Existing Home Sales Start 2017 Strong, West Leads
Last month, the annual rate of pre-owned residential home sales accelerated from the final month of last year. The improvement was led by sales in the West.
Mortgage Bankers Raise Q1 Refinance Forecast
The volume of refinances expected by the country's mortgage bankers during the first-three months of this year has increased.
Decline in Home Construction Started, Completed
The annual rate of building permits soared to the highest level since 2015. But weakening was reported for construction started and completed.
Sinking Homebuyer Traffic Hurts Builder Confidence
A plunge in homebuyer traffic for new homes drove down the level of confidence among the nation's home builders for the second month in a row.
East Leads Month-Over-Month Home Price Gains
While the most-impressive year-over-year gains in residential property values have been on the West Coast, the East leads month-over-month appreciation.
Another Illegal Fee Settlement at Prospect Mortgage
A little more than a year after Prospect Mortgage LLC settled allegations of illegal fees received by an appraisal affiliate, it has reached another illegal fee settlement.
Pending Home Sales End Year on Positive Note
The nation's supply of residential homes for sale expanded last month, though it's not clear if the improvement will continue into 2017.
Annual New Home Sales Rise, Supply Expands
Despite a month-over-month decline in new home sales, annual activity ascended, and the supply of homes for sale expanded.
2016 Existing Home Sales Highest in a Decade
Despite a drop in the rate of pre-owned home sales last month, 2016 turned out to best year for the nation's existing home sales in a decade.
Mortgage Bankers Trim 2017 Refinance Outlook
For the third month in a row, the nation's mortgage bankers have reduced the volume of refinance production they expect to generate this year.