Technology

Foreclosure activity plummeted significantly in the month of June, in part because foreclosure starts hit a new record low.

The U.S. homeownership rate, which soared to a record high 69.2% in 2004, is back where it was two decades ago, before the housing bubble inflated and ripped more than 7 million Americans from their homes.

Amit Kothiyal will become CEO of ISGN Corp., replacing Ritesh Idnani, who also held the title of vice chairman.

Located at 4857 Broadway in the Inwood neighborhood of Manhattan, this 38,000-square-foot concrete and steel residential and retail building is the first of its kind built in New York City. Photo: Courtesy of GLUCK+.

The national foreclosure inventory continues to fall as fewer foreclosures were completed in the month of June.

The latest reading of the S&P Case-Shiller house price index shows rising prices in Dallas and Denver surpassed their pre-financial crisis peaks set in June 2007 and August 2006.

Median sales prices in Georgia are 35% higher at the midway point of 2013 compared to a year ago.

Make marketing plans around older single females and families looking for schools.

One analyst predicts a slow and gradual rise in interest rates in the remainder of the year, accompanied by a marked increase in mortgage lending.

The June pending home sales report has to be taken with a grain of salt because some of the activity is from individuals jumping in with the perception that rates were on the rise and they wanted to get in while the getting was good.