Menu
Construction and real estate
Homebuilders' Confidence Strongest in More Than 7 Years
Rate on 30-Year Mortgage Falls to 4.37%
Home Sales Slow in June
Sales of New Homes Rise to 5-Year High as Prices Soar
Average Rate on 30-Year Mortgage Slips to 4.31%
Renters Now Able to Afford More, Report Says
Today's Housing Market Making It Extra Tough on First-Time Homebuyers
Pending Sales of U.S. Homes Slip From 6-Year High
Home Prices Heat Up in May as Pace of Gains Cools
Demand for Mortgages Falls as Rates Remain Unchanged
Mortgage Rates Tick Up, Despite Fed Assurances on Stimulus
Good News for Homeowners: Fewer Foreclosures in June
Improving Market Pushes Home Prices Higher in June
Mortgage Rates Could Rise Should Fannie, Freddie Shut Down
Towns Where Housing Markets Are Turning Around
Freddie Mac 2Q Earnings Surge as Housing Market Improves
Homebuyers Get a Break as Mortgage Rates Edge Down
Tech Rebound Lifts Silicon Valley Home Prices to New Heights
Home Foreclosures on Track to End 2013 at 6-Year Low
Homebuyers in Luck as Mortgage Rates Remain Steady
Housing Recovery's Next Hot Spots
House of the Week: Los Angeles’ Petal House
Former Maroon 5 Drummer Ryan Dusick Buys Tarzana Home
Versace Mansion Goes to Bankruptcy Auction
Homebuilders' Confidence Strongest in More Than 7 Years
NEW YORK - U.S. homebuilder confidence rose in July to its strongest level in 7½ years as tightening supply and solid demand even in the face of rising mortgage rates fueled the sector's recovery, data from the National Association of Home Builders released Tuesday showed. The NAHB/Wells Fargo Housing Market index rose to 57, its highest level since January 2006, from a revised 51 in June.
Rate on 30-Year Mortgage Falls to 4.37%
WASHINGTON - Average rates on U.S. fixed mortgages declined this week as concern waned in the financial markets over the Federal Reserve's possible slowing of its bond purchases this year. Mortgage buyer Freddie Mac said Thursday the average on the 30-year loan slipped to 4.37 percent. That's down from 4.51 percent last week but is still near the highest level in nearly two years.
Home Sales Slow in June
The National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in June fell 1.2% to 5.08 million from a downwardly revised total of 5.14 million in May. Sales are up 15.2% year-over-year for the month. The consensus estimate called for sales to reach 5.27 million. Housing inventory rose again in June, up 1.9% to 2.19 million homes, which is equal to a supply of 5.2 months, compared with a five-month supply in May. Listed inventory is down 7.6% year-over-year, when there was a 6.4 month supply available.
Sales of New Homes Rise to 5-Year High as Prices Soar
WASHINGTON - Sales of new U.S. single-family homes vaulted to a five-year high in June, showing little signs of slowing in the face of higher mortgage rates. The Commerce Department said Wednesday sales increased 8.3 percent to a seasonally adjusted annual rate of 497,000 units, the highest level since May 2008.
Average Rate on 30-Year Mortgage Slips to 4.31%
WASHINGTON - Average rates on U.S. fixed mortgages fell for the second straight week, a welcome sign for homebuyers hoping to lock in lower rates that had spiked earlier this month. Mortgage buyer Freddie Mac said Thursday that the average on the 30-year loan fell to 4.31 percent. That's down from 4.37 percent last week but nearly a full percentage point higher than in early May. The rate reached a two-year high of 4.51 percent two weeks ago.
Renters Now Able to Afford More, Report Says
CoreLogic recently released its Rental Applicant Risk report for the first quarter of 2013, and it looks promising for consumers on the hunt for a place to rent this year. The report provides market-based research intended to shed some light on the housing market specifically for renters. Their Renter Applicant Risk index evaluates applicants' credit quality and their risk of default, and the RAR index for the first quarter of 2013 is at a healthy 104, up 2 points from last year and up from 99 at this time in 2011.
Today's Housing Market Making It Extra Tough on First-Time Homebuyers
If you're a first-time homebuyer in today's market, experts have a brief message for you: good luck. Traditionally, first-time homebuyers tend to be couples, in their mid- to early 30s with an established career and adequate savings to make the big purchase. But some of the faces making up this group now are a little older than in the past.
Pending Sales of U.S. Homes Slip From 6-Year High
WASHINGTON (AP) - The number of Americans who signed contracts to buy homes dipped in June from a six-year high in May, a sign that sales could stabilize over the next few months. The National Association of Realtors said Monday that its seasonally adjusted index for pending home sales ticked down 0.4 percent to 110.9 in June. The May reading was revised lower by a percentage point to 111.3, but it was still the highest since December 2006.
Home Prices Heat Up in May as Pace of Gains Cools
NEW YORK - U.S. single-family home prices rose in May, suggesting the housing market recovery continued during the spring buying season though the pace of gains cooled compared to the month before, a closely watched survey showed on Tuesday. The S&P/Case Shiller composite index of 20 metropolitan areas gained 1 percent on a seasonally adjusted basis, shy of economists' forecast for a 1.5 percent increase. That marked a slower pace than April's 1.7 percent rise.
Demand for Mortgages Falls as Rates Remain Unchanged
Applications for U.S. home mortgages decreased last week with potential buyers shying away from the market as rates held steady just below their two-year highs. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, declined 3.7 percent in the week ended July 26. It was the seventh week in a row the index has been lower.
Mortgage Rates Tick Up, Despite Fed Assurances on Stimulus
WASHINGTON - Average rates on U.S. fixed mortgages ticked up this week but are still low by historical standards, a trend that has helped the housing market recover. Mortgage buyer Freddie Mac said Thursday that the average on the 30-year loan rose to 4.39 percent from 4.31 percent last week. Rates are a full percentage point higher than in early May.
Shakira’s Miami Home for Sale
Update: $2M Price Jump on Ellen & Portia’s Thousand Oaks Ranch
House of the Week: Babe Ruth’s ‘Home Plate Farm’ in Sudbury, MA
Pamela Anderson’s Malibu Home Returns to the Rental Market
Investing in Real Estate With Cash? Why You Might Want to Reconsider
Steve McQueen’s Former Idaho Ranch for Sale
Is Homeownership Still the American Dream?
5 August ‘Must Do’ Projects From Bob Vila
For Rent: ‘Superbad’ Producer Evan Goldberg’s Home
Mark Hoppus Renting Out Beverly Hills Home While Living in London
Luxury Meets Sustainability in Seattle’s First Certified ‘Passive House’ Zillow
‘Workaholics’ Star Blake Anderson Buys Rob Dyrdek’s Hollywood Hills Home
For Sale: ‘Jeopardy!’ Host Alex Trebek’s Former Home
Flip the Switch on Better Kitchen Lighting
For Sale: Bel-Air Home Leased by Latin Music Star Luis Miguel
Oh Yeah. Iconic ‘Ferris Bueller’ Home Back on the Market
House of the Week: DC Mansion Occupied by President Calvin Coolidge
Dallas Cowboys’ Orlando Scandrick Lists Hollywood Hills Home
Live Like a QB: Kurt Warner’s Former Home for Rent
Steven Hilton Relists Malibu Home for $2.695 Million
Robert Redford’s Former Malibu Home Hits the Market for $15 Million
Celebrity Hairstylist Sally Hershberger’s Beverly Hills Home for Sale
Buy Taylor Swift’s Childhood Home in PA for $799,500
Choosing the Best Refrigerator for Your Home
House of the Week: Nabisco Ovens Turned Penthouse
‘Star Trek’ Commander and ‘General Hospital’ Star Buy in Woodland Hills
No Painting Allowed! 6 Tricks for Adding Color When Living With White Walls
Turnkey mansion for sale, Bentley and toilet brushes included
Menu
‘Sons of Anarchy’ Star Buys Woodland Hills Home
What Really Influences Your Credit Score?
Why This May Not Be the Best Time to Buy a Home … For You
Country Star Ronnie Dunn Buys in Nashville
Sold: Goldie Hawn & Kurt Russell’s Malibu Home
David Spade’s Malibu Home Sells for $10.225 Million
Shoe Designer Vince Camuto Lists Historic Hamptons Estate
‘Flipping Out’ Designer Jeff Lewis Lists Los Feliz Home
Michael Jackson Producer Brian Malouf Lists Sherman Oaks Home
Most Expensive House in Orange County Hits Market at $65 Million
Richard Gere Lists $65 Million Hamptons Estate
Ryan Reynolds Relists Hollywood Hills Home
Malcolm Forbes’ NJ Estate Listed for $3.4 Million
‘Without a Trace’ Star Enrique Murciano Sells Home
Tennis Great John McEnroe Buys Another Malibu Home
Producer Antonio ‘L.A.’ Reid Lists Hamptons Estate for $18.9 Million
House of the Week: Former Jail Turned Residence for Sale
Housing by the Numbers
Report: Miami Heat’s Shane Battier Buys Coral Gables Home for $3.2 Million
Chicago Property Once Part of Original Playboy Mansion for Sale
How to Fix a Running Toilet
Home of Michael Clarke Duncan Listed for $1.299 Million
What Is a Home Warranty, and Do You Need One?
Linkin Park’s Joe Hahn Relists Brentwood Home