Home Prices Drop 6.5% in February as Mortgage Rates Fuel Demand

April 22 (Bloomberg) -- U.S. home prices fell 6.5 percent in February from a year earlier, the second-smallest drop in six months...

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CME lumber uneven ahead of March expiration

Demand for lumber continued to languish, and most prices finished flat to down,' Random Lengths said. 'Despite extensive curtailments across the U.S. and Canada, many traders observed that production continued to outweigh demand.

DJ CME Lumber Review: Mostly Higher In Short Covering

The nearby January contract settled up $0.90 per 1,000 board feet at $162.10, while March ended up $4.00, or 2.26%, at $181.00. May closed $1.50 higher at $195.50.

House Bill Aims to Stabilize Housing, Addresses Foreclosure and Stimulus

PRNewswire/ -- A bill that embraces the need for righting the housing market --- the first big step toward economic recovery --- was introduced Friday in the U.S. House of Representatives.

Report: Housing Markets Will Roar Back in 2009

FAIR OAKS, CA - The nation’s foreclosure hemorrhage has finally slowed and 2009 should see a significant decline in foreclosures as buyers return, pushing home prices up and fueling a real estate recovery, according to the 2009 Outlook from ForeclosureS.com.

Report: Housing Markets Will Roar Back in 2009

FAIR OAKS, CA - The nation’s foreclosure hemorrhage has finally slowed and 2009 should see a significant decline in foreclosures as buyers return, pushing home prices up and fueling a real estate recovery, according to the 2009 Outlook from ForeclosureS.com.

It's a first-time homebuyer's market

Federal help and willing sellers speed the process

Home-Mortgage Rates' Next Stop: Below 5%

Fed's Buying Plan Helps the Market; Latest Survey Puts the Average on 30-Year Loan at 5.10%

DJ CME Lumber Review: Prices Drift Lower In Lack Of Direction

The nearby January contract settled down $0.40 per 1,000 board feet at $169.00, while March ended down $0.80 at $187.00. May closed $2.00 lower at $200.30.

Developer says there's never been a better time to buy

...claims there has never been a better time to buy, offering a wealth of incentives to suit all budgets and housing needs....

U.S. Mortgage Rates Fall to Lowest in Three Decades

The average rate on a 30-year fixed mortgage tumbled for a ninth straight week, to 5.10 percent from 5.14 percent a week earlier