Drop in Pending Home Sales Led By West
The volume of monthly contracts written on existing residential properties for sale turned lower, with activity in the West leading the drop.
Wells Helps Over 2k With Downpayment Help in 2016
More than 2,000 home-purchase transactions were enabled this year as a result of a Wells Fargo & Co. program that provides down payment assistance.
Florida Metros Lead Monthly Home Price Growth
On a month-over-month basis, cities in Florida dominated home price gains. On a year-over-year basis, a pair of Northwest cities continued to lead.
Midwest Leads Gain in New Home Sales
A sharp month-over-month increase in new home sales in the Midwest region was out front of an improvement on a national basis.
Home Values and Prices Move Higher
National home values and Home Price Indices have gained more than 6 percent on a year-over-year basis, though one forecast has a smaller gain over the next year.
NE Leads Existing Home Sales to Nearly Decade High
Just one month after the rate of existing home sales climbed to the highest level in nearly a decade, sales moved even higher. The Northeast led the rise.
Completed Construction Soars to Nearly 9-Year High
New home construction was completed at a pace that hasn't been seen in nearly nine years thanks to a surge in apartment activity. But multifamily dragged down permits.
Northeast Leads Surge in Builder Confidence
Residential home builders are more optimistic now than they have been in more than a decade. The biggest improvement was in the Northeast.
Q1 2017 Mortgage Origination Forecast Trimmed
A 30-basis-point increase in expected interest rates has led to a small reduction in projected first-quarter mortgage production.
Home Equity Improves as Average LTV Drops
Home lenders' loan portfolios have grown less risky as average loan-to-value ratios have improved and average home equity has grown.