Thursday, 26 Jun 2008 | Source: CNBC staff and wire reports
Sales of previously owned homes rose last month as prices continued to fall and more buyers were lured back into the troubled market.
Wednesday, 25 Jun 2008 | Source: Reuters
Senate progress toward approving a sweeping housing rescue plan was delayed Wednesday by the objections of a Republican lawmaker who wants to attach an amendment dealing with renewable energy.
Wednesday, 25 Jun 2008 | Source: Reuters
Sales of new homes tumbled for the sixth time in seven months in May while median prices kept plunging, underscoring the depth of the nation's housing woes.
Wednesday, 25 Jun 2008 | Source: Reuters
U.S. mortgage applications fell for a second consecutive week, hitting their lowest level in nearly 6-1/2 years despite a sharp drop in interest rates, an industry group said Wednesday.
Tuesday, 24 Jun 2008 | Source: The Associated Press
A massive foreclosure rescue bill overwhelmingly cleared a key Senate test Tuesday, drawing broad support from Democrats and Republicans alike.
The real estate market remains a question mark after the Standard & Poor's/ Case Shiller home price index reported annual losses in every top metropolitan area. This, along with the 66,000 job cuts that hit the financial sector through May, brought the experts to CNBC's Squawk Box to discuss the national real estate picture.
Tuesday, 24 Jun 2008 | Source: Reuters
U.S. home prices extended their record slide in April, with every top metropolitan area posting losses and many showing double-digit declines.
Tuesday, 24 Jun 2008 | Source: The Associated Press
A plan to help hundreds of thousands of homeowners avoid foreclosure is drawing bipartisan support in the Senate, setting the stage for high-stakes negotiations among congressional Democrats.
Monday, 23 Jun 2008 | Source: CNBC.com
Rising oil prices and concerns about the financial sector sent stocks lower on Monday.
Monday, 23 Jun 2008 | Source: CNBC.com
The average asking price of a UK property fell in June as mortgage providers cherry-picked customers and competing properties outnumbered buyers by 15 to 1, property advertiser web site Rightmove, one of Britain's biggest, said.
Sunday, 22 Jun 2008 | Source: CNBC.com
The recent rise in mortgage rates might seem like yet another reason to stay out of real estate. But for some home buyers, it's having just the opposite effect.
Sunday, 22 Jun 2008 | Source: The New York Times
The real estate market may have cooled, but investor demand may soon be heating up for at least one type of property: land.
Friday, 20 Jun 2008 | Source: Reuters
Property values in U.S. cities are expected to tumble by $1.46 trillion in 2008 due to the housing downturn and subprime mortgage crisis that has pushed the U.S. economy to the brink of recession, American mayors were told Friday.
Friday, 20 Jun 2008 | Source: CNBC.com
Stocks fell sharply Friday as oil prices climbed about $3 and a concoction of rumors and bad news shook up the banking sector. Rounding the bend toward the closing bell, the Dow was off nearly 4 percent for the week, the S&P off 3 percent and the Nasdaq off 2 percent.
Friday, 20 Jun 2008 | Source: CNBC.com
Stocks fell sharply Friday, with volatility expected to remain high due to the expiration of options, oil prices continuing their climb and bank worries slamming the financial sector.