February New Home Sales Jump 5%
New home sales in the U.S. rose by 4.9% month over month in February, according to the latest data from the U.S. Census Bureau. The year-over-year increase was a much more modest 0.6%.
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How Hovnanian Plans to Stay Afloat in the NYSE
Hovnanian Enterprises is doing everything it can to stay listed on the New York Stock Exchange. It has executed the dreaded reverse stock split to keep its shares afloat on the index.
Why Reform Efforts for Fannie Mae and Freddie Mac May Remain Elusive
Any efforts to reform and modernize Fannie Mae and Freddie Mac likely will take quite some time to come to fruition. Nothing happens quickly in Washington, D.C.
February Pending Home Sales Remain Sluggish
Pending home sales fell by 1% month over month in February, slightly worse than expectations. This marks the 14th straight month that sales have declined year over year.
Home Prices Cool Most in 4 Years, Las Vegas Soars
U.S. home prices are still rising, but at the slowest pace since April of 2015, according to the S&P CoreLogic Case-Shiller national home price index for January released Tuesday. The year-over-year increase of 4.3%…
5 Big-Ticket Home Repairs You’ll Want to Avoid
One of the downsides of owning a house is that mortgage payments and property taxes are not the only checks homeowners have to write.
February Existing Home Sales Jump Nearly 12%, Still Trail Year-Ago Total
Existing home sales jumped nearly 12% last month but remain a bit below the February 2018 total. Home prices rose year over year for the 84th consecutive month.
Lower Loan Rates Boost Applications for New Mortgages
Mortgage loan rates dipped again last week leading to an increase in new mortgage loan applications.
March Homebuilder Confidence Stalls
The National Association of Home Builders confidence index was unchanged this month, holding steady at 62 after crawling out of a deep hole in December.
This Small Town Used to Be the Fourth Largest City in America
Several of America’s largest cities today were also the largest cities in the United States before it became the United States in 1789. However, a town that barely qualifies as a city in 2019…
January New Home Sales Tumble, Prices Dip
Sales of new homes dropped by 4% year over year in January and 7% compared to December. Unusually cold weather, a partial government shutdown, and substantial upward revision in December's total all contributed to…
Mortgage Loan Rates Slide Sending New Applications Higher
Applications for new mortgage loans rose last week as interest rates dipped. Mortgage interest rates reached a 14-month low on Tuesday.
CoreLogic January Home Price Index Maintains Slow Growth Path
U.S. home prices rose more than 4% in January according to CoreLogic's latest Home Price Insights monthly report.
Almost 20% Of Community College Students In This State Are Homeless
Community colleges are two-year education institutions meant to provide affordable degrees for people who have usually graduated high school but have not enrolled in schools which can give them a four-year college degree. They…
January Housing, Single-Family Starts Burst Out of the Gate
Data for U.S. housing starts in January were released Friday showing sharp jumps in both total starts and starts on single-family home construction. New permits issued slipped slightly.