Tag Archives: housing market
New home sales soar in May
The housing market is still shaky, but finding some solid ground. Continue reading
Obama’s refinance dilemma
Is President Barack Obama’s latest plan to allow millions more struggling homeowners to refinance their mortgages actually further stalling a housing market recovery? Critics of the proposal, announced last week, say the chief drawback is that it’s set… Continue reading
Upward trend in homebuying
Finally someone is feeling optimistic about home sales. Builder sentiment rose for the third straight month, according to the December survey by National Association of Home Builders/Wells Fargo. It’s the first consecutive, three-month upswing since 20… Continue reading
No recovery until 2013?
The cure for the ailing housing market is time, and any signs of sustainable recovery won’t come until 2013, according to a group of economists polled by Reuters.
Attempts to revive the market are being discussed, but the economists believe they’ll do … Continue reading
Buy a house, get a visa
How bad is the housing market in the United States? So bad, that two senators — a Republican and a Democrat — have joined forces to push a bill that would offer visas to foreigners who spend $500,000 buying homes in the States.
The bill was co-author… Continue reading
Buy a house, get a visa
How bad is the housing market in the United States? So bad, that two senators — a Republican and a Democrat — have joined forces to push a bill that would offer visas to foreigners who spend $500,000 buying homes in the States.
The bill was co-author… Continue reading
Another bailout plan?
With the housing market in an unrelenting national depression, the Obama Administration is seeking solutions and Federal Housing Finance Agency acting director Edward DeMarco is feeling the heat.
One proposal put forth by President Barack Obama will ma… Continue reading
4 more years of foreclosure
To cap off a nightmarish week on the housing front, everybody’s favorite ratings service Standard & Poor’s says the “shadow market” of foreclosures and distressed homes will haunt our neighborhoods for at least four more years.
S&P says that al… Continue reading