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 »
Sep 14th 2011 6:30PM
With the revelation that another 2.6 million Americans fell below the poverty line last year, the most unlikely victims of the recession might be parents' social lives. The New York Times reports that the group that saw the sharpest decline in median income was young Americans, between the ages of 15 to 24. What that means... Continue Reading »
Jun 23rd 2011 2:17PM
Just as the market was starting to pick up steam, skittish buyers have once again cooled its engines. After two months of growth, new home sales in May dropped 2.1 percent, according to Census figures released Thursday. But the record-low inventory of new construction could mean we'll see the light at the end of the tunnel... Continue Reading »
Apr 25th 2011 10:32AM
The market for new homes showed some unexpected life last month. New home sales rose 11.1 percent to annual rate of 300,000, according to estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development. While this marks a nice bump up from the February rate of 270,000, it does not yet... Continue Reading »
Feb 24th 2011 10:39AM
Texas, as you may have heard, is growing explosively -- and Hispanic homeowners are the main reason why. The latest Census Bureau figures show the Lone Star State grew by 20 percent, to over 25 million people, recording about a quarter of the nation's overall growth. To put it another way, of the nation's 17 million new... Continue Reading »
