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Tag Archives: housing

U.S. Existing Home Sales Rise Modestly in December

U.S. home re-sales rose slightly in December after three monthly falls in a row, as record low mortgage interest rates and pent-up demand continue to sustain a recovery in the market. The National Association of Realtors (NAR) said on Thursday …

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Builder Confidence Down Slightly in January

Builder confidence in the market for newly built, single-family homes fell one point to 56 in January from a revised December reading of 57 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). “Rising home prices, historically …

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Mortgage Rates Won’t Derail 2014 Housing Market

Home prices are rising, and so are mortgage rates, making it tough for would-be buyers, particularly first-time purchasers, to close a deal on a new place. Meanwhile, the looming threats of new mortgage rules and pending housing-finance reform are adding …

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