Commodities and energy are likely to stay in the driver's seat Friday. Those were the power groups, and the financials were the weaklings again in Thursday's stock market. Read More
The top executive at a Berkshire Hathaway real estate company tells CNBC, "We are seeing some light at the end of the tunnel" for the nation's housing market. See the video clips of his Squawk Box appearances as Guest Co-Host this morning. Read More
I’m doing a story on jumbo loans today and how their price and availability are affecting the million-dollar home buyers. In the course of my research, I decided to take a look at Greenwich, CT, one of my favorite enclaves of multi, multi-million-dollar homes. Read More
Before Democrats could even utter the words, “housing,” “rescue,” “FHA” or “predatory,” President Bush had already let the threat fly: “I will veto the bill that's moving through the House today if it makes it to my desk.” Nuff said, Sir. Read More
The drip, drip of rising oil prices could start to wear on stocks, but traders point out that the market has been fairly resilient and is still raring to go higher. Read More
I'm no expert on, well, anything. That's why I report what other people say. Increasingly, experts are saying we are at the bottom of the housing cycle. The evidence: Read More
I have to say I never really bought the so-called “recovery” in the homebuilder stocks that we saw at the beginning of the year. There was a lot of talk of a “bottom” in the stocks, despite the fact that nobody is ready to call a bottom in the housing market. Read More
Analysts this morning began raising some red flags over the Bank of America/Countrywide deal, citing deterioration in the mortgage market that could lead BofA to walk away, or at the very least lower its asking price. Read More