Tag Archives: Existing Home

‘Underwater Mortgage’ Refis Get Fresh Push in Congress

A slight improvement in home prices has helped to pull some U.S. homeowners back above water on their mortgages, but the gains are small, and the problem is still epidemic.  As of July, 22.4 percent of homeowners with a mortgage … Continue reading

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Home Sales Disappoint Twice

Sales of newly built homes fell hard in June, despite newfound optimism in the housing recovery, especially among the home builders themselves. Signed contracts to buy new homes fell 8.4 percent from the previous month, according to the U.S. Commerce … Continue reading

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Cancellations Roil Realtors

Page 1 of 3 | Next PageShow Entire Article Forecasters expected sales of existing homes to rise in June because the pending home sales index, which measures signed contracts, rose in May. If you consider it takes 1-2 months to … Continue reading

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If You Build It, When Will the Home Buyers Come?

Page 1 of 2 | Next PageShow Entire Article Sales of newly built homes fell around 2 percent in May from the previous month, but that was a little better than expectations, given the lousy home builder sentiment number we … Continue reading

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Home Builders Hedge Their Bets on Housing Recovery

Page 1 of 2 | Next PageShow Entire Article Several of the nation’s largest public home builders reported earnings this week, and I was struck by the way their CEOs spoke of the current state of housing, especially in what … Continue reading

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