Military Buyers Spur VA Loan Program to Record Year
More and more veterans are using these flexible, $0 down loans to crack the housing market during a time of tight credit and limping wages.
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U.S. Housing Starts Dropped 2.5% in December
Home-building in the U.S. slipped unexpectedly in December, with declines in both single-family and apartment-building construction despite unusually mild winter weather.
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Home Buyers May Get Helping Hand From Stock Meltdown
The Federal Reserve recently raised interest rates, U.S. stocks are tumbling and new worries about the Chinese economy seem to emerge daily. So go ahead and buy that house you’ve been looking at.
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Emerge as House Prices Climb in November: CoreLogic
U.S. home prices rose 0.5% in November, representing a 6.3% gain from the same month in 2014, CoreLogic said Tuesday.
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Pending Home Sales Sputter in November
Lawrence Yun, NAR’s chief economist, blames the disappointing November numbers on the usual suspects: rising prices and a dearth of available homes.
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U.S. Home Price Growth Strengthened in October
The 10-city index gained 5.1% from a year earlier, compared with a 4.9% increase in September. The 20-city index gained 5.5% year-over-year compared with 5.4% a month earlier.
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U.S. Apartment Rents Leap at Fastest Pace Since Crisis
Apartment rents increased faster last year than at any time since 2007, a boon for landlords but one that has stoked concerns about housing affordability for renters.
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Good News for Underwater Homeowners?
Call them the invisible victims of the housing collapse: The millions of homeowners who’ve spent nearly a decade dutifully making mortgage payments on homes worth less than the balance of their loans. Known as “being under water,” many in this crowd were never in danger of losing their home. But that doesn’t mean they didn’t suffer.
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