Tag Archives: up

House Flips Up 16% as Prices Rebound

Investors are flipping houses again, a trend that had become popular during the housing boom but fell off after home prices started dropping. Now, with home prices back on the rise...

With Tight Inventory, Prices Only Going Up From Here

A low number of homes for sale is pushing home prices up to double-digit gains year-over-year, the National Association of REALTORS® reports in its latest existing-homes report....

New-Home Sales Up, Pending Sales Lag

Sales of new single-family homes bounced back in August, helping to offset a large decrease in July after borrowers pulled back from higher mortgage rates, according to the U.S....

Loan Demand Falls as Rates Move Up

As mortgage rates rose last week, mortgage applications dropped 3 percent, moving to their lowest level since November 2011, the Mortgage Banker’s Association reports. ...

Loan Demand Picks Up Steam

Mortgage applications rose 5 percent last week as mortgage rates declined, the Mortgage Bankers Association reported in its weekly mortgage market survey for the week ending April 12,...

Builders Step Up Construction Due to Rising Demand

Homebuilders broke ground on homes in March at the fastest pace since June 2008, mostly fueled by a surge in apartment construction, the Commerce Department reports. ...

Home Prices Pick Up at Fastest Pace in 7 Years

Home prices nationwide, which includes distressed sales, soared 10.2 percent year-over-year, according to CoreLogic’s February report. It’s the largest year-over-year increase in...

Builders Ramp Up Hiring From Rising Demand

Growing confidence among home builders about the housing recovery is prompting more of them to go on a hiring frenzy to meet increasing buyer demand. Government data shows that 48,000...

January Pending Home Sales Up in All Regions

Pending home sales rose in January, and have been above year-ago levels for the past 21 months, according to the National Association of REALTORS®. There were healthy monthly gains in...

FHA to Tighten Up Mortgage Standards in 2013

In an effort to make up for a large budget shortfall, the Federal Housing Administration announced it will publish new mortgage standards for certain home owners and replace a popular...