In August, the typical home for sale sold in just 36 days, according to new data from the National Association of Realtors. That's 11 days quicker than last year. Additionally, nearly half of all homes sold were off the market in less than a month. Homes are selling faster and …

New numbers released by the U.S. Census Bureau and the Department of Housing and Urban Development show the number of authorized permits to build single-family homes rose 3.7 percent in August. That encouraging news was the bright spot in an otherwise lackluster August residential construction report. However, because permits are …

You may not have given any thought to whether or not home builders are feeling optimistic about the market but it has something to do with you. Whether you're a prospective home buyer or an owner looking to sell their house, the new home market plays a role. That's because, …

One of the traditional arguments in favor of homeownership is that it helps build wealth. That's based on the fact that, as you pay your off your mortgage, you are gaining an ever-larger percentage of ownership. The other part of that equity equation is dependent on rising home values. When …

Over the past few years, housing quickly shifted from a buyers' bonanza to a sellers' market due to rapidly rising home prices. Home values – which experienced double-digit drops during the financial crisis – rebounded significantly and made the market more attractive to homeowners who wanted to sell. In Havelock, …