September Housing Starts Well Below Expectations
U.S. housing starts declined month over month in September but remain nearly 4% higher than a year ago. New permits issued remain roughly flat with year-ago totals.
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Mortgage Applications Tumble as Interest Rates Continue Climbing
The Mortgage Bankers Association reported Wednesday that applications for new mortgages dropped about 7% last week. Rising interest rates are beginning to have an impact on home sales.
October Homebuilder Index Improves Slightly, but Headwinds Lurk for 2019
The National Association of Home Builders October housing market index rose by one point month over month. Demand remains strong, but rising costs and interest rates are causes for concern.
Buy A Minnesota Castle Priced At $3.6 Million
All sorts of odd houses are among the most searched properties each week. At the top of the list this past week is a castle in Denmark Township, MN with an asking price of…
Mortgage Applications Declining, Interest Rates Reach Multiyear Highs
New mortgage applications declined last as interest rates on new 30-year conforming loans rose to 5% for the first time since 2011.
Mortgage Delinquencies, Foreclosure Inventory Decline Further in July
Home mortgage delinquencies continue to decline as the strong U.S. economy pushes onward. The exceptions remain in areas hard hit by events like hurricanes and volcano eruptions.
10 US Cities With the Lowest Number of Homes for Sale
The U.S. inventory of homes for sale has been low and getting lower. Here are the 10 U.S. metro areas where the number of homes in the for-sale inventory are lowest.
Since the Housing Crisis, Foreclosed Homes Have Appreciated Most Rapidly
Homes that were foreclosed during the housing bust and recession that followed, have regained their value faster than other properties according to a report from Zillow.
Mortgage Applications Steady, Loan Rates Tick Higher
Applications for new mortgages did not change last week and mortgage rates made only modest moves. Those moves, however, took several types of mortgage loans to multi-year highs.
CoreLogic August Home Price Index Rises Least in Nearly 2 Years
August home prices rose at their slowest pace in nearly two years according to the latest report from CoreLogic. The year-over-year gain was 5.5%, well below the July increase of 6.2%.
August Pending Home Sales Extend Drop to 8 Months
Pending sales of existing homes fell again in August, the eighth straight month that pending sales have dropped.
Are Fears Overblown on Homebuilders’ Stocks?
Homebuilder stocks are getting beaten up Wednesday following another unwelcome earnings report. But there may be some hope for the sector, provided builders get a few breaks.
August New Home Sales Rise as Prices Moderate
New home sales in the U.S. in August rose month over month by more than expected, largely due to a downward revision in July sales. Homes sold in August were also less costly, and…
Mortgage Applications Rise Modestly, Loan Rates Sharply Higher
Mortgage loan rates increased slightly last week, and mortgage loan rates pushed higher as well. The Federal Reserve's expected rate increase later Wednesday will push rates even higher.
July Home Price Increases Continue Slowing
The S&P CoreLogic Case-Shiller national home price index rose 6% year over year in July, but that was lower than the month-over-month increase posted in June.