FHFA Home Price Index Rises 0.6% in July
The Federal Housing Finance Agency reported Tuesday morning that U.S. home prices rose more in July than in June.
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Newest first · Page 118Detroit Home Price Average Lingers Below $40,000
Among all of the evidence that Detroit continues to suffer from both the effects of a smaller car industry and the Great Recession, the median home price in the city is $35,000.
August Sales of Existing Homes Dip, Even With Lower Prices
Existing home sales have increased on a year-over-year basis for 11 consecutive months and are now more than 6% higher than in August 2014.
Lennar Earnings Rise on Sales, Price Increase
Lennar reported better-than-expected third-quarter fiscal 2015 earnings before markets opened Monday morning.
Nevada, Maryland, Florida Still Have High Foreclose Rates
Foreclosure rates remain at extremely high levels in by states hardest hit by the collapse of the housing bubble.
1 in 5 People Make Purchase Offer Without Seeing House
If anyone needs proof that the real estate bubble is back, a new study shows that one in five people made offers on homes they have not seen.
Housing Starts Slow in August After July Estimates Revised Down
The U.S. Census Bureau and the Department of Housing and Urban Development reported Thursday morning that new housing starts in August rose less than expected.
Homebuilder Confidence Rises to Highest Level in Nearly 10 Years
The NAHB/Wells Fargo housing market index has remained above 50 since last July, following a sharp drop in the first half of 2014.
Mortgage Loan Rates Move Slightly as Applications Fall Sharply
Mortgage loan rate changes were mixed again last week according to the latest MBA report on mortgage applications.
5 States Account for 32% of Underwater Mortgages
Approximately 9 million mortgaged properties had positive equity below 20% at the end of the second quarter.
European Home Prices Recovering: ECB
The European Central Bank says that the recovery of housing prices in the eurozone has not been particularly robust so far, but prices are moving up across several of the region's members.
Florida, Michigan Top States for Distressed Home Sales
U.S. sales of distressed homes totaled more than 9% of all homes sold in June of this year, according to data from CoreLogic.
Mortgage Loan Rates Wobble, Waiting for the Fed
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 September 4.
July Foreclosure Inventory Highest in New Jersey, New York, Florida
In the month of July, 38,000 U.S. home foreclosures were completed, down more than 6% month over month, according to CoreLogic.
Detroit Continues To Sell $1,000 Homes
ThinkstockDetroit has had a program for some time to sell blighted homes for $1,000. The sales continue, with dozens of homes available at the Building Detroit website. As the city bulldozes tens of thousand…