Existing home sales adult 6.5% as housing recovers

Existing home sales rose 6.5% in July, reaching their top turn in scarcely 4 years, a National Association of Realtors pronounced Wednesday. Homes sole during a 5.39 million seasonally practiced annual rate, a organisation said, handily violence economists’ forecasts of a 5.15 million sales pace. The sales rate was adult 17% from a same month […]

Rising home prices rescue underwater homeowners

The Denver suburb of Broomfield.(Photo: George Rose, Getty Images file) Demonstrating a energy of rising home prices, a series of underwater homeowners has forsaken next 10 million for a initial time in some-more than during slightest 3 years. Nationwide, 9.7 million, or 19.8% of homeowners with a mortgage, due some-more on their homes than they […]