Reuters

U.S. Homeownership Rate Falls to 17-Year Low As More Rent" alt="U.S. Homeownership Rate Falls to 17-Year Low As More Rent" />

By Lucia Mutikani Homeownership in the United States hit a 17-year low in the first quarter as more Americans opted to rent, continuing a trend exacerbated by the collapse of the housing bubble. The seasonally adjusted homeownership rate slipped to 65.2 percent, the lowest since the fourth quarter of 1995, the Commerce ... Continue Reading »

U.S. Pending Home Sales Rise In March, NAR Says" alt="U.S. Pending Home Sales Rise In March, NAR Says" />

WASHINGTON -- Contracts to purchase previously owned U.S. homes rose in March, as the housing market continues to accelerate this year. The National Association of Realtors said Monday that its Pending Sales Index, based on contracts signed last month, rose 1.5 percent to 105.7. Activity in recent months has shown ... Continue Reading »

Homeowners to Get Foreclosure Settlement Payments Starting Friday" alt="Homeowners to Get Foreclosure Settlement Payments Starting Friday" />

By Aruna Viswanatha Borrowers whose homes were in foreclosure in 2009 or 2010 can expect to receive between $300 and $125,000 under settlements reached between top banks and regulators earlier this year. The payments will begin going out on Friday, the Federal Reserve and the Office of the Comptroller of the Currency ... Continue Reading »

New Home Sales Took a Tumble in February" alt="New Home Sales Took a Tumble in February" />

Sales of new U.S. single-family homes fell more than expected in February after hefty gains the previous month, but steady gains in home prices suggested the housing market recovery remains intact. The Commerce Department said on Tuesday sales dropped 4.6 percent to a seasonally adjusted annual rate of 411,000 units. ... Continue Reading »

Home Prices Post Best Yearly Increase Since 2006" alt="Home Prices Post Best Yearly Increase Since 2006" />

U.S. single-family home prices rose in January, starting the year with the biggest annual increase in 6½ years in a fresh sign that the housing market recovery remains on track, a closely watched survey showed on Tuesday. The S&P/Case Shiller composite index of 20 metropolitan areas gained 1 percent ... Continue Reading »