Housing

construction

New Housing Construction Jumps Nearly 3% in March

The U.S. Census Bureau and the Department of Housing and Urban Development reported Wednesday morning that new housing starts in March rose to a seasonally adjusted annual rate of 946,000. ...
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House for Sale

Mortgage Rates Down, Applications Up Last Week

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting an increase of 4.3% in the group's seasonally adjusted composite index. That followed a drop ...
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home building

Home Builder Confidence Downbeat on Tight Credit, Limited Building Lots

The National Association of Home Builders (NAHB)/Wells Fargo housing market index for April rose one point to 47 from a reading of 46 in March. The reading was below a ...
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House for Sale

Rising Mortgage Rates Chill Refinancing

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 1.6% in the group's seasonally adjusted composite index. That followed a drop ...
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foreclosure notice

Home Foreclosures Still Double Rate Before Housing Bust

In the month of February, 43,000 U.S. home foreclosures were completed, down 13.1% month over month and down 15% from 51,000 in February 2013, according to research firm CoreLogic. While ...
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Townhouses

Refinancing Slides as Mortgage Rates Continue to Rise

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 1.2% in the group's seasonally adjusted composite index. That followed a drop ...
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House for Sale

Five States With New Highs in Home Prices

Compared with 2013, home prices rose 12.2% in February, marking a 24th consecutive month of year-over-year gains, according to research firm CoreLogic. Home prices in four states -- Colorado, Nebraska, ...
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House for Sale

Pending Home Sales at 30-Month Low

The National Association of Realtors (NAR) Thursday morning released its data on pending sales of existing homes in February. The pending home sales index fell 0.8% from a downwardly revised ...
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Housing development

Refinancing Tumbles as Mortgage Rates Start Rising

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 3.5% in the group's seasonally adjusted composite index. That followed a rise ...
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townhomes

Five States Where Renters Can’t Afford to Live

With the collapse of the housing market, the argument about renting versus buying a home was reset. Home prices suddenly plunged. For people who kept their jobs through the Great ...
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Foreclosed home

Eight Markets With the Highest Distressed Home Sales

The real estate recovery has been extremely uneven. In some markets, prices have risen by well into the double digits. However, many of these markets are in areas such as ...
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Housing development

February New Home Sales at Highest Level Since 2008

The U.S. Census Bureau Tuesday morning released data on new single-family home sales for February. Sales fell 3.3% month over month, to a seasonally adjusted annual rate of 440,000 from ...
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New home

February Sales of Existing Homes Remain at Multi-month Low

The National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in February fell 0.4% to 4.6 million from a total of 4.62 million ...
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Townhouses

KB Home Investors Cheer Profitable First Quarter

Shares of KB Home (NYSE: KBH) surged Wednesday after the homebuilder reported first-quarter fiscal 2014 results before markets opened. It posted its first quarterly profit for the period since 2007. ...
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House for Sale

Mortgage Loan Rates Tick Down, Applications Slip

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 1.2% in the group's seasonally adjusted composite index. That followed a drop ...
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