markets

markets

Santa Fe’s Canyon Road the 2nd Most Iconic Street in the US

Readers of USA Today's 10 Best travel website voted Santa Fe's Canyon Road the 2nd Most Iconic Street in the US.*   Canyon Road was cited for its half-mile of adobe buildings housing over 100 art galleries, and restaurants in the area serving Southwestern cuisine. Santa Fe received its
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10 cities with the highest rent spikes in 2012

Home prices might still be recovering, but the price of rentals has skyrocketed in these cities. Houston, TX Year-over-year rise: 16.8% Vacancy rate: 3% Median monthly rent: $1,270.50 They say all things are bigger in Texas. And now Texans can include what they pay for rentals. Oakland,
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5 Types Of Buyers Will Be Rushing Into The Housing Market In 2013

With the housing market bottoming in 2012, economists and other experts are becoming increasingly optimistic about the U.S. housing market in 2013. From John Burns Real Estate Consulting: "Assuming our leaders in DC come to some sort of agreement that keeps the economy growing and interest rates
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J.P. Morgan Says in 2013 Home Prices Could Jump 9.7%

Home-price forecasts for 2013 are on the rise. J.P. Morgan Chase & Co. expects U.S. home prices to rise 3.4% in its base-case estimate and up to 9.7% in its most bullish scenario of economic growth. Standard & Poor’s, which rates private-issue mortgage bonds, on Friday said it expects
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12 Straight Months of Increases in Home Values

National home values rose by 1.1% in October from September, the largest monthly gain in seven years, according to a report released Wednesday by Zillow, the online real-estate information company. It’s the first time housing markets have posted 12 straight monthly gains in the Zillow survey
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Mortgage rates are falling to record lows again

NEW YORK (CNNMoney) -- The nation's extremely favorable mortgage rates sank even lower this week, setting records for both the 30-year and 15-year fixed rate loans. The 30-year fell to 3.31% from 3.34% last week, according to Freddie Mac (FMCC, Fortune 500), the government controlled mortgage
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Housing Is Finally Giving the Economy Some Love

Friday’s report on U.S. economic growth confirms two emerging trends about the long-ailing housing sector: It is finally delivering a lift to the economy, but it is not delivering anywhere near the kind of boost that it traditionally has during a period of economic expansion. Housing has now
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New home sales hit a two year high

NEW YORK (CNNMoney) -- In another sign of a housing market recovery, new-home sales rose in September to the highest level in more than two years, according to a government report released Wednesday. Sales sold at an annual rate of 389,000 homes in the month, according to the Census Bureau
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Foreclosures fall in 62% of the nation’s 212 largest markets

NEW YORK (CNNMoney) -- Foreclosures fell in nearly two-thirds of the nation's largest metro areas during the third quarter, according to RealtyTrac Thursday. With 62% of the nation's 212 largest markets seeing foreclosure activity shrink during the latest quarter, the ongoing decline is yet
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