Mar 27th 2012 12:50PM
WASHINGTON -- The Standard & Poor's/Case-Shiller home-price index released Tuesday showed that prices dropped in January from December in 16 of 19 cities tracked. The steepest declines were in San Francisco, Atlanta and Portland. Prices increased in Miami, Phoenix and Washington. Price information for Charlotte was... Continue Reading »
Mar 2nd 2012 12:45PM
WASHINGTON -- He predicted the tech-stock collapse. He foresaw the housing bust. So naturally, everyone wants to know what Robert Shiller thinks of today's stock prices, now perched at a four-year high. Or about the direction of home prices. Keep your hopes in check. Shiller is disinclined these days to offer specific... Continue Reading »
Sep 19th 2011 5:10PM
The housing bubble burst may puncture the dreams of many students hoping to attend college. As housing prices rose from the late 1990s through 2006, many parents used their new-found wealth to send their children to college, according to a recent study by Cornell University economist Michael Lovenheim. Now, with housing... Continue Reading »
Jun 15th 2011 4:00PM
High-tech IPOs like LinkedIn's and the much-speculated-upon Facebook offering are driving up real estate prices in Silicon Valley to pre-bubble levels, reports Bloomberg News. Newly-minted millionaires -- and those who hope to be -- are flocking to the area, starting bidding wars at a time when the rest of California's... Continue Reading »
Jan 12th 2011 1:35PM
A court foreclosure ruling in Massachusetts last week will definitely influence the way banks deal with foreclosures in the future, but it could also button up home lending for the rest of us. The highest court in Massachusetts basically told two banks that they had no legal right to foreclose on two homes since they... Continue Reading »
