Home prices will likely climb 10 percent in 2013 and 8 percent in 2014, according to Barclays analyst Stephen Kim, who recently upgraded his view of the housing market from neutral to...
Land Prices Rise as Builders Scramble for Lots
An improving housing market is creating a sharp increase in land prices and “creating big profits for land investors but putting pressure on builders to further increase the price of...
Loan Applications Rise as Rates Reach Record Lows
More home owners and purchasers took advantage of locking in last week’s record low rates. Mortgage applications — which include both for refinancing and purchase — rose 2.8...
Home Prices to Rise 4% Per Year?
Have home prices finally hit bottom? Many analysts think so. According to the latest forecast by Fiserv, the market watcher sees a big boost to home prices on the horizon, projecting...
Mortgage Scams Rise on Online Search Engines
Federal investigators are investigating Google, Bing, and Yahoo! search engines in a hunt to find con artists who are using the sites to dupe troubled home owners....
Builders Slash Prices, New-Home Sales Rise 5.7%
After four consecutive months of declines, sales of newly built single-family homes rebounded in September, rising 5.7 percent, the Commerce Department reported this week. The bump in...
Mortgage Applications on the Rise Last Week
Mortgage applications increased 6.3 percent last week compared to one week earlier, as more borrowers took advantage of record-reaching low interest rates....
Where Is Mortgage Fraud Most Common?
Reports of mortgage fraud are on the rise: A government agency reported this week a 31 percent jump in mortgage fraud cases for the first quarter of this year, largely attributed to...
New Home Prices on the Rise, Inventories Shrink
The median sales price of new homes rose to $222,600 in May, a 2.6 percent increase from April, and the first increase to new-homes’ median sales price since December of last year,...



