National News
There were many outcomes of the housing boom and bust cycle, but one of the more implicit has been lowering consumer credit scores, a detail that has posed problems for prospective homebuyers seeking a mortgage for their transactions. According
Two home price indices from CoreLogic and Lender Processing Services (LPS) both showed small declines in home prices for October, indications that the summer buying boom has concluded and home values are entering their seasonal lull. CoreLogic’s Home Price Index
Real estate website HomeGain recently surveyed Realtors on a number of economic topics, and though most of the questions dealt with prices and home values, a question on political support yielded interesting results, according to a HousingWire piece on
What originally began as a mere economic analysis by a University of Pennsylvania professor has quickly developed into an all-out inquiry into the financial solvency of the Federal Housing Administration (FHA), one culminating in testimonies and audits that put
The Wall Street Journal‘s third-quarter survey of housing-market conditions showed that home prices have fallen so far that the monthly cost of owning a home is at the most affordable it’s been in 15 years. Additionally, as rental rates
Only 65.1 percent of U.S. households own homes, which is the lowest amount since 1996. A big reason for that decline, according to a new piece by the Associated Press (AP), is the relative absence of first-time homebuyers, a
Suburbia has been taking a bit of flack, as of late. The New York Times, as highlighted by NewGeography, ran two op-eds this past weekend proclaiming the decline of suburban living. Urban theorist Chris Leinberger claiming that Americans were abandoning
The Knight Frank Global House Price Index, a massive, wide-ranging collection of data that operates as a Case-Shiller-esque index for the global housing market, was just released by Knight Frank, and it offers some startling revelations on how housing
Courtesy of a new report from Lender Process Services (LPS), the delinquency markets have yielded several batches of data this week, with some good, some bad, and some suggesting we still have a long way to go. The good
Construction spending, driven by renewed investment in housing, rose in October for the third straight month, exceeding analysts’ projections and increasing by 0.8 percent, according to a Business Week article by Alex Kowalski. Riding on low interest rates, a
CoreLogic released its third quarter negative equity report yesterday, and it revealed an interesting paradox in housing for 2011 – though prices resumed their downward trend in the third quarter, and investment remains sluggish, negative equity is still declining,
Hispanic households made up more than half 0f the U.S.’ new household units in the third quarter, a strong indicator that a powerful group of buyers has emerged in the wake of the housing downturn. According to Census Bureau
The Pending Home Sales Index, a prospective data set compiled monthly by the National Association of Realtors (NAR), increased by 10.4 percent in October, rising from 84.5 in September to 93.3 last month. In addition, the index posted a
Ideas abound on how GSEs and private banks should deal with their backlog of distressed and foreclosed homes, a collection of properties known as the shadow inventory. From fire sales with investors to rental conversions, a new idea seems
Financing has been one of the main talking points since the housing downturn began in early 2007. Potential buyers, we are told by numerous outlets and trade groups, are unable to secure valid financing for homes because of stingy
U.S. cities are reporting little change in prices in the latest Case-Shiller Home Price Indices, the monthly report by Standard & Poor’s (S&P) that is the leading measure of U.S. home prices. The newest report, which surveys home prices for the third
