Supplies are at levels not seen since the frenzy of the last housing boom while the median price for a new home hit a record high, further signs that housing is recovering.
The department-store chain saw its loss more than quadruple — a big miss compared to what analysts had expected. Revenue, however, beat. Shares fell sharply after-hours.
Is now the time to refinance and lock in your mortgage while rates are still low? David Stevens, Mortgage Bankers Association president, offers guidance. With CNBC's Diana Olick.
Checking up on the status of the downtown Boston real estate market, with P.T. Vineburgh, Charlesgate Realty Group. The power house listing of the week is priced at $2.85 million brownstone with 1,906 square feet and about $30,000 in taxes.
Lennar's CEO Stuart Miller says there is still more room to grow in home prices, despite the record of 2.3 percent gain in April, reports CNBC's Diana Olick.
Supplies are at levels not seen since the frenzy of the last housing boom while the median price for a new home hit a record high, further signs that housing is recovering.
Sales of new homes rose to the second highest level since the summer of 2008 while the median price for a new home hit a record high, further signs that housing is recovering.
Chris Ludeman, Global President of Capital Markets at CBRE, discusses Taiwan's move to ease property investment rules for insurers and the markets that are likely to benefit.
The sales pace is back to what it was in 2005 and 2006, but the circumstances are of course very different. Now it's about stiff competition for limited supply.
Applications for home mortgages dropped last week for a second-straight week as a spike in interest rates stymied demand for refinancing, the Mortgage Bankers Association says.
New house prices in 70 major cities rose by an average of 4.3 percent in April from a year earlier, accelerating from 3.1 percent in March. The Financial Times reports.
Thanks to the brightening employment picture and an uptick in the housing market, Americans are packing up and relocating. And the pace is likely to pick up this summer.
Prices are just stabilizing in South Carolina, but in Long Island's Hamptons, home prices are roaring back and rentals are fully booked for the season.
With housing now in recovery and apartment rents rising, there is new concern that tenants and investors alike will move out of the multi-family space.
The talk radio personality has reportedly bought a piece of oceanfront property that is the highest dollar deal recorded this year in the tony Florida town.