Is investing in an exchange-traded fund a smart way to invest in real estate? Housing has been a surprisingly unpredictable sector since the great real estate crash of 2007. As a result, new ways to invest in real estate have emerged, with housing-related ETFs being a prime example.
Home price growth is finally slowing, which could be welcome news for potential buyers who have been priced out of the market. Asking home prices increased at the slowest rate in 13 months, according to online real-estate marketplace Trulia, as demand from buyers — both traditional and investor — continues to wane.
WASHINGTON — U.S. home prices rose in April compared with a year earlier, but the increase was the smallest annual gain in 14 months. Price gains have slowed this year as sales have faltered.
WASHINGTON — U.S. construction spending rose to its highest level in five years in April, but the increase was less than expected, suggesting a mild pick-up after residential and nonresidential construction contracted in the first quarter.
Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates falling for the fifth consecutive week and hitting new 2014 lows. The average for the 30-year fixed-rate mortgage is at its lowest point since the week of October 31, 2013.
WASHINGTON — U.S. home prices rose in March, but the gains are decelerating as fewer Americans can afford to buy. The Standard & Poor’s/Case-Shiller 20-city home price index rose 12.4 percent in March compared with 12 months earlier. While healthy, that rate of growth has slowed from both February and January.
President Barack Obama officially nominated San Antonio Mayor Julián Castro to lead the U.S. Department of Housing and Urban Development in a ceremony on Friday afternoon. “I am nominating another all-star who’s done a fantastic job in San Antonio over the last five years,” Obama said.
WASHINGTON — U.S. home resales rose in April and the supply of properties on the market increased, suggesting the housing market was regaining its footing.
WASHINGTON — U.S. housing starts jumped in April and building permits hit their highest level in nearly six years, offering hope that the troubled housing market could be stabilizing.
U.S. homebuilders are feeling less confident in their near-term sales prospects, reflecting doubts stirred by a sluggish start to the annual spring home-selling season.
The latest CoreLogic (CLGX)-Case-Shiller index shows that home prices increased by 11.3% in the fourth quarter of 2013 compared to the same time a year ago.
Since banks would be earning zero, or even less than zero, on their deposits at the Fed, their incentives to lend could change quickly, particularly if the Fed were to adopt a negative deposit-rate policy — something no one is currently expecting. With that dramatic step, the Fed could actually charge a fee for holding those deposits.
The Senate Banking Committee plans to vote on a U.S. housing finance reform bill on Thursday in what could be the last effort this year to move forward with legislation to wind down mortgage firms Fannie Mae and Freddie Mac. Sen. Tim Johnson, the Democrat who chairs the committee,
Americans’ outlook toward the housing market continued to improve in April, perhaps foreshadowing an increase in housing activity in the coming months, according to results from Fannie Mae’s April 2014 National Housing Survey.
As America emerges from winter into a hopeful but untested spring housing market, the real estate industry has been aflutter with a mix of news.
Q. Some of the walls in our house are covered in fake wood paneling. Should we replace it? A. In today’s market, fake wood paneling is never a redeeming feature, said Robert M. Nelson, an associate real estate broker at Brown Harris Stevens in Southampton, N.Y. “If it’s those 4-by-8 sheets of hardware-store paneling,…
(MCT)—Question: I purchased a home from builder XYZ for $320,000, and have a $10,666 REALTOR® rebate coming back to me. The builder had me sign a paper that says the rebate can only be used to pay settlement costs. In addition, if I use XYZ’s lender, the lender will pay $5,000 toward my settlement costs.…
By CHRISTOPHER S. RUGABER WASHINGTON — U.S. home prices fell for the second straight month in December as brutally cold weather, tight supply and higher costs slowed sales. The Standard & Poor’s/Case-Shiller 20-city home price index declined 0.1 percent from November to December, matching the previous month’s decline. The index isn’t adjusted for seasonal…