Rough winter weather across much of the US at the start of this year apparently did not keep home buyers away. Contracts to buy existing homes in January rose to the highest reading since April 2010.
Home sales are slowly climbing back thanks in some part to the so-called "strategic defaulters" - investors and homeowners who once walked away from their commitments but are now coming back to the market.
CNBC's Scott Cohn and David Faber discuss the latest moves in Standard and Poor's parent company McGraw Hill, after a civil lawsuit was declared on S&P by the DOJ.
The Department of Justice targeting Standard and Poor's with a civil lawsuit, with CNBC's Scott Cohn; and James Gellert, Rapid Ratings International CEO, provides perspective.
More than half of the top 200 U.S. housing markets saw foreclosure numbers rise, according to a new report, but not where you might expect; investors should take note.
A mortgage analyst says, "The thought is that there are a bunch of homeowners on the fence who haven't refi'd who will all jump in thinking they will miss out. The theory is 100 percent nonsense."
Signed contracts to buy existing homes fell 4.3 percent in December from the previous month, according to a monthly index from the National Association of Realtors.