The real estate market continues to flatline throughout most of the country. But in Washington, D.C., housing prices are up a smidgen (0.3%) from the previous month. More importantly, year-over-year prices have risen by 1.3%, a …
When the housing bubble popped — in 2006, 2007, or 2008, depending on where you were — chances are that the value of your home took a nose dive. But who got hit worse, the top of the market or the bottom?
If you are interested in buying a home, chances are you need a mortgage — and the first step toward a mortgage is a prequalification (or its cousin, pre-approval) letter. You provide your lender with basic financial information, and in return you receive a written offer to provide you with financial backing for a home purchase.
When Jim Jordan suffered through a foreclosure, it wasn’t just about the family house. The Costa Mesa, Calif. ranch house that he grew up in (but no longer lived in) was host to a gigantic Christmas display. Sure, there was Santa on the roof with reindeer — but there was also an array of Charles Schultz “Peanuts” characters that drew …
Increasingly in some states, foreclosure is like a Roach Motel: Houses come in, but they don’t get out. This has led to an egregious statistic in the new issue of Mortgage Monitor, a report from data-tracker LPS Applied …
September housing prices, as measured by the S&P/Case-Shiller Housing Index, are out, and they’re down 3.6% year-over-year. This continues a trend that we’ve seen since the summer: Housing prices continue to fall, but more slowly …
It’s easy to drown in real estate statistics, but looking at “affordability” — the homes that someone on a median income could buy — is a fascinating gauge of housing markets. (Plus, it’s a statistic that can be fine-tuned to …
A new analysis of foreclosures shows that the expression “safe as houses” could be expanded to “safe as houses in a really great school district.”
As a nation, we’re collectively late with our payments again. For one, the rate of 60-day delinquencies among homeowners — basically two missed mortgage payments — rose in the September quarter, according to TransUnion. The jump from 5.82% to 5.88% is the first rise in the delinquency rate in two years.
Is the Federal Reserve going to start buying bonds again to stimulate the economy? Some 69% of economists polled in a Bloomberg News survey think so, with 36% of those tagging the first quarter of 2012 as the time for such action.
Anyone looking for evidence that there are two Americas should check out the latest round of real estate statistics.
On the one hand, the financial-analytics company FiServ warns that home prices are expected to fall 3.6% by …
Housing prices of 20 cities were flat from July to August, according to the latest S&P/Case-Shiller housing index. Year-over-year and on a seasonally adjusted basis, the composite 20 index was down 3.8% from August of last year. …
