Home prices have been slumping again, a dismaying situation for those homeowners hoping to put their properties on the market for the traditional spring selling season.
Existing home sales have been skidding for months, dampening hope that 2011 will bring the end of the worst real estate downturn in decades.
Amid all the doom and gloom, it is hard for many think of real estate as anything other than a money pit; for some, however, it is an opportunity, and, hopefully, a well of profit to be tapped. It's the optimistic, even opportunistic, side we're focusing on in our annual special report, "Investor Guide to Spring Real Estate".
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.There's growing pressure to eliminate the perk, as Washington seeks new sources of revenue to narrow a yawning budget deficit.
If history repeats itself, the worldwide stock market could tumble even more this Friday—a week after a Japan was devastated by an earthquake and tsunami, Yale economist Robert Shiller told CNBC Monday.