Maryland, Florida Top States for August Distressed Home Sales
The five states with the largest percentage of distressed sales in August were Maryland, Florida, Michigan, Connecticut and Illinois.
The five states with the largest percentage of distressed sales in August were Maryland, Florida, Michigan, Connecticut and Illinois.
The MBA report on mortgage applications showed that mortgage loan rates increased slightly again on all types of loans last week.
Home prices in the United States rose for the 43rd consecutive month in September, according to the CoreLogic Home Price Index.
According to Black Knight Financial Services, more mortgages were delinquent in September than in August.
The National Association of Realtors (NAR) Thursday morning released its data on pending sales of existing homes for September.
More than 12,000 mortgage applications filed in the second quarter of 2015 contained fraudulent information or serious misrepresentations, according to CoreLogic.
Housing data have been a bit schizophrenic in recent months, but understanding the reason behind the confusion will reveal that home-building stocks are actually good buys right now.
The latest MBA report on mortgage applications noted a week-over-week decrease of more than 3% in the group's seasonally adjusted composite index for the week ending October 23.
In all 20 U.S. cities included in the S&P/Case-Shiller home price index, August house prices increased year over year.
At the end of September, the number of new homes for sale totaled 225,000 and represented a supply of 5.8 months at the current sales rate.
Of the nation's 100 largest metropolitan areas, the five with the greatest percentage of cash home sales in July were all located in Florida.
The Federal Housing Finance Agency (FHFA) reported Thursday morning that U.S. home prices rose slightly in August.
The National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in September rose 4.7% to a seasonally adjusted annual rate of 5.55 million.
The latest MBA report on mortgage applications noted a week-over-week increase of almost 12% in the group's seasonally adjusted composite index.
The U.S. Census Bureau and the Department of Housing and Urban Development reported Tuesday morning that new housing starts in September rose.