D.R. Horton, the No. 2 U.S. homebuilder, reported a much larger-than-expected quarterly loss on Friday, sending its shares down nearly 7 percent even though it also said orders increased.

Rates on 30-year fixed-rate mortgages dropped to their lowest levels since May, Freddie Mac reported on Thursday.

The auctions are seen as both a way to attract bargain-hunting buyers still on the fence on whether to buy and get the condos sold quickly.

Rising U.S. unemployment propelled more mortgage delinquencies and foreclosures, a trend that will continue into next year, the MBA said.

Government programs don't help the market, one economist says, because they don't "get rid of the fundamental problem: There's still a glut of houses.”

New U.S. housing starts in October unexpectedly fell to their lowest level in six months, while consumer prices edged up 0.3 percent in October as energy and new car prices both advanced.

Carin Froehlich pegs her laundry to three clotheslines strung between trees outside her 18th-century farmhouse, knowing that her actions annoy local officials who have asked her to stop.

U.S. mortgage applications fell last week, with demand for home purchase loans dropping to a 12-year low even as interest rates on 30-year loans fell to their lowest level in six months, data from an industry group showed on Wednesday.

US homeowner confidence varied significantly by region in the third quarter as home values in parts of the country stabilized while others saw declines, real estate website Zillow.com said on Wednesday.

Unless employment picks up soon, the housing market isn't strong enough to recover without government help,  experts say.

Homebuilder confidence was unchanged at low levels in November, but sales of newly built, single-family homes were expected to rise slightly in the next six months, according to a survey by the National Association of Home Builders.

The pace at which people fell behind on their mortgages slowed during the summer for the third consecutive quarter, but the overall delinquency rate hit another record, a new report shows.

America's small cities are losing some of their traditional appeal to upwardly mobile families seeking wholesome neighborhoods, a stable economy and affordable living.

The percentage of homes bought in the United States by first-time buyer will rise significantly this year, helped by a popular $8,000 tax credit, the National Association of Realtors predicted Friday.

The U.S. government's $700 billion bailout program will "almost certainly" result in an overall loss for taxpayers, a key auditor for the program said on Thursday