News

Articles in "Real Estate"

August 13, 2012 05:00 AM
Monday Morning Cup of Coffee: Fiscal problems take center stage

Monday Morning Cup of Coffee takes a look a news crossing the HousingWire weekend desk.

Fiscal problems center stage?

The biggest news of the weekend is undoubtedly the selection of Wisconsin Representative Paul Ryan as the Republican Party candidate for vice...

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August 10, 2012 03:00 PM
Low Twin City inventory causes biggest home price gain since 2004

The shifting forces of supply and demand are driving home prices across the nation to heights not attained in years.

In Minneapolis-St. Paul, a housing inventory that sits at a nearly nine-year low and a changing sales mix away from foreclosures caused prices to rise for five straight...

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August 9, 2012 11:06 AM
2Q metro home prices rise as tight inventory caps sales

 

Median existing single-family home prices rose in more metropolitan areas in the second quarter compared to the first, but a lack of inventory in lower price ranges limited buyer choice, according to the latest quarterly report from the National Association of Realtors...

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August 8, 2012 03:18 PM
Freddie Mac: Threat of shadow inventory subsides, home prices rise

It's often feared a shadow inventory of homes will flood the housing market derailing the fragile recovery that some now believe is under way. But a new report from Freddie Mac says this view may be too pessimistic given today's rising home prices and falling REO levels.

...

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August 7, 2012 12:04 PM
Ohio congressman challenges Section 8

U.S. Rep. Steve Chabot, R-Ohio, says his bill — H.R 4145 — would require recipients of Section 8 housing subsidies to work at least 20 hours a week, while limiting their reliance on the federal housing program to five years. The work requirement would be for household...

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August 7, 2012 10:53 AM
Fannie Mae survey highlights the dichotomy of housing

Housing analysts continue to spar over the extent and power of the housing recovery, and many Americans remain relatively strong in their belief that the market will continue to brighten.

Respondents to Fannie Mae’s July National Housing Survey, a telephone survey of 1,...

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August 7, 2012 10:41 AM
Fannie Mae survey highlights the dichotomy of housing

Housing analysts continue to spar over the extent and power of the housing recovery, and many Americans remain relatively strong in their belief that the market will continue to brighten.

Respondents to Fannie Mae’s July National Housing Survey, a telephone survey of 1,...

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August 6, 2012 03:36 PM
Hispanics make up majority of new owner households

In spite of high unemployment, economic uncertainty and tighter credit conditions, homeownership among Hispanics continues to act as a stimulant to the country's anemic household formation rate.

Across the nation, new owner household formation increased 125,000 in the second quarter of...

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August 6, 2012 11:50 AM
Hispanics make up majority of new owner households

In spite of high unemployment, economic uncertainty and tighter credit conditions, homeownership among Hispanics continues to act as a stimulant to the country's anemic household formation rate.

Across the nation, new owner household formation increased 125,000 in the second quarter of...

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August 3, 2012 05:34 PM
HUD: Modest economic recovery afoot in Miami

The challenges in the Miami housing market are more severe than those in most areas of the nation, but a modest economic recovery in the city is under way, according to findings by the Department of Housing and Urban Development and the Treasury.

Miami...

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August 3, 2012 04:54 PM
HUD: Modest economic recovery afoot in Miami

The challenges in the Miami housing market are more severe than those in most areas of the nation, but a modest economic recovery in the city is under way, according to findings by the Department of Housing and Urban Development and the Treasury.

Miami...

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August 3, 2012 02:11 PM
Obama scorecard shows amount of underwater borrowers shrunk in 1Q

The Obama administration’s latest housing scorecard reflects an improving market, with the number of underwater borrowers falling 5.8% in the first quarter to 11.4 million from 12.1 million the previous quarter.

The administration, citing data from Corelogic...

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August 3, 2012 01:41 PM
U.S. home prices edge up in May: LPS

U.S. home prices edged up 0.9% from April to May, hitting an average price of $202,000, Lender Processing Services said in its latest Home Price Index report. 

On a year-over-year basis, prices are up 0.4%.

The average price of $202,000 in May is up from...

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August 3, 2012 01:33 PM
U.S. home prices edge up in May: LPS

U.S. home prices edged up 0.9% from April to May, hitting an average price of $202,000, Lender Processing Services said in its latest Home Price Index report. 

On a year-over-year basis, prices are up 0.4%.

The average price of $202,000 in May is up from...

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August 3, 2012 12:13 PM
REIT makes heavy investment in rental properties

Two Harbors ($11.56 0%) made heavy purchases on single-family rental properties during the second quarter, targeting areas that may be...

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