Jan 19th 2012 4:30PM
By Dan Caplinger Ever since the end of the boom years of the early 2000s, the housing market has struggled to hit bottom, seemingly plowing ever lower even after years of declines. As a result, millions of former homeowners have lost their homes, while millions more owe more on their mortgages than their current homes are... Continue Reading »
Dec 26th 2011 9:00AM
It seemed like a race to the bottom this year: Along with continued declines in property values, every season seemed to see another record low in interest rates -- though fewer-than-expected buyers were inclined to take advantage. Also on the way down or stuck in the cellar: the number of Americans who expected to... Continue Reading »
Jan 18th 2011 11:40AM
Why are Canada's homeowners less likely to face foreclosure? Fewer than 1 percent of Canadian mortgages are in arrears, compared to the 2.9 million homeowners that received foreclosure notices in the U.S. in 2010. You might think it's because there are a lot fewer Canadians, and you'd be right on that score. Canada's... Continue Reading »
Aug 2nd 2010 4:20PM
Despite months-long speculation that the nation is primed for a housing recovery, homeownership -- a tenet of the quintessential American life -- is far from making a comeback. According to industry projections, millions of homes spiraling toward foreclosure are putting homeownership in jeopardy of its lowest level in 50... Continue Reading »
