Mortgage applications skyrocket in holiday week
Homebuyers celebrated Thanksgiving last week dreaming of new, pricier digs. An index tracking applications for loans to purchase homes...
Housing drives rise in construction spending October
A strong housing market continued to fuel construction spending this fall. Construction spending grew an estimated 1.3 percent in...
Pending home sales fall again as prices continue to rise
In another indication of a potential slowdown in the country’s hot housing market, an index tracking pending home sales...
Issue
The mirage of low interest rates
Record-low interest rates have created an unprecedented opportunity for homebuyers. That’s the party line in the residential industry. But that’s not how things are playing out on the ground. Many buyers have little chance...
Mortgage requests surge ahead of Thanksgiving
As the holiday season kicked off, buyers and homeowners got hungry for home financing. An index tracking the number...
US home prices surged 6.6% in September
Housing prices continue to soar into the fall. Prices increased 6.6 percent year-over-year in September, according to the S&P CoreLogic Case-Shiller home price index, which tracks the housing market in 20 cities including New...
U.S. home sales rose again as inventory hits all-time low
The housing market continued to roar with 6.85 million homes sold last month, but the shrinking pool of available...
Housing starts rose almost 5% last month
Homebuilding surged in October in tandem with confidence in the sector reaching a new high. Housing starts jumped 4.9 percent to 1.5 million, seasonally adjusted, compared to 1.4 million logged in September by the...
Over the slump? Home-purchase mortgages jump
Mortgage application to buy homes rebounded after a two-month slump. Applications for purchase loans rose 4 percent, seasonally adjusted,...
Homebuilder confidence soars to another record high
Homebuilders’ faith in the housing market continues to reach new heights, even as the country braces itself for a...