Oct 20th 2011 2:00PM
The number of homes listed for sale in the largest cities in the country has fallen 20 percent in the past year, according to a report released last week by Realtor.com. While the number of homes on the market has dropped around the country, the average number of days that listed homes have been on the market has... Continue Reading »
Oct 11th 2011 8:00AM
The dream of owning a home has become increasingly unattainable for many Americans, and the situation is not likely to improve soon, as the collapse of the housing market and the recession continue to take their toll. That is the disturbing conclusion to be drawn from the U.S. Census Bureau's newly released report... Continue Reading »
Aug 31st 2011 9:00AM
The environment for home sales becomes more difficult with each passing month. Some estimates put 11.1 million mortgages, about 23 percent of the U.S. total, underwater, meaning that homeowners owe their banks more than the underlying properties are worth. Home foreclosures reached 212,764 in July. The number for the year... Continue Reading »
Aug 22nd 2011 4:00PM
There is a strong indication that homebuilders have almost ceased activity in several states as demand for newly built homes has dwindled. The slowdown in new home permits is particularly stark when compared to the total number of existing homes in each state. 24/7 Wall St. looked at the statistics for building permits to... Continue Reading »
Aug 15th 2011 5:20PM
The real estate market is already in the deepest depression in modern U.S. history. If you think it can't get any worse, think again. In several cities, the real estate market is about to drop even more. Home values in many of those cities, such as Las Vegas, have already collapsed as unemployment has shot higher. And... Continue Reading »
Billionaire David Siegel's Unfinished 'Versailles' Mansion in Florida to Resume Construction
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