Most Recent in News economics
on March 29,2011
Thirteen percent of all U.S. homes stand vacant, according to U.S. Census Bureau data.
on March 24,2011
The housing market continued to show its weakness as home prices dropped for the third consecutive month in January, according to data released by the Federal Housing Finance Agency.
on March 23,2011
The housing market contracted last month as new home sales fell to 250,000, 16.9 percent lower than January’s upwardly revised 301,000 and 28 percent lower than February of last year, according to...
on March 22,2011
More borrowers are opting for adjustable-rate mortgages (ARMs) in the years since the housing crisis, but today’s ARMs look different than the gimmicky loans of the past.
on March 21,2011
Existing home sales decreased after three consecutive months of increases as tight credit continued to hold back buyers, the National Association of Realtors found in its latest report. Home resales...
on March 18,2011
The White House is threatening to veto two House Republican bills that would cancel two Obama administration housing programs, including the Home Affordable Modification Program — a $30 billion...
on March 17,2011
Newly released U.S. census data shows that Nevada has a record number of empty homes, more the double the amount in 2000.
on March 16,2011
Housing starts dropped 22.5% in February, falling to 479,000 from the revised January rate of 618,000, according to Calculated Risk.
on March 15,2011
The latest BuildFax Remodeling Index shows that improvements continue to outpace the rest of the construction market
on March 15,2011
Home prices continued to drop across the U.S. in January, falling for the sixth consecutive month as several factors continue to affect the housing market.
on March 14,2011
The number of properties receiving a foreclosure-related notice fell to a 36-month low in February, likely due to lenders stepping back during investigations into the foreclosure process. Foreclosure...
on March 11,2011
Despite lower home prices and tighter lending standards, a Prudential poll finds that a vast majority of Americans believe the market will recover soon. In the poll, 68 percent of potential buyers...
on March 11,2011
Remodeling spending may jump as much as 9.2 percent in the first quarter of 2011, according to a report by Harvard University’s Joint Center for Housing Studies.
on March 09,2011
The counties around Los Angeles and Chicago top the nation in remodeling spending, according to NAHB
on March 09,2011
More homeowners fell underwater in the fourth quarter as home prices continued to drop.
on March 08,2011
All signs are pointing to a boom in the apartment market, according to John Burns Real Estate Consulting. While housing affordability may be high, tighter lending standards, a shortage of consumers...
on March 07,2011
Early data from the National Federation of Independent Business show positive job growth in February — the fifth consecutive month that small firms’ hiring plans have been consistently positive....
on March 07,2011
The House Financial Services Committee last week moved to cancel two new Obama administration mortgage programs. The Republican-led committee voted 33 to 22 for the cancellation, the Wall...
on March 03,2011
Bank regulators are backing a rule that would require a 20 percent down payment on lower risk mortgages that would be exempt from new lending rules.
on March 02,2011
All-cash buyers accounted for 30.9 percent of home and condominium sales in California in January, with even higher percentages in some wealthy Southern California communities. The trend is likely...
