Tag Archives: soar

New-Home Sales Soar to 5-Year High

Rising mortgage rates are showing no sign of derailing new-home sales....

Housing Permits Soar to 4 1/2 Year High

Housing permits — a gauge for future construction — soared 3.6 percent in November over December, reaching its highest level in more than four years, the Commerce Department...

Refi Apps Soar to 3-Year Highs

Mortgage applications for refinancings and home purchases posted strong gains this week following news of record low interest rates, the Mortgage Bankers Association reports in its...

New-Home Prices Soar to 5-Year High

The median price of a new home rose a record-breaking 11.2 percent in August, reaching $256,000. That marks the highest level since March 2007, the U.S. Census Bureau reported...

‘Luxury’ Foreclosures Soar

For the past two years, foreclosure activity has been increasing on higher-end homes at a faster pace than lower-end homes, says Daren Blomquist with RealtyTrac, a company that tracks...

Investors See Bigger Profits From Rising Rents

Rental demand and prices continue to soar, and investors are cashing in. Rents are rising at a 5.17 percent annual rate — up from last year’s 4.72 percent rate. If rents continue...

Defaults Soar 33%, Biggest Monthly Gain in 4 Years

A new wave of foreclosures hit in August, as banks picked up the pace in taking action against home owners who have fallen behind on their mortgage payments, RealtyTrac Inc. reported...