Most Recent in News economics
on February 16,2011
Residential remodeling activity increased in 2010, showing gains for the 14th straight month, as many homeowners continue to choose remodeling over purchasing a new home.
on February 15,2011
Builder confidence remained the same for newly built, single-family homes for the fourth month in a row, according to the latest National Association of Home Builders (NAHB)/Well Fargo Housing Market...
on February 14,2011
The Obama administration on Friday put forth three possible plans on reducing the federal government’s involvement in the mortgage industry and phasing out Fannie Mae and Freddie Mac, the...
on February 11,2011
Foreclosures rose slightly in January, but declined 17% overall compared to last year, Housing Predictor reported.
on February 11,2011
Housing prices in more than half of the major metropolitan areas experienced gains during the fourth quarter, according to the National Association of Realtors.
on February 11,2011
In a strange twist, the number of homes listed for sale actually fell in January, according to The Wall Street Journal.
on February 11,2011
Americans moved across states lines in 2010 at the lowest rate since World War II, according to Housing Predictor.
on February 09,2011
The ratio of home price to annual household income fell to pre-housing boom levels in 47 of the 74 markets that Moody’s Analytics measures, indicating the homes in those areas currently are highly...
on February 08,2011
The much-maligned 1099 reporting requirement set to take effect in 2012 is still on the books
on February 07,2011
Although borrowers who modify their loans are likely to default again within a year, the redefault rate is falling, the Wall Street Journal reported.
on February 04,2011
Home equity loans and lines of credit are on the rise as banks begin to cautiously re-enter the market. While not yet a nationwide trend, some regional banks are reporting significant increases in...
on February 03,2011
America’s shadow inventory — mortgages that are either delinquent or in foreclosure but haven’t hit the market yet — continues to shrink, according to an S&P report. One potential reason for the...
on February 03,2011
An index measuring the confidence of 150 kitchen and bath dealers shows that they believe sales will increase in the next quarter. Seventy percent of the surveyed dealers said they expected showroom...
on February 03,2011
Cash-in rate for mortgages at record high, Freddie Mac says
on January 31,2011
The mortgage-interest deduction, a pillar of the nation’s long-held support for housing and the American Dream, is under assault, say NAHB observers who make it their full-time job to stay on top of...
on January 31,2011
Both the homeownership rate and homeowner property vacancy rate fell in the last quarter of 2010, the U.S. Census Bureau announced in its latest Housing Vacancies and Homeownership report. The...
on January 31,2011
Pending home sales rose in December, the fifth time in six months the index has increased, according to the National Association of Realtors.
on January 31,2011
A report from the liberal Center for American Progress calls for attracting as much private money as possible into the mortgage market, The Wall Street Journal reported. Currently, nine of out 10 new...
on January 27,2011
Remodelers are more optimistic about 2011 as remodeling market gets stronger
on January 26,2011
New single-family homes sales were at a seasonally adjusted rate of 329,000 in December, based on estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development. The...
