Tag Archives: Markets & Economy

Existing-home sales declined in March after rebound in February

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Existing-home sales fell 4.9 percent in March to a seasonally adjusted annual rate of 5.21 million, according to data from the National Association of Realtors. Continue reading →

Housing stars declined in March

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Housing starts fell 0.3 percent between February and March and dropped 14.2 percent year-over-year, according to the latest data from the U.S. Census Bureau and Housing and Urban Development, released Friday. Continue reading →

Redfin finds most affordable cities are also the least disaster-prone

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A new study from Redfin maps how disaster-prone certain metros are, while also factoring the cost of buying a home in that city. Continue reading →

Hispanic homeowners made up more than a third of all new households over the last decade

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Hispanic Americans accounted for more than a third of all household formation over the last decade, and were the first minority demographic to make homeownership gains after the recession, according to a new report. Continue reading →

General Electric will pay $1.5 billion over subprime lending

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General Electric has agreed to pay $1.5 billion to the U.S. Justice Department over allegations that one of its subsidiary businesses made misrepresentations related to subprime lending. Continue reading →

Low mortgage rates are leading to more affordability: NAR

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The National Association of Realtors affordability index ticked up in February, meaning the typical family had more estimated income to afford a home at the national median price. Continue reading →