Category: Real Estate News
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Mortgage applications fall as home buyers balk
A slight drop in interest rates is resuscitating the refinance market, but it is not doing much to juice home buying.
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Will Chinese buyers flee or flood US housing?
Will trouble in the Chinese stock market translate into more or less cash coming into American neighborhoods?
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Home prices hit new highs in 10 states
A limited supply of listings continues to push home prices higher—so much so that 10 states and D.C. hit new peaks in May.
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Big investors buy fewer homes but see bigger gains
Large investors are holding on to what is becoming an increasingly lucrative asset: The single-family rental home.
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Short supply pushes Tampa home prices higher
The median price of a Tampa home sold in May jumped 12.4 percent from a year ago to $204,000 in May, says the local Realtors group.
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US housing stages ‘lopsided’ recovery
The Financial Times explores the housing market’s recovery and why it could be called “lopsided.”
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US home prices up 4.9% in April: S&P/Case-Shiller
Home prices continued to rise in April, but at a slower pace than the previous month, according to the latest S&P/Case Shiller Index report.
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Pending home sales rise just 0.9% in May
A spike in interest rates may have slowed pending home sales in May, but year-over-year sales are up 10 percent.
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Families fuel Chicago’s downtown
Because downtown Chicago is relatively affordable, families are waiting longer before moving out to the suburbs.
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Wealthier boomers shun homeownership
Homeownership is at its lowest level in 25 years, in part, because older, more affluent Americans prefer to rent.