LOS ANGELES — Homes in some stage of the foreclosure process saw their share of overall U.S. home sales grow in the first quarter even as sales of bank-owned homes fell. The increase was driven by a spike in short ...Read More »
Baltimore police have arrested a suspect in four robberies in which the victims were Craigslist users looking to buy coins, jewelry and dirt bikes. A police spokesman says investigators found 26-year-old David Brown on Friday as he used a public ...Read More »
WASHINGTON — Americans bought more new homes last month, the latest evidence that the U.S. housing market could be starting to recover. New-home sales increased 3.3 percent in April from March to a seasonally adjusted annual rate of 343,000, the ...Read More »
WASHINGTON — An index that tracks the number of signed contracts to buy U.S. homes rose to its highest level in nearly two years last month, the latest sign the battered housing market is slowly improving. The National Association of ...Read More »
WASHINGTON — Rising foreclosures are weighing on the U.S. housing market, reducing prices and keeping new-home sales weak. Foreclosed homes are usually sold at steep discounts, thereby lowering average prices. And by expanding the supply of low-priced previously occupied homes, ...
Tagged with: buyers commerce department construction Financing foreclosure homes inventory National Association of Realtors new homes new-home sales sellers standard & poor's/case-shiller home-price indexRead More »
WASHINGTON — The average U.S. rate on the 30-year fixed mortgage was mostly unchanged this week, as the cost of home-buying and refinancing stayed near record lows. Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan ...Read More »
WASHINGTON — U.S. home prices fell for a third straight month in nearly all cities tracked by a major index. The declines show that most homeowners are not reaping the benefits from some signs of an improving housing market. Prices ...
Tagged with: atlanta buyers california chicago cleveland detroit Economy home prices homebuilders homeowners homes nevada phoenix sales san diego standard & poor's/case-shiller home-price index vacant homes washingtonRead More »
WASHINGTON — The number of Americans who signed contracts to buy homes fell in December after hitting the highest level in a year and a half a month earlier. The National Association of Realtors said Wednesday its index of sales ...Read More »
WASHINGTON — Builders ended 2011 with a third straight year of dismal home construction and the worst on record for single-family home building. But improvement at the end of the year lifted hopes for an eventual recovery. In December, builders ...
Tagged with: builders buyers commerce department construction Foreclosures home construction homes mortgage National Association of Home Builders new homes purchases Recession sellers single-family homesRead More »
WASHINGTON — The number of Americans who signed contracts to buy homes in November rose to the highest level in a year and a half. The best reading on pending homes sales since a federal home-buying tax credit expired appeared ...Read More »