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Northeast Drags Down New Home Sales

by devteam February 25th, 2015

Sales of newly constructed single-family homes dipped only slightly in January from December levels. The U.S. Census Bureau and Department of Housing and Urban Developing said today that January sales were at a seasonally adjusted annual rate of 481,000

Purchase Apps Pick Up Some Slack From Falling Refi Volume

by devteam February 25th, 2015

Mortgage applications declined again during the week ended February 20. The Mortgage Bankers Association (MBA) said that its Market Composite Index, a measure of application volume, was down 3.5 percent on a seasonally adjusted basis from the week ended

Clear Regional Patterns as Home Prices Falter

by devteam February 24th, 2015

Despite increases in 2014 that were twice that of inflation, house prices are "faltering." The S&P/Case-Shiller composite city indices for December were nearly flat while the National index was slightly negative. Both the 10-City and 20-City Composite

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