Housing - Page 2

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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home building

Annual New Housing Starts Drop to a Million in May

The U.S. Census Bureau and the Department of Housing and Urban Development reported Wednesday morning that new housing starts in May slipped to a seasonally adjusted annual rate of 1.00 ...
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home building

Home Builder Confidence at Six-Month High

The National Association of Home Builders (NAHB)/Wells Fargo housing market index for June rose four points to 49 from a reading of 45 in May. The reading was higher than ...
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House for Sale

Mortgage Rates, Loan Applications Both Rise

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting an increase of 10.3% in the group's seasonally adjusted composite index, following a drop of ...
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foreclosure notice

Ten Cities With Highest Foreclosure Rates

Foreclosure filings in the United States dropped 5% in May, compared with April, and 26% compared with May 2013, according to data released Tuesday by RealtyTrac. Florida, Maryland and Nevada ...
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House for Sale

Fixed Mortgage Rates Reverse Course and Rise

Freddie Mac released its weekly update on national mortgage rates on Thursday morning, showing a partial reversal of the recent trend toward falling interest rates. Both 30-year fixed-rate mortgages (FRMs) ...
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Crumbling Greek flag with euro

More Good News for the PIIGS – Housing Prices

The European Central Bank announced a negative interest rate policy on Thursday. It may not have been enough for the stimulus-addiction crowd, but this is truly an experiment. If the ...
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Housing Patterns

Underwater Mortgage Levels Continue to Drop

Of more than 49.3 million mortgaged properties in the United States at the end of the first quarter of 2014, there are 6.3 million where the mortgage amount is greater ...
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Townhouses

Mortgage Rates Drop, So Do Applications

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning. It noted a decrease of 3.1% in the group's seasonally adjusted composite index, following a drop ...
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