New York Realtor

By Aaron Task | Daily Ticker
Bank of America this week announced it is severely cutting back sales of loans to Fannie Mae. The move is part of Bank of America's (BAC) ongoing efforts to undo the damage of its ill-fated acquisition of Countrywide Financial in 2008, but could have...

By Meg Handley | U.S.News & World Report LP
There are more than 2.4 million homes for sale in the United States and even more in the foreclosure pipeline, and yet builders are still putting up new houses, according to recent construction data....

C-NBC  Dec 9, 2011
After half a decade of withering sales and slumping prices, there are strong and diverse signs that the single-family housing market is poised for a rebound.
In some metropolitan areas, the market has bottomed, with both sales and prices on the rise and foreclosures on the decline....

WASHINGTON (Reuters) - By Jason Lange
Sales of new homes rose in October and the supply of homes on the market fell to its lowest level since April of last year, showing some healing in the battered housing sector.
The Commerce Department on Monday said sales of new single-family homes edged up 1.3 percent to a seasonally adjusted 307,000-unit annual rate, which was the fastest pace in five months yet still below analysts' expectations....