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.
Pending Home Sales Highest in 3 Months
A modest up tick in the volume of contracts written on pre-owned houses put the level of pending home sales at the highest level in three months.
Real Estate Technology Startup Raises $2.3 Mil
A startup real estate technology company has raised millions of dollars that it will use to simplify the process of buying residential properties.
U.S. Home Values Surpass Pre-Crisis High
A closely watched measure of the nation's residential property values has ascended above the peak reached before the Great Recession.
Home Prices Continue Rising
Home prices moved higher on a monthly, quarterly and annual basis. Year-over-year gains were biggest in the West, while Eastern states led month-over-month gains.
New Home Sales Fade
Despite a spike in new home construction, the rate of new home sales weakened last month. The Midwest led the decline.
9-Year High for Existing Home Sales
The annual rate of existing home sales climbed to the highest level in nearly a decade as home shoppers sought relief from the summer's tight inventory.
Home Construction Spikes, Midwest Activity Strong
The pace of residential construction started turned solidly higher last month. The Midwest saw huge gains in permits and completed construction.
Mortgage Bankers Cut 2017 Refinance Forecast
The nation's mortgage bankers have grown less optimistic about the volume of refinance originations during the first half of next year.
New Homebuyer Traffic Up, Builder Expectations Off
An improvement in buyer traffic for new houses offset a drop in expectations by the nation's homebuilders for sales during the spring.