Housing

Home Prices in Some Cities Up Over 15% in December

Posted: January 18, 2020 at 8:25 am

In December, home prices surged 6.9% year over year, according to Redfin. Shrinking supply caused much of the increase. In some cities, the price appreciation was much larger. The new ...
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Phoenix Home Prices Continue to Surge: Case-Shiller

Posted: December 31, 2019 at 10:25 am

U.S. home prices are rising at a quickening pace, according to the S&P CoreLogic Case-Shiller national home price index (not seasonally adjusted) for October released Tuesday. The year-over-year increase of ...
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New Home Sales Remain High, Builders Optimistic for 2020

Posted: December 23, 2019 at 11:25 am

The U.S. Census Bureau and the Department of Housing and Urban Development reported Monday morning that sales of new homes in November increased to a seasonally adjusted annual rate (SAAR) ...
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Fannie Mae Sees Significant Upside for Housing and Economy in 2020

Posted: December 18, 2019 at 10:15 am

If you are still stuck deep into all those "recession is imminent" calls from a few months ago, note that a few things have changed for the better. Along with ...
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Mortgage Loan Applications Slipped Last Week, Loan Rates Showed Little Movement

Posted: December 18, 2019 at 7:40 am

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 5% in the group's seasonally adjusted composite index for the week ending ...
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Americans With Lake Homes Beg Canada for Help

Posted: December 18, 2019 at 6:15 am

Lakefront property is often expensive. It offers easy access to boating, skiing, swimming and fishing. The real estate also may offer spectacular views. Many owners of this kind of property ...
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Buying a Trump Condo Cheaper Now Than Before 2016 Election

Posted: December 13, 2019 at 1:30 pm

Ahead of the November 2016 that put Donald Trump in the White House, condominiums available for sale in Trump buildings outside New York City commanded a premium of 28% to ...
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US Homeowner Equity Rises by $457 Billion in Past 12 Months

Posted: December 12, 2019 at 12:15 pm

Compared to the third quarter of 2018, U.S. homeowner equity in the third quarter of this year rose by $457 billion, or 5.1%. The number of homeowners whose mortgages exceed ...
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Mortgage Loan Applications Stage Comeback, FHA Loan Rates Dip Near Annual Low

Posted: December 11, 2019 at 7:25 am

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting an increase of 3.8% in the group's seasonally adjusted composite index for the week ending ...
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Why Wedbush Is Cautious on Homebuilders in 2020

Posted: December 10, 2019 at 1:15 pm

Wedbush has a cautious view of many homebuilders for 2020, after noting that there will be tougher comps in the second half of the year, while it actually sees the ...
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Home Foreclosures, Loan Delinquencies Remain at 2-Decade Low

Posted: December 10, 2019 at 11:50 am

The share of home mortgage loan payments that were 30 days or more past due fell to 3.8% in September, remaining at its lowest level in more than 20 years. ...
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16 Major Housing Markets Expected to See Lower Sales and Lower Prices in 2020

Posted: December 5, 2019 at 1:35 pm

Buying a home is one of the biggest financial decisions most people make. After a decade-long increase in housing prices after the Great Recession, there are at least some views ...
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Many Housing Markets Could See a Rough 2020, With an Election Wild Card to Boot

Posted: December 4, 2019 at 6:55 pm
Last updated: January 6, 2020 12:45 am

At the end of every year, analysts, economists, strategists and market pundits all start to come out with their predictions for the coming year. That's the case for stocks and ...
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These Are the Housing Markets That Will Grow Fastest in 2020

Posted: December 4, 2019 at 1:05 pm
Last updated: January 6, 2020 12:45 am

U.S. home sales have been strong this year, with new home sales up more than 30% year over year in October, according to the latest data from the U.S. Census ...
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Mortgage Loan Applications Down for Holiday Week, Loan Rates Make Mixed Moves

Posted: December 4, 2019 at 7:25 am
Last updated: January 6, 2020 12:46 am

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 9.2% in the group's seasonally adjusted composite index for the week ending ...
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