The National Association of Realtors (NAR) Thursday morning released its data on pending sales of existing homes for August. The pending home sales index fell 2.7 points (down 2.4%) to 108.5 from a downwardly…
The latest Mortgage Bankers Association weekly report on mortgage applications noted a week-over-week decrease of less than 1% in the group's seasonally adjusted composite index for the week ending September 23.
In June of 2016, cash sales comprised more than 29% of all home sales. For all of 2015, more than a third of all home sales were cash transactions, the lowest total since 2008.
CoreLogic keeps data on cash sales as a percentage of all home sales. In June, the number was an extraordinary 29.3% nationwide. Some states have numbers much higher than that.
In all 20 U.S. cities included in the S&P/Case-Shiller home price index, July house prices increased year over year, and all 20 also posted month-over-month increases.
The increase in sales of lower-priced homes is the primary factor in the sharp drop in median and average prices in August.
If you are shopping for a new home, you are very likely also shopping for a mortgage. The lowest home mortgage rates are available only to the most qualified home buyers.
Selling your house can be stressful, especially if you want to sell it quickly. But failing to disclose even a minor problem with the property may lead to nasty confrontation in front of a…
Houston defensive end J.J. Watt has been described as one of the better NFL players at his position, and his home is on the market for $465,000.
The National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in August fell 0.9% to a seasonally adjusted annual rate of 5.33 million from a downwardly revised…
The Federal Housing Finance Agency (FHFA) reported Thursday morning that U.S. home prices rose 0.5% year over year in July. Compared with July 2015, the inflation-adjusted home price has gained 5.8%. Home prices rose…
Shares of WCI Communities saw a handy gain after it was announced that Lennar would be acquiring the company.
Based on the latest data from CoreLogic's mortgage fraud risk index, mortgage lenders in the Miami metropolitan area face the highest risk for attempts to commit fraud.
All housing markets are not created equal. The old saw, "Location! Location! Location!" is no less true just because it's old.
The latest Mortgage Bankers Association report on mortgage applications noted a week-over-week decrease of more than 7% in the group's seasonally adjusted composite index for the week ending September 16.
