Remodeling Activity Likely to Rise
Several factors point to increased residential remodeling activity, which could bode well for lenders that make home-equity lines of credit.
Northeast Leads Rebound in New Home Sales
A more than doubling of new home sales in the Northeast helped the nation as a whole to swing from a decline to an increase last month.
Softening in Existing Home Sales Led by West
Following a healthy improvement during September, existing home sales slowed last month. Home sales in the West fell the most.
Mortgage Bankers Raise Refinance Forecast Again
Just a month after increasing the volume of expected refinance transactions for this year, mortgage bankers are at it again.
Down Payments on Home Purchases Increase
Faced with an increasingly competitive housing market, homebuyers increased the size of their down payments on home purchases.
Building Permits Rise But Fewer Homes Completed
Although the pace of building permits for residential properties accelerated, there was a month-over-month decline in the rate of homes completed.
Realtors Criticized for Faulty 1st-Time Buyer Data
Home sales data recently published by the nation's Realtors indicating that first-time homebuyers account for a shrinking share of the market is just plain wrong, according to a new report.
Home Builders Grow Less Optimistic
After climbing to the highest level in a decade, home builder confidence deteriorated this month thanks to land and labor shortages.
Real Estate Agents Report TRID Closing Delays
One out of every five home purchases are being impacted as a result of new requirements from the Integrated Disclosure Rule, a survey of buyer real estate agents suggests.
Appraisals Adjustments Hurt Home Sales Transactions
Subjective adjustments to the estimated value of a home by appraisers can be substantial and get in the way of a loan closing.