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.
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…
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.
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…
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%.
Home prices have recently been rising at a slower pace than they were a year ago which is good news for potential buyers. Here's how much a buyer needs to earn in order to…
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.
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.
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.
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…
A house owned by Johnny and June Carter Cash is on the market for nearly $4 million. Realtors doubt it will sell as an individual home, so has been promoted as a property which…
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.