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01/16/2008 Builder confidence rises slightly in January
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A gauge of builder confidence in the housing market edged up in January compared to the previous month but was well below its level in January 2006, the National Association of Home Builders and Wells Fargo reported today.
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01/16/2008 Home loan apps jump 28%
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Mortgage application volume during the second week of January posted a huge increase as interest rates continued to decline, the Mortgage Bankers Association reported today.
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01/16/2008 IndyMac Bancorp announces 2,400 layoffs
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IndyMac Bancorp Inc. said Tuesday it would cut 24 percent of its staff -- some 2,403 workers -- and forecast that 2008 loan volume will fall to $43 billion, or less than half the business the alt-A lender did two years ago.
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01/16/2008 Terabitz rolls out customized search tools for brokers
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Terabitz, a real estate technology company that launched a real estate search platform in July 2007, is building tools that allow brokerage companies to integrate content from several multiple listing services and also incorporate other neighborhood information for display on their own Web sites.
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01/16/2008 Nightly real estate rates fall further
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Long-term mortgage interest rates were down again Tuesday, and the benchmark 10-year Treasury bond yield dropped to 3.67 percent.
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01/16/2008 Citigroup losses, retail sales spook investors
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An $18.1 billion write-down on investments tied to subprime mortgages at Citigroup Inc. and a report showing a slowdown in retail sales in December prompted a broad sell-off in the stock market Tuesday, with real estate and financial stocks among the hardest hit.
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01/16/2008 Steer your blog toward the long tail
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01/16/2008 California new-home sales fall 55% in November
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New-home sales plummeted 54.6 percent in California and the statewide median price fell 7 percent in November compared to the same month in 2006, according to a report released Tuesday by the California Building Industry Association and Hanley Wood Market Intelligence.
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01/15/2008 PMI: Odds favor price declines in 13 top markets
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The chance that home prices will fall during the next two years increased in 39 of the 50 largest U.S. markets during the third quarter, according to the latest quarterly risk index from PMI Mortgage Insurance Co.
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01/15/2008 Homestore CEO's fraud conviction overturned
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