Tag Archives: Housing Market

Fannie Mae’s New CEO: ‘Comfortable’ With Decision Not to Slash Mortgage Balances

Fannie Mae is no longer bleeding cash, at least for now. After devastating losses since 2008, the mortgage giant reported its second straight quarter of positive net income, even after making a $2.9 billion dividend payment to the U.S. Treasury. … Continue reading

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In a Twist, Both Home Prices and Rents Rise

Home prices across the nation continued their upswing in June, according to a new report from CoreLogic. Including sales of foreclosures and short sales (selling for less than the value of the mortgage), prices rose 2.5 percent from a year … Continue reading

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Renter Nation Rages On

The supply of empty homes for rent is falling, and the nation’s homeownership rate is hovering near a fifteen year low. How can that be when the housing market is finally turning around and more homes are selling? The answer … Continue reading

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Pending Home Sales Fall in June Due to ‘Fewer Listings’

Home buyers signed fewer contracts to buy existing homes in June, despite renewed optimism in the overall housing recovery. The pending home sales index from the National Association of Realtors fell 1.4 percent from May. It is up 9.5% from … Continue reading

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Bay Area housing values jump in second quarter

Bay Area home values increased at a sizzling pace in the second quarter, the online real estate site Zillow reported Tuesday, reinforcing hopes that at least some parts of the region are in the early stages of a housing market … Continue reading

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