May's Housing Starts Fall Short of Predictions but Hit 5-Year High

The pullback in new construction last month reflected a drop in one of housing's most volatile sectors. Continue Reading »

Home Repossessions Picked Up in May, RealtyTrac Reports

The May numbers reflect a rise in homes entering the foreclosure process in 2012, many of which became bank-owned properties. But there are still significantly fewer repossessions than a year ago. Continue Reading »

Rising Home Prices Keep Lifting Underwater Mortgages, Report Says

In the past year, 1.7 million borrowers have regained positive equity, a new CoreLogic report says, but the percentage of mortgage-holders who are underwater on their homes is still in the double digits. Continue Reading »

Repurposed Schools Offer Lessons in 'Ultimate Form of Recycling'

A repurposed school in Detroit finds a new life as a movie theater as it and many others U.S. cities search for new uses for shuttered public buildings. Continue Reading »

Why You Missed the Boat On Record-Low Mortgage Rates

Say goodbye to ultra-low mortgage rates. In the past month, rates have been on the rise and they are expected to continue to climb. Continue Reading »

5 Most Overvalued Housing Markets in America

Home prices are rebounding so much in some U.S. cities that property values have actually risen beyond what local economic fundamentals justify. Continue Reading »

Rising Interest Rates Won't Stop Housing Recovery, Group Says

The housing recovery is on a normal trajectory and gradual increases in interest rates won't slow it down, Lennar CEO Stuart Miller said. Continue Reading »

McMansions Are Making a Comeback

As the economy continues to improve, America's love affair with the oversized McMansion has been reignited. Continue Reading »

New Home Sales Up 2.3% in April as Median Price Hits Record High

Sales of new homes rose in April to the second highest level since the summer of 2008 while the median price for a new home hit a record high, further signs that housing is recovering. Continue Reading »

China's Real Estate Market: A Bubble About To Burst?

China measures GDP by what is built, unlike the U.S., which measures growth by what's bought and sold. That could lead to economic disaster. Continue Reading »

Obama's Pick for Housing Agency Head Faces Big Headaches

Washington has mixed feelings about President Barack Obama's new housing agency pick. Continue Reading »

U.S. Pending Home Sales Rise In March, NAR Says

Contracts to purchase previously owned U.S. homes rose in March, as the housing market continues to accelerate this year. Contracts last month reached the highest level since April 2010. Continue Reading »

How Climate Change Might Make Some Cities 'Uninhabitable'

Where not to live in the future, as a result of climate change. Environmentalists warn that some areas of the United States are not only especially vulnerable to the negative effects of climate change but are becoming dangerous and downright uninhabitable. Continue Reading »

Lessons for Boston in New York City's Recovery From 9/11?

By Colin Croughan and Graham Wood Realtor Vickie Cox can't help but think about her native New York as Boston struggles to cope with the tragic bombings at Monday's Boston Marathon. She's an agent at the Rye, N.Y., office of Sotheby's International Realty -- a suburb just 20 minutes outside of New York City -- and ... Continue Reading »

U.S. Housing Starts Surpass 1 Million in March

U.S. builders broke ground in March on homes at a seasonally adjusted rate of 1.04 million, the fastest since June 2008. The gain was driven by a surge in apartment construction and showed continued strength in the housing market at the start of the spring-buying season. Continue Reading »

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