Economy: Page 141
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Foreclosures rise on Fannie and Freddie loans
Starts on foreclosures on the government-held home mortgages went up in the first quarter for the first time since the process was frozen in 2010.
By Ron Gallagher • June 18, 2012 -
Stated-income lending is back, but lender says it's only for select borrowers
Rancho Financial is going back into no-proof-of-income mortgages, but says high-net-worth bank statements from borrowers will prevent abuse.
By Ron Gallagher • June 18, 2012 -
NAHB/Wells Fargo: Builder confidence at highest in five years
It's only one point on a scale of 100, but the industry will take what upbeat news it can get.
By Ron Gallagher • June 18, 2012 -
Industrial building has momentum, but it's uneven across the country
Professionals heard numerous reports about U.S. markets and the nation as a whole during NAIOP's I.con: The Industrial Conference.
By Ron Gallagher • June 18, 2012 -
Construction employment declined in 30 states between May 2011 and 2012
More states lost construction jobs in May than at any point since June 2011.
By Ron Gallagher • June 15, 2012 -
Freddie Mac mortgage report shows rate-decline ending
The federal guarantee company's weekly survey of lending differs from private-sector Zillow's conclusions.
By Ron Gallagher • June 15, 2012 -
Marketing trailer and luxury homes: Separate and not equal
Anyone who's selling both trailers and luxury homes had better segregate the two in on line marketing.
By Ron Gallagher • June 15, 2012 -
Study concludes that housing is no more affordable than before the bust
An analysis combines prices and mortgage rates with stiffer credit terms to conclude that not much has changed in U.S. housing.
By Ron Gallagher • June 15, 2012 -
Nine takeaways from Harvard's 2012 'State of the Nation’s Housing'
Overall, the annual study says economists think this year may be the bottom for home prices, but there are still drags on recovery.
By Ron Gallagher • June 14, 2012 -
Improving markets down from 100 to 80 in latest NAHB measure
The Improving Markets Index slipped, but it has at least one metro in 31 states (including the District of Columbia).
By Ron Gallagher • June 13, 2012 -
Mortgage rates fall yet again, Zillow says
The rate for a 30-year fixed-rate loan is at 3.56% in Zillow's weekly compilation of quoted offers.
By Ron Gallagher • June 13, 2012 -
Construction materials prices drop a pinch − but will it last?
Two national industry organizations disagreed on how much, one putting the decline at 0.5% from April and the other at 0.3%.
By Ron Gallagher • June 13, 2012 -
Developers wager on new office towers in three large cities
In some places, developers are betting on the recovery and planning new buildings on spec.
By Ron Gallagher • June 12, 2012 -
Foreigners' buying made up 8.9% of U.S. residential sales
Foreign buyers are snapping up U.S. residential real estate, drawn by bargains and the dollar's weakness against some currencies.
By Ron Gallagher • June 11, 2012 -
After rocky acquisition, Manitou aims to best Bobcat
The company says it has turned profitable again and will produce the world's largest skid-steer loader.
By Ron Gallagher • June 11, 2012 -
5 fastest growing (and shrinking) states by GDP
North Dakota saw the largest GDP gain in 2011, while Wyoming experienced the steepest decline.
By Ron Gallagher • June 11, 2012 -
For-sale multi-family housing picks up steam
The rental market is still hot, but it’s no longer the only game in town.
By Ron Gallagher • June 11, 2012 -
CRE leaders agree that companies need stronger boards
Ferguson Partners talked to a range of executives about what good governance and performance require of directors.
By Ron Gallagher • June 11, 2012 -
HUD’s Donovan: Congress needs to act to restore housing market
Obama appointee says administration's plans can help create jobs in home building.
By Ron Gallagher • June 8, 2012 -
As banks hesitate, mezz funds see rescue opportunities
Debt maturities looming over the next five years make ample room for rescue capital, experts said at a ULI conference.
By Ron Gallagher • June 8, 2012 -
FHA will be selling off more troubled loans
The Federal Housing Administration plans to ramp up sales to investors of non-performing loans it has on its books.
By Ron Gallagher • June 8, 2012 -
Big homes are back in business
As the economy slowly improves and some consumers' anxieties ease, buyers are upsizing again.
By Ron Gallagher • June 8, 2012 -
Mortgage rates fall for a sixth week
Mortgage rates are holding up their end of the effort to have a housing recovery, dropping again this week.
By Ron Gallagher • June 7, 2012 -
WYDOT shifts to road "preservation" as budgets tighten
Officials say they simply cannot keep up past efforts – and they know the public won't like it.
By Ron Gallagher • June 6, 2012 -
The St. Louis Fed's view: Distressing mortgage conditions are not over
In a talk titled "The Aftermath of the Housing Bubble, regional Fed President James Bullard warned that housing markets are not rebounding the same everywhere.
By Ron Gallagher • June 5, 2012
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