Reuters

Where Micro-Apartments Loom as Next Big Thing in Renting" alt="Where Micro-Apartments Loom as Next Big Thing in Renting" />

SEATTLE -- Aaron McConnell doesn't mind sharing a kitchen with seven neighbors. He's fine in living quarters with just enough room for a twin bed, a corner desk and little else. Closets? Forget about it -- he stores his clothing and other possessions on shelves and hooks. McConnell's small-scale home life is part of a ... Continue Reading »

Number of Foreclosed Homes Holds Steady, CoreLogic Says" alt="Number of Foreclosed Homes Holds Steady, CoreLogic Says" />

The number of foreclosed homes held steady in April, while there were fewer properties sitting in the pipeline, fresh signs the housing recovery is on track, data from CoreLogic showed on Wednesday. There were 52,000 foreclosures completed last month, the same amount as in March, but down about 16 percent from 62,000 in ... Continue Reading »

Home Mortgage Rates at Highest Level in a Year" alt="Home Mortgage Rates at Highest Level in a Year" />

Worries the Federal Reserve may begin to slow its stimulus efforts sent U.S. mortgage rates last week to their highest level in a year, drying up demand for home refinancings, data from an industry group showed on Wednesday. The Mortgage Bankers Association said interest rates on fixed 30-year mortgage rates surged 12 basis ... Continue Reading »

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 »