Most Recent in News sales

S&P/Case-Shiller report: Home prices continue to decline
on December 28,2010

U.S. home prices declined in October as the growth rate continues to decelerate, according to the S&P/Case-Shiller Home Price Indices report released today. Each of the 20 metropolitan areas...

Government struggles to decide on Fannie and Freddie's future
on December 27,2010
The future of mortgage giants Fannie Mae and Freddie Mac hang in the balance as the federal government struggles to determine whether it should continue to guarantee mortgages after the market...
David Weekley Homes launches buyer project-tracking website
on December 26,2010
Home building giant David Weekley Homes has launched a website that allows its buyers to stay updated on the progress of their new home. Upon signing the sales contract, clients receive log-in...
U.S. home prices rise in October
on December 22,2010
Homes prices across the U.S. rose between September and October, although prices remain lower than in October 2009.
Group urges regulators to create standards for mortgage-servicing industry
on December 21,2010

A group of analysts, academics and investors signed a letter urging regulators to create nationals standards for the mortgage servicing industry, the Wall Street Journal reported.

Rising mortgage rates cause surge in first-time buyers
on December 20,2010
Rising mortgage interest rates have reignited first-time home buyers’ interest in purchasing a home over the last several months, UPI reported. The rates for 30-year fixed-rate mortgages began to...
Americans maintain positive attitude about homeownership
on December 17,2010
Despite the recent housing crisis, most Americans still desire to own a home, but their attitudes may not line up with financial realities, CNN reported. A survey by Fannie Mae found that more 51...
Construction material prices rise nearly five percent since last year
on December 16,2010
Construction material prices have risen in the last year, while finished-building price indexes remained flat, adding additional financial stress to builders and contractors already facing the...
NAHB survey: Builder confidence remains flat
on December 15,2010
Builder confidence in new single-family homes remained flat in December, according to the National Association of Homebuilders (NAHB)/Wells Fargo Housing Market Index. The index remained at 16, the...
Negative equity drops for third straight quarter
on December 14,2010
The number of residential properties with mortgages in negative equity in the U.S. dropped in the third quarter of 2010, marking the third quarter in a row the rate has decreased. CoreLogic reported...
Bank of America restarts nearly 16,000 foreclosures
on December 10,2010

Bank of America Corp. announced that it restarted nearly 16,000 foreclosure cases last week, according to a report by the Wall Street Journal. The bank’s foreclosure attorneys...

Former Simonini executives launch Charlotte-area luxury home building company
on December 09,2010
Bill Saint and Doug Dozier, former executives with recently shuttered Simonini Builders, have launched a Charlotte-area luxury home building company that will take over where their former employer...
Housing inventory declines in November
on December 07,2010

Data from real-estate brokerage firm ZipRealty Inc. showed that the number of homes for sale declined by 3.8 percent in November in 26 major metropolitan areas, the Wall Street Journal ...

NAR: Pending home sales rise in October, Midwest has largest gains
on December 02,2010
The Pending Home Sales Index rose to 89.3 in October, a 10.4 percent gain over the previous month, according to the National Association of Realtors. The index, which is based on contracts during...
Consumer confidence rises, but housing market remains flat
on December 01,2010
Consumer confidence in the U.S. increased in November, rising to its highest level in five months. The Conference Board’s sentiment index rose to 54.1, exceeding estimates by a Bloomberg survey of...
S&P Case-Shiller report: Rate of home price decline may be accelerating
on November 30,2010

The S&P/Case-Shiller home-price indexes showed that home prices went down between August and September, and that third quarter prices also were down, according to a report by the Wall...

Fannie Mae report: Americans less confident in housing market
on November 29,2010

A survey by Fannie Mae showed that Americans' confidence in the housing market dropped during the third quarter of 2010. The survey, which polled 3,417 households in July, August, and September,...

New single-family home sales down in October
on November 24,2010
The U.S. Census Bureau and Department of Housing and Urban Development reported today that new single-family home sales October were down 8.1 percent, to a seasonally-adjusted rate of 283,000, from...
Existing home sales down in October
on November 23,2010
Existing home sales went down 2.2 percent in October, dropping to a seasonally adjusted rate of 4.43 million, according to the National Association of Realtors (NAR). Sales went down 25.9 percent...
Shadow Inventory of Homes Higher in 2010
on November 22,2010

The housing market’s “shadow inventory”—unlisted bank-owned homes and potential foreclosures—rose compared to 2009, according to a report by the Wall Street...