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Economy, Real Estate

“Millions Of Americans Pushed Out of The Housing Market Thanks To Skyrocketing Prices”

“EDITOR’S NOTE: The prices of homes are beginning to decline as recent economic data shows that home sales are generally weakening across the country (despite a slight rise in today’s data, most likely due to a short-term relief in mortgage… Continue Reading…

Real Estate

“The world’s bubbliest housing markets are flashing warning signs”

“As central banks around the globe rapidly increase interest rates, soaring borrowing costs mean people who were already stretching to buy property are finally reaching their limits. The effects are being seen in countries such as Canada, the United States… Continue Reading…

Real Estate

“Foreclosure filings are up 132% from a year prior. Here’s what that means for the housing market…”

“When we were reading through real estate data this month, three stats caught our eye. The first: That the number of active foreclosures (this is when the foreclosure process has begun on a seriously delinquent loan, but it has yet… Continue Reading…

Stocks

“3 Dividend Stocks Cashing in on the Housing Boom”

“Putting it all together, the following three dividend stocks will benefit greatly from rising home prices, and shareholders will benefit in turn through dividend growth and higher share prices down the road: Caterpillar (NYSE:CAT) Leggett & Platt (NYSE:LEG) M.D.C. Holdings (NYSE:MDC) … We can… Continue Reading…

Real Estate

“Pending home sales fell over 10% in February, as record low supply stifles the housing market”

“The U.S. housing market is suffering from its lowest supply in history, and that is taking an increasingly hard toll on sales. Pending home sales, a measure of signed contracts on existing homes, fell a wider-than-expected 10.6% in February compared… Continue Reading…

Economy, Real Estate

“Higher mortgage rates still aren’t cooling the hot housing market”

“Mortgage rates have been steadily rising this year, but that doesn’t seem to be slowing demand for housing — yet.According to Freddie Mac, the average rate on a 30-year mortgage is now 3.05%, up from the all-time low of 2.67% at the end of… Continue Reading…

Economy, Real Estate

“Housing market is still going strong and propping up the economy”

“The housing market continues to be a bright spot inthe United States economy that has been ravaged… The government said Tuesday that building permits and housing starts both surged in July and easily topped economists’ forecasts. Home Depot (HD) reported sales and earnings for… Continue Reading…

Economy, Real Estate

High End Housing Market Boom

“As pricey homes hit market, median list price for a house reaches record $300,000“ “If you’re selling a high-end home, you’ve got company. More pricey houses are up for sale this year, pushing listing prices to record highs. The median… Continue Reading…

Economy

“US: Housing market appears poised for a modest rebound – Wells Fargo”

“Following December’s plunge, housing starts rebounded 18.6% in January, mostly the result of a surge in single-family starts, explained analysts at Wells Fargo. They point out “residential building should continue to improve as permits run ahead of starts”… “Despite recent… Continue Reading…