Tag Archives: New Homes

‘Last hurrah?’ Pending home sales fall in August

“Sharply rising mortgage interest rates in the spring motivated buyers to make purchase decisions, culminating in a 6½-year peak for sales that were finalized last month,” said Lawrence Yun, chief economist for the Realtors. “Moving forward, we expect lower levels … Continue reading

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Mortgage alert: Borrowers change how they cheat

The good news: Fewer borrowers are lying on their mortgage applications. The bad news: The remaining cheaters may be pulling a more dangerous scam. Instead of inflating their home prices, they are now inflating their incomes and assets, according to … Continue reading

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Bay Area Housing Prices Take Big Jump

advertisement U.S. home prices jumped 10.9 percent in March compared with a year ago, the most since April 2006. A growing number of buyers are bidding on a tight supply of homes, driving prices higher and helping the housing market … Continue reading

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Investors Pile Into Housing Even as Prices Rise

Los Angeles-based Colony Capital, which boasts approximately ten thousand single-family rental homes in its portfolio, had centered its investments largely in the Southwest and West, but is now shifting to other markets. (Read More: US Pending Home Sales Tick Upward … Continue reading

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Home Prices Soar on Short Supply, Investor Demand

Home prices in Atlanta were up 10 percent in December from a year ago, but a year ago they were down 17 percent year-over-year, on the SP/Case Shiller Index. What changed? Investors. As Atlanta’s foreclosure rate soared, investors, no longer … Continue reading

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