Housing

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January Sales of Existing Homes at 18-Month Low

ThinkstockThe National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in January fell 5.1% to 4.62 million from a total of 4.87 million in December. Sales are…

Paul Ausick · 13 years ago

America’s Most Affordable Housing Markets

The most recent National Association of Home Builders/Wells Fargo Housing Opportunity Index listed the most affordable U.S. housing markets. Many of them would seem to be attractive, if they were not so economically broken.

Douglas A. McIntyre · 13 years ago

New Housing Starts Tank in January

ThinkstockThe U.S. Census Bureau and the Department of Housing and Urban Development reported Wednesday morning that new housing starts in January rose to a seasonally adjusted annual rate of 880,000. That was a decrease…

Paul Ausick · 13 years ago

Mortgage Loan Rates Rose Last Week

ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 4.1% in the group’s seasonally adjusted composite index. That followed a drop of 2% for the…

Paul Ausick · 13 years ago

Homebuilder Confidence Collapses in February

ThinkstockThe National Association of Home Builders (NAHB)/Wells Fargo housing market index for February fell 10 points to 46 from a reading of 56 in January. The reading was far below a consensus forecast of…

Paul Ausick · 13 years ago

Most U.S. Cities See Home Price Increases

While the price gulf between the most and least expensive markets remains tremendous, at least many of the national markets have improving home prices, according to latest data from the National Association of Realtors.

Douglas A. McIntyre · 13 years ago

Why Control4 Shares Could Still Double

ThinkstockControl4 Corp. (NASDAQ: CTRL) surged after the company’s fourth-quarter earnings report. This is a home automation player with wider ambitions than just your new home. While the stock gained visibility after Google’s $3.2 billion…

Jon C. Ogg · 13 years ago

Mortgage Delinquencies Drop to Five-Year Lows

ThinkstockIn another sign that the financial situation of many Americans has improved, and perhaps that fewer mortgages are underwater, mortgage delinquencies fell to levels last seen in 2008, the period when the housing bubble…

Douglas A. McIntyre · 13 years ago

Mortgage Loan Rates Slide Lower, Applications Rise

ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting an increase of 0.4% in the group’s seasonally adjusted composite, index following a drop of 0.2% for the previous…

Paul Ausick · 13 years ago

The Six Best States to Flip a House

ThinkstockIn 2013, investors bought more than 156,000 homes, only to fix them up and quickly resell them for an average profit of $58,081. Home flipping became increasingly popular as the housing market began to…

Thomas Frohlich · 13 years ago

There’s Good News in the Foreclosure Numbers

ThinkstockHome foreclosures are still high, but they’re falling and falling fast. That’s potentially good news for the economy. Real estate research firm CoreLogic reported on Wednesday that a total  of 45,000 homes were foreclosed…

cgblaine22 · 13 years ago

Mortgage Loan Rates Dip as Home Sales Stabilize

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, following a rise of 4.7% for the previous…

Paul Ausick · 13 years ago

Case-Shiller: November Home Prices Remain Hot

ThinkstockThe S&P/Case-Shiller home price index for November showed another month of solid gains. The 20-city composite rose 13.7% year-over-year, equal to the consensus estimate for the month. The 10-city index rose 13.8% year-over-year in…

Paul Ausick · 13 years ago