Finance :: Real Estate

US Existing Home Sales Fall in August

By Josh Boak | Sep 24
Fewer Americans bought homes in August, as investors retreated from real estate and first-time buyers remained scarce. Sales of existing homes fell 1.8 percent to a seasonally adjusted annual rate of 5.05 million.

Once-Troubled Reverse Mortgages Poised for Rebound

By Hope Yen | Sep 18
Advertised as a path to an affordable retirement, federally insured reverse mortgages are showing signs of a rebound, drawing the scrutiny of regulators seeking to reduce historically high default rates that have cost the government billions.

Average US 30-Year Mortgage Rate at 4.12 Percent

Sep 12
Average long-term U.S. mortgage rates rose slightly this week but remained near their lows for the year. Mortgage company Freddie Mac said the nationwide average for a 30-year loan edged up to 4.12 percent from 4.10 percent last week.

Average US 30-Year Mortgage Rate at 4.1 Percent

Sep 4
The average 30-year U.S. mortgage rate remained at a 52-week low of 4.10 this week.

Contracts to Buy US Homes Rise in Hopeful Sign

By Josh Boak | Sep 2
More Americans signed contracts to buy homes in July, a sign that buying has improved as mortgage rates have slipped, the number of listings has risen and the rate of price increases has slowed.

Sales of US New Homes Fall in July

By Josh Boak | Aug 25
Fewer Americans bought new homes in July, evidence that the housing sector is struggling to gain traction more than five years into the economic recovery. The Commerce Department said that new-home sales fell 2.4 percent last month.

US Home Construction Jumps 15.7 Percent in July

By Martin Crutsinger | Aug 21
U.S. home construction rebounded in July, rising to an eight-month high and offering hope that housing has regained momentum after two months of declines.

To Have or Have Not: NYC Affordable Housing Hits a Speed Bump

By Jennifer Peltz | Aug 19
One new Manhattan skyscraper will greet residents of pricey condos with a lobby in front, while renters of affordable apartments that got the developer government incentives must use a separate side entrance - a so-called poor door.

Japanese Architects Sell a Lifestyle on Global Stage

By Yuri Kageyama | Aug 13
A new generation of Japanese architects is scoring success by reinterpreting the past.

Average US 30-Year Mortgage Rate at 4.14 Percent

Aug 11
Average long-term U.S. mortgage rates rose slightly last week but remained near their lows for the year. Mortgage company Freddie Mac said the nationwide average for a 30-year loan inched up to 4.14 percent from 4.12 percent last week.