Housing Market

U.S. pending home sales race to nine-year high in April


WASHINGTON - Contracts to buy previously owned U.S. homes rose for a fourth straight month in April to a nine-year high, buoying the outlook for the housing market. | Video

U.S. judge tosses racketeering lawsuit over Ocwen home inspections

NEW YORK - A federal judge has dismissed a class action lawsuit accusing Ocwen Financial Corp of fraudulently billing hundreds of thousands of homeowners for needless property inspections, saying the case amounts to no more than a breach of contract claim.

U.S. mortgage applications fall in latest week: MBA

Applications for U.S. home mortgages fell last week as interest rates rose, an industry group said on Wednesday.

27 May 2015

New home sales, prices rise strongly in April

New U.S. single-family home sales rose more than expected in April and the median price surged, suggesting the housing market recovery was gaining traction.

26 May 2015

U.S. home resales unexpectedly fall, tarnishing housing recovery

WASHINGTON - U.S. home resales unexpectedly fell in April as tight inventories pushed prices higher, giving a cautious signal on the strength of the housing market.

21 May 2015

U.S. home prices rise in March: S&P/Case-Shiller

NEW YORK - U.S. single-family home prices rose in March from a year earlier, led again by strong increases in the western half of the United States, a closely watched survey said on Tuesday.

26 May 2015

Banks hope to benefit from high court ruling on discrimination

WASHINGTON - If the state of Texas prevails in a civil rights case about to be decided by the U.S. Supreme Court, landlords and developers will have an easier time defending themselves in housing discrimination lawsuits.

U.S., 22 May 2015

Rising bank repossessions push up U.S. foreclosure activity in April

WASHINGTON - A surge in bank repossessions of properties last month pushed overall foreclosure activity across the United States to an 18-month high, according to a report by industry firm RealtyTrac released on Thursday.

21 May 2015

Techies lift aged Midtown South to NYC real estate heights

NEW YORK - The Dutch, it is said, bought Manhattan Island in 1626 from its native American inhabitants for about $24 in trade goods. Half a millennium later, that sum wouldn't buy a square foot of office space in New York City's trendiest real estate market, the area below 34th Street known as Midtown South. | Video

Tech, U.S., 20 May 2015

U.S. mortgage applications fall in latest week: MBA

NEW YORK, May 20 - Applications for U.S. home mortgages fell last week as interest rates rose to their highest level since December 2014, an industry group said on Wednesday.

20 May 2015