Jan 12th 2011 4:59PM
Colorado foreclosures are reaching record levels. But if you're looking to buy a home in a Colorado ski resort town or outlying areas, now may be the time to take advantage of the low prices that are due to the increased level of foreclosures in the area. Foreclosure filings in Colorado's mountain communities are... Continue Reading »
Jan 12th 2011 4:48PM
Fred Stevens, a policeman in Ohio, saw his house value drop from a peak of $103,000 when he refinanced in 2006 to a current low of less than $40,000. "I could have walked away, but wanted to do the right thing." November 2010 housing prices declined more in the current market than during the Great Depression, according to... Continue Reading »
Dec 28th 2010 9:44AM
It may be a white Christmas, but all signs point to homeowners still treading in the red. Home prices in all 20 markets measured by the Case-Shiller Home Price Indices dropped in October, the latest month in which data was available. In fact, only the 10-City Composite and four metro areas, three of which are in... Continue Reading »
Dec 29th 2009 3:29PM
Home prices have started to tread water. The Case-Shiller Index, one of the most-quoted measures of the housing boom and bust, barely moved in October compared to September. That's good news considering that last winter, from October through March, the 20-city index fell more than 2 percent a month. Stability is a huge... Continue Reading »
Nov 30th 2009 8:00AM
It's not time to give thanks yet for a recovery. According to newly released data, home prices were essentially flat in September, taking the steam out of what looked like building economic momentum. Despite the resumption of growth in GDP (albeit lower than originally reported) and improved home sales and consumer... Continue Reading »
