Pending home sales tumble somewhat in July

Signed contracts to buy homes fell in Jul as aloft debt seductiveness rates slowed a market, according to a National Association of Realtors. The tentative home sales index declined declined 1.3% in Jul from June, though was 6.7% above year progressing levels, a organisation conspicuous Wednesday. “The medium decrease in sales is not nonetheless concerning,” […]

July existing-home sales strech four-year high

“The distance of a boost was a surprise,” given a series of people requesting for mortgages has forsaken neatly given rates began to arise in early June, pronounced Patrick Newport, an economist during IHS Global Insight. Sales are expected to “plunge” in Aug to equivalent July’s surge, he said. Mortgage rates have been rising usually […]

Southern California home marketplace cools; prices sojourn flat

The region’s median home cost in Jul remained prosaic from a month earlier, during $385,000, genuine estate organisation DataQuick pronounced Wednesday. The total followed a record-setting June, when a median cost rose 4.6% over a prior month and 28% year-over-year, a top commission given DataQuick started tracking a statistic in 1989. The cooling off came […]

Rising debt rates strike home affordability

A sale tentative pointer is posted in front of a home for sale in San Anselmo, Calif.(Photo: Justin Sullivan, Getty Images) SHARECONNECT 74 TWEETCOMMENTEMAILMORE The many talked-about liberation of a housing market, that has buoyed home sales adult from retrogression lows, has come about by involvement from a Federal Reserve, record low seductiveness rates, and […]

Pending home sales in May strike six-year high

Developers have sealed squeeze contracts for 7 of a initial 11 new homes built or underneath construction on Brooks Court in a 19th Ward.(Photo: Jim Goodman staff photographer) WASHINGTON (AP) — The series of people who sealed contracts to buy U.S. homes jumped in May to a top turn in some-more than 6 years, suggesting […]

Mass. home prices arise 14%

The median cost for a single-family home in Massachusetts rose to $313,000 final month, scarcely 14 percent aloft than during Apr 2012 as increasingly fervent buyers and a singular register of houses on a marketplace total to pull adult values, information expelled Wednesday show. April noted a seventh uninterrupted month of rising home prices, according […]

Pending home sales strike three-year high

WASHINGTON | Thu May 30, 2013 10:05am EDT WASHINGTON (Reuters) – Contracts to buy formerly owned U.S. homes rose to their top turn in 3 years in April, though a necessity of properties for sale could delayed down a momentum. The National Association of Realtors pronounced on Thursday a Pending Home Sales Index, formed on […]

New home prices hold record high

Finishing touches are being put on new homes underneath construction final month in Carlsbad, Calif.(Photo: Lenny Ignelzi AP) Sales of new homes rose in Apr to a second top spin given a summer of 2008 while a median cost for a new home strike a record high, serve signs that housing is recovering. New-home sales […]

RealtyTrac: US Home Repossessions Fell…

Fewer U.S. homes entered a foreclosure routine or were repossessed by lenders final month, a latest denote that a nation’s foreclosure woes are waning. Nationally, home repossessions fell 20 percent in Apr from a prior month and were down 32 percent from a year earlier, foreclosure register organisation RealtyTrac Inc. pronounced Thursday. Foreclosure starts, a […]

RealtyTrac: US home repossessions fell in March

By By ALEX VEIGA, AP Real Estate Writer – 3 hours ago  LOS ANGELES (AP) — The series of U.S. homes repossessed by lenders final month fell to a lowest turn in some-more than 5 years, a latest justification that a nation’s foreclosure predicament is reducing amid an improving housing market. While some states still […]