US new home sales rose unexpectedly in April
Sales of new homes across the United States rose an unexpected 3.3 percent in April from the prior month, to a seasonally adjusted annual pace of 526,000 homes, a government report showed Tuesday. The spike in sales confounded most economists forecasts of a […]
US home prices fall at record pace
The gloom enveloping the US housing market intensified on Tuesday as home prices dropped at the fastest annual rate since records began 20 years ago.
The Standard & Poor’s/Case Shiller national house price index fell 14.1 per cent in the first quarter of this year, compared with the same period a year earlier, a decline that […]
U.S. Has Most Unsold Homes Since ‘85
U.S. Has Most Unsold Homes Since ‘85
Sales of Existing Homes and Median Home Prices Fall Again as Inventory Stays High
WASHINGTON (AP) — Sales of existing homes in the U.S. fell for the eighth time in the past nine months, with the backlog of unsold single-family homes rising to the highest level in more than two […]
Home Sellers Will Try Anything, but It’s Hard to Get a Look
Home Sellers Will Try Anything, but It’s Hard to Get a Look
Mark and Elaine Hendricks recently offered their 2000 Mustang convertible as a freebie to anyone who would buy their Woodbridge house, but even that failed to distinguish it from the roughly 700 other homes for sale in their Zip code.
“We wanted to try something […]
US Home Prices Lowest in 17 Years
(WASHINGTON) — U.S. home prices posted their sharpest first-quarter decline since the government began tracking the data 17 years ago.
The Washington-based Office of Federal Housing Enterprise Oversight said Thursday that home prices fell 3.1 percent in the first quarter compared with last year. The index also fell 1.7 percent from the fourth quarter of 2007 […]
Lenders Raise the Bar
IF you have a mortgage, consider yourself lucky.
That is the upshot of the most recent survey of mortgage lenders by the Federal Reserve Board, which found that banks’ lending standards were significantly tighter in April than they had been in January, when credit was already tight.
Some prospective borrowers who just a few months ago were […]
After 24 Open Houses …
ON a Wednesday evening nearly three weeks ago, Dawn and Barry Goldstein were surprisingly calm as they sat on their plush brown sofa chatting with a guest, while their son, Jordan, almost 3, fidgeted between them.
“At least the worst part is over,” said Mrs. Goldstein, referring to the sale of their apartment. During the six […]
New Home Sales Fall to 13-Year Low
WASHINGTON — The government reports that sales of new homes fell in February for a fourth straight month as the steep slump in housing continues.
The Commerce Department reported Wednesday that new home sales dropped 1.8 percent last month to a seasonally adjusted annual rate of 590,000 units, the slowest sales pace since February 1995. […]
Home Sales Rose, Prices Fell in February
Home Sales Rise Unexpectedly but Prices Keep Tumbling
WASHINGTON (AP) — After falling for six straight months, sales of existing homes posted an unexpected increase in February which may have reflected more aggressive price cutting by sellers in some parts of the country, a real estate trade group reported.
The National Association of Realtors said that sales […]
Democrats, Bush Square Off Over Housing Relief
President Resists Wide-Scale Assistance
Now that the Federal Reserve has pledged billions of dollars to rescue Wall Street bankers from possible default, lawmakers and regulators are turning their attention to helping average citizens — from homeowners in danger of foreclosure to people who want to buy a home.
But unlike the Fed’s rapid moves last week to […]
Previous Stories
- US new home sales rose unexpectedly in April
- US home prices fall at record pace
- U.S. Has Most Unsold Homes Since ‘85
- Home Sellers Will Try Anything, but It’s Hard to Get a Look
- US Home Prices Lowest in 17 Years
- Lenders Raise the Bar
- After 24 Open Houses …
- New Home Sales Fall to 13-Year Low
- Home Sales Rose, Prices Fell in February
- Housing crisis cools off growth
- The Affluent, Too, Couldn’t Resist Adjustable Rates
- Foreclosed Homes: A Local Blight
- Home Sweet Investment
- Lowball Home Purchase Offers on the Rise
- Housing Crunch Flattens More Companies
- Stronger Rules for Mortgages Are Proposed
- Subprime Writedowns Could Hit $285 Billion: S&P
- Confessions of a Subprime Mortgage Lender
- Treasury To Release Analysis of Meltdown
- Foreclosure crisis has ripple effect
- Jitters for First-Time Homebuyers
- Responding to a Less Heated Market
- Fed Chief Urges Breaks for Some Home Borrowers
- Home Appraisal Standards Stiffened
- Yes, the Market Has Its Bright Spots
- Mortgage Lender Freddie Mac Reports $2.5 Billion Loss
- Republicans Block Consideration of Housing Relief Package in Senate
- New-Home Sales and Prices Continue to Drop
- Door Could Open To Class Actions
- Housing Woes Put Bush, Hill At Odds
- New Data Show Rising Inflation and Slumping Home Values
- Foreclosure Aid Rising Locally, as Is Dissent
- Home Resales and Prices Decline
- St. Lucie foreclosure tours put fresh spin on house-hunting; ‘It’s a buyer’s market’
- Rescues for Homeowners in Debt Weighed
- Dubious Fees Hit Borrowers in Foreclosures
- The Case for ‘Right Pricing’ By Home Builders
- Inside the Countrywide Lending Spree
- Drop Foreseen in Median Price of U.S. Homes
- As Woes Grow, Mortgage Ads Keep Up Pitch
- One City’s Home Sellers Do Better on Their Own