But a lack of construction appears to blame
Real Estate
Millennials Put Their Surprising Stamp on the American Dream
Shaped by the times, Millennials dream about travel and self employment–and staying far off the corporate ladder.
Finally, Some Exceptionally Good News About Foreclosures
Real Estate analytics firm Core Logic announced Wednesday that there were a total of 620,111 foreclosures across the country in 2013, a 24% decline from 2012 when 820,000 homes were foreclosed upon.
New Home Sales Fall For Second Straight Month
But annual level is best since 2008
Canada Has Its Own Housing Bubble—And It’s About to Burst
Ever since the real estate bubble burst in the United States in 2007, observers have pointed to Canada as an example of a well-regulated financial system that has avoided many of the regulatory mistakes that helped lead to an …
This One Chart Shows Why We Shouldn’t Fear Another Real Estate Meltdown
The Housing market had a great year in 2013, with the last reading of the Case-Shiller housing index showing a more than 13% appreciation of home prices year-over-year. The rapid ascent in prices however, has some pundits worried …
Why the Home-Building Industry is About to Take Off
Good news for the construction industry this morning: The Commerce Department announced that on a seasonally-adjusted basis there were 1,091,000 new residential construction projects begun in November, a 22.7% increase, or the …
Why Santa Won’t Deliver Toys Via Chimney For Much Longer
For more than a century, American children have waited eagerly for Santa to deliver their presents on Christmas Eve. And of course, Santa’s preferred ingress for just as long has been the chimney. But according to this chart from …
The 10 Hottest Real Estate Markets Around the World
It’s a good time to buy in Dubai
This Man Wants to Lower Your Mortgage Payment
The Federal Housing Finance Authority — overseer of housing giants Fannie Mae and Freddie Mac — finally got a new Director when North Carolina Congressman Mel Watt was confirmed to the post by the Senate yesterday. The move was …
New Data Hint At Accelerating Economic Recovery
While some economy watchers have been disappointed by lackluster retail sales over the long Black Friday weekend, two other data points released Monday suggest the economic recovery is picking up steam.
The Institute for …
Home Prices Rise, Though Not as Fast as Before
Data from two national sources confirmed that housing prices continued to rise in September, posting a solid past 12 months, although price acceleration appears to be slowing.
The S&P/Case-Shiller 20-City Home Price Index was up 0.7% in September over August, and 13.3% year-over-year. The Federal Housing Finance Agency Home Price …