Article archive
28/06/2012 21:04
WASHINGTON — Announcements of a housing recovery have become a wrongheaded rite of summer, but after several years of false hopes, evidence is accumulating that the optimists may finally be right.
The housing market is starting to recover. Prices are rising. Sales are increasing. Home builders...
—————
27/06/2012 15:35
Home Prices are beginning to rise after a six-year slump in cities from San Francisco and Seattle to Miami with jobs and lifestyles that appeal to younger and affluent buyers.
"A number of the cities that have done the best have been glamour cities," Robert Shiller, an economics professor at...
—————
26/06/2012 15:35
IN UNSURPRISING but good news, Case-Shiller reported new home price data this morning that showed a definitive upward move in markets across the country. From March to April, Case-Shiller's 10- and 20-city indexes rose 0.7%, seasonally adjusted. All but three of the tracked markets saw...
—————
26/06/2012 15:24
NEW YORK (MarketWatch) - Bulls took control of the homebuilding sector and sent the group's shares up more than 2% on Tuesday after the latest data showed prices rising in most U.S. cities, and a report in the Wall Street Journal said Lennar Corp., an industry leader, is close to securing almost...
—————
21/06/2012 10:23
National home values in the United State rose for the third month in a row in May, climbing 0.5% from April, the latest Zillow home price index shows.
But prices are still falling on an annual basis, down 0.9% compared to May 2011 although this is the smallest year on year decline since...
—————
20/06/2012 12:06
CITRUS HEIGHTS, Calif. – Alex Dorado thought that buying his first home was going to be easy.
"I said, 'This is a recession. No one is looking at houses,' " the cellphone salesman says.
Dorado, 25, found his first love in February, a 1,200-square-footer in this Sacramento-area suburb. Before...
—————
19/06/2012 21:36
The U.S. home building industry is trying to rise from the ashes, albeit in fits and starts, as indicated by today's read on construction activity in May. Housing starts fell unexpectedly, but building permits, an indicator of future construction rose to levels not seen since 2008.
The usual...
—————
18/06/2012 16:57
(Reuters) - U.S. homebuilder sentiment nudged upwards in June to its highest level in five years, the National Association of Home Builders said on Monday.
The NAHB/Wells Fargo Housing Market index rose one point from the month before to 29, in another sign that the housing market may...
—————
14/06/2012 23:08
After months of declines, the foreclosure numbers are going up again.
Foreclosure starts, the first phase of the process, rose 9 percent in May month-to-month, the first increase in over two years, according to a new report from RealtyTrac. Bad news, right? Only if you are the one losing your...
—————
14/06/2012 16:55
By Kathleen M. Howley on June 14, 2012
Americans are digging themselves out of mortgage debt.
Home equity in the first quarter rose to the highest level since 2008 as homeowners taking advantage of record-low borrowing costs to refinance their loans brought cash to the table to pay...
—————
