Category: Real Estate News
-
New home sales jump to 7-year high in May
The data follows several strong reports over the last few weeks, suggesting the economy was gaining speed in Q2.
-
Soaring home prices not a ‘bubble’: Realtors
Near their highest levels ever, median home prices are still not reflecting a “bubble.” A housing economist explains why.
-
Will 2 million ‘boomerang buyers’ ignite housing?
About 700,000 boomerang buyers will be eligible for credit again this year, and up to 2.2 million over the next five years.
-
Govt lifts ‘robosigning’ restrictions on certain banks
Restrictions against some firms stemmed from foreclosures that had not actually been reviewed before signing.
-
Why aren’t more homes being built?
More than 60 percent of builders surveyed in May reported that the overall supply of developed lots is low.
-
What happens when tech workers come to town
Technology workers are leaving Silicon Valley and moving to new cities—and it’s impacting housing prices, a study found.
-
‘Move-up’ buyers drive San Diego housing
A resurgence in the move-up buyer, who had been stuck in place during the recession, is boosting San Diego’s housing sales.
-
Banks annihilating ‘zombie’ foreclosures
Homes that sat vacant but not repossessed are now being pushed aggressively through the foreclosure process as home prices rise.
-
Borrowers rush to buy homes as rates spike
Interest rates rose to the highest level this year, but mortgage applications surged. Here’s why.
-
Help for homeowners fails their troubled mortgages
Efforts by borrowers and the government to help many homeowners have not kept them from the risk of losing their houses.