Reuters - U.S. housing prices may still fall more than 10 percent, killing an incipient recovery, as demand from first-time home buyers fades, leading economist Nouriel Roubini said on Thursday.
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Roubini says housing market hasn’t bottomed (Reuters)
Mortgage rates remain below 5 percent (AP)
AP - Average rates for 30-year home loans stayed below 5 percent for the second-straight week, kick-starting refinancing activity, Freddie Mac said Thursday.
U.S. home buyer negotiating power falls in Aug: Zillow (Reuters)
Reuters - Home buyers in much of the United States paid thousands of dollars below the asking price, but had slightly less negotiating power in August than in July, real estate website Zillow.com said on Thursday.
Forecast: California home sales to slow in 2010 (AP)
AP - Home sales in California are expected to dip next year, bucking the national trend, as unemployment and the loss of a tax incentive for homebuyers weigh on the country’s largest housing market, a forecast Wednesday showed.
Mortgage rates below 5 percent fuel re-fi boom (AP)
AP - Every dollar counts in this economy.
U.S. mortgage applications at 4-month high (Reuters)
Reuters - U.S. mortgage applications surged last week to their highest since mid-May as consumers sought to take advantage of the lowest interest rates in months, data from an industry group showed on Wednesday.
U.S. mortgage applications at 4-month high (Reuters)
Reuters - U.S. mortgage applications surged last week to their highest since mid-May as consumers sought to take advantage of the lowest interest rates in months, data from an industry group showed on Wednesday.
U.S. Treasury set to finalize home "short sales" plan (Reuters)
Reuters - The U.S.
Consumer bankruptcies soar in September (Reuters)
Reuters - Consumer bankruptcies soared 41 percent in September from a year before and climbed from August, as high unemployment and the housing market crash took their toll, the American Bankruptcy Institute said on Friday.
August pending home sales rise to 2 1/2 year high (AP)
AP - Aspiring homebuyers rushed to take advantage of a tax credit for first-time owners that expires in November, driving up the number of signed sales contracts for the seventh straight month in August.
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