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WASHINGTON - Average U.S. rates for 30-year and 15-year fixed mortgages fell to record lows for the third straight week.
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May 11--An uptick in home prices could signal stabilization in the housing market, but the sustainability of those rising prices has some analysts concerned.
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May 9--Area housing prices will rise this year amid a strong local economy and a limited supply, economist Ted C. Jones said Tuesday at an annual symposium on real estate and the economy.
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May 3--The median sale price of an existing single family home in the Bakersfield area rose to $145,000 in April, a 9.5 percent increase from March and up 14.3 percent from a year ago.
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Texas Association of Realtors releases 2012-Q1 edition of the Texas Quarterly Housing Report
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The answer depends on the answer to another question: Is the downturn cyclical or secular?
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The Improving Markets Index is off to a good start. Launched last month by the NAHB and First American, the index?which defines "improving" as having posted gains in employment, home prices , and single-family housing permits for six consecutive months?nearly doubled its list of qualifying markets...
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Single-family home prices notched their fourth straight month of increases in July, moving up 0.9% across the 20 major markets measured by the S&P/Case-Shiller Home Prices Indices released Tuesday morning. The 10- and 20-City Composite Indices were each up 0.9% in July over June, with 17 of the 20...
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Sales of new single-family homes slipeed 2.3% from July to a seasonally adjusted annual rate of 295,000 in August, the U.S. Census Bureau and Department of Housing and Urban Development reported Monday. The rate was 6.1% ahead of August 2010 and met the Wall Street estimate. Prices fell as well.
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Sales of existing single-family, coop and condominium homes rose 7.7% to a seasonally adjusted annual rate of 5.03 million in August from an upwardly revised 4.67 million in July, 18.6% higher than the pace of August 2010 and well ahead of the 4.75 million pace expected by Wall Street...
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New-home construction fell to a three-month low in August, driven down by big drops in the multifamily sector, the often volatile Northeast and in single-family building in the Midwest. The Commerce Department said Tuesday that starts in August were at a seasonally adjusted annual rate of 571,000...
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Sales of existing, single-family detached homes in California jumped 8.6% from July to a seasonally adjusted annual pace of 497,390, up 10.2% from August of last year, the California Association of Realtors reported Thursday. The median price rose modestly to its highest level of 2011.
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IN TODAY'S POST-HOUSING CRASH WORLD, a family's biggest purchase—a home—no longer necessarily equates to it being the best investment. Against the backdrop of this sad truth, the business of selling new homes has become increasingly more focused on the economics of homeownership than just the...
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The National Association of Home Builders (NAHB) was out Wednesday with its first ever NAHB/First American Improving Markets Index (IMI), a compilation of data from metropolitan areas that have shown improvement for at least six months in three key metrics--housing permits, employment and housing...
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It can mean a new source of revenue, but it also can distract builders from their primary mission building and selling the American dream
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Sales of new single-family houses in July fell 0.7% from June to a seasonally adjusted annual rate of 298,000, the lowest level in five months, the U.S. Census Bureau and Department of Housing and Urban Development reported Tuesday. The rate remained 6.8% above July last year, which was slowed by...
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Sales of existing single-family, coop and condominium homes fell 3.5% in July to a seasonally adjusted annual rate of 4.67 million in July, significantly below Wall Street expectations of a rate of 4.9 million and the lowest level of the year, the National Association of Realtors reported Thursday...
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Builders started fewer houses in July and pulled permits for even fewer, the Commerce Department reported Tuesday. The data was roughly in line with Wall Street expected. Starts in July dropped 1.5% from June to a seasonally adjusted annual rate of 604,000, 9.8% above the pace of a year earlier...
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Americans grew more pessimistic over job loss, the economy and home ownership in the second quarter of 2011, according to Fannie Mae's latest quarterly National Housing Survey, released Monday. The survey of 3,002 adults found that 64% said they believed the economy is on the wrong track, a high...