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Housing Market

Pending home sales up in February

Pending home sales were up in February after a disappointing January, according to a report released on Monday.

Ohio Association of Realtors says that home sales up in February

The Ohio Association of Realtors says February's snowy and icy weather throughout Ohio did not hurt the state's home sales, reports the Associated Press.

Housing Market News

Up front loan modification fees banned in California
These so called "cash up front" modification contracts have been used to dupe many consumers out of thousands of dollars.
First time home buyer tax credit extended to April 2010
The U.S. Congress took steps to help first time home buyers by extending the tax credit
Mortgage refinance activity up due to lower interest rates
Mortgage refinance share of applications increased to 71.5%, according to the Mortgage Bankers Association.
Construction industry spending to fall in 2010
Although the residential construction market is expected to rebound, commercial construction is going to have a substantial negative impact.
California homebuyer tax credit extended

California Governor Arnold Schwarzenegger signed legislation to provide a tax credit to Californians who are buying their first home or purchasing a brand new home.

Recent Housing Market News

Varying trend in foreclosure activity among top 10 metro areas
Las Vegas is the highest
Six states account for more than half of foreclosure activity
These six states totaled 61% of all foreclosure activity, according to a foreclosure tracking report.
Interest in buying foreclosure properties down - survey
The survey conducted in November shows that 43% of U.S. adults are interested in purchasing a foreclosed home in the future.

More Housing Market Headlines