October Existing Home Sales Up 2%, Inventory Drops
Sales of existing homes rose 2% in October, the largest increase since summer. The less-good news is that the inventory of existing homes for sale fell more than 3%.
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The Week’s Top Homes: A Place with Snap! Crackle! Pop! and a $45 Million Mansion
Top homes listed for sale last week included a 1920's getaway for cereal magnate W.K. Kellogg and a Beverly Hills home priced at $45 million.
5 Reasons to Buy a Home During the Holiday Season
Shopping for a new home during the holidays could result in a better experience and a better result. Here are five reasons why.
October Housing Starts Up Sharply as Rebuilding Begins
October housing starts rose nearly 14% month over month according to the latest report from the Census Bureau. Rebuilding has taken hold in the South as Americans rebuild following the summer's hurricanes.
Mortgage Loan Rates Mostly Flat, Applications Increase
Applications for new mortgages rose by more than 3% last week while mortgage interest rates moved mostly sideways.
Mortgage Delinquencies Fall to 10-Year Low
Mortgage delinquency rates for loans 30 days or more past due dropped to a 10-year low in August. The foreclosure rate dropped by a third year over year as well.
12 Tips on Things to Do Before Listing Your House For Sale
Here are a dozen tips from real estate pros on things you can do to help sell your home faster and for the best possible price.
10 US Cities With Skyrocketing Home Values
Cities where home prices are the highest are not necessarily the cities where home prices are appreciating fastest. Here are 10 U.S. metro areas where home values are rising fastest.
Mortgage Payments Rising Faster Than Home Prices
Everyone knows that U.S. home prices are rising at a rapid clip. What many may not know is that mortgage payments are rising even faster.
Mortgage Loan Rates Slip, Application Index Unchanged
What little movement there was in the mortgage banking business last week was to the benefit of borrowers. Loan rates dipped slightly week over week on most types of mortgage loans.
CoreLogic September Home Price Index Soars 7%
U.S. home prices rose by 7% year over year in September and just under 1% compared with August, according to housing research firm CoreLogic.
4 Homebuilders to Buy Now After Being Hammered on New Tax Plan
A proposed change to the mortgage interest tax deduction drew some ire last week. The homebuilders were sold off in quick fashion, but the sell-off in the group may be way overdone.
6 Mistakes That Can Kill Your Home Sale
Getting an offer for your home that is over the asking price is not always what it appears to be. Be prepared for some negotiation with the buyer that you may not have expected.
Mortgage Loan Rates Higher, Applications Dip as Lenders Await New Fed Chair
Mortgage loan rates rose to multimonth highs last week as demands for bonds rose. That demand has cooled somewhat as markets await the naming of a new chairperson for the Federal Reserve Bank.
August Home Prices Push Higher: Case-Shiller
U.S. home prices rose more than 6% year over year in August as they zero in on setting a new all-time high.