Jan 18th 2012 4:45PM
WASHINGTON -- U.S. homebuilders are growing a little less pessimistic about the depressed housing market after seeing more people say they might be open to buying a home this year. The National Association of Home Builders/Wells Fargo builder sentiment index rose four points to 25 in January. That's the highest level... Continue Reading »
Dec 27th 2011 11:40AM
WASHINGTON - U.S. home prices fell in most major cities for the second straight month, further evidence that the housing recovery will be bumpy and weigh on the broader economy in 2012. The Standard & Poor's/Case-Shiller index released Tuesday showed prices dropped in October from September in 19 of the 20 cities... Continue Reading »
Dec 20th 2011 10:00AM
WASHINGTON -- A surge in apartment construction gave homebuilders more work in November. And permits, a gauge of future construction, rose 5.7 percent, spurred by a jump in apartment permits. The 16 percent rise in permits provides hope for the housing market, though 2011 is still shaping up as one of the worst years in... Continue Reading »
Dec 19th 2011 12:20PM
WASHINGTON -- Rising interest from would-be buyers is leaving U.S. homebuilders less pessimistic about the housing market. But tighter lending standards are still keeping many potential buyers from purchasing new homes. The National Association of Home Builders/Wells Fargo builder sentiment index rose two points to 21 in... Continue Reading »
Dec 7th 2011 10:15AM
NEW YORK -- If the U.S. economy does not suffer more setbacks, the rate of mortgage holders behind on their payments should decline significantly by the end of next year, according to credit reporting agency TransUnion. Mortgage delinquency rates -- the ratio of borrowers 60 or more days behind on their payments -- will... Continue Reading »
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