Most Recent in News economics

on October 21,2010
After three years of decline in the market, remodeling is poised for a comeback in 2011, according to the Harvard University Joint Center for Housing Studies
on October 21,2010
Former White House housing finance issue adviser Peter Swire proposed that senior bank officials personally vouch for the quality of their banks’ mortgage documentation process. Swire, now a law...
on October 18,2010

A coalition of state attorneys general this week announced that they will be launching an investigation into the mortgage servicing industry, according to a report by the Wall Street Journal...

on October 15,2010

Despite the stagnant and uncertain economy, renters are returning to the market in massive numbers, the Wall Street Journal reported. Nationwide, the vacancy rate fell 0.7 percent during...

on October 15,2010
Nearly a third of Americans probably can’t qualify for a mortgage and less than half can qualify for the best rates, even with a large down payment, according to a new report from real estate website...
on October 15,2010
Luxury home builder Toll Brothers made another play in the urban infill market with its purchase of a corner lot on the Upper East Side of Manhattan. Plans call for a 15-story building with...
on October 15,2010
A new survey of nearly 10,000 consumers across 43 states by John Burns Real Estate Consulting reveals several interesting findings on what buyers want in a home and community today. For instance,...
on October 14,2010
Toll Brothers, Inc. has announced the purchase of a property located at 132 East 65th Street, at the southeast corner of Lexington Avenue, on the Upper East Side of Manhattan in New York City. Plans...
on October 14,2010
Federal housing regulators must stop obstructing programs that make energy efficiency upgrades and renewable energy projects affordable for American homeowners, according to a lawsuit filed by the...
on October 13,2010
Consumers continue to lack confidence that the economy is going to turn around any time soon, according to the Gallup Economic Confidence Index.
on October 13,2010
Nearly a third of Americans probably can’t qualify for a mortgage and less than half can qualify for the best rates, even with a large down payment, according to a new report from real estate website...
on October 13,2010
Home sales were up from July, but still down from 2009
on October 13,2010
The Market Composite Index, a measure of mortgage loan application volume, increased 14.6 percent on a seasonally adjusted basis from one week earlier.
on October 12,2010
Despite the stagnant and uncertain economy, renters are returning to the market in massive numbers, The Wall Street Journal reported.
on October 12,2010
Pending home sales have increased for the second straight month, according to the National Association of Realtors. The Pending Home Sales Index, which is based on signed contracts, rose 4.3 percent...
on October 12,2010
PNC Financial Services Group became the fourth mortgage lender to halt foreclosures, joining GMAC Mortgage, JPMorgan Chase and Bank of America, according to Housing Predictor.
on October 11,2010
Morgan Stanley analysts released their Housing Market Insights report, according to a report by HousingWire. The Morgan Stanley report predicts that home prices will fall by five to ten percent in...
on October 11,2010

The high number of homes for sale right now could be due to the increased number of households with members who are 55 and older, said a University of Virginia professor in a report by The...

on October 05,2010
Job market conditions have improved from a year ago, but have been essentially flat for the past five months, according to Gallup's Job Creation Index.
on October 05,2010
Real estate brokerage firm ZipRealty reports a 0.6 percent increase in September homes for sale