Foreclosure rates in the greater Miami area remain astonishingly high, but they’re headed in the right direction. In March, 13....
A debate is stirring in Michigan over legislation that aims to shorten the redemption period for homeowners in foreclosure, The...
Texas existing home sales grew 2.8% in February from a month earlier, outpacing transactions nationwide according to the Federal Reserve Bank of Dallas.
Sales also increased 16.5% from February 2011, rising in the four largest Texas metropolitan areas of Houston, Dallas, San Antonio and Austin.
U.S. preowned-home sales, according to the National Association of Realtors, dropped 0.9% monthly and grew 8.8% from a year earlier.
Two other indicators, however, reflected weakness in the Texas housing market. Single-family construction permits fell 8.2% in February from January, while housing starts dipped 0.1%.
The rest of the state's economy continued to grow in February, with employment up 2.8% at an annual rate according to the Dallas Fed.
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