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The number of homes entering the foreclosure process rose 8.1 percent in March, according to a new report, but the volume is down more than 30 percent from a year ago.
More Americans are renting homes, and fewer are owning them; it’s not as if this is news to anyone who follows the U.S. housing market, but a new report from the Census Bureau today really put an historical exclamation point on the trend.
Home ownership is falling to 65.4% from 66.4% one year ago, reports CNBC's Diana Olick.
Big jumps in foreclosure activity in cities like Pittsburgh, Indianapolis, New York and Raleigh pushed the national numbers higher in the first three months of this year, according to a new report from RealtyTrac.
More buyers signed contracts to buy existing homes in March than the previous month, according to a new report, prompting one expert to say, “The housing market has clearly turned the corner.”
It’s not crashing again, it’s just bouncing along a bottom, which means the recovery, as we’ve been warning all along, becomes increasingly local.
A slew of new numbers from the housing market confirm that a warm spring did in fact pull sales forward, but the new activity was not enough to bring home prices out of their decline significantly.
Buyer traffic is strong, supply of homes for sale is low, and yet home prices continue to defy the usual formula, falling again in March.
The FMHR traders discuss whether Greenbrier is off track, since shares of the company are down 30% year-to-date. Megan McGrath, MKM Partners homebuilder analyst, also weighs in on whether D.R. Horton's earnings beat signals a strong Spring for housing.
It was one of the worst housing markets in the U.S., but now investors are swarming over foreclosures in Phoenix, Arizona, in search of big rental returns.
CNBC's Diana Olick reports on lower home supply numbers from Phoenix, down 42% from a year ago. Rick Sharga, Carrington Mortgage Holdings, weighs in.
CNBC's Diana Olick explains how distressed existing home inventories are impacting existing home sales.
Five years into the foreclosure crisis, one in 10 U.S. children has been or will be affected by the nation's surge in foreclosures, a new report says.
Without a strong recovery in the job market and a big loosening in credit, which does not appear to be the case, regular demand for home purchases will remain soft.
Discussing Thursday morning's major economic reports, including jobless claims and existing home sales, with Mark Zandi, Moody's Analytics chief economist.
Big drops in inventories in the South and West are pushing home sales down, explains CNBC's Diana Olick.
We’re still seeing big demand in the multi-family sector, but single family is still faltering. Depending on what kind of builder or investor you are, you’re going to see the housing starts numbers differently.
March housing starts are down 5.8 percent, the lowest number since October. Oliver Chang, Morgan Stanley head of U.S. strategy and research, weighs in on what needs to be done to boost housing.
Doug Kass, Seabreeze Partners founder & president, explains why he sees a multi-year recovery in the U.S. housing market.
In a stark reversal during the heart of the spring housing market, confidence among the nation’s homebuilders dropped in April to levels not seen since January.