Housing - Page 2

House for Sale

Mortgage Loan Rates Turn Lower After Holidays

The Mortgage Bankers Association (MBA) released its most recent report on mortgage applications Wednesday morning. It noted a decrease of 9.1% in the group’s seasonally adjusted composite index for the ...
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Housing development

Nevada and Florida Home Prices Remain Stalled in November

Home prices in the United States rose for the 33rd consecutive month in November, but the increase continued to moderate. Compared with November of 2013, home prices rose 5.5%, including ...
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home building

November New Construction Spending Unexpectedly Drops

The U.S. Census Bureau reported Friday morning that construction spending in November decreased by 0.3% to an estimated seasonally adjusted annual rate of $975 billion from the revised estimate of ...
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House for Sale

Pending Home Sales Monthly Rise Highest in 14 Months

The National Association of Realtors (NAR) Wednesday morning released its data on pending sales of existing homes in November. The pending home sales index rose 0.8% from a downwardly revised ...
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home prices

October Home Prices Drop Most in Chicago and Cleveland

In 19 of 20 U.S. cities included in the S&P/Case-Shiller home price index, October house prices declined, and in six of those cities the drop was greater than the 0.2% ...
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Home Sales to Increase 9% in 2015

The U.S. real estate market is expected to improve, based on sales, in 2015. However, the improvement is unlikely to cause a bubble. According to research firm CoreLogic, home sales ...
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townhomes

America’s Most Affordable Rental Markets

While throughout the United States buying a home is a better deal financially than renting one, in several markets this is not true, according to research firm RealtyTrac. Its analysis ...
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gavel

American Realty Woes Continue to Pile Up

Since late October when American Realty Capital Properties Inc. (NASDAQ: ARCP) announced that its financial statements since the full-year 2013 report could no longer be relied on, the stock has ...
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Mortgage Loan Rates Hover Near 4%

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning. The report noted an increase of 0.9% in the group’s seasonally adjusted composite index for the ...
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Townhouses

November New Home Sales Slip to 4-Month Low

The U.S. Census Bureau has released data on new single-family home sales for November. Sales fell 1.6% month-over-month, to a seasonally adjusted annual rate of 438,000 from a downwardly revised ...
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House for Sale

Home Price Index Rises to 18-Month High

The Federal Housing Finance Agency (FHFA) reported Tuesday morning that U.S. home prices rose 0.6% month-over-month in October. Compared with October 2013, the house price index has gained 4.5%. The ...
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House for Sale

Mortgage Loan Rates Drop to 18-Month Low

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 3.3% in the group’s seasonally adjusted composite index for the week ending ...
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construction

New Housing Starts, Building Permits Drop in November

The U.S. Census Bureau and the Department of Housing and Urban Development reported Tuesday morning that new housing starts in November slipped to a seasonally adjusted annual rate of 1.028 ...
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home building

Homebuilder Confidence Turns Lower in December

The National Association of Home Builders (NAHB)/Wells Fargo housing market index for December slipped from a reading of 58 in November to a new reading of 57. The reading was ...
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Townhouses

Buying a House for 36% Off

The median price for a home sold in the United States in October was $199,500. The price of what is called a "distressed home" was $127,000, or 36% less, according ...
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