U.S. Home-Price Growth Warmed Up in August

Home-price growth accelerated in August, as a lack of inventory and low interest rates helped push prices to near-record levels. The S&P CoreLogic Case-Shiller Indices covering the entire nation rose 5.3% in the 12 months ended in August, a small jump from a 5%...

House Hunters Take Heart: More New Homes on the Way

Like a rain shower in the parched West, a spot of relief appears to be on the way for the housing market, with more new homes in the works to meet the demand from frustrated home buyers. The number of permits to build those sorely needed new homes rose nearly 9.5% in...

Fannie Mae Taking a Closer Look at Applicants’ Credit Card Payments

If you feel like you’ve been managing your debt just fine, making the minimum payment on your credit cards on time every month, you might want to change your ways before applying for a home loan. Fannie Mae, which offers government-backed loans to more than a quarter...

Home Prices Dip as Buyers and Sellers Head Into the Holidays

It’s not even Black Friday or Cyber Monday yet, but buyers may already be able to score a discount (though just a tiny one) on the homes of their dreams. Median prices dipped 1.3% in October to hit $232,000 for existing (i.e. previously lived in) homes compared to a...

The 10 Metros That Need New Housing Construction the Most

Marcopolo9442/iStock If there’s one thing that characterizes the U.S. housing market these days, it’s scarcity. Too few homes for sale are leaving would-be buyers frustrated and pushing up home prices. And the lack of new construction on homes is making that shortage...