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Latest news on ‘Real Estate’

  • Pending home sales rise 5.2 percent in July

    WASHINGTON (AP) — The number of buyers who signed contracts to purchase previously occupied homes increased in July but remained well below last year’s levels, a sign that demand for [...]

  • Consumer confidence and home prices edge up

    NEW YORK (Reuters) – U.S. consumer confidence edged up in August while prices for U.S. homes gained more than expected in June, providing a little relief for those concerned about [...]

  • U.S. foreclosures fall but new delinquencies up-MBA

    (Reuters) – The number of U.S. homes headed for foreclosure fell during the second quarter, marking the first such drop since the housing slump began in 2006, but the improvement [...]

  • Toll Brothers Turns A Profit, Pleases The Street

    It took a lot of help from tax breaks, but high-end homebuilder Toll Brothers ( TOL – news – people ) managed to turn a profit during its fiscal third [...]

  • Sales of existing homes plunge to 15-year-low

    By Ariana Eunjung Cha
    Sales of previously built single-family homes plunged in July to their lowest level since May 1995 as job fears trumped today’s low mortgage interest rates and relatively [...]

  • Housing Fades as a Means to Build Wealth, Analysts Say

    NY Times – Housing will eventually recover from its great swoon. But many real estate experts now believe that home ownership will never again yield rewards like those enjoyed in [...]

  • Geithner pushing housing policy change

    WASHINGTON (Reuters) – Treasury Secretary Timothy Geithner said on Tuesday fundamental change is needed in the housing industry but appeared to back some mortgage guarantee.
    Following are highlights from the Obama [...]

  • U.S. Homebuilder Confidence Unexpectedly Drops to Lowest Since March 2009

    Builders in the U.S. unexpectedly turned pessimistic in August, a sign the expiration of a government tax credit will keep depressing home construction.
    The National Association of Home Builders/Wells Fargo confidence [...]

  • Fed official calls low rates a `dangerous gamble’

    WASHINGTON — Keeping interest rates at record lows is a “dangerous gamble” that could hurt the economy later on by unleashing inflation or new speculative bubbles, a Federal Reserve official [...]

  • Mortgage rates hit fresh lows on soft U.S. economy

    Reuters – Home loan rates set new lows in the latest week on more evidence of a soft U.S. economy and high unemployment, home funding company Freddie Mac said on [...]

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