News

Articles in "Real Estate"

May 17, 2012 05:59 PM
RE/MAX: Home prices rise for third consecutive month

The national median home price rose for the third straight month in April, according to the RE/MAX National Housing Report. In the 53 metropolitan areas surveyed, home prices inched up 3.2% from last month, and rose 5.9% from April 2011.

Inventory also fell considerably...

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May 17, 2012 04:29 PM
Fitch predicts housing bottom in 2013

U.S. home prices could drop another 7.8% before reaching bottom next year, Fitch Ratings said in a report released Thursday. 

A Fitch report from director Stefan Hilts forecasts steady economic growth and inflation levels that are close to 3% annually. The...

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May 17, 2012 03:10 PM
Fannie Mae: Housing activity cools after warm winter

A healthy dose of winter home sales led to a disappointing spring with housing activity cooling somewhat in the latter part of the first quarter, Fannie Mae said Thursday. 

Doug Duncan, chief economist for Fannie Mae, said activity levels looked promising in the...

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May 17, 2012 03:05 PM
Bay Area home sales take step toward normalization

Home sales in the San Francisco-Bay area grew to their highest year-over-year level in six years during the month of April, real estate analytics firm DataQuick said Thursday.

The region had 7,675 new and resale home sales in the nine-county Bay Area last month, compared...

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May 17, 2012 02:56 PM
Bay Area home sales take step toward normalization

Home sales in the San Francisco-Bay area grew to their highest year-over-year level in six years during the month of April, real estate analytics firm DataQuick said Thursday.

The region had 7,675 new and resale home sales in the nine-county Bay Area last month, compared...

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May 17, 2012 11:26 AM
Architecture Billings Index down for April

The Architecture Billings Index (ABI) has fallen into negative terrain after five months of positive readings. The score sat at 48.4 for April, down from 50.4 in March. The new projects inquiry index was 54.4, down from 56.6 the previous month.The billings index, a leading economic indicator of...

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May 17, 2012 11:37 AM
Architecture Billings Index down for April

The Architecture Billings Index (ABI) has fallen into negative terrain after five months of positive readings. The score sat at 48.4 for April, down from 50.4 in March. The new projects inquiry index was 54.4, down from 56.6 the previous month.The billings index, a leading economic indicator of...

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May 17, 2012 11:34 AM
Architecture Billings Index down for April

The Architecture Billings Index (ABI) has fallen into negative terrain after five months of positive readings. The score sat at 48.4 for April, down from 50.4 in March. The new projects inquiry index was 54.4, down from 56.6 the previous month.The billings index, a leading economic indicator of...

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May 17, 2012 11:29 AM
Move Inc.: Politicians must adopt clear housing strategy

Market uncertainty is keeping buyers and sellers on the sidelines, making it necessary for politicians to adopt a clear strategy for stabilizing home prices, said Steve Berkowitz, CEO of Move Inc., the company that operates Realtor.com.

"I believe the most...

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May 16, 2012 01:20 PM
Home prices tick up in Southern California

Southern California is beginning to see signs of a tepid recovery with the median sales price in the area edging up to $290,000 in April, according to real estate analytics firm DataQuick.

Compared to the months of March 2012 and April 2011 that...

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May 16, 2012 12:54 PM
Home prices tick up in Southern California

Southern California is beginning to see signs of a tepid recovery with the median sales price in the area edging up to $290,000 in April, according to real estate analytics firm DataQuick.

Compared to the months of March 2012 and April 2011 that...

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May 16, 2012 01:10 PM
Multifamily supply could hinder rent growth by 2013 in some markets

New supply of apartments could drag on rent growth as soon as 2013 in some markets, according to analysts at Keefe, Bruyette & Woods.

Starts and permits in multifamily construction continue to outpace year-ago totals, though remain below 20-year averages. Multifamily...

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May 16, 2012 12:52 PM
Multifamily supply could hinder rent growth by 2013 in some markets

New supply of apartments could drag on rent growth as soon as 2013 in some markets, according to analysts at Keefe, Bruyette & Woods.

Starts and permits in multifamily construction continue to outpace year-ago totals, though remain below 20-year averages. Multifamily...

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May 16, 2012 09:40 AM
Home affordability in California reaches 24-year high

Home affordability in California reached a 24-year high in the first quarter of 2012, with 56% of homebuyers able to afford a median-priced, existing single-family home in the state, the California Association of Realtors said. That is up from a home...

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May 16, 2012 09:31 AM
Home affordability in California reaches 24-year high

Home affordability in California reached a 24-year high in the first quarter of 2012, with 56% of homebuyers able to afford a median-priced, existing single-family home in the state, the California Association of Realtors said. That is up from a home...

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