Stocks Fall After Fed Minutes Show Willingness to Taper in June
Housing
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Home sales were essentially flat in April; the big news came in inventory, reports CNBC's Diana Olick.
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Home sales were essentially flat in April; the big news came in inventory, reports CNBC's Diana Olick.
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Tanya Marchiol, Team Investments, weighs in on the housing market.
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Rep. Loretta Sanchez is concerned tight mortgage lending requirements are making it difficult for the middle-class to become homeowners and forcing them to become renters. "Lending requirements are still too tight," Bernanke agrees.
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The sales pace is back to what it was in 2005 and 2006, but the circumstances are of course very different. Now it's about stiff competition for limited supply.
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Bruce Kasman, JPMorgan Chase; and Stephen Bodurtha, Citi Private Bank, provide an in-depth look at where affluent investors are finding returns amid economic uncertainty.
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Applications for home mortgages dropped last week for a second-straight week as a spike in interest rates stymied demand for refinancing, the Mortgage Bankers Association says.
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Home Depot's earnings said a lot about America, Jim Cramer said. It also gave him a treasure trove of investment ideas.
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Lowe's reported quarterly earnings that missed analysts' expectations on Wednesday, sending shares lower in pre-market trading.
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Fannie Mae common shares have soared, but there may not be a happy ending for investors.
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CNBC has been ranking all 50 states for competitiveness since 2007. This year's report comes as states continue to get back in fighting shape—fighting for jobs, that is.
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Jed Kolko, chief economist at Trulia, tells CNBC that the housing starts tumble is likely to be a blip and should recover next month.
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Roger Nightingale, Economist at RDN Associates says the global economy is in a deceleration phase but markets are being supported by the liquidity. Richard Martin, Managing Director of IMA Asia joins in the conversation.
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Richard Martin, Managing Director of IMA Asia says with positive economic data out of the U.S. the Fed will certainly wind down QE at the end of the year.
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Buyers are returning, as well as new renters in Maryland's Eastern shore, reports CNBC's Diana Olick.
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Thanks to the brightening employment picture and an uptick in the housing market, Americans are packing up and relocating. And the pace is likely to pick up this summer.
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Prices are just stabilizing in South Carolina, but in Long Island's Hamptons, home prices are roaring back and rentals are fully booked for the season.
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CNBC's Kelly Evans takes a look at how falling commodity prices are impacting home builders and housing.
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Consumer spending is likely to pick up this year, while government spending declines at a faster rate, according to a survey of business economists.
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Miles Shipside, commercial director at Rightmove, discusses the U.K. housing market following a surge in prices driven by London and the south-east.
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CNBC's Robert Frank takes you inside America's most expensive home: a $190 million, 50-acre, 13,500-square-foot estate in Greenwich, CT, that includes two islands and 1-mile of shoreline.