“The housing market continues its stutter-step road to recovery, as the spring buying season gains momentum. Despite uneven growth in the past nine months, some experts believe homes sales have finally turned a corner.”
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“The problem with the American housing market isn’t that too few of us want to move. We estimate that at least 4 million homeowners would love to sell their home and buy another one that’s bigger, smaller, better located or more affordable.”
“Carlsbad attorney Michael T. Pines’ license to practice law was suspended Thursday by the State Bar Court, which said his actions actions on behalf of foreclosed homeowners “tarnished the reputation of other attorneys and the legal community as a whole.””
“CHICAGO — Funds for refinancing home mortgages were much more available in predominantly white sections of major U.S. cities than in minority areas after the recent housing crash, a study showed Thursday.”
‚ÄúLogic, as well as statistics, have always placed San Francisco firmly as a renter’s city. Not saying people don’t buy here: real estate does quite well in general. But for most people, buying is either silly or flat out impossible.‚Äù
“A National Association of Realtors index that tracks pending sales of existing homes rose 5.1 percent in March but dropped 11.4 percent compared to the same month last year.”
‚ÄúSeveral of the nation’s largest public home builders reported earnings this week, and I was struck by the way their CEOs spoke of the current state of housing, especially in what I’m sure were some very carefully crafted written earnings statements.‚Äù
‚ÄúWe’re always looking at indicators to see where the housing market is headed, like today’s reading of the Realtors’ “Pending Home Sales Index,” which measures contracts signed for home purchases, hence an indicator of future closings. We look at consumer confidence, construction permits, even employment numbers to gauge housing’s future, but what about remodeling as an indicator?‚Äù
“Wednesday, Federal Reserve Chairman Ben Bernanke told reporters that U.S. housing was in a “double dip.”
“The smaller the Orange County apartment unit, the large the rent hike. So says the first quarter report from RealFacts.”
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