ThinkstockMore than half of Americans do not believe the country’s housing crisis is over, according to new research sponsored by the MacArthur Foundation. Nearly 20% believe that the worst is yet to come. These…
ThinkstockHome prices rose 10.2% in February, compared with the same month a year ago. That was the largest monthly increase since March 2006, according to research firm CoreLogic Inc. (NYSE: CLGX). The firm had…
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications this morning, noting a decrease of 4% in the group’s seasonally adjusted composite index, following a rise of 7.7% for the previous…
ThinkstockVacation home sales took off last year. This could either be a sign of a new housing bubble, or just a show of confidence that the economy has improved, people have less debt and…
ThinkstockIf you were as actively monitoring the financial giants as we were during the financial meltdown, you know all about the woes of Fannie Mae (FNMA). So when news came out this morning that…
ThinkstockThe housing market is showing signs of significant recovery. In January, home prices rose 8.1% from the year before — the most since the recession, according to the S&P/Case-Shiller home price composite index. Similarly,…
ThinkstockThe U.S. Census Bureau reported this morning that construction spending in February rose by 1.2% to an estimated seasonally adjusted annual rate of $885.1 billion from a downwardly revised estimate of $874.8 billion in…
ThinkstockIn the month of February, 54,000 U.S. homes were foreclosed, less than a revised total of 58,000 in January and down from 67,000 in February 2012, according to research firm CoreLogic Inc. (NYSE: CLGX).…
ThinkstockRealtyTrac, a leader in home foreclosure data, reported that the inventory of homes in foreclosure rose 9% year-over-year in the first quarter of this year to 1.5 million homes. In its Foreclosure Inventory Analysis, it reported…
ThinkstockThe U.S. Office of the Comptroller of the Currency (OCC) released its 2012 fourth-quarter mortgage metrics report this morning, outlining the performance of $4.7 trillion in principal mortgage balances. The OCC has been compiling…
ThinkstockThe National Association of Realtors (NAR) this morning released its data on pending home sales in February. The index fell 0.4% from a downwardly revised 105.2 in January to 104.8, and it is 8.4%…
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications this morning, noting an increase of 7.7% in the group’s seasonally adjusted composite index, following a drop of 7.1% for the previous…
Flickr, Images of MoneyThe housing data keeps rolling in stronger and stronger for the U.S. economy. What is at issue is whether investors should keep paying up and up for housing stocks. Rather than…
ThinkstockThe U.S. Census Bureau this morning released data on new single-family home sales for February. Sales fell 4.6% month-over-month to a seasonally adjusted annual rate of 411,000, from an upwardly revised January sales figure…
ThinkstockThe S&P/Case-Shiller home price index for January was higher for the 10th consecutive month. The 20-city composite rose 8.1% year-over-year, slightly below the consensus estimate for a gain of 8.2%, but above the December…