ThinkstockThe real estate recovery has been extremely uneven. In some markets, prices have risen by well into the double digits. However, many of these markets are in areas such as Nevada, California and Florida,…
ThinkstockThe U.S. Census Bureau Tuesday morning released data on new single-family home sales for February. Sales fell 3.3% month over month, to a seasonally adjusted annual rate of 440,000 from a downwardly revised January…
ThinkstockThe National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in February fell 0.4% to 4.6 million from a total of 4.62 million in January. Sales also…
Shares of KB Home surged Wednesday after the homebuilder reported first-quarter fiscal 2014 results before markets opened. It posted its first quarterly profit for the period since 2007, due to higher average selling prices.
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 2.1% for the…
ThinkstockThe U.S. Census Bureau and the Department of Housing and Urban Development reported Wednesday morning that new housing starts in February slipped to a seasonally adjusted annual rate of 907,000, a decrease of 0.2%…
ThinkstockForeclosure filings in the United States dropped 10% in February, compared with January, and 27% compared with February 2013, according to data releases Thursday by RealtyTrac. Florida, Maryland and Nevada posted the highest rates…
If interest rates stay relatively benign going into the traditional big spring and summer selling time, homebuilders could be looking forward to a strong second and third quarter. J.P. Morgan analysts have three stocks…
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning. It noted an increase of 9.4% in the group’s seasonally adjusted composite index, following a drop of 8.5% for the…
ThinkstockHome prices rose 12% in January, compared with the same month a year ago, for a 23rd consecutive monthly year-over-year gain, according to research firm CoreLogic. Home prices in Louisiana, Nebraska and Texas surpassed…
ThinkstockThe National Association of Realtors (NAR) Friday morning released its data on pending sales of existing homes in January. The pending home sales index rose a tiny 0.1% from an upwardly revised index reading…
ThinkstockIn the month of January, 48,000 U.S. home foreclosures were completed, down 11.8% month over month and down 19% from 59,000 in January 2013, according to research firm CoreLogic. While an improvement, the number…
ThinkstockThe U.S. Census Bureau Wednesday morning released data on new single-family home sales for January. Sales rose 9.6% month-over-month, to a seasonally adjusted annual rate of 468,000, from a revised December sales figure of…
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 8.5% in the group’s seasonally adjusted composite index. That followed a drop of 4.1% for the…
ThinkstockThe S&P/Case-Shiller home price index for December posted a month-over-month decline of 0.1% on the 20-city composite index. It was unchanged on the 10-city index. The 20-city composite rose 13.4% year-over-year, slightly higher than…