Residential mortgage bonds, the center of the financial crisis not long ago, are once again darlings of the financial market. READ MORE »
Posts in category Real Estate
New home construction drops, but outlook brightens
New home construction fell to the lowest level of the year in June, but there were indications of increased activity in coming months, the government said Tuesday. READ MORE »
Finding Residential Hard Money Lenders: A Wise Career Move
Contrary to what most people believe, you don’t have to amass a great fortune to start investing in real estate. In fact, there are lots of investors who started out in the business without needing a huge investment capital. This is the reason why real estate investing has become a huge hit among those who want to gain financial freedom because you can start generating profits using other people’s money. READ MORE »
New-home sales rebound from record low in June
U.S. sales of new homes had a better-than-expected rebound in June after falling to record lows in May.
Sales rose 23.6% in June to a seasonally adjusted annual rate of 330,000, the Commerce Department reported Monday. READ MORE »
Home Prices in 20 U.S. Cities Rose More Than Forecast
Home prices in 20 U.S. cities rose more than forecast in May from a year earlier as a government tax credit temporarily underpinned sales. READ MORE »