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Real Estate News


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Last Updated October 16, 2018 4:06 PM Central


Northeast Leads Builder Confidence Higher
A jump in builder confidence in the Northeast led the national level modestly higher this month. Behind the improvement were strong economic conditions and lower lumber prices.

Nationstar Affiliate Laying Off Dozens in Texas
The real estate buying platform affiliated with Nationstar Mortgage Holdings Inc. is laying off dozens of North Texas employees as it sifts through a recent acquisition.

Sen. Warren Introduces Housing Bill
Sen. Elizabeth Warren has introduced housing legislation that she says will eliminate the housing supply shortage and create more than a million new jobs. The proposed law would be funded through higher taxes on wealthy families.

Freddie to Buy Shared Equity Mortgages
In an effort to support homeownership in low-to mid-income markets, Freddie Mac will join its secondary mortgage cousin in purchasing shared-equity mortgages.

New Homes Sales Up 1st Time in 3 Months, NE Soars
New house sales turned higher for the first time in three months, with sales surging in the Northeast. But experts worry about the effects of the hurricane, rising rates and escalating home prices.

SF Drives Up Completed Constr, MF Leads Starts Up
Multifamily led a surge in new construction last month, while single-family activity drove up completed construction. But activity is likely to slow based on new permits.

Builders Say New Tariffs Are Devastating
Optimism within the home-building industry remained at its lowest level in 12 months, and pessimism is setting in as a result of a new round of tariffs.

CoreLogic Expects a Monthly Drop in Home Prices
While the country's home values continued to escalate, CoreLogic Inc. expects that when last month's final numbers are tallied, values will be lower than in the preceding month.

Short Supply Pushes Home Buyers To Tipping Point
An ongoing inadequate supply of residential properties for sale has pushed prospective homebuyers to a tipping point and driven down year-over-year listings seven months in a row.

Home Prices Gains Led by Sin City, Silver State
U.S. home prices continued to escalate thanks to historically low interest rates and a persistently tight supply of properties for sale. Las Vegas and its host state saw the biggest gains.


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