ThinkstockThe National Association of Home Builders (NAHB)/Wells Fargo housing market index for December rose four points to 58 from a reading of 54 in November. The reading was higher than a forecast of 55…
ThinkstockOf nearly 49 million mortgaged properties in the United States at the end of the third quarter, there are 6.4 million where the mortgage amount is greater than the value of the property. These…
ThinkstockIf foreclosure rates are among the hearts of the real estate industry, then housing has gotten much stronger. Foreclosure starts hit a 95-month low in November. Overall foreclosure filings dropped 15% from October, the largest month-over-month…
ThinkstockThe first half of 2013 was very good for homebuilder stocks. The five largest builders (by market capitalization) hit their 52-week highs before mid-May, and it has been a gradual downhill slide since then.…
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting an increase of 1% in the group’s seasonally adjusted composite index, following a drop of 12.8% for the previous…
ThinkstockIn the month of October, 48,000 U.S. home foreclosures were completed, down 25.6% from a revised total of about 60,000 in September and down 30% from 68,000 in October 2012, according to research firm…
ThinkstockThe U.S. Census Bureau Wednesday morning released data on new single-family home sales for October. Sales rose 25.4% month over month, to a seasonally adjusted annual rate of 444,000, from a revised September sales…
The Mortgage Bankers Association released its weekly report on mortgage applications Wednesday morning, and it noted a decrease of 12.8% in the group's seasonally adjusted composite index.
ThinkstockHome prices rose 11% in October, compared with the same month a year ago, for a 20th consecutive monthly year-over-year gain, according to research firm CoreLogic Inc. (NYSE: CLGX). Home prices rose 0.2% from…
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 0.3% in the group’s seasonally adjusted composite index. That followed a drop of 2.3% for the…
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 2.3% in the group’s seasonally adjusted composite index, following a drop of 1.8% for the previous…
ThinkstockThe National Association of Home Builders (NAHB)/Wells Fargo housing market index for November was flat with a downwardly revised reading of 54 in October. The reading was lower than a forecast of 55 from…
Courtesy of the U.S. National Weather ServiceThe violent weather that hit the U.S. Midwest on Sunday has claimed six lives so far and left hundreds of thousands of people without electricity. Illinois took the…
ThinkstockThe recovery in the housing market has been a big story this year and the market for new homes could improve even more. according analysts at Sterne Agee. Homebuilders D. R. Horton Inc. (NYSE:…
ThinkstockRealtyTrac, the gold standard of research about foreclosures, reported more evidence that the real estate market continues the process of healing the tremendous damage done to it during the recession. The exception is in…