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.
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Mortgage Loan Rates Rise as Applications Increase
The latest Mortgage Bankers Association report on mortgage applications noted a week-over-week increase in the group's seasonally adjusted composite index for the week ending May 20.
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?
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 much more than expected.
Why Things Are Looking Up for Toll Brothers
Toll Brothers reported better-than-expected fiscal second-quarter 2016 results before markets opened Tuesday morning.
Mortgage Loan Numbers Drop Among Low Credit Score Applicants
In 2005, at the peak of mortgage loan applications, more than 11 million Americans applied for home-purchase mortgages. That number was less than 5 million in 2014.
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.
April Existing Home Sales Higher for Second Consecutive Month
The National Association of Realtors reports that the seasonally adjusted annual rate of existing home sales in April rose more than 1% to 5.45 million.
February Cash Home Sales Highest in Philadelphia, Detroit
In February of 2016, cash sales comprised more than 35% of all home sales, down from about 38% in February of 2015, marking the 38th consecutive year-over-year monthly decline.
Mortgage Loan Rates Steady Near 3-Year Low
The latest Mortgage Bankers Association report on mortgage applications noted a week-over-week decrease in the group's seasonally adjusted composite index for the week ending May 13.
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 more than expected.
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.
Florida House Hits Market For $195 Million
The average price for a house in Manalapan, Florida, is $255,000. It’s pretty safe to say that a house selling for $195 million is not an average house. In fact, it may have raised…
Former Louisiana Brothel Hits Market for $305,000
A two-story, four bedroom, plantation home for sale in Marrero, La., once housed a brothel, according to Realtor.com.
Mortgage Loan Rates at 3-Year Low
The latest Mortgage Bankers Association report on mortgage applications noted a week-over-week increase in the group's seasonally adjusted composite index for the week ending May 6.