The increasingly dominant presence of unpaid or low-paid interns is taking much-needed entry level jobs away from salaried employees.» Read More
Fears of the fiscal cliff could be impacting potential buyers already. The new home sales monthly number from the U.S. Department of Commerce is based on signed contracts.
“Financing of first-time homebuyers with low down payments threatens to become a significant problem in the U.S. housing market,” says one housing expert.
A new report from adds some firm data to the debate over how to keep struggling homeowners from defaulting on their mortgages.
The headline number for housing starts was big, exceeding expectations and sending the home builder stocks on yet another tear.
Sales of existing homes are recovering slowly, but a drop in supplies of those homes is pushing confidence among the new home builders to a six year high.
The federal agency that some credit with saving the housing market during the worst of the recent crash, may now be in need of taxpayer help itself.
The average American is no longer financially distressed, according to one study. Now families are waiting for the national economy to do its part.
The Federal Housing Administration (FHA), in a report due out Friday, could disclose that its reserves for future mortgage-insurance claims dipped into negative territory for the first time in almost a quarter of a century.
Officials at Bank of America said they are half way to fulfilling their mandate of providing $7.6 billion worth of consumer relief.
The mortgage interest deduction is now at risk, due to negotiations over the so-called “fiscal cliff”.
The homebuilders are rising from the ashes, after overbuilding and a credit crash sent sales and construction to levels not seen economists began counting all those numbers; they are rising, but not necessarily thriving.
As more investors vie for fewer foreclosed properties, prices are going up and great deals are getting scarce. See where the biggest foreclosure discounts are now.
The one thing standing in the way of a more robust housing recovery, is tight credit. Mortgage rates are at near-historic lows, but too many potential home buyers still cannot access these rates due to damaged credit.
Are we better off today than we were four years ago? From the perspective of home prices, the answer is, as always, it depends on where you live.
When you dig down into the numbers you can see where the numbers are not quite as rosy as some would hope for both home buyers and builders.
The Amex and Wal-Mart venture could change what it means for the long-term viability of the prepaid card market’s old guard.
The fact that Hurricane Sandy was downgraded before it made landfall on the East Coast will save homeowners potentially thousands of dollars in home insurance deductibles.
It happened after hurricane Katrina, and the expectation is that Sandy will prove no different. “Demand for self-storage rises considerably as homeowners, contractors, and local suppliers set about preparing for reconstruction,” note analysts David Toti and Gaurav Mehta of Cantor Fitzgerald.
While sales of existing homes are still on a bumpy road to recovery, home prices are seeing steady gains.
We know we're coming off the bottom of the housing crash, but over the summer it felt to some like we were rocketing off the bottom. Now, not so much.
What's the hot gift this year and can you afford it? Whether it's presents for the kids, something sparkly for a spouse, or shiny on four wheels, you can't buy it before asking if you can afford it in this annual holiday special!
Rick, who's 69, asks Suze if he can afford to spend $39,000 to go on a National Geographic expedition.
Carol tells Suze she's bailed out her husband several times but he still keeps hiding money and lying. She wants to know what she should do.