The long-awaited turnaround in the housing market may finally be underway, at least in the active adult segment, if data provided by Epcon Communities are any indication.
Using data released last week by Trulia on rentals in the 100 largest housing markets nationwide, 24/7 Wall Street determined the six U.S. metropolitan areas where rental costs have increased the sharpest in the last year (by 10 percent or more).
Bank of America announced it will be offering mortgage principal reduction to 200,000 underwater homeowners with loans owned or serviced by B of A this summer, according to CNBC.
With more than $3.9 billion in total residential revenue and 15,275 closings in 2011, PulteGroup tops Professional Builder’s annual Housing Giants ranking of the nation’s largest home-building companies. See which firms made the list.
Realty Times reports that fixed mortgage rates hit all-time lows across the board this week, as indicated by Freddie Mac’s Primary Mortgage Market Survey.