Housing

All Housing Articles

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US Homeowner Equity Up by $678 Billion in Past 12 Months

Some 351,000 mortgages rose enough last year to regain positive equity status. The total value of U.S. mortgaged properties rose by $678,000, raising the seven-year gain in home value to $5.5 trillion.

Paul Ausick · 8 years ago

Mortgage Loan Rates Rise, New Applications Dip

Mortgage loan rates rose last week on all types of loans tracked by the Mortgage Bankers Association. Average loan sizes also rose as high-end and move-up buyers took a larger share of the housing…

Paul Ausick · 8 years ago

December New Home Sales, Prices, Inventory Rise

Home sales rose month over month in December and were up more than 2% year over year for the month. The for-sale inventory was also higher and, alas, so were prices.

Paul Ausick · 8 years ago

A Detroit House Offered At $9,500

Detroit is still plagued by blighted neighborhoods, a sky-high poverty rate, and crime infested areas. That is among the reasons some houses in the city sell for well below the national average, and even…

Douglas A. McIntyre · 8 years ago

8 Cities Where Home Prices Have Stopped Rising

Housing price increases continue to moderate according to the latest data from the S&P CoreLogic Case-Shiller house price index. In eight of the 20 largest U.S. cities, year-over-year price increases fell below 4%.

Paul Ausick · 8 years ago

Sales of New Homes Dipped 8% in January

Online real-estate brokerage Redfin reported Friday that sales of new single-family homes dropped 8% year over year in January. Sales fell in all four regions of the country.

Paul Ausick · 8 years ago

Buyers Gaining Upper Hand in Housing Market

The inventory of homes for sale in the United States is growing slowly and is slightly higher now that it was a year ago. It's been four years since that's been true.

Paul Ausick · 8 years ago

Why Californians Are Fleeing the State

More and more Californians are considering fleeing the Golden State, and this is not the result of recent wildfires or earthquakes. In fact, high costs of living and housing prices seem to be catalysts.

Chris Lange · 8 years ago

Mortgage Loan Rates, New Applications Continue Sliding

Even though mortgage loan rates are falling, the number of new applications for mortgage loans is not rising. The Mortgage Bankers Association sees uncertainty about the economy as the likely cause for the decline…

Paul Ausick · 8 years ago

5 Cities Where People Owe More Than Their Homes Are Worth

Underwater mortgages were a staple of the Great Recession and the national home real estate value collapse. The problem is particularly acute in cities in the South and old industrial cities.

Douglas A. McIntyre · 8 years ago