News

Articles in "Real Estate"

May 22, 2012 09:42 AM
Existing-home sales and prices rise, point toward recovery: NAR

Existing-home sales rose in April, and home prices continued to rise, according to the National Association of Realtors.

Total existing-home sales, completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 3.4% to a seasonally...

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May 22, 2012 08:37 AM
April home sales in Illinois shoot up 15.7%

Illinois home sales in April increased 15.7% from year-ago levels while median prices held steady for the second month in a row, the Illinois Association of Realtors said Tuesday.

Illinois home sales in April hit 9,961 completed closings, up 15.7% from 8,606 a year...

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May 22, 2012 08:34 AM
April home sales in Illinois shoot up 15.7%

Illinois home sales in April increased 15.7% from year-ago levels while median prices held steady for the second month in a row, the Illinois Association of Realtors said Tuesday.

Illinois home sales in April hit 9,961 completed closings, up 15.7% from 8,606 a year...

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May 21, 2012 02:25 PM
Real estate mogul lawsuit against Citi dismissed

A federal district court judge in New York dismissed a lawsuit filed against Citigroup Inc. ($50.04 -0.49%) and...

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May 21, 2012 02:10 PM
NABE boosts forecast for housing starts

Economists in a survey released Monday said they expect housing starts to grow considerably over the next two years.

The latest National Association for Business Economics report forecasts housing starts to rise 18% to 720,000 from 2011, a slight upward revision from its...

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May 21, 2012 12:52 PM
NABE boosts forecast for housing starts

Economists in a survey released Monday said they expect housing starts to grow considerably over the next two years.

The latest National Association for Business Economics report forecasts housing starts to rise 18% to 720,000 from 2011, a slight upward revision from its...

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May 21, 2012 11:05 AM
Lowe's 1Q profit up, 2012 outlook down

Lowe's ($42.69 0%) first quarter profit was 14% higher year-over-year due to unseasonably warm weather in the quarter, but the company lowered...

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May 18, 2012 03:36 PM
Silicon Valley housing market gets Facebook bump

While the rest of the county buzzed Friday about Facebook’s ($24.70 -0.36%) first day as a public company, real estate agent Brian Chancellor saw...

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May 18, 2012 06:03 PM
Bipartisan bill seeks end to REO-to-rental pilot in California

Eight Republican and Democratic California congressional members introduced legislation calling for the Federal Housing Finance Agency to cease its plan to sell Fannie Mae-owned foreclosed homes in California to large investors.

The bill’s arrival comes...

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May 18, 2012 02:51 PM
Bipartisan bill seeks end to REO-to-rental pilot in California

Eight Republican and Democratic California congressional members introduced legislation calling for the Federal Housing Finance Agency to cease its plan to sell Fannie Mae-owned foreclosed homes in California to large investors.

The bill’s arrival comes...

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May 18, 2012 02:55 PM
Dearth of affordable rentals cause for concern, housing experts say

If a more renter-centric economy is the solution to America's housing woes, policymakers and developers will have to tackle two issues first — falling incomes and rising rents, housing experts say.

So far, the meteoric rise in multifamily...

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May 18, 2012 01:48 PM
Dearth of affordable rentals cause for concern, housing experts say

If a more renter-centric economy is the solution to America's housing woes, policymakers and developers will have to tackle two issues first — falling incomes and rising rents, housing experts say.

So far, the meteoric rise in multifamily...

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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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