Shilling on U.S. Home Market, Prices, Foreclosures
May 22 (Bloomberg) — Gary Shilling, president of A. Gary Shilling & Co., talks about the outlook for the U.S. housing market. Sales of existing U.S. homes rose in April, driven by broad-based gains in demand.
Foreclosures decline in U.S., King County in April
The number of U.S. homes taken back by lenders in April declined 7 percent from March and 26 percent from April 2011, RealtyTrac reported. In King County, the number of homes repossessed was down 19 percent from March and a whopping 65 percent from last April
U.S. Workforce Unprepared for New Reality of Workplace Benefits, Survey on Long-Term Disability Reveals
Although medical problems contribute to roughly half of all personal bankruptcies and home foreclosures in the United States, many of the nation’s full-time workers have insufficiently planned for the risk of long-term disability, concludes a study released today by the U.S.
Foreclosures squeeze U.S. home prices
Rising foreclosures are weighing on the U.S. housing market, reducing prices and keeping new-home sales weak. Foreclosed homes usually are sold at steep discounts, thereby lowering average prices.
U.S. homeownership rate at 15-year low
The 65.4% homeownership rate in the first quarter is down from 66.4% a year earlier, according to the Census Bureau. But recent data suggest the housing market’s outlook is promising. High foreclosure rates and a strong rental market pushed the homeownership rate in the U.S. to a 15-year low, even as projections for the housing [...]
Foreclosures squeezing U.S. home prices and sales
Rising foreclosures are weighing on the U.S. housing market, reducing prices and keeping new-home sales weak.
ASHI Survey Reveals Home Inspections Boost Homebuyer Confidence in 88 Percent of U.S. Adults
According to a survey released today by the American Society of Home Inspectors , 85 percent of those surveyed believe distressed properties, such as foreclosures and short sales, can be good deals.
PA. FORECLOSURES OUTPACE U.S. RATE – Philadelphia Daily News
HOME foreclosure activity across Pennsylvania has jumped this year because of a spike in mortgage defaults, according to an industry report released Thursday. Lenders issued 1,036 default notices – starting the foreclosure process – to …
Home Prices Seen Dropping 10% in U.S. on Foreclosures: Mortgages
As many as 1.25 million of America’s least cared for homes are headed for auction after a year-long probe into foreclosure practices kept them off the market.
U.S. home resales have best winter in 5 years
U.S. home sales are gradually coming back. A mild winter and a stronger job market helped boost sales ahead of the crucial spring buying season.