Housing Starts Up 5% in February
The U.S. Census Bureau and the Department of Housing and Urban Development reported Wednesday morning that new housing starts in February increased.
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Mortgage Loan Rates Rise Again, Applications Slide
The latest Mortgage Bankers Association report on mortgage applications noted a week-over-week decrease in the group's seasonally adjusted composite index for the week ending March 11.
Homebuilder Confidence Steady in March
In October 2015, the NAHB index reached 64, its highest level since the end of the housing boom in late 2005.
Market for Million-Dollar Homes Slowing
CoreLogic points out that where the market for million-dollar homes goes now is a function both of stock market performance and rising inventory levels.
Nevada, Florida, Illinois Have Most Underwater Mortgages
Of more than 46 million mortgaged residential properties in the United States at the end of the fourth quarter of 2015, more than 10 had a mortgage amount greater than the value of the…
Hovnanian Misses Profit, Revenue Estimates, but Sticks With Guidance
Hovnanian Enterprises reported disappointing first-quarter fiscal 2016 results before markets opened Wednesday morning.
Mortgage Loan Rates Rise Slightly as Applications Tick Higher
The latest Mortgage Bankers Association report on mortgage applications noted a week-over-week increase in the group's seasonally adjusted composite index for the week ending March 4.
January Foreclosures Highest in Florida, Michigan
CoreLogic notes that the current foreclosure inventory totals more than 1% of all homes with a mortgage in the United States, down in January of last year.
Home Flipping Soars, Led by Nevada
The markets with the largest percentage of home flippers are Nevada and Florida, each damaged deeply by the busting of the housing bubble. They are followed by Alabama, Arizona and Tennessee.
Maryland, Connecticut, Florida Top States for December Distressed Home Sales
U.S. sales of distressed homes totaled more than 10% of all homes sold in December of 2015, according to CoreLogic.
Mortgage Loan Rates Slip as Applications Fall Again
The latest Mortgage Bankers Association report on mortgage applications noted a week-over-week decrease in the group's seasonally adjusted composite index for the week ending February 26.
San Francisco Has America’s Most Expensive Rents
Home prices in the Bay Area from San Jose to San Francisco are the highest in the country, according to Apartment List.
January Home Prices Rise Most in Washington, Colorado, Oregon
Home prices in the United States rose for the 47th consecutive month in January, according to CoreLogic.
January Pending Home Sales Slump 2.5%
The National Association of Realtors pending home sales index declined by more than 2% in January.
San Francisco Tops List of Hottest Real Estate Markets
San Francisco has topped Realtor.com's "The 20 Hottest U.S. Real Estate Markets in February 2016."