Annual New Home Sales Rise 16% in 2013
The U.S. Census Bureau Monday morning released data on new single-family home sales for December, as well as the median sales price for new homes and the average sales price.
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Newest first · Page 142Cities Selling the Most Distressed Homes
ThinkstockLast December, 16.2% of all home sales involved distressed properties, according to a recent report. These homes were sold at an average discount of nearly 40% when compared to conventional, non-distressed homes. Housing data…
Analyst Calls All Clear for Homebuilders in 2014
A new report from Sterne Agee's Jay McCanless is very positive on several homebuilders. His focus is that inventory checks appear positive ahead of the 2014 spring selling season.
Mortgage Applications Continue Rise as Rates Fall
The Mortgage Bankers Association noted a 4.7% increase in mortgage applications, relative to a week ago. Refinancing also increased, and mortgage loan rates declined to their lowest level since November.
Homebuilder Confidence Levels Out in January
Following an unexpected jump last month, builder confidence has essentially leveled out, according to the NAHB. Many markets continue to improve, which bodes well for future home sales.
Foreclosure Filings Drop to 1.4 Million in 2013
ThinkstockForeclosure filings dropped back to 1.4 million on U.S. properties, the lowest level since 2007, which was before the Great Recession began. The figure was down 26% from 2012, and is another clear sign…
Post-Holiday Bump in Mortgage Applications as Rates Drop
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a increase of 11.9% in the group’s seasonally adjusted composite index. The previous week’s results included an adjustment for…
Number of Deeply Underwater Mortgages Drops in December
The RealtyTrac U.S. Home Equity & Underwater Report for December 2013 shows that the number of U.S. residential properties that were deeply underwater has decreased. But the news for homeowners was not uniformly good…
November Home Price Gains Barely Noticeable
Home prices rose 11.8% in November, compared with the same month a year ago, for a 21st consecutive monthly year-over-year gain, according to research firm CoreLogic.
Top Homebuilder Stocks to Buy as Sector Sees Continued Strength in 2014
The analysts at Deutsche Bank point out in a new research report, that while seasonal numbers have dropped, which is common in the winter, the future should be bright for the top homebuilders.
Detroit Has Many Homes Worth Less Than $10,000
In Detroit, the largest American city to enter bankruptcy, Realtor.com lists 515 homes for sale at between $5,000 and $10,000. Unfortunately for Detroit, no one wants to move into the neighborhoods with sub-$10,000 homes.
Mortgage Loan Rates on a Steady Climb
The Mortgage Bankers Association (MBA) weekly report on mortgage applications noted a decrease of 6.3% in the group's seasonally adjusted composite index.
November Sales of Existing Homes Fall Below Last Year’s Total
ThinkstockThe National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in November fell 4.3% to 4.9 million from a total of 5.12 million in October. Sales are…
New Housing Starts at Five-Year High, Building Permits Near Annual High
ThinkstockThe U.S. Census Bureau and the Department of Housing and Urban Development reported Wednesday morning that new housing starts in November rose to an annual seasonally adjusted rate of 1.09 million, an increase of…
Mortgage Loan Rates Continue to March Higher
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 5.5% in the group’s seasonally adjusted composite index following a rise of 1% for the previous…