Apr 18th 2011 3:37PM
As home values continue to decline and many Americans continue to battle unemployment, extracting additional income out of one's home has become one solid way to bridge the economic gap. Dawn Kawamoto of our sister site, DailyFinance, outlines some smart ways to make your house make money for you. The U.S. economy is... Continue Reading »
Dec 3rd 2010 10:11AM
Higher unemployment numbers completed another vicious cycle for the housing crisis last month. The nation's unemployment rate increased to 9.8 percent in November, the highest level in seven months, the Labor Department announced today. While economists were anticipating 150,000 new jobs, employers made only 39,000 new... Continue Reading »
Nov 24th 2010 8:49AM
Existing home sales declined in October, as fewer people decided to buy a new place to live. The number of existing homes sold last month fell 2.2 percent from September, according to the National Association of Realtors. Compared to 12 months ago, existing home sales are off 25.9 percent, more evidence that the housing... Continue Reading »
Nov 19th 2010 11:56AM
The financial blog CalculatedRisk.com published an alarming chart today showing how excess housing inventory is hurting job seekers. Until that inventory is reduced, it is unlikely that unemployment numbers will improve. This week the Census Bureau released the "Quarterly Starts and Completions by Purpose and Design"... Continue Reading »
Nov 5th 2010 1:10PM
The housing market charted further into unknown territory on Friday, as pending home sales fell after two months of growth. The National Association of Realtors (NAR) announced Friday that contracts signed in September slid 1.8 percent to 80.9, down from an upwardly revised 82.4 in August. In context, an index of 100... Continue Reading »
