Housing

All Housing Articles

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New Housing Starts Fall Further in June

ThinkstockThe U.S. Census Bureau and the Department of Housing and Urban Development reported Thursday morning that new housing starts in June slipped to a seasonally adjusted annual rate of 893,000, a decrease of 9.3%…

Paul Ausick · 12 years ago

Foreclosure Rates in Florida Remain Sky High

ThinkstockRealtyTrac’s monthly report on foreclosures nationwide has primarily good news. New foreclosures in June were at the lowest level since July 2006, since “before the housing price bubble burst.” The data were not nearly…

Douglas A. McIntyre · 12 years ago

Interest Rates Fall Sharply on Adjustable Rate Mortgages

ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 3.6% in the group’s seasonally adjusted composite index. That followed a rise of 1.9% for the…

Paul Ausick · 12 years ago

15 Cities at Greatest Risk From Storm Surges

More than 6.5 million homes along East and Gulf Coasts are at risk of inundation from a storm surge, with a potential $1.5 trillion rebuilding cost. New York City faces the most potential property…

Paul Ausick · 12 years ago

Mortgage Interest Rates Up Slightly in Holiday Week

ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting an increase of 1.9% in the group’s seasonally adjusted composite index. That followed a drop of 0.2% for the…

Paul Ausick · 12 years ago

States With the Highest Foreclosure Rates in May

ThinkstockIn the month of May, 47,000 U.S. home foreclosures were completed, up 3.8% month over month but down 9.4% from 52,000 in May 2013, according to research firm CoreLogic. While an improvement, the number…

Paul Ausick · 12 years ago

Mortgage Interest Rates Continue to Decline

ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 0.2% in the group’s seasonally adjusted composite index. That followed a drop of 1% for the…

Paul Ausick · 12 years ago

Housing Spending Rose in Q1 to 17.6% of Total GDP

ThinkstockThe sequential 2.9% decline in U.S. gross domestic product (GDP) in the first quarter of 2014 was lower than expected and the largest drop since the first quarter of 2009. There was at least…

Paul Ausick · 12 years ago

Higher Selling Prices Drive KB Home Earnings

KB Home reported better-than-expected second-quarter 2014 results before markets opened Friday morning. Average selling prices and gross margin where both higher.

Paul Ausick · 12 years ago

IPO Filing for Woodside Homes: Adventures in Homebuilding

ThinkstockBefore you write off housing again, what does it tell you if there is another filing for an initial public offering in the housing sector? A company named Woodside Homes Inc. has filed for an…

Jon C. Ogg · 12 years ago

Lower Mortgage Interest Rates Slow Drop in Applications

ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 1% in the group’s seasonally adjusted composite index. That followed a drop of 9.2% for the…

Paul Ausick · 12 years ago

Detroit Housing Market Still Dead

A look at new Case-Shiller home price data for April might lead people to believe Detroit's housing market has made a miracle comeback. Nothing could be further from the truth.

Douglas A. McIntyre · 12 years ago