Non-distressed sellers are making up less and less of the overall housing market. That does not a healthy housing market make. Without good, move-up homes available, the market cannot see real price appreciation. Read More
As I was driving back toward DC, I noticed the price of gas (for the cheap stuff) was $3.75 a gallon. Ouch. That can’t be good for sales. Some of the potential buyers I spoke with worried about the drive time, but hadn’t seem to give gas prices as much thought. Read More
As foreclosures ease, the logical assumption is that home prices will rebound. But what if the current, unique state of the housing market turns that assumption on its head? Read More
Not all financial stocks will fare equally after Moody's announcement that it would review long-term ratings of several U.S. banks, one analyst said Thursday. Read More
Moody’s will likely downgrade some of the credit ratings of 17 global and 114 European financial institutions, but the downgrades likely will not result in a worse-case scenario, one analyst told CNBC. Read More
We live in a world where our kids can find anything about everything on the internet. This generation knows more about technology than most of their parents. So, why is it that they can know so much, communicate so quickly and also be “connected” 24 hours a day, but they still don’t know the basics about money? Read More