Housing

Forest

A $252,000 Tree House for Sale in Kansas

Real estate listings are sometime exaggerations. The most searched house on Realtor.com this week is described as a "tree house." Actually: Designed to fit into the nature surrounding it, this ...
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Millennials

Wells Fargo Offers Mortgage Program Aimed at Millennials, Low-Income Buyers

Wells Fargo & Co. (NYSE: WFC), the nation's biggest home mortgage lender, on Thursday announced a new home loan program that requires a down payment as low as 3% for ...
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home for sale

April Pending Home Sales Reach 10-Year High

The National Association of Realtors (NAR) Wednesday morning released its data on pending sales of existing homes for April. The pending home sales index rose 5.1 points to 116.3, from ...
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Toy house

FHFA Home Price Index Rises 1.3% in Q1

The Federal Housing Finance Agency (FHFA) reported Wednesday morning that U.S. home prices rose 1.3% year over year in the first quarter of 2016. Compared with the first quarter of ...
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House for Sale

Mortgage Loan Rates Rise as Applications Increase

The Mortgage Bankers Association (MBA) released its report on mortgage applications Wednesday morning, noting a week-over-week increase of 2.3% in the group's seasonally adjusted composite index for the week ending ...
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house with cash

This House Is America’s Typical Home

$187,000 is the median home value in the United States. What does such a home look like? According to Zillow, the current median home value in America is $187,000. After a peak ...
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home for sale

New Home Sales Soar in April

The U.S. Census Bureau and the Department of Housing and Urban Development reported Monday morning that sales of new homes in April soared to a seasonally adjusted annual rate of ...
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new house construction

Why Things Are Looking Up for Toll Brothers

Toll Brothers Inc. (NYSE: TOL) reported fiscal second-quarter 2016 results before markets opened Tuesday. The luxury homebuilder posted quarterly diluted earnings per share (EPS) of $0.51 on revenues of $1.12 billion. ...
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mortgage application

Mortgage Loan Numbers Drop Among Low Credit Score Applicants

In 2005, at the peak of mortgage loan applications, 11.7 million Americans applied for home-purchase mortgages. That number fell to a low of 3.6 million applications in 2011 before rising ...
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a lot of money

Michigan Mansion Hits Market for $3.5 Million

Seven bedrooms, six full baths and 12,000 square feet of living space. The castle that houses these is for sale in the rich Detroit suburb of Bloomfield Township in Michigan. ...
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home for sale

April Existing Home Sales Higher for Second Consecutive Month

The National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in April rose 1.7% to 5.45 million from an upwardly revised total of ...
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yellow bungalow

February Cash Home Sales Highest in Philadelphia, Detroit

In February of 2016, cash sales comprised 35.7% of all home sales, down from 38.1% in February of 2015, marking the 38th consecutive year-over-year monthly decline. Cash sales rose by ...
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Suburbia

Mortgage Loan Rates Steady Near 3-Year Low

The Mortgage Bankers Association (MBA) released its report on mortgage applications Wednesday morning, noting a week-over-week decrease of 1.6% in the group's seasonally adjusted composite index for the week ending ...
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Blueprint and a Hard Hat

April Housing Starts Jump 6.6%

The U.S. Census Bureau and the Department of Housing and Urban Development reported Tuesday morning that new housing starts in April jumped to a seasonally adjusted annual rate of 1.172 ...
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new house construction

May Homebuilder Confidence Unchanged

The National Association of Home Builders (NAHB)/Wells Fargo housing market index for May remained unchanged from April's reading of 58. The reading was lower than the consensus forecast of 59 ...
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