Pending Home Sales Dip, But Trend Still Positive, Realtors Say
Pending home sales dipped in December after reaching a 19-month high, but remained above year-ago levels, according to the National Association of Realtors.
The NAR’s Pending Home Sales Index, an indicator based ...
Housing’s Only Bright Spot is Multi-Family Homes: Fed Survey
Compared to earlier in 2011, the 12 Federal Reserve districts saw mostly expanded economic activity in late November through the end of the year, but the same cannot be said of the housing market.
The Fed’s most ...
IRS: 99,123 Taxpayers Didn’t Get Their Refund Check
The Internal Revenue Service is trying to return $153.3 million in undelivered tax refund checks. In all, 99,123 taxpayers are due checks this year that could not be delivered because of mailing address errors.
Undelivered ...
Mortgage Rates Still Sliding to New Lows: 30-Year at 4.19%
Mortgages rates slid to new lows again this week – with the 30-year fixed at 4.19 percent – as refinancing activity is starting to surge in response to an historic stretch that has kept rates under 5 percent ...
Home Prices Flat in July, Trending Down After Tax-Credit Boost
The closely-watched Case-Shiller index of home prices in 20 metropolitan areas managed a 0.6 percent increase in July from the previous month, with the outlook for prices remaining weak as sales and other indicators ...
Mortgage Bankers’ Profit Surged to $917 Per Loan in 2nd Quarter
Independent mortgage bankers and their subsidiaries made an average profit of $917 on each loan originated in the second quarter of 2010, a hefty increase from $606 per loan in the first quarter, according to the ...
950,000 Taxpayers Must Repay Homebuyer Tax Credit: Treasury
Nearly 1.8 million taxpayers claimed a total of almost $12.5 billion under the popular first-time homebuyer tax credit program, but more than 950,000 taxpayers will be required to repay the credits because their ...
Pending Home Sales Slip Again in Post-Tax Credit Slump
Signed contracts to purchase homes dropped again in June, setting a new low for a key, forward-looking national index that reflects an anemic housing market.
The National Association of Realtors said Tuesday its ...
Existing Home Sales Down 5% in June; Inventory Up 2.5%
Yet another sign of an anemic housing market: Existing home sales fell 5.1 percent to a seasonally adjusted annual rate of 5.37 million units in June, compared to May – but sales remain 10 percent above the rate ...
Housing Starts Slide to Lowest Level in 8 Months
Adding to worries of another housing market downturn, the Commerce Department today said housing starts slumped to their lowest level in eight months in June.
But an unexpected jump in housing permits – a harbinger ...
