FHFA Home Price Index Rises 0.5% in October
The Federal Housing Finance Agency reported Tuesday morning that U.S. home prices rose more than expected in October.
The Federal Housing Finance Agency reported Tuesday morning that U.S. home prices rose more than expected in October.
The five states where cash sales were highest in September were Alabama, West Virginia, Florida, New York and Kentucky.
If someone is murdered in your California neighborhood, the potential drop in the value of your property is more than $17,000.
Lennar reported better-than-expected fourth-quarter and fiscal 2015 earnings before markets opened Friday morning.
The U.S. Census Bureau and the Department of Housing and Urban Development reported Tuesday morning that new housing starts in November jumped more than expected.
The Mortgage Bankers Association's report on mortgage applications It noted a week-over-week decrease of about 1% in the group's seasonally adjusted composite index for the week ending December 11.
The National Association of Home Builders/Wells Fargo housing market index for December decreased by one point from November.
At the end of the third quarter, the states with the highest percentage of homes with negative equity included Nevada, Florida and Arizona.
The Mortgage Bankers Association noted a week-over-week increase in the group's seasonally adjusted composite index for the week ending December 4.
In October, 37,000 U.S. home foreclosures were completed, down more than 12% month over month.
Housing prices have risen by around 6% over the past 12 months and, barring any major economic downturn, demand for housing should support additional growth in home prices next year.
The U.S. mortgage market is huge — more than $5 trillion — and two of the major players are government-sponsored entities Fannie Mae and Freddie Mac.
San Francisco was the hottest U.S. real estate market in November, based on housing supply and demand.
Hovnanian Enterprises reported mixed fourth-quarter fiscal 2015 results before markets opened Friday morning.
U.S. sales of distressed homes totaled more than 9% of all homes sold in September of this year, according to data posted Wednesday by CoreLogic.