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Pending Home Sales Post First Gain in Nine Months

ThinkstockThe National Association of Realtors (NAR) Monday morning released its data on pending sales of existing homes in March. The pending home sales index rose 3.4% from an upwardly revised index reading of 94.2…

Paul Ausick · 12 years ago

Absolute Sticker Shock for New Home Prices

ThinkstockAfter the U.S. Census Bureau released data on new single-family home sales for March Wednesday morning, the big shocker was that new home sales fell by a whopping 14.5% to a seasonally adjusted annual…

Jon C. Ogg · 12 years ago

March New Homes Sales Collapse

ThinkstockThe U.S. Census Bureau Wednesday morning released data on new single-family home sales for March. Sales fell 14.5% month-over-month to a seasonally adjusted annual rate of 384,000 from an upwardly revised February sales figure…

Paul Ausick · 12 years ago

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