Apr 10th 2012 2:00PM
By Kerri Panchuk A new Fannie Mae study suggests Americans are beginning to consider 2012 a good year to acquire a home. The government sponsored enterprise released its March National Housing Survey of just over 1,000 Americans and found more citizens expect rents and home prices to increase in the coming months, making... Continue Reading »
Feb 29th 2012 12:15PM
WASHINGTON -- Mortgage giant Fannie Mae said Wednesday that it lost money in its fourth quarter and is asking the federal government for $4.57 billion in aid to cover its deficit. Washington-based Fannie said it lost $2.41 billion in the October-December quarter, stung by declining home prices. Revenue was $4.53... Continue Reading »
Feb 24th 2012 11:15AM
WASHINGTON -- Sales of new homes dipped in January but the final quarter of 2011 was stronger than first estimated. The Commerce Department said Friday that new-home sales fell 0.9 percent last month to a seasonally adjusted annual rate of 321,000 homes. That followed four straight months of gains in which home sales rose... Continue Reading »
Feb 22nd 2012 3:50PM
WASHINGTON -- The housing market is flashing signs of health ahead of the spring buying season. Sales of previously occupied homes are at their highest level since May 2010. More first-time buyers are making purchases. And the supply of homes fell last month to its lowest point in nearly seven years, which could push home... Continue Reading »
Jan 26th 2012 10:00AM
LOS ANGELES -- Foreclosures made up a smaller slice of all U.S. homes sold in last year's third quarter, as banks delayed placing properties for sale and home sales slowed. Despite the decline, foreclosures still represented 20 percent of all homes sold in the July-September period -- about four times more than at the... Continue Reading »
