housing crash - Articles

Another Housing Bubble? Recovery Shows Dangerous Signs, Reports Say

It's impossible to ignore the increasingly loud cheers: The housing recovery is in full swing! Just on Monday, CoreLogic reported that home prices increased more than 8 percent year-over-year in December -- the largest gain in six years, when the boom was at its height. Home sales recently have been the strongest we've... Continue Reading »

Top 10 Turnaround Towns of 2012's Second Quarter

As we continue to see signs of a broad real estate market recovery, it's important to remember that the recovery still varies wildly from market to market. Anyone still struggling to sell their homes, or with underwater mortgages are well aware that things aren't better everywhere. But some of the hardest hit areas are... Continue Reading »

U.S. Home Prices Up 2.2% in May

By Les Christie In a sign that the U.S. housing market is recovering, home prices rose for the second straight month in May, according to an industry report issued Tuesday. Home prices climbed 2.2 percent compared with a month earlier, according to the S&P/Case-Shiller 20-city home price index. Prices are still off... Continue Reading »

Viewpoint: Hey Mr. President, How About Housing?

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 »

Housing Demand Crashes as Effects of Tax Credit Wane

Maybe you had an open house last weekend and nobody came. You weren't alone. The number of people buying homes fell steeply in May, according to one of the first reports to describe home buying activity for the month, an index of mortgages applications to buy homes. The Purchase Index for May from the Mortgage Bankers... Continue Reading »

200,000 California Tenants Suffer From Foreclosure

Here's a scary number: Over 200,000 California tenants are directly affected by the rise in foreclosures. A report released yesterday -- "California Tenants in the Foreclosure Crisis" -- says that at least 37% of residential units in foreclosure in California were rentals, while the largest percentage of foreclosures were... Continue Reading »

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