U.S. builders started work on more homes in August, driven by the fastest pace of single-family home construction in more than two years. The increase points to steady progress in the housing recovery.
WASHINGTON — U.S. builders started work on more homes in August, driven by the fastest pace of single-family home construction in more than two years. The increase points to steady progress in the housing recovery. The Commerce Department said Wednesday that construction of homes and apartments rose 2.3 percent to a seasonally adjusted annual rate [...]
WASHINGTON –You wouldn’t know it from listening to the Republican National Convention, but the nation’s economic picture seems to be slowly getting a little brighter — not a lot, and not very fast, yet there are some glimmers. But a steady drumbeat of gloom and doom is predictably being sounded at the GOP gathering in [...]
Average U.S. rates on fixed mortgages have risen for a fourth straight week, remaining slightly above record lows. Cheap mortgages have helped fuel a modest housing recovery this year.
Americans bought more homes in July than in June, the latest evidence that the housing market is slowly recovering.
U.S. builders broke ground on slightly fewer homes in July than June. But in a hopeful sign for future construction, applications for building permits rose to their highest level since August 2008.
U.S. homebuilders grew more confident in the housing recovery in August, as many reported that prospects for sales are the best they’ve been since the home bubble burst five years ago.
Charlotte officials say they have enough hotel and motel rooms to handle the crowds. But some residents listed their homes just in case people wanted an alternative to hotels. They're banking on landing visitors who didn't plan ahead and also targeting big groups with deep pockets.
The number of homes that received an initial notice of default – first step in the foreclosure process – was 6 percent higher in July than last year, foreclosure listing firm RealtyTrac said. Filings of initial default notices have increased on an annual basis three months in a row.
LOS ANGELES — More homes started on the path to foreclosure in July, even as lenders pulled back on home repossessions. The number of homes that received an initial notice of default — first step in the foreclosure process — was 6 percent higher in July than last year, foreclosure listing firm RealtyTrac said Thursday. [...]