Housing - Page 2

Housing development

Mortgage Interest Rates Up Slightly in Holiday Week

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting an increase of 1.9% in the group's seasonally adjusted composite index. That followed a drop ...
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foreclosure notice

States With the Highest Foreclosure Rates in May

In the month of May, 47,000 U.S. home foreclosures were completed, up 3.8% month over month but down 9.4% from 52,000 in May 2013, according to research firm CoreLogic. While ...
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New home

Mortgage Interest Rates Continue to Decline

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 0.2% in the group's seasonally adjusted composite index. That followed a drop ...
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Townhouses

U.S. Home Price Increases Slowing, but Rise by Double Digits in Four States

Home prices in the United States rose for the 27th consecutive month in May, but the increases have slowed sharply in the past two months. Compared with May of 2013, ...
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Housing development

Housing Spending Rose in Q1 to 17.6% of Total GDP

The sequential 2.9% decline in U.S. gross domestic product (GDP) in the first quarter of 2014 was lower than expected and the largest drop since the first quarter of 2009. ...
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home building

Homebuilders Have Lagged the Market — Four to Buy Now

While the S&P 500 is unlikely to end up the year with a stunning 30% gain as it did in 2013, as the first half of this year winds down, ...
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home building

Higher Selling Prices Drive KB Home Earnings

KB Home (NYSE: KBH) reported second-quarter 2014 results before markets opened Friday. The homebuilder posted diluted earnings per share (EPS) of $0.27 on revenues of $565 million. In the same ...
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construction

Homebuilder Lennar Earnings Rise on Improved Demand

Lennar Corp. (NYSE: LEN) reported second-quarter fiscal 2014 results before markets opened Thursday. The homebuilder reported quarterly diluted earnings per share (EPS) of $0.61 on revenues of $1.63 billion. In ...
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home building

IPO Filing for Woodside Homes: Adventures in Homebuilding

Before you write off housing again, what does it tell you if there is another filing for an initial public offering in the housing sector? A company named Woodside Homes Inc. ...
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Housing development

Lower Mortgage Interest Rates Slow Drop in Applications

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 1% in the group's seasonally adjusted composite index. That followed a drop ...
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Detroit

Detroit Housing Market Still Dead

A look at new Case-Shiller home price data for April might lead people to believe Detroit's housing market has made a miracle comeback. Based on the way the research firm ...
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Townhouses

May New Home Sales Skyrocket to Highest Rate in Six Years

The U.S. Census Bureau Tuesday morning released data on new single-family home sales for May. Sales rose 18.6% month-over-month, to a seasonally adjusted annual rate of 504,000, from a downwardly ...
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Housing development

Case-Shiller: Housing Price Gains at Slow Pace

The S&P/Case-Shiller home price index for April rose 1.1% for the 20-city and 1% on the 10-city composite indexes. The 20-city composite rose 10.8% year-over-year, well below the consensus estimate ...
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House for Sale

May Sales of Existing Homes Post Largest Gain in Three Years

The National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in May rose 4.9% to 4.89 million from an upwardly revised total of ...
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Housing development

Mortgage Interest Rates Rising Again

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 9.2% in the group's seasonally adjusted composite index. That followed a rise ...
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