Mortgage Executive Outlook Increasingly Weaker
The outlook among senior lending executives for home values and mortgage demand has grown increasingly weaker over the course of this year.
New Home Activity Slower Than Expected
New home activity last month was slower than anticipated, and weather conditions might have played a role in the disappointing numbers.
New and Pending Home Sales Disappoint
Separate reports on new home sales and pending home sales provided little optimism about the U.S. housing market.
GSEs to Relax Policy on REO Sales to Former Owners
Fannie Mae and Freddie Mac are relaxing their policies on the sale of foreclosed properties to the former owners.
Existing Home Sales Beat Expectations
With strengthening employment and the recent decline in interest rates and home prices, home buyers were busier last month than analysts had expected.
Building Permits Hit 6-Year High
Despite a drop in new multifamily construction, new building permits climbed to the highest level in six years.
Home Builders Grow Increasingly Confident
Growing confidence among U.S. consumers is spilling over into the nation's home building sector heading into the holidays.
Watt: New Normal Ahead
The head of the Federal Housing Finance Agency told real estate agents and brokers that a new normal is eventually ahead for mortgage lending.
Negative Equity Could Impact Florida Elections
Election outcomes in Central Florida are likely to be influenced by voters in distressed real estate markets who owe more than their homes are worth.
Homeownership Rate at Nearly 2-Decade Low
It's been nearly two decades since the rate of homeownership has been this low. Behind the declining share are lending restrictions, an uncertain job market and higher home prices.