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Housing News

Housing news continually updated from thousands of sources around the net.

1 hr ago | The Globe and Mail

Data show home prices will continue to rise

It would now take 5.8 months to sell all of the inventory that's on the market nationally , down from six months in each of May, June and July. It would now take 5.8 months to sell all of the inventory that's on the market nationally , down from six months in each of May, June and July.

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Related Topix: North America, Canada, World News

Mon Sep 15, 2014

Marin Independent Journal

San Rafael approves purchase of home next to fire station

The home at 1309 Fifth Ave. in San Rafael is next to the downtown fire station and near City Hall. San Rafael is moving forward with plans to purchase a home near City Hall with the intent of possibly leveling the site to make room for a new public safety building.

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Related Topix: San Rafael, CA, Fire

Yahoo!

Experts reject Aust housing bubble claims

Australia is not experiencing a housing bubble, but the central bank says it's keeping a close eye on the property market amid a recent resurgence in home prices. Reserve Bank assistant governor Christopher Kent said home price growth had recently shown signs of renewed strength, particularly in Sydney and Melbourne, with most of the growth coming from the investor market.

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International Business Times

Australia Second Highest Overpriced in World in Housing Prices

A National Australia Bank logo is pictured on an automated teller machine in central Sydney September 12, 2014. National Australia Bank, the country's No.4 lender by market value, said contingency plans for its Scottish-based subsidiary included moving to England if Scotland votes to end its 307-year union with the rest of the United Kingdom.

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Related Topix: Financial Services, National Australia Bank

Business Journal

Go inside Phoenix's most expensive home sale of August

The most expensive home sale the Phoenix Business Journal recorded in August was an almost $3.6 million mansion in D.C. Ranch in Scottsdale. John and Lisa Berry sold the 7,921-square-foot house for $451.33 per square foot to Kirk and Karen Erickson.

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Related Topix: Scottsdale, AZ

Prince George Citizen

New rules aim to reduce default rates in reverse mortgages amid signs program is ...

Advertised as a path to an affordable retirement, federally insured reverse mortgages are showing signs of a rebound, drawing the scrutiny of regulators seeking to reduce historically high default rates that have cost the government billions. Industry analysts expect strong growth as the housing market improves, particularly in once hard-hit Sun Belt areas including Phoenix, Miami and San Diego, California, and aging Americans find value in growing old in their homes.

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Related Topix: Home, Mortgage, Personal Finance, Social Security

KTMF

Once-troubled reverse mortgages poised for rebound

11, 2014 photo, Myles Griffin, 74, poses for a photograph in front of his home in Philadelphia. . In this Thursday, Sept.

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Related Topix: Home, Mortgage, Personal Finance, Social Security

Lake County Record-Bee

Lake County Homefront: What is the future of the housing market?

I have been an observer of the Lake County's housing market for many years. I have seen it when interest rates were high and sales were sluggish to the hot market that peaked in 2005 and back down again.

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Related Topix: Lake County, CA, August, CA, Home Buying, Home, Mortgage, Personal Finance

Charleston Business Journal

Lowcountry home sales up 5% during summer months, Realtors group reports

The number of homes sold in the Lowcountry in August increased slightly from 2013, according to preliminary data released by the Charleston Trident Association of Realtors .

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Related Topix: Real Estate, Berkeley County, SC, Charleston County, SC, Mount Pleasant, SC

Post and Courier

South Carolina home sales edge lower in August, trade group says

Home sales in South Carolina slipped slightly in August from the same month a year ago, new figures from the industry's trade group show. Completed transactions edged down 0.6 percent to 6,302, and pending deals were down 0.2 percent to 5,692, Columbia-based S.C. Realtors said Monday.

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Related Topix: Columbia, SC, Real Estate, Charleston, SC, Myrtle Beach, SC

Business Journal

RMLS: Residential real estate activity cools off in August

August had its fair share of hot days this year, but residential real estate in the metro region cooled off a bit for the month. That's according to the latest numbers from the Regional Multiple Listing Service , which reported that new listings fell by a little more than 9 percent in August over the prior month.

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Silicon Alley Insider

China Was Blasted Back To 2008 This Weekend

China released a bunch of grim economic data this weekend, the worst of it being industrial production, which slowed to its lowest level since doom year 2008. It's a flashback nobody in markets wants to experience and indicates that, unless the government wants to step in, China will be shrinking for the near term at the very least.

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Nanaimo Daily News

Canadian Real Estate Association raises home sales forecast, August sales up

The Canadian Real Estate Association raised its home sales forecast Monday on the back of stronger than expected sales in recent months after a slow start to the year. The association said sales through its Multiple Listing Service are now expected to total 475,000 homes for 2014, up from a June prediction of 463,400.

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Related Topix: Home Buying, Home, Mortgage, Personal Finance

Canada.com

Calgary home prices rising faster than rest of country

Canada's resale housing market saw its seventh consecutive monthly increase in MLS sales in August reaching the highest level since January 2010 and Calgary continued to outpace the nation with year-over-year price growth. The Canadian Real Estate Association reported Monday that Calgary's annual price gain of 9.83 per cent in the MLS Home Price Index was much steeper than the national aggregate of 5.33 per cent.

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Related Topix: North America, Canada, World News, Home, Mortgage, Personal Finance

The Orlando Sentinel

Orlando home prices drop in August

Home prices in the core Orlando market took a seasonal dip in August, dropping from a midpoint of $170,950 in July to $165,000 last month, according to a new report released Monday by Orlando Regional Realtor Association. Prices typically soften following the peak summer buying season but officials with the association said the decline was also the result of a large number of distress properties selling last month and further depressing the region's median price.

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Related Topix: Orlando, FL, Real Estate, Foreclosures, Business News

Northern Michigan News

Local author writes guidebook for historic vacation rentals

Author Randy Johnston shares something in common with SpongeBob SquarePants and I bet you can't guess what it is? Johnston, who goes by the pen name Randy Rassoul, is hoping to encourage American travelers to find some of the most interesting and unusual rental properties in the world with her new book "I Slept In a Pineapple." "I Slept In a Pineapple" is a guidebook to historic vacation rentals in the United Kingdom and Ireland Johnston said took nearly six years to complete.

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Related Topix: Europe, World News, United Kingdom

Sun Sep 14, 2014

Channelnewsasia.com

Singapore private home sales down 15% on-month in August

Developers sold 432 new private homes last month, down from the 509 units sold in July, according to the Urban Redevelopment Authority. SINGAPORE: The private housing market remained in the doldrums in August, with sales of homes falling 15 per cent from the previous month as developers continued to scale back new launches.

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The Virginian-Pilot

Suffolk wetlands dispute bogs down warehouse plan

The Army Corps of Engineers has declared that major portions of this property in Suffolk are entitled to federal protection as wetlands. Scott Camp, a residential real estate developer in the Richmond area who bought the property from International Paper in 2008, insists the property is not wetlands.

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Related Topix: Construction, International Paper, Paper

The Miami Herald

Rebounding market provides confidence for more affordable housing options

Nationwide, pending home sales have risen in four of the past five months. In Broward County, we see a similar model of confidence in the housing market.

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Related Topix: Home Listing, Home, Real Estate, Mortgage, Personal Finance, Foreclosures

Sydney Morning Herald

Analyst worries Genworth may be exposed

Reserve Bank board members, economists, bankers and investors all continue to debate whether the strength of the local housing market is sustainable. Genworth Mortgage Insurance Australia could turn out to be the ultimate bellwether stock.

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Related Topix: Home, Mortgage, Personal Finance

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