Housing

October Housing Starts Rise, But Still Short of Expectations

Posted: November 20, 2018 at 9:13 am

The U.S. Census Bureau and the Department of Housing and Urban Development reported Tuesday morning that new housing starts in October rose to a seasonally adjusted annual rate of 1.228 ...
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November Home Builder Confidence Plunges

Posted: November 19, 2018 at 11:48 am

The National Association of Home Builders (NAHB)/Wells Fargo housing market index (HMI) for November plummeted by 8 points to 60 to end a five-month run in the high 60s range ...
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Mortgage Applications Continue to Slide, Interest Rates Slightly Higher

Posted: November 14, 2018 at 7:20 am

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 3.2% in the group's seasonally adjusted composite index for the week ending ...
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Mortgage Delinquencies, Foreclosure Inventory Post August Declines

Posted: November 13, 2018 at 12:10 pm

The share of home mortgage loan payments that are 30 days or more past due fell from 4.6% in August 2017 to 4% in August 2018. That represents the lowest ...
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Aretha Franklin’s Home On Sale For Under $1 Million

Posted: November 11, 2018 at 8:15 am

Less than three months after Aretha Franklin's death at 78, her home near Detroit has gone onto the market for $800,000. Although born in Tennessee she lived much of her ...
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Legacy Housing Gears Up for IPO

Posted: November 9, 2018 at 11:45 am

Legacy Housing has filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). No pricing details were given in the filing, but ...
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How DR Horton Earnings Reflect Today’s Home Market

Posted: November 8, 2018 at 7:50 am

D.R. Horton Inc. (NYSE: DHI) reported fiscal fourth-quarter and full-year 2018 results before markets opened Thursday. The homebuilder reported quarterly diluted earnings per share (EPS) of $1.22 on revenues of ...
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Mortgage Applications Hit 4-Year Low as Interest Rates Climb

Posted: November 7, 2018 at 7:40 am

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 4% in the group's seasonally adjusted composite index for the week ending ...
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CoreLogic September Home Price Index Maintains Slowing Growth Pace

Posted: November 6, 2018 at 9:50 am

U.S. home prices rose 5.6% in September compared with the same month a year ago, according to data from CoreLogic released Tuesday in the research firm's Home Price Insights monthly ...
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Mortgage Applications Slide, Interest Rate Moves Mixed

Posted: October 31, 2018 at 7:25 am

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 2.5% in the group's seasonally adjusted composite index for the week ending ...
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August Home Price Increase Dips to 20-Month Low

Posted: October 30, 2018 at 9:55 am

The S&P CoreLogic Case-Shiller national home price index rose 5.8% year over year in August to a non-seasonally adjusted (NSA) index of 205.81. That's 0.2 percentage points higher than the ...
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Down Payments on a Home Are Dropping

Posted: October 28, 2018 at 11:02 am

Perhaps the highest hurdle for first-time home buyers has always been scraping together the down payment. A 20% down payment on a $250,000 home comes to $50,000, not an easy ...
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September Pending Home Sales Inch Higher After 8 Months of Decline

Posted: October 25, 2018 at 10:35 am

The National Association of Realtors (NAR) Thursday morning released its data on pending sales of existing homes for the month of September. The pending home sales index rose by 0.5% ...
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September New Home Sales Plummet, Prices Remain Nearly Flat

Posted: October 24, 2018 at 10:35 am

The U.S. Census Bureau and the Department of Housing and Urban Development reported Wednesday morning that sales of new homes in September decreased to a seasonally adjusted annual rate of ...
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Mortgage Applications Pick Up as Interest Rates Climb Higher

Posted: October 24, 2018 at 7:30 am

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting an increase of 4.9% in the group's seasonally adjusted composite index for the week ending ...
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