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Amateur investors tap 401(k)s to buy homes
from cnn.com — In order to get in on hot housing markets, amateur investors are buying up homes and taking risky measures -- like tapping their retirement accounts -- to fund the deals.
Share Redfin Reports Gains in Inventory, Sales, and Prices for April
— The housing market came out of April in a particularly strong position, according to Redfin's latest Real-Time Price Tracker, with prices, sales, and inventory posting gains across the country. Redfin's monthly report--based on home prices, sales, and inventory across 19 U.S. markets--shows prices rose 4.9 percent in April on a monthly basis and 16.1 percent on a yearly basis. Meanwhile, the number of homes for sale increased 6.4 percent from March to April.
Share US housing starts drop 16.5% in April - MarketWatch
— US housing starts drop 16.5% in AprilMarketWatchWASHINGTON (MarketWatch) -- Construction on new U.S. homes dropped 16.5% in April to a seasonally adjusted annual rate of 853,000 -- the lowest level since November -- led down by volatile apartment construction, according to data released Thursday ...
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RE/MAX: Monthly Inventory Rises for First Time in 33 Months
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HUGE MISS: Housing Starts Fall 16.5% To 853000 - Business Insider
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Fixed Rates Climb for 2nd Straight Week
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Housing Bubble Unlikely, Home Price Appreciation Should Slow - CoreLogic
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HUD and Census Bureau Announce New Construction Activity in April
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California Housing Market Made Exceptional Gains Last Month