Topic: National Association of REALTORS
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Top 10 places to buy a foreclosed home
Here are the Top 10 metropolitan areas to buy a foreclosed home, according to RealtyTrac:
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Top 10 cities where house prices are rising
House prices continue to fall nationwide, but here and there they’ve begun to turn up as Americans return to the housing market. Which 10 metropolitan areas have seen the biggest increase in the past year? The winners, according to the National Association of Realtors (NAR), include a state capital, a furniture-making center, and a resort that was once America’s foreclosure capital. Can you guess who they are?
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Home prices fall again: Eight keys to the housing market future
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Home sales down. But six cities defy housing gloom.
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Tech stocks boost the market
Strong earnings reports from IBM and Microsoft drove the Dow Jones industrial average higher Friday. The Dow rose 96 points to close at 12720.
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Stocks rise, but S&P flat for the year
Stocks get a boost from an increase in pending home sales. With only two full trading sessions left in 2011, stocks are struggling to finish in positive territory.
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New home sales near all-time low
New home sales in 2011 could be the worst ever, despite a rise in November. Last month saw a 1.6 percent increase in new home sales, far less than what economist had hoped for.
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Home sales up. Is the housing market finally turning around?
Sales of previously owned homes rose in November, gaining for the second month in a row. And home-sales volume is up 12 percent from a year ago, says the National Association of Realtors.
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Home sales rising. Is a new wave of home investors forming?
Existing home sales rise in November and are now 34 percent higher than the mid-2010 low. Low prices and interest rates are drawing some new investors to real estate.
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Home sales contracts highest in a year
Home sales pending index reaches 99.3 in October, a 10.4 percent increase from September. But a recovery in home sales doesn't look imminent.
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Debt 'super committee': the Grinch that stole the Christmas stock rally
The apparent inability of the 'super committee' to reach a deal, along with European economic woes, is causing angst on Wall Street. The Dow is down 300 points.
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Home sales jump in August: why it's not enough to revive housing market
Even as home sales increased in August, median prices fell. Experts point to a 'shadow inventory' of homes that will eventually face foreclosure and say prices won't keep up with inflation for years.
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Stock traders: Here we go again
Stock traders see the Dow fall 500 points before paring some of its losses. European stock traders endure biggest one-day decline in almost three years.
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Home sales at six-month low, showing weakness even in 'peak' season
Home sales in May stood at 4.8 million – down from 5 million in April and lower even than the figure for winter months. Realtor association cites tight credit and severe weather.
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Mortgage rates hit lows of the year
Mortgage rates for a 30-year loan are now 4.61 percent. Mortgage rates for 15-year loan now average 3.80 percent, lowest since last November.
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Stocks end higher as LinkedIn soars on debut
The Dow rose about 45 points, and LinkedIn traded at more than $100 early in the afternoon but fell before closing
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US home sales fell in April, as tight credit hindered buyers
The home sales report also found that the median price for sales of previously owned homes was $163,700 – some 5 percent below the median price a year ago.
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Fixed mortgages: Rates rise but still under 5 percent
Fixed mortgages for 30-year term climb from 4.81 to 4.86. Rates for 15-year fixed mortgages rise slightly to 4.09 percent.
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Housing market: Which state faces biggest foreclosure risks? New Jersey.
The US has 1.8 million units of 'shadow inventory' – distressed properties likely to hit the housing market. New Jersey tops the list, with Illinois, Florida, and California also among the most at-risk. The data, part of a new report, show both improvement and remaining problems.
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Home prices: Where's the market headed?
Home prices peaked in the US five years ago. Here is a look at the key issues affecting home prices as the spring real estate market approaches.
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Home prices fall again: Eight keys to the housing market future
US home prices fell 1 percent in November compared with the previous month, according to a widely followed 20-city index released by Standard & Poor's Tuesday. It's the latest sign that, five years after home prices peaked, the housing market remains an important weak link in the economy. Still, housing experts say 2011 could be a pivotal year when home prices bottom out and a more stable environment begins to emerge. Here's a look at the key issues.
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Mortgage rates reach seven-month high
Mortgage rates for a 30-year loan now stand at 4.86.
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Economic growth: unemployment claims hit lowest level in two years
Unemployment claims fell below 400,000 the week before Christmas, the latest indicator of continued slow economic growth.
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Mortgage rates drop after five-week rise
Mortgage rates dipped to 4.81 percent for a 30-year loan, down from 4.83 percent last week.
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Gas prices hit $3 a gallon, highest in 27 months. Will they go higher?
Now at an average price of $3 a gallon, gasoline could cost at least $3.50 a gallon by spring. Rising gas prices go hand in hand with higher oil prices, driven up by outlook for a stronger economy.
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Home sales jump: Might rising mortgage rates help, not hurt?
Home sales revived in November, but mortgage rates have been edging up. Some analysts say that might prompt more potential buyers to take the plunge now, before rates go even higher.
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Mortgage interest deduction: Can US debt panel keep it on the chopping block?
The mortgage interest tax deduction is cherished by many Americans as the path to homeownership. But the co-chairmen of the US debt panel say it should be rolled back.
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Mortgage rates rise to 4.5 percent
Mortgage rates are going up as the economic outlook brightens.
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House prices: Latest US index falls, a signal of weakness
Reversing four months of gains, a key US house price index fell modestly in August, and some economists see more declines ahead. But the index is still well off the recession's low point.
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