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Inventories Soar to Critical Levels
Inventories of existing homes for sale as measured by months supply broke an all-time record in July.
Cost of Homeownership Reaches $1,000 Monthly
By: Steve Cook; Thu, Aug 19, 2010
Homeowners paid a median of $1,000 in monthly housing costs in 2009, compared to $808 for renters, according to data released today by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
Credit Unions Cash in
By: Steve Cook; Fri, Aug 13, 2010
When traditional banks and thrifts are reining in, credit unions are grabbing market share in mortgages at a rate no one would believe a few short years ago.
Minority Homeownership Continues to Fall
By: Steve Cook; Tue, Apr 27, 2010
A steady decline in minority homeownership has driven the national homeownership rate to its lowest level in a decade, according to data released by the Census Bureau for the first quarter of 2010.
Real Estate Professionals Cautious on Direction of Home Prices
By: Steve Cook; Mon, Mar 22, 2010
Despite their reputation for optimism, a new survey shows that the vast majority of real estate professionals are cautious or negative on the near term outlook for home prices.
First-time Buyers Faded in Q4
By: Steve Cook; Tue, Jan 19, 2010
First-time homebuyers, the most important segment of the home purchase market in 2009, accounted for a shrinking share of the housing market as 2009 drew to a close.
Realtors in HomeGain Survey See Prices Stabilizing or Improving
By: Steve Cook; Thu, Dec 10, 2009
Three out of four Realtors, 72 percent, believe home prices will either stay the same or increase over the next six months.
Get this widget See local rates - TransUnion Reports Delinquencies Fall for Second Straight Quarter
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- Move-up Buyers Claim One Third of Tax Credits
- REOs Put New Pressure on Prices
- Foreclosures Show Signs of Decline
- Apartment Rents are on the Rise
By: Steve Cook; Wed, Aug 25, 2010
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