Consumers allocate too little or too much money for housing costs compared with mortgage lending standards, survey finds
Decline attributed to fall in multiple starts
Demand for previously owned homes in the United States slid more than expected in September amid continued problems in the mortgage market, with single-family sales hitting their lowest sales pace in nearly 10 years.Overall home resales declined to a 5.04 million annual rate, an 8% decrease from August’s downwardly revised 5.48 million annual pace, the […]
2 million boomers plan to buy a home within the next three years
Increased condominium starts reflect strong condo sales over the past 12 to 24 months
Home improvement spending still on the rise
Rising home prices, mortgage rates, utilities and taxes drive erosion
Buyers over 55, changing lifestyles, will keep market growing through 2011
Prices drop, inventories rise
Urban starts decline 5.7% compared to June