Category: Business » Real Estate

Existing-Home Sales Stumble In February

10:06 am Eastern | Business

After starting the year at the fastest pace in almost a decade, existing-home sales slid in February but remained above year ago levels both nationally and in all major regions, according to the National Association of Realtors.read more »

Home Prices at New High in February Amid Record Low Inventory

20 Mar 13:02 | U.S. News

February home prices reached a new high as steady demand combined with record low inventory drove prices up, according to this month's RE/MAX National Housing Report that surveys 53 metro areas.read more »

Mortgage Rates Hit Multi-Year Highs

17 Mar 10:05 | Business

Mortgage rates increased for a third consecutive week, with the benchmark 30-year fixed mortgage rate rising to 4.44 percent, according to Bankrate.com's weekly national survey. read more »

Mortgage Rates Jump To Nearly 3-Year High

10 Mar 2017 | Business

Mortgage rates increased for a second week in a row, with the benchmark 30-year fixed mortgage rate rising to the highest level since April 2014 at 4.38 percent, according to Bankrate.com's weekly national survey.read more »

Mortgage Rates Rebound Following President's Speech

3 Mar 2017 | Business

Mortgage rates moved up slightly from one week ago, with the benchmark 30-year fixed mortgage rate nosing higher to 4.31 percent, according to Bankrate.com's weekly national survey. read more »

Pending Home Sales Weaken In January

28 Feb 2017 | Business

Insufficient supply levels led to a lull in contract activity in the Midwest and West, which dragged down pending home sales in January to their lowest level in a year, according to the National Association of Realtors.read more »

Mortgage Rates Slide Back

24 Feb 2017 | Business

Mortgage rates pulled back this week, with the benchmark 30-year fixed mortgage rate retreating to 4.29 percent, according to Bankrate.com's weekly national survey. read more »

Existing-Home Sales Jump In January

23 Feb 2017 | Business

Existing-home sales stepped out to a fast start in 2017, surpassing a recent cyclical high and increasing in January to the fastest pace in almost a decade, according to the National Association of Realtors. read more »

When Home Buying, Selling And Renovating, It's An Animal House, Say Realtors

14 Feb 2017 | U.S. News

When making decisions about buying, selling or renovating their homes, Americans, by and large, take their pets' needs into account, according to a new report from the National Association of Realtors. read more »

Surrounding Real Estate Shows Increase In Value If Near Transit Station

13 Feb 2017 | U.S. News

A national meta-analysis led by a UTA researcher shows that single-family property increases only about 2.3 percent when located next to a transit station.read more »

Mortgage Rates Pull Back On Political Uncertainty

10 Feb 2017 | Business

Mortgage rates shifted into reverse this week, with the benchmark 30-year fixed mortgage rate sliding to 4.27 percent, according to Bankrate.com's weekly national survey. read more »

Mortgage Rates Slightly Changed As Fed Holds Steady

3 Feb 2017 | Business

Mortgage rates were only slightly changed this week, with the benchmark 30-year fixed mortgage rate inching higher to 4.33 percent, according to Bankrate.com's weekly national survey. read more »

Mortgage Rates Return To Highest Level In More Than 2 Years

27 Jan 2017 | Business

Mortgage rates reversed course this week, unwinding the decreases seen over the previous three weeks and returning to the levels seen in late December that are the highest since September 2014. read more »

Existing-Home Sales Slide In December But 2016 Sales Best Since 2006

25 Jan 2017 | U.S. News

Existing-home sales closed out 2016 as the best year in a decade, even as sales declined in December as the result of ongoing affordability tensions and historically low supply levels, according to the National Association of Realtors.read more »

Most Expensive Home In The U.S. Lists For $250 Million

23 Jan 2017 | U.S. News

Major luxury developer Bruce Makowsky, known for curating, designing and bringing to life some of the most stunning homes in the country, has unveiled his greatest masterpiece, a brand new $250 million spec home located at 924 Bel Air Road in Los Angeles. read more »

U.S. Home Sales Finish Strong In 2016

18 Jan 2017 | Business

Capped off by a strong December, 2016 was the best year for U.S. home sales since the recession, according to the January 2017 RE/MAX National Housing Report. read more »

Mortgage Rates Slide To Start 2017

6 Jan 2017 | Business

Mortgage rates started off 2017 much differently than they finished up 2016 as mortgage rates pulled back, breaking a streak of nine consecutive weekly increases. read more »

Mortgage Rates Hit 27-Month High

23 Dec 2016 | Business

Mortgage rates climbed for the eighth consecutive week, with the benchmark 30-year fixed mortgage rate zooming to the highest level since September 2014 at 4.31 percent, according to Bankrate.com's weekly national survey. read more »

Existing-Home Sales Forge Ahead In November

22 Dec 2016 | Business

A big surge in the Northeast and a smaller gain in the South pushed existing-home sales up in November for the third consecutive month, according to the National Association of Realtors.read more »

November Home Sales Defy Seasonal Trend

19 Dec 2016 | Business

Despite the typical winter slowdown, November home sales finished 19.1% above a year ago and prices increased 1.4% over October. All but one of the 53 markets in the RE/MAX National Housing Report posted an increased number of sales over November 2015.read more »

More Than One In 10 Homeowners Underwater As Housing Market Nears Full Recovery

16 Dec 2016 | U.S. News

Even as home values approach the highest levels reached during the housing bubble, 11 percent of homeowners with a mortgage are underwater, according to the third quarter Zillow Negative Equity Report. read more »

Mortgage Rates Continue To Climb

16 Dec 2016 | Business

Mortgage rates inched higher, rising for a seventh consecutive week, with the benchmark 30-year fixed mortgage rate rising to 4.18 percent, according to Bankrate.com's weekly national survey. read more »

Mortgage Rates Continue To March Higher

9 Dec 2016 | Business

Mortgage rates nudged higher, rising for a sixth consecutive week, with the benchmark 30-year fixed mortgage rate rising to 4.15 percent, according to Bankrate.com's weekly national survey. read more »

US Home Prices Up 6.7 Percent In October

7 Dec 2016 | Business

CoreLogic's Home Price Index and HPI Forecast for October 2016 shows home prices are up both year over year and month over month.read more »

Mortgage Rates Continue to Rise

2 Dec 2016 | Business

Mortgage rates continued their upward path this week, with the benchmark 30-year fixed mortgage rate rising to 4.13 percent, according to Bankrate.com's weekly national survey. read more »

Pending Home Sales Crawl Forward In October

1 Dec 2016 | Business

Pending home sales were mostly unchanged in October, but did squeak out a meager gain for the second consecutive month, according to the National Association of Realtors. read more »

Mortgage Rates Show Biggest Weekly Increase Since June 2013

18 Nov 2016 | Business

Mortgage rates soared this week, with the benchmark 30-year fixed mortgage rate rising to 4.01 percent, according to Bankrate.com's weekly national survey. read more »

Architect Of Multi-Million Dollar Real Estate Deed Theft Scheme

14 Nov 2016 | Business

Mazen Alzoubi, a longtime Southern California real estate investor, has been sentenced to 75 months in custody for leading a scheme to steal title to homes and then “sell” the properties to unsuspecting buyers – before the buyers realized who the true owners were and before the true owners could put a stop to the sale. read more »

Millennials Most Impacted By Housing Crisis

8 Nov 2016 | U.S. News

The cost of renting an apartment or buying a home in the County of San Diego is mostly out of reach for Millennials.read more »

Mortgage Rates Inch Higher

4 Nov 2016 | Business

Mortgage rates were slightly higher this week with the benchmark 30-year fixed mortgage rate inching to 3.69 percent, according to Bankrate.com's weekly national survey. read more »

First-Time Home Buyers, Single Women Gain Traction In Market

1 Nov 2016 | Business

The quickening pace of home sales over the past year included a small rebound from two key segments of buyers who have been missing in action in recent years: first-time buyers and single women.read more »

First-Time Buyers Steer Existing-Home Sales Higher In September

21 Oct 2016 | Business

Existing-home sales rebounded strongly in September and were propelled by sales from first-time buyers reaching a 34 percent share, which is a high not seen in over four years, according to the National Association of Realtors. read more »

Gap Between Appraisals and Perceived Home Value Narrows in September

12 Oct 2016 | U.S. News

Quicken Loans says appraisals lagged behind what homeowners estimated by 1.26 percent in September, according to the company's national Home Price Perception Index (HPPI). read more »

Pending Home Sales Retreat In August

30 Sep 2016 | U.S. News

After bouncing back in July, pending home sales cooled in August for the third time in four months and to their lowest level since January, according to the National Association of Realtors. read more »

Mortgage Rates Fall To Nearly 3-Month Lows

30 Sep 2016 | Business

Mortgage rates pulled back this week to levels not seen since early July, with the benchmark 30-year fixed mortgage rate falling to 3.54 percent, according to Bankrate.com's weekly national survey. read more »

Home Price Gains In July Slow: S&P CoreLogic Case-Shiller Indices

28 Sep 2016 | U.S. News

The latest results for the S&P CoreLogic Case-Shiller Indices for July 2016 shows that home prices continued their rise across the country over the last 12 months. read more »

U.S. Home Inventory Falls For Fifth Straight Quarter

22 Sep 2016 | U.S. News

Trulia has released a report that finds inventory falling for the fifth straight quarter, pushing home affordability further out of reach for more Americans. read more »

Study Finds Real Estate Firms Have Positive Outlook, Despite Sales Volume Decrease

21 Sep 2016 | Business

The vast majority of real estate firms have an optimistic outlook for the future of the industry's profitability and growth, according to the National Association of Realtors 2016 Profile of Real Estate Firms. read more »

U.S. Home Prices Near 10-Year Peak But Don't Signal Housing Bubble

20 Sep 2016 | Business

House prices nationally have risen significantly since the mortgage crisis, but "healthy fundamentals" in the majority of local housing markets signify that another housing bubble isn't imminent, according to a forward-looking housing barometer released by Nationwide. read more »

Ten Eastern California Real Estate Investors Sentenced For Roles In Bid-Rigging

15 Sep 2016 | Business

Ten Eastern California real estate investors have been sentenced for their participation in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Eastern California.read more »

Silicon Valley Most Expensive Place To Live In The United States

9 Sep 2016 | U.S. News

For the third time in five years, the technology capital of the world ranked as the most expensive place to live in the United States in the Coldwell Banker Real Estate Home Listing Report (HLR). read more »

Best And Worst Metro Areas For Homeowners

1 Sep 2016 | Business

Portland, Ore., Phoenix, Atlanta, Las Vegas and Minneapolis/St. Paul are the best metropolitan areas for homeowners, according to a new Bankrate.com report.read more »

Home Price Gains In June Concentrated In South And West

31 Aug 2016 | Business

S&P CoreLogic Case-Shiller Indices data released for June 2016 shows that home prices continued their rise across the country over the past 12 months.read more »

Mortgage Rates Show Little Movement

26 Aug 2016 | Business

Mortgage rates posted only slight changes this week, with the benchmark 30-year fixed mortgage rate inching to 3.57 percent, according to Bankrate.com's weekly national survey. read more »

Existing-Home Sales Lose Steam in July

25 Aug 2016 | Business

Slowed by frustratingly low inventory levels in many parts of the country, existing-home sales lost momentum in July and decreased year-over-year for the first time since November 2015, according to the National Association of Realtors. read more »

Mortgage Rates In Holding Pattern

19 Aug 2016 | Business

Mortgage rates posted only subtle movements this week, with the benchmark 30-year fixed mortgage rate holding at 3.56 percent for a third consecutive week, according to Bankrate.com's weekly national survey. read more »

More Than One-Third Of Employees Are Always Searching For Their Next Job Opportunity

19 Aug 2016 | Business

Known as "Continuous Candidates," more than one-third (37%) of employees across the globe are always looking for their next job opportunity, according to a global study of job seekers conducted by ManpowerGroup Solutions. read more »

$100 Million Sales Of Playboy Mansion Closes

17 Aug 2016 | Business

Daren Metropoulos, a principal at investment firm Metropoulos & Co., has closed on his purchase of the Playboy Mansion at a sale price of $100 million. read more »

Real Estate Investors Plead Guilty To Rigging Bids At Public Home Foreclosure Auctions

15 Aug 2016 | U.S. News

Two Georgia real estate investors have pleaded guilty for their roles in bid-rigging and fraud conspiracies committed at public real estate foreclosure auctions in Georgia. read more »

Mortgage Rates Remain At 2nd Lowest Level Of 2016

12 Aug 2016 | Business

Mortgage rates were little changed despite a strong jobs report for July, with the benchmark 30-year fixed mortgage rate remaining at 3.56 percent, according to Bankrate.com's weekly national survey. read more »

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