May Pending Home Sales Tick Higher, Inventory Remains a Problem
The National Association of Realtors reported Wednesday morning the pending home sales in May rose by 0.5%. Rising prices for scarce inventory continue to frustrate potential buyers.
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Mortgage Loan Rates Made Mixed Moves as Applications Fell 5% Last Week
Applications for new mortgages fell by about 5% last week according to the Mortgage Bankers Association. Mortgage loan rate changes were mixed on small moves.
April Home Prices Continue Upward Trend
The Case-Shiller national house price index rose 6.4% month over month in April, a tick less than the 6.5% month-over-month growth in March.
How Homebuilder Lennar Crushed Estimates
Homebuilder Lennar reported second-quarter results before markets opened Tuesday. Revenues soared due to an acquisition closed in February, but prices rose sharply and buyer incentives fell.
May New Home Sales Bounce Back on Sales of Lower-Priced Homes
The U.S. Census Bureau and the Department of Housing and Urban Development reported Monday morning that sales of new homes in May rose more than expected.
Live Long and Prosper in These 10 US Counties
Where you live has an impact on how long you live. Most Americans know that. Researchers at Realtor.com have identified 10 U.S. counties where residents live longest.
4 Homebuilder Stocks to Buy With Huge Upside as Housing Starts Set Recovery High
These four homebuilder stocks have big upside to their Merrill Lynch price targets, and the companies are among the biggest and the best in the business.
May Existing-Home Sales Slip Less Than 1%; Median Price Hits All-Time High
Sales of existing homes fell slightly in May to an annual adjusted average of 5.43 million while the median home price rose to an all-time high according to the National Association of Realtors.
Mortgage Applications Rose 5% Last Week While Loan Rate Moves Were Mixed
Mortgage loan rates on a conforming 30-year fixed-rate mortgage did not change last week, according to the Mortgage Bankers Association. Rates have ticked lower this week and are expected to make only small moves…
May Housing Starts Soar to 11-Year High
New residential construction rose to an 11-year high in May with U.S. builders beginning construction on 1.35 million new housing units.
Homebuilder Confidence Takes a Hit in June
The National Association of Home Builders reported a drop of two points in its housing market index in June. Soaring prices for lumber could get worse as trade relations between the U.S. and Canada…
Want to Buy a California Ghost Town?
A ghost town for sale in the Inyo Mountains of southern California was the most viewed listing last week at the Realtor.com website. The price is certainly right but the town may need more…
Mortgage Loan Rates Move Higher, Applications Drop
Mortgage loan rates moved higher last week and applications for new mortgages dropped. Applications for refinancing remained unchanged at more than a third of all new mortgage loan applications.
U.S. Mortgage Delinquencies Decline in March, but Quadruple in Puerto Rico
The percentage of U.S. homeowners with mortgages more than 30 days past due dipped slightly to 4.3% in March. The areas hit hardest by last year's hurricanes continue to struggle.
US Cities with the Most Home Listings under $100,000
Home buyers on a really tight budget might be able to find a home selling for less than $100,000 in many cities, including some of the nation's largest. But the search won't be easy.