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Housing is cheaper than at any point in the last 35 years, but mortgages are harder to get than at any point in the last 15 years, according to new research from Zillow.com, as reported by the Wall Street
According to Fannie Mae, the serious delinquency rate decreased to 4.44 percent in February from 4.45 percent in January. This is a decrease from a high of 5.59 percent in February 2010. Freddie reported the delinquency rate decreased to
According to a report released Tuesday by the Harvard Joint Center for Housing Studies, a large number of renters are allocating more than half their income to
According to a report released this morning by the National Association of Realtors, pending home sales increased 5.1 percent in
Beginning on Oct. 1, the government will dial back on the size of mortgages it guarantees in high-cost areas like San Francisco, New York and Washington. After that deadline, the maximum loan amount that Fannie Mae and Freddie Mac
The homeownership rate dropped to 66.4 percent in the first quarter, the lowest level since 1998, according to the Census Bureau. The rate is down from last year’s 67.1 percent, and a single basis point dip from the previous
The International Monetary Fund believes the U.S. should consider cutting the popular tax deduction for mortgage interest, according to the Wall Street
While recent home prices and sales haven’t been strong, the top and the bottom of the housing market is doing just fine according to Builder’s Pulse. Those with a decent income are keeping the upper market afloat, paying large
Prices of single-family homes declined in 20 metropolitan areas by 0.2 percent from January to February, according to the S&P/Case Shiller composite index released today. This decrease places the current composite index of 139.7 just slightly above the 2009
The housing crash seems to have had little impact on consumer confidence, as 81 percent of adults believe buying a home is the best long-term investment a person can make. According to a report by Pew Research released this
According to the Federal Reserve Bank of Dallas, a combination of stable home prices and few exotic loan products has kept Texas’ economy from plunging into the farthest pits of the
U.S. Housing and Urban Development (HUD) has selected 18 national, regional and local lenders to participate in a new two-year pilot program. The program will offer qualified borrowers, in certain parts of the country, low-cost loans if in turn
According to a report Wednesday from the Austin Board of Realtors, home resales in central Texas fell 10 percent in March compared to a year ago. Based on this information, the month of April will not be much
According to the National Association of Realtors (NAR) the number of existing-home sales has risen 3.7 percent between February and March. The numbers are still lower than they were a year-ago due to buyers having problems with obtaining mortgage
Sales expectations for homebuilders dropped in April 2011, as reported by Bloomberg today. The National Association of Home Builders/Wells Fargo sentiment index is currently at 16, a drop of one point since March, which reflects a poor outlook for
The latest National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) edged up to 41.5 in the fourth quarter of 2010, compared to 40.8 in the third quarter. An RMI below 50 indicates that more remodelers say market