Applications for U.S. home mortgages fell in the latest week as interest rates edged higher, an industry group said on Wednesday.» Read More
JEFFERSON CITY, Mo.-- Missouri's low-income housing initiative is inefficient and among the costliest in the nation, State Auditor Tom Schweich said Monday while recommending changes to the program. Missouri authorized more than $2.5 billion in tax credits that helped finance about 47,000 low-income housing units since 1998, the audit said.
Robert Wood, chief U.K. economist at Berenbeg Bank, says the government should cancel its "Help To Buy" mortgage scheme as house prices are rising too quickly.
There's more at play in the recent housing setback than just this winter's frozenomics, home builder Ara Hovnanian tells CNBC.
Ara Hovnanian, Hovnanian Enterprises chairman, president, & CEO, shares his outlook on housing and explains why he is looking for an upside surprise in spring sales. Also Hovnanian discusses his company's new "Big Deal Days" promotions.
Jack Ablin, BMO Private Bank, and David Kelly, JPMorgan Funds, discuss today's labor report and what it indicates about the economy and its impact on the markets. This reaffirms a growth pattern, says Ablin.
P.T. Vineburgh, Charlesgate Realty Group founding partner, highlights hot real estate listings in affluent Brookline, Massachusetts.
CNBC's Diana Olick discusses the impact institutional investors are having on key housing markets.
Institutional investors' ownership of residential properties helped push the price of homes up 14 percent over three years, RealtyTrac says.
Justin Curlow, senior research analyst at AXA Real Estate, says Spain's economic recovery is helping its property sector.
Maury Harris, UBS chief U.S. economist, provides his outlook on housing and energy. It's still a pretty good bargain to buy a house, says Harris.
CNBC's Diana Olick reports Google is making a huge investment in Auction.com, which is an auction-based real estate sales site for both residential and commercial real estate.
Ray Boulger, senior technical manager at John Charcol, says London is "one of the safest havens in the world" for foreign investors.
The Internet behemoth sees an opportunity in commercial real estate through the online marketplace.
The bill would limit annual increases of any individual policy under the National Flood Insurance Program to 18 percent.
Applications for U.S. home mortgages rose last week as interest rates slipped, an industry group said on Wednesday.
Some analysts believe sluggish home sales are because of seasonal adjustments that are distorted by other factors than the weather.
Realtors blame rough winter weather on flat home sales, however the west saw a drop in pending home sales and signed contracts and weather isn't an issue there. CNBC's Diana Olick digs deeper into the data.
Rising home prices helped push negative equity below 20 percent nationwide for the first time since the housing crisis.
Jeff Lewis, senior portfolio manager at TIG Securitized Asset Fund, talks about the U.S. housing market and says that the U.S credit market remains tight.
Discussing his strong position on housing and the overall U.S. economy, is Joseph LaVorgna, Deutsche Bank chief U.S. economist. CNBC's Diana Olick provides insight.