Latest news on ‘Real Estate’
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U.S. Existing Home Sales Rose 10% to 4.53 Million Rate
Bloomberg – Sales of U.S. existing homes rose in September by the most on record, a sign cheaper borrowing costs are helping stabilize an industry that’s battling the headwinds of [...]
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Foreclosures Make Up 24% of Home Sales
Foreclosed homes accounted for 24% of all residential sales in the second quarter of the year, according to the latest data from RealtyTrac, a firm that monitors the foreclosure market. [...]
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Houston’s July foreclosure rate highest in 19 months
Houston’s foreclosure rate hit a 19-month high in July.
At the same time, July’s percentage of local mortgage loans that were at least three months delinquent represented the sixth straight month [...] -
Bank Repossession of Homes Sets New Record in August
CNBC – he nation’s banks repossessed a record number of homes in August, according to industry sources. RealtyTrac, an online foreclosure sale site, will release its monthly numbers on Thursday, [...]
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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 [...]
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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 [...]
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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 [...]
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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 [...]
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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 [...]
