Housing market holds steady
Home sales in the Charlotte area “held steady” in September, according to the Charlotte Regional Realtor Association, which owns the Carolina Multiple Listings Services Inc. Sales were up 3.2 percent […]
Charlotte housing market expected to outperform national average
Expectations that Charlotte will experience better-than-average job growth this year have caused the chief economist for the National Association of Realtors to predict the Queen City will be a top […]
Can US housing industry’s comeback endure? The outlook dims
WASHINGTON – The U.S. housing market has sizzled this summer, lifting expectations that home sales will finally help drive an economic expansion now in its seventh year. Or will it? […]
Charlotte housing market still sees investor heat
With the economy rebounding, Charlotte‘s housing market is no different from those in other major metros experiencing a drop off in all-cash and distressed sales. But that doesn’t mean institutional […]
RealtyTrac: Hagan favored to win over Tillis
The N.C. housing market favors Democratic incumbent Sen. Kay Hagan in the upcoming election, according to RealtyTrac. The California-based supplier of real estate data says that unemployment is down in […]
CORRECTED: Downside of low US mortgage rates? Less selling
Editor’s note: In a story July 11 about people who are hesitant to sell their homes and give up their ultra-low mortgage rates, The Associated Press reported erroneously that a […]
Report: Housing recovery will be “bumpy”
Fasten your seatbelts. The housing recovery will take longer and be bumpier than originally anticipated, a new report released by Wells Fargo’s economic group finds. The Housing Chartbook for May […]
Housing market still far from ‘normal’
Future home price expectations are a key motivator for today’s buyers. This and other affordability factors will determine the speed of our total housing recovery. More than 100 experts are […]
US mortgage applications tumble to a 13-year low
WASHINGTON — The number of Americans applying for mortgages has fallen 63 percent since a May peak, reflecting a cooling housing market and higher borrowing rates. The Mortgage Bankers Association […]
Nearly 300 housing markets listed as improving in September
A total of 291 metropolitan areas across the country – including Charlotte – now qualify as improving housing markets, according to the National Association of Home Builders/First American Improving Markets Index (IMI) for September, released Tuesday.
Housing market continues to improve for sellers
Preliminary August data from the Carolinas Multiple Listing Services Inc. continue to indicate a strengthening housing market, with the number of sales, home prices and new listings rising while the inventory and average number of days on the market declined.
Millions of homeowners remain underwater on mortgages
As of Sept. 1, 10.7 million residential homeowners in the U.S. are deeply underwater on their mortgages and another 8.3 million homeowners are just about staying afloat. According to a report released on Wednesday by RealtyTrac, an Irvine, Calif.-based real estate analytics firm, the 10.7 million homeowners who are deeply underwater to begin this month – meaning they owe 25 percent or more on th[...]
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