April Home Price Increases Remain Moderate
Home prices in April rose 3.6% year over year, according to the latest report from CoreLogic. Home prices have regained 60% of the value they lost since the housing market bottomed out in 2011.
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April Pending Home Sales Worse Than Expected
Pending home sales (contracts signed, but not yet closed) fell in April, continuing a consecutive 16-month year-over-year decline. It's a poor kick-off to the year's prime home-buying season.
Lower Mortgage Loan Rates Fail to Attract Homeowners and Buyers
Applications for new mortgage loans fell last week even though mortgage loan rates also dropped.
This Southern City Has the Most Homeless Students in America
A surprising number of the homeless in America are full-time students, mostly under the age of 18, forced to balance the difficulties of daily existence on the streets with the challenges of schoolwork and…
Home Price Increases at 7-Year Low
U.S. home prices are rising at the slowest rate in nearly 7 years according to the S&P CoreLogic Case-Shiller index. Even so, the increase in home prices continues to rise faster than inflation.
April New Home Sales Drop Sharply
New home sales dropped sharply month over month in April, but remain well above April 2018 levels.
Lower Mortgage Loan Rates Boost Refinancing Applications
Mortgage loan rates mostly fell slightly or remained unchanged last week. The lower rates drove a surge in home refinancings.
Sales of Existing Homes Fall Well Short of Estimates
Sales of existing homes dipped slightly month over month in April and remain down more than 4% year over year.
Why the Housing Market Should Remain Firm in 2019
Freddie Mac forecasts a steadily growing housing market in the United States and is signaling that some of the biggest problem mortgages that helped add fuel to the fire of the Great Recession remain…
Lower Interest Rates Failed to Raise New Mortgage Applications Last Week
Mortgage loan interest rates dropped across the board last week, but so did applications for new mortgages. Refinancing applications remain well below 40% of all new loan applications.
Foreclosure Rates Drop to Record 20-Year Lows
The mortgage loan delinquency rate fell by nearly a full percentage point year over year in February. Mortgage loan rates have also dipped sharply over the past week, and CoreLogic executives see a good…
Does Anybody Still Want to Live in Trump Tower?
One of the most famous buildings in New York City, thanks to its namesake, and once considered among the city’s premium residential and office high-rises, Trump Tower has become what Bloomberg describes as “one…
Lower Interest Rates Make Mixed Moves, New Mortgage Applications Increase
Applications for new mortgage loans rose last week as interest rates for both conventional and jumbo 30-year loans dipped.
March Home Price Index Increases Continue Slowing
U.S. home prices rose again in March, but at a slower pace than in February or January. Since the March 2011 trough, CoreLogic's home price index has increased by 59%.
Home Prices Rising More Slowly Than in Past 6 Years
Home price increases continue, but they are growing more slowly than they have been in more than six years. Can a buyers' market be far behind?