By Robbie Whelan and Alan Zibel
For at least the last six months or so, a lot of people were talking about a “new wave” of foreclosures threatening to smother the U.S. housing market in gloom once again.
The reasoning was that because of the “robo-signing” scandal, and the … [Read More...]
Mortgages rates are unchanged to slightly higher today. The change is so minimal that for all intents and purposes, you might as well consider rates "unchanged." This is a rather remarkable accomplishment considering tomorrow's Jobs report because it means that, on … [Read More...]
Nicolas Arellano Photography
House of the Day: This airy, 3,360-square-foot apartment in Tribeca still bears remnants of its industrial past.
Here is a look at real-estate news in Thursday’s WSJ:
Beazer Books Surge in Home Sales: Beazer Homes USA Inc. reported a narrower … [Read More...]
A report out Thursday says that strengthening asking prices for homes point to higher sales prices as early as June, which would be a welcome turn for the beleaguered sector.
Asking prices nationally were 0.5% higher in April than in March on a seasonally adjusted basis, said Jed Kolko, … [Read More...]