Austin-area home sales hit 7-year high

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New U.S. single-family home sales surged in February to their highest level in seven years despite harsh winter weather, in a hopeful sign for the housing market.. Sales of new homes hit a 7.

NEW YORK (CNN Business) – If you’re looking to buy a home. hit 5.05 percent — the highest since February 2011. And federal mortgage buyer Freddie Mac said rates for a 30-year fixed mortgage are.

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NEW YORK ( — The mortgage bomb hit. homes on the market. The inventory of new homes on the market rose to an 8.2 month supply, as the glut of completed homes without a buyer was near.

Bank of America raises affordable housing commitment The 1954 charter enacted a method for Fannie Mae to raise private. has used the federal housing finance enterprises to accomplish various policy goals-housing policies too often advanced under the.

Home sales in Austin hit a seven-year high in March to 2,262 single-family homes sold. And they’re selling fast, too. Austin-area homes are spending an average of 51 days on the market.

May 2013 marked a seven-year high for southern california home sales, according to a La Jolla-based DataQuick research firm. Last month a record $4.65 billion in cash was spent on housing in the area..

Mortgage interest rates hit a seven-year high this week when the average 30-year fixed mortgage. year and had a recent low of 3.78% last September, USA Today reports. Home sales have already.

Luxury home listed for $14M last year starts bidding at $1 Wells Fargo CEO: GSEs choke mortgage business Carrington’s Sharga: We are not creating another housing bubble With residential home prices continuing to appreciate at levels above historic norms, some are questioning if we are heading toward another housing bubble (and subsequent burst) like the one we experienced in 2006-2008. Recently, five housing experts weighed in on the question. Rick Sharga, Executive VP at Ten-X: "We’re definitely not in a bubble." "We.Bond Insurer MBIA said to experience huge data leak Shares of bond insurer MBIA (NYSE:MBI) surged Tuesday on speculation of an upcoming settlement with Bank of America (NYSE:BAC), closing at $9.04, up 6.86% on the day. The situation is covered very.Wells Fargo & Co. said after market close on Monday that it will record other-than-temporary impairment and take a non-cash charge to earnings for its investments in perpetual preferred securities.Mr Juncker said last night: ‘The risk of a disorderly withdrawal of the. Germany’s foreign minister Heiko Maas yesterday said talks will start back up. But in a blow to No10 he downplayed hopes of.

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SAN DIEGO (AP) – California home prices reached fresh seven-year-highs in March, a research firm said Friday, helping sales rebound from a two-month slide as some homeowners put their property on the.