January Home Prices Maintain Rapid Climb
The Case-Shiller national house price index for January jumped 6.2% and home prices in all but one of the 20-city index rose month over month.
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RBC Says 4 Top Homebuilders Could Also Be Takeover Targets Now
While there is absolutely no guarantee that these homebuilders will be acquired, they all are outstanding stocks on their own for aggressive growth portfolios.
A Look at the Market for First-Time Homebuyers
First-time homebuyers face a triple whammy of rising home prices, rising interest rates, and low inventory of starter homes.
More Evidence That Home Prices Will Continue to Outpace Inflation in 2018 and 2019
Rising home prices are a good thing in general. The problem is that as housing prices rise, most incomes are not rising enough to keep up with the price increases.
February Existing Home Sales Bounce 3%
The National Association of Realtors announced Wednesday that February sales of existing homes rose 3% after falling in the two prior months. Sales were strongest in the South and West.
Mortgage Loan Rates Tick Lower, Applications Slightly Higher
Mortgage loan rates made small moves over the past week according to the Mortgage Bankers Association. Applications rose, but refinancings fell to their lowest level in more than nine years.
Most Expensive Home on Market in US? $110 Million
A mansion for sale in one of the priciest parts of the U.S. is on the market for $110 million. A buyer gets 10 bedrooms, 12 baths, and a sprawling estate on over 13 acres.…
When Is Home Equity Debt Deductible?
Americans have been whipsawed as the new tax code begins to come into effect. Are state and local taxes deductible? How about mortgages? Money left in wills? The taxation of small businesses? One of…
10 Best, Most Affordable Beach Towns in the World
Looking for a beach to move to? Not an unusual thought about this time every year. Here's a list of the 10 best and most affordable of the world's beach towns.
How the US Housing Market Recovered $16 Trillion
Last year U.S. home prices reached parity with home prices at the previous market peak posted in 2006. But the recovery has been unequal and some states still lag well behind.
Mortgage Loan Rates Tick Up, Applications Remain Flat
Applications for new mortgages remained essentially flat last week and mortgage interest rates did the same. Rates remain right around year-to-date highs however.
CoreLogic January Home Price Index Posts Another Big Jump
CoreLogic's home price index for January rose more than 6% year over year in January. The recent steep price hikes continue to make it difficult for first-time buyers who want to enter the market.
Value of Homes in Areas With High Environmental Risk Hits $3.4 Trillion
The total value of homes in areas which have high environmental risk reached $3.4 trillion last year. This includes risk for four environmental hazards: superfund sites, brownfields, polluters and poor air quality. The data are…
January Pending Home Sales Plunge
Pending home sales plunged by nearly 5% month over month in January, according to the National Association of Realtors. The group has also lowered its estimate of full-year sales and raised its estimated median…
Mortgage Loan Rates on the Move, Applications Rise
Applications for new mortgages rose last week. Rates for 30-year conforming and jumbo loans both rose during the week.