Why rising interest rates could eventually curb price gains

Rising home prices are raising concerns among some housing analysts that prices could again become unaffordable if price gains outpace income growth.

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Selling your home? The cards are in your favor

Selling your home? In most parts of the country, you have finally regained the upper hand.

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“Underwater” homes decline nationwide

Roughly 20,000 borrowers escaped their “negative equity” positions during the final three months of last year, CoreLogic reported.

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Residential construction spending rises in February

The U.S. Census Bureau of the Dept. of Commerce announced this week that construction spending during February 2013 was estimated at a seasonally adjusted annual rate of $885.1 billion, 1.2 percent above the revised January estimate of $874.8 billion. The February figure is 7.9 percent above the February 2012 estimate of $820.7 billion.

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CoreLogic reports home prices rose in February

CoreLogic’s February CoreLogic HPI® report shows that home prices increased 10.2 percent year over years in February, representing the biggest year-to-year increase since March 2006. On a month-over-month basis, including distressed sales, home prices increased by 0.5 percent in February 2013 compared with January 2013.

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