Housing

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Mortgage Applications Slide on Rising Interest Rates

ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications this morning, noting a decrease of 4.7% in the group’s seasonally adjusted composite index following a rise of 14.8% for the previous…

Paul Ausick · 13 years ago

Online Real Estate Firms Jockey for Position (TRLA, Z, MOVE)

ThinkstockReal estate information service Trulia Inc. (NYSE: TRLA) today filed an amended Form S-1 with the Securities and Exchange Commission to sell 5.25 million shares in a secondary offering. The company plans to offer…

Paul Ausick · 13 years ago

A Rare Upgrade of MGIC — Simply Magic

ThinkstockMGIC Investment Corp. (NYSE: MTG) recovered handily this week, but profit taking and a dilutive $1.1 billion capital raise have put the brakes on in this troubled turnaround. So it is rather interesting to…

Jon C. Ogg · 14 years ago

Mortgage Applications Turn Higher, Rates Fall Too

ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications this morning, noting an increase of 14.8% in the group’s seasonally adjusted composite index, following a drop of 3.8% for the previous…

Paul Ausick · 14 years ago

Cramer and Analysts Further Talk Up Radian and MGIC

ThinkstockRadian Group Inc. (NYSE: RDN) has been on fire and shares are ticking up yet again on Tuesday. It has risen for eight consecutive trading days, and if Tuesday’s preliminary gains can hold then it…

Jon C. Ogg · 14 years ago

Home Prices Jump in January — CoreLogic

ThinkstockHome prices rose 9.7% in January, compared with the same month a year ago. That was the largest monthly increase since April 2006, according to research firm CoreLogic (NYSE: CLGX). The firm had previously…

Paul Ausick · 14 years ago

Construction Spending Drops in January

ThinkstockThe U.S. Census Bureau reported this morning that construction spending in January fell by 2.1% to an estimated seasonally adjusted annual rate of $883.3 billion from a revised estimate of $902.6 billion in December.…

Paul Ausick · 14 years ago

A Sharp Improvement in Foreclosures, but Not Everyhwere

ThinkstockThe rate of home foreclosures improved considerably in 2012. Enough, in fact, that the data confirms that the housing markets have begun a sharp recovery. However, taken in the context of which states have…

Douglas A. McIntyre · 14 years ago

American Homes 4 Rent Wants An IPO… Buffett Tracker?

ThinkstockA company called American Homes 4 Rent has issued a press release signaling that it intends to come public via an initial public offering. The company said that it plans to submit a registration…

Jon C. Ogg · 14 years ago

January Pending Home Sales Near Two-Year High

ThinkstockThe National Association of Realtors (NAR) this morning released its data on pending home sales in January. The index rose 4.5% from a downwardly revised 101.3 in December to 105.9, and it is 9.5%…

Paul Ausick · 14 years ago

Another Slide in Mortgage Applications

ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications this morning, noting a decrease of 3.8% in the group’s seasonally adjusted composite index, following a drop of 1.7% for the previous…

Paul Ausick · 14 years ago

Housing Markets With Double-Digit Growth

ThinkstockNearly every important set of data from the government and private sector analysts shows that the housing market has begun to recover. The housing recovery picked up steam in recent months. Home sales jumped…

Douglas A. McIntyre · 14 years ago

New Home Sales Rise Sharply in January, Inventory Slides

ThinkstockThe U.S. Census Bureau this morning released data on new single-family home sales for January. Sales rose 15.6% month-over-month, to a seasonally adjusted annual rate of 437,000, from a revised December sales figure of…

Paul Ausick · 14 years ago