Housing markets

The number of vacant, abandoned properties in foreclosure, while up from the third quarter, was nearly 1,800 lower than a year ago, Attom Data said.

The report card for the world's largest economy illustrates solid momentum in domestic demand as the Fed began unwinding its tightest monetary policy program.

Despite the increase, the index level remains historically low, going back more than two decades as many prospective buyers still await a decline in mortgage rates.

August's Corelogic S&P Case-Shiller Home Price Index was down 0.13% versus July, affected by tougher housing markets in the South and West.

Homebuilder stocks are tumbling Tuesday, down as much as 7.8%, after D.R. Horton delivered a 2025 revenue forecast that failed to meet Wall Street's expectations.

Neil Bader once headed up a company that was one of, if not the, largest mortgage brokerage in the 1990s. His career has covered the various shifts in how the business is done.

About 48% of mortgaged residential properties fell into the equity-rich category, slightly down from a peak of 49.2% reported in the quarter prior, per Attom's report.

Price tags for the industry leaders' homes either stayed the same or declined from the same time a year ago.

Sales of new single-family homes increased 4.1% last month to a 738,000 annualized rate, government figures showed Thursday.