Housing

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Mortgage Rates Tick Up

ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning. It noted a decrease of 3.3% in the group’s seasonally adjusted composite index, following a rise of 4.3% for the…

Paul Ausick · 12 years ago

March Sales of Existing Homes Slip Again

ThinkstockThe National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in March fell 0.2% to 4.58 million from a total of 4.6 million in February. Sales are…

Paul Ausick · 12 years ago

The Most Expensive House in Detroit

In a city where the government recently decided to sell homes for as little as $1,000, there is only a single house for sale for more than $1 million. Its address is 97 Winder…

Douglas A. McIntyre · 12 years ago

Americans See Real Estate as Best Long-Term Investment

ThinkstockIn another sign that the housing crisis has ended and that home sales and home prices have recovered, people view real estate as the best long-term investment they can have. According to a new…

Douglas A. McIntyre · 12 years ago

New Housing Construction Jumps Nearly 3% in March

ThinkstockThe U.S. Census Bureau and the Department of Housing and Urban Development reported Wednesday morning that new housing starts in March rose to a seasonally adjusted annual rate of 946,000. That was an increase…

Paul Ausick · 12 years ago

Mortgage Rates Down, Applications Up Last Week

ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting an increase of 4.3% in the group’s seasonally adjusted composite index. That followed a drop of 1.6% for the…

Paul Ausick · 12 years ago

Ten Countries Racing to Buy American Homes

ThinkstockInternational homebuyers are attracted to the United States for a number of reasons. These include favorable housing prices, good weather, the country’s relative economic stability and an attraction to America in general. As the housing market…

247alex · 12 years ago

Rising Mortgage Rates Chill Refinancing

ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 1.6% in the group’s seasonally adjusted composite index. That followed a drop of 1.2% for the…

Paul Ausick · 12 years ago

Home Foreclosures Still Double Rate Before Housing Bust

ThinkstockIn the month of February, 43,000 U.S. home foreclosures were completed, down 13.1% month over month and down 15% from 51,000 in February 2013, according to research firm CoreLogic. While an improvement, the number…

Paul Ausick · 12 years ago

Refinancing Slides as Mortgage Rates Continue to Rise

ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 1.2% in the group’s seasonally adjusted composite index. That followed a drop of 3.5% for the…

Paul Ausick · 12 years ago

Five States With New Highs in Home Prices

ThinkstockCompared with 2013, home prices rose 12.2% in February, marking a 24th consecutive month of year-over-year gains, according to research firm CoreLogic. Home prices in four states — Colorado, Nebraska, North Dakota and Texas…

Paul Ausick · 12 years ago

Pending Home Sales at 30-Month Low

ThinkstockThe National Association of Realtors (NAR) Thursday morning released its data on pending sales of existing homes in February. The pending home sales index fell 0.8% from a downwardly revised index reading of 94.7…

Paul Ausick · 12 years ago

Refinancing Tumbles as Mortgage Rates Start Rising

ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 3.5% in the group’s seasonally adjusted composite index. That followed a rise of 0.2% for the…

Paul Ausick · 12 years ago

Five States Where Renters Can’t Afford to Live

ThinkstockWith the collapse of the housing market, the argument about renting versus buying a home was reset. Home prices suddenly plunged. For people who kept their jobs through the Great Recession, houses in some…

Douglas A. McIntyre · 12 years ago