While California's four-year-long drought has been a boon to some industries, its been a bust for others.» Read More
Florida, perhaps more than any other state, epitomizes the dramatic rise and fall of the nation’s housing market. Though the state continues to struggle with high foreclosure rates and an excess of available homes, leading indicators suggest its residential market is on the road to recovery
The best mortgage rates are not necessarily offered by the big volume players or the bank where you currently do your checking. Instead, they can often be found at smaller banks and credit unions.
“We are not a speculative group of people. Instead [New Englanders] tend to be very conservative and don’t get into as much speculative behavior. That’s why prices didn’t drop as much."
Indeed, some areas fell victim to the same woes that dragged down large markets in New York, Florida, and California, while others are currently experiencing boom-era price increases
A new survey from real estate website Trulia.com finds that 25.6 percent of homes currently on the market in the United States, as of October 1, 2009, have experienced at least one price cut. That's for the fourth straight month.
The Mountaineer Power Plant in West Virginia has become the world’s first coal-fired power plant to capture some of the carbon dioxide it churns out and store it in the ground.
The first carbon neutral house on the East Coast, located in McLean, Va., is opening its doors on Oct. 10. The Green House, as it’s been named, uses approximately 70 to 80 percent less energy per square foot than a comparable new house.
Home foreclosures in August jumped 18 percent from a year ago, but decreased 0.47 from the previous month, according to a new report by RealtyTrac.
Britain often conjures images of unpredictable weather. Such randomness has prompted Tesco, the country’s largest grocery chain, to create its own weather team in hopes of better forecasting temperatures and how consumer demand changes with them, the New York Times reported.
Retrofitting 50 million buildings – about 40 percent of the building stock in the U.S. – by 2020 to make them energy efficient would create 625,000 permanent jobs in the U.S., John Podesta, CEO of the Center for American Progress, told CNBC.
Oil prices surged yesterday, ostensibly, if media accounts are to be believed (they’re not) on news that sales of existing homes in the U.S. increased for a third straight month. We will be honest… we had no idea it required so much crude oil to resell a home in the U.S., writes Stephen Schork.
While Americans debate the use of so-called clean coal, China is mastering the application of the technology.
In what may be the most unique program to tackle the housing crisis, the Silicon Valley community of Menlo Park is offering to take over some debt of homeowners who are 90 days late on their mortgages.
The Obama administration will unveil measures to help homeowners and businesses modify second mortgages as well as primary ones.
The Obama administration is expected to unveil measures to help homeowners and businesses modify second mortgages as well as primary ones.
Excess inventory is the mortal enemy of housing prices, according to Richard LeFrak, president of the LeFrak Organization.
“The current situation has nothing in common with the Great Depression,” says one economist. “The sooner they [in Washington] stop spinning the bad news story and say nothing, the sooner we’ll be more confident.”
As the Obama administration prepares to commit up to $50 billion in help homeowners avoid foreclosure, there are significant concerns about the strategy.
For wealthier Americans, the free-fall in stocks is not only ravaging their portfolios—it's taking a huge bite out of the value of their homes.
Now is the time to buy in Manhattan, if you have cash, said Ivanka Trump, The Trump Organization executive vice president of development and acquisitions.