Housing Starts Rise Sharply in November
The U.S. Census Bureau and the Department of Housing and Urban Development reported Tuesday morning that new housing starts in November jumped more than expected.
The U.S. Census Bureau and the Department of Housing and Urban Development reported Tuesday morning that new housing starts in November jumped more than expected.
The Mortgage Bankers Association's report on mortgage applications It noted a week-over-week decrease of about 1% in the group's seasonally adjusted composite index for the week ending December 11.
The National Association of Home Builders/Wells Fargo housing market index for December decreased by one point from November.
At the end of the third quarter, the states with the highest percentage of homes with negative equity included Nevada, Florida and Arizona.
The Mortgage Bankers Association noted a week-over-week increase in the group's seasonally adjusted composite index for the week ending December 4.
In October, 37,000 U.S. home foreclosures were completed, down more than 12% month over month.
Housing prices have risen by around 6% over the past 12 months and, barring any major economic downturn, demand for housing should support additional growth in home prices next year.
The U.S. mortgage market is huge — more than $5 trillion — and two of the major players are government-sponsored entities Fannie Mae and Freddie Mac.
San Francisco was the hottest U.S. real estate market in November, based on housing supply and demand.
Hovnanian Enterprises reported mixed fourth-quarter fiscal 2015 results before markets opened Friday morning.
U.S. sales of distressed homes totaled more than 9% of all homes sold in September of this year, according to data posted Wednesday by CoreLogic.
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 November 27.
Home prices in the United States rose for the 44th consecutive month in October. Compared with October of 2014, home prices rose 6.8%, including the sales of distressed properties. The year-over-year September increase was…
The National Association of Realtors (NAR) Monday morning released its data on pending sales of existing homes for October.
U.S. Census Bureau and the Department of Housing and Urban Development reported that sales of new homes in October rose to 495,000, an increase of 10.7% from September.