Sep 21st 2011 12:00PM
In America, it's starting to feel as if there are two housing markets. One for the rich and one for everyone else. Consider foreclosure-ravaged Detroit. In the historic Green Acres district, a haven for hipsters, a pristine, three-bedroom brick Tudor recently sold for $6,000 -- about what a buyer would have paid during... Continue Reading »
Sep 9th 2011 5:55PM
President Obama devoted exactly 57 words to the housing crisis in his 34-minute speech about jobs. Yes, we understand that the speech was intended to be about jobs -- pass this bill -- and that the lack of jobs -- pass this bill -- has pushed Americans to the brink. Still, watching the president's speech were millions... Continue Reading »
Apr 27th 2011 11:00AM
The recession has forced many Americans to make some hard choices, but none as stark as this: food or shelter. One in every four families that rent their homes could have to choose between paying rent, buying groceries or staying current on bills, according to a report released Tuesday. Yepoka Yeebo at Huffington Post... Continue Reading »
Aug 18th 2010 4:30PM
How do you like these odds? A new report from Moody's Economy.com predicts a one-in-four chance of the national housing market lapsing into a double-dip recession. The author of the report, economist Andrew Gledhill, identifies 22 cities that are most likely to take another nosedive. While the cities are spread across the... Continue Reading »
Jul 28th 2010 11:09AM
An uptick in sales of high-end mountain real estate in Colorado has prompted a critical question: Are the rich really returning to the real estate market and buying luxury homes? Or are they still hoarding their wealth after getting burned in the crash? Mixed signals about what the wealthy are doing with their money are... Continue Reading »
