Phoenix sees stronger sales, fewer foreclosures

Foreclosures in the city of Phoenix dropped to their lowest since March 2008 this October, according to one real estate data and analytics firm.
Foreclosures in the city of Phoenix dropped to their lowest since March 2008 this October, according to one real estate data and analytics firm. [More]


Slow recovery may signal long-term downward shift in homeownership

The nation's homeownership rate may sink and stay low, CNBC reports, with recent turmoil in the housing market not just temporarily souring consumers on home purchases but leading to a long-term shift in the national outlook.
The nation's homeownership rate may sink and stay low, CNBC reports, with recent turmoil in the housing market not just temporarily souring consumers on home purchases but leading to a long-term shift in the national outlook. [More]


Pending single-family home sales increased in October

The National Association of Realtors (NAR) Pending Home Sales Index increased 10.4 percent in October to reach 93.3, placing it 9.2 percent higher year-over-year.
The National Association of Realtors (NAR) Pending Home Sales Index increased 10.4 percent in October to reach 93.3, placing it 9.2 percent higher year-over-year. [More]


Housing recovery stalled, household formation needed

The trend of falling housing prices continued for several consecutive months through September, Time Moneyland recently reported, but so did the trend of progressively slower decreases in home prices.
The trend of falling housing prices continued for several consecutive months through September, Time Moneyland recently reported, but so did the trend of progressively slower decreases in home prices. [More]


Mortgage applications drop, especially refinancing

Real estate data from the Mortgage Bankers Association (MBA) reveals the Market Composite Index decreased 11.7 percent in the week ending November 25.
Real estate data from the Mortgage Bankers Association (MBA) reveals the Market Composite Index decreased 11.7 percent in the week ending November 25. [More]


Stringent mortgage requirements not slowing recovery, analysts say

The widespread conception that tight mortgage lending standards are slowing the national housing recovery may be incorrect, CNBC reports.
The widespread conception that tight mortgage lending standards are slowing the national housing recovery may be incorrect, CNBC reports. [More]


Freddie Mac: Mortgage rates drop below 4 percent once more

Homeowners have had two full months of mortgage rates sitting near record lows, as Freddie Mac reports home loan rates remained in that territory during the first week of December.
Homeowners have had two full months of mortgage rates sitting near record lows, as Freddie Mac reports home loan rates remained in that territory during the first week of December. [More]


Home prices low, sales increase slightly during Q3

Home prices increased by .2 percent in the third quarter of 2011, according to the Federal Housing Finance Agency's (FHFA) seasonally adjusted purchase-only house price index.
Home prices increased by .2 percent in the third quarter of 2011, according to the Federal Housing Finance Agency's (FHFA) seasonally adjusted purchase-only house price index. [More]


Commercial real estate market outlook strong

The commercial real estate market will see growth in 2012, according to the National Association of Realtors.
The commercial real estate market will see growth in 2012, according to the National Association of Realtors. [More]


Foreclosure activity stalls as lenders change tactics

Foreclosure activity plummeted to a 44-month low in July. While the dip in filings may be an optimistic sign for the troubled housing market, some experts suggest that the statistic is a temporary side effect of stalled foreclosure proceedings, according to MarketWatch.
Foreclosure activity plummeted to a 44-month low in July. While the dip in filings may be an optimistic sign for the troubled housing market, some experts suggest that the statistic is a temporary side effect of stalled foreclosure proceedings, according to MarketWatch. [More]