Housing News



October 20, 2010

Housing starts unexpectedly rose 0.3 percent in September, signaling that the real estate market may be stabilizing despite the new foreclosure crisis, the Commerce Department reported. The annual rate rose to 610,000, the most since April and slightly higher than the revised 608,000 rate in August.

October 20, 2010

A new look at housing starts based on data from the Census Bureau finds that single-family homes in the U.S. continued to get smaller last year, and the downward trend is likely to last significantly beyond the end of the recession. From a peak of 2,268 square feet in 2006, the median size of new single-family homes dropped consistently through last year, when the size was down to an even 2,100, according to NAHB.

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 the third quarter, one of the sharpest declines on record, to 7.2 percent.

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 Zillow.com.

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, only 17 percent of respondents said price was most important; location and home style/design ranked highest.

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 Natural Resources Defense Council.

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.

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 Zillow.com.

October 13, 2010

Home sales were up from July, but still down from 2009

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.

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