Detroit suburban housing is hot. Its downtown, however, is seeing no renaissance at all, at least not yet.» Read More
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.
Shares of Wells Fargo are down 2 percent today, despite a better than expected earnings report. Timothy Sloan, Wells Fargo CFO, discusses the state of the U.S. economy and the housing market.
The U.S. housing market is not out of the woods. 101,939 U.S. homes received a first-time notice in March, the biggest monthly increase since October.
The average size of a mortgage purchase application increased 9 percent from December to the end of March, from $214,500 to $233,300 in March, according to the Mortgage Bankers Association.
A Goldman Sachs home prices survey shows 63 percent of consumers surveyed expect home prices to be either stable or positive, compared to 58 percent six months ago, with CNBC's Diana Olick.
The man at the center of the controversy over writing down mortgage principal on Fannie Mae and Freddie Mac loans isn’t wavering. He may be reconsidering previous loss formulas, factoring in new government subsidies for principal write-down, but his opinion seems largely unchanged.
The Fed announces a consent order against Morgan Stanley for morgage misconduct at Saxon. CNBC's Steve Liesman reports.
In an unexpected reversal, both newly started foreclosures and finalized foreclosures dropped precipitously in February.
With home prices down more than a third from their peak and the market swamped with foreclosures, large investors are salivating at the opportunity to buy perhaps thousands of homes at deep discounts and fill them with tenants. The New York Times reports.
The residential rebound is under way in fits and starts, but it is volatile, and it is local.
Residential real estate in Texas and other central states is a well-oiled machine. Literally — energy production in the central U.S. has helped bolster the region’s economies, and that has translated to the local housing markets.
In Seattle, greater demand for inner-city homes and low inventory have driven many deals above their asking prices, while investors have returned to Portland to pick up bargains.
While the entry-level homebuyers market is making a comeback in Boston, high-end luxury properties are once again the object of bidding wars in New York, with demand outpacing supply for the first time in five years.
In cities like Denver, Salt Lake City and Albuquerque, inventory is down, traffic is up and prices are stabilizing.
Sales are up, inventory down, but prices are generally still weak. If you're looking for a success story, however, try Grand Rapids, Mich., Cedar Falls , Iowa and Green Bay, Wis.
Thanks to high gasoline prices, today's home buyers want to be close in. D.C., with so many thriving suburbs and an expansive Metro system, offers ample opportunity.