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Freddie Mac: Mortgage rates higher, 30-year fixed averages 3.59%
Mortgage rates have risen for the third week in a row, with Freddie Mac's survey of lenders pegging the average 30-year fixed-rate home loan at 3.59%, up from 3.51% last week. Fixed-rate 15-year mortgages -- popular during a recent boom in homeowners...
Tags: Federal Reserve, Labor Markets, Ben Bernanke, Mortgages, Freddie Mac
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New home sales climb in April
New home sales climbed strongly in April, an indication that a long-awaited building market comeback is strengthening. Sales of newly built, single-family homes rose 2.3% above the prior month and were 29% above the same period last year. New homes sold...
Tags: Services and Shopping, Inventories, Real Estate, House Building, Homes
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U.S. home sales rise in April
Sales of previously owned U.S. homes increased in April, hitting their highest level in nearly four years and signaling that the housing market continued its rebound last month. Home sales increased 0.6% from the prior month and were up 9.7% from...
Tags: Services and Shopping, Inventories, Real Estate, House Building, Homes
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March pending home sales hit highest level in nearly 3 years
WASHINGTON -- New contracts signed for home sales rose 1.5% last month to the highest level in nearly three years, though limited supply is causing the market to level off, the National Assn. of Realtors said Monday. The trade group's Pending Home Sales...
Tags: Personal Income
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New signs of life arise in Las Vegas
LAS VEGAS — For nearly five years, the steel-and-concrete skeleton of the abandoned resort project has taunted this city, a glaring reminder that casino operators here can't win every economic wager they place. The stalled Echelon project sits...
Tags: Services and Shopping, MGM Resorts International, Property, Research, Boyd Gaming Corporation
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Truck sales get a lift from housing rebound
Surging truck sales paved the way for one of the biggest auto sales months in nearly six years. That's a sign of the housing rebound making its way into new construction, as contractors buy new pickups. Growth in the vital housing and auto industries...
Tags: Services and Shopping, Pickup Trucks, Investments, Chrysler, Consumer Confidence
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Foreclosures decline nationwide to lowest level since 2007
Foreclosures nationwide continued to fall steadily last month, adding more momentum to the housing recovery. Completed foreclosures fell 19% year over year to 54,000, the lowest level since September 2007, according to real estate data provider CoreLogic....
Tags: Foreclosures, KB Home
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Pending home sales flat with low housing supply
New data show that new contracts signed for homes were flat in February — a sign inventory remains low in a competitive market. The National Assn. of Realtors said its pending home sales index fell 0.4% from the prior month but was up 8.4% over...
Tags: Services and Shopping, Inventories, Real Estate, KB Home, House Building
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New home sales dip with low supply
Sales of new homes dipped last month. The Commerce Department reported that newly built homes sold at a seasonally adjusted annual rate of 411,000 in February. That was 4.6% below the previous month but up 12.3% over the year. New-home sales numbers...
Tags: KB Home, Homes
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Existing home sales, prices rise nationwide
Existing home sales rose to their highest level in more than three years, while prices increased nationwide, yet another indication of a housing recovery that bodes well for the overall economy. The National Assn. of Realtors said sales of existing...
Tags: Services and Shopping, Economic Indicator, Inventories, Real Estate, Homes
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New home sales spike in January
Sales of newly built homes spiked nearly 16% in January, another indication of strong momentum in housing. The Commerce Department said sales of newly built, single-family houses rose to a seasonally adjusted annual rate of 437,000 units built last...
Tags: Homes
May 23, 2013
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May 23, 2013
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May 22, 2013
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Apr 29, 2013
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Apr 2, 2013
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Mar 28, 2013
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Mar 27, 2013
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Mar 26, 2013
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Mar 21, 2013
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Feb 27, 2013
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Feb 26, 2013
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