Mar 21st 2013 12:30PM
Existing home sales are up: Rah! Rah! Rah! You're probably hearing the resounding cheers as the National Association of Realtors reported Thursday that sales of existing homes rose to a three-year high in February. Even more exciting is that real estate inventory, which has been frustratingly low for quite a while,... Continue Reading »
Jun 26th 2012 1:10PM
NEW YORK -- U.S. home prices picked up in April for the third month in a row, the latest indication a recovery in the housing market is gaining traction. But in a sign of the struggles still facing the broader economy, separate data on Tuesday showed consumer confidence fell to its lowest level in five months in June as... Continue Reading »
Jul 7th 2011 12:10PM
The average consumer expects home prices to decline by at least 0.5 percent in the next 12 months, according to a new monthly consumer survey from Fannie Mae. That forecast reverses the trend from May, when most consumers interviewed by the government-sponsored enterprise said that they expected at least a slight home... Continue Reading »
May 16th 2011 10:44AM
Homebuilder confidence remained flat in May, as tight credit and a glut of distressed properties on the market continue to deflate expectations. The National Association of Home Builders/Wells Fargo Housing Market Index, which gauges builder confidence on three criteria -- current home sales, projected sales in six months... Continue Reading »
Nov 30th 2010 3:52PM
An unstable housing market may have plunged the U.S. economy into a tailspin, but according to Steve Goldstein at MarketWatch, the recovery may no longer be dependent on the health of the real estate market. Are we seeing, for the first time, a departure from the kind of rhetoric that defined the American Dream? Has the... Continue Reading »
