June Home Prices Continue Steep Rise: Case-Shiller
Home prices continued climbing in June according to the latest S&P CoreLogic Case-Shiller index. U.S. home prices posted a year-over-year gain of 5.8% in June.
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Pay Your Mortgage Fast With These 4 Strategies
Here are four strategies to consider if you want to pay off your mortgage more quickly and save thousands of dollars in interest payments.
July Existing Home Sales, Available Inventory Tumble
Sales of existing home dropped but remain slightly ahead of last year's pace. The amount of housing available for sale also declined month over month and year over year in July.
Where Americans Are Buying Houses
Home sales are strong in cities where unemployment is low and the percentage of income needed to buy a house is lower. Here are 10 U.S. cities that are the most affordable.
New Home Sales Tumble in July
Sales of new homes fell by more than 9% month over month in July according to the latest report from the Census Bureau and the Department of Housing and Urban Development. Sales dropped nearly…
Mortgage Loan Rates Moving Sideways, Application Numbers Slip
Applications for new mortgage loans dipped slightly last week even as mortgage rates mostly moved sideways.
After a Strong IPO, Analysts Suggest Redfin May Be Fully Valued
Redfin's quiet period has come to an end and analysts who work at the underwriting syndicate firms have been freed up to initiate coverage official ratings.
Why Toll Brothers Earnings Are Taking the Stock Down
Homebuilder Toll Brothers beat profit estimates this morning, but revenues were a little short and full-year guidance was cut at the top-end.
How Much Difference Does Education Make in Homeownership Rates?
Education level has a significant impact on a person's income and likelihood of homeownership. That's not news, but here are some data that show just how big a difference education can make.
Detroit’s Recovery Leaves A Lot Of People Behind
The organization Detroit Future City recently published an analysis of the Detroit’s recovery. The report is entitled “139 Square Miles”. The authors were less optimistic in their assessment of Detroit’s recovery than many local…
7 Tips to Getting the Best Deal on a New Home
Getting the best deal on a new home involves more than just making a lowball offer and hoping for the best. Here are some tips that can help you save money and get the…
Eminem’s Michigan Mansion Hits Market for $2 Million
The Detroit-area home of rapper Eminem is for sale for about $2 million. The home is huge, but he may never have lived in it.
Number of Americans With Equity-Rich Homes Rises, With San Jose, San Francisco and LA at Top
The number of houses considered equity rich are most concentrated among California's big cities. Many of these areas have been booming because of the strength of the tech industry.
July Housing Starts Tumble, but Single-Family Starts Surge
Total housing starts declined in July, countering expectations for further growth. One bright spot, however, came in new construction on single-family homes, up more than 10% year over year.
Mortgage Loan Rates Ticked Lower Again, Applications Post Tiny Gain
Mortgage loan rates fell slightly last week, and applications for new loans ticked up. Loan refinancings rose to a multi-month high.