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The new year has brought little cheer to new-home builders: Their sales fell a shocking 11.2% between December and January and 18.6% from 12 months earlier.
Business and financial news – CNNMoney.com
Home prices took a shockingly steep plunge on a monthly basis, an indication that the housing market could be on the verge of — if it’s not already in — a double-dip slump, according to an industry report released Tuesday.
Business and financial news – CNNMoney.com
Home · plunge · price · widespread
The country’s economic engine seems to be running in reverse as more expensive borrowing spurs home sales, and an uptick in borrowing sends mortgage rates back down.
Business and financial news – CNNMoney.com
Historically low mortgage rates didn’t encourage new home sales, but rising rates could finally push home-buying fence-sitters into the market.
Business and financial news – CNNMoney.com
The robo-signing controversy is just another issue that the already sluggish housing market didn’t need — but most analysts do not think it will have far-reaching impact.
Business and financial news – CNNMoney.com
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Boomerang kids: 85% of college grads move home
No comments · Posted by Crazy Pennys in Stocks News
Getting a degree used to be a stepping stone to limitless career opportunities. Now it’s more of a hiatus from living under your parents’ roof.
Business and financial news – CNNMoney.com
9
Foreclosure freeze shakes battered home market
No comments · Posted by Crazy Pennys in Stocks News
Get ready for a bumpy ride in the housing market.
Business and financial news – CNNMoney.com
Despite a recent spate of bad news coming out of the housing industry, home prices show signs of stabilizing.
Business and financial news – CNNMoney.com
New home sales unexpectedly fell in July to the lowest level on record as the housing market continued to suffer from the end of the homebuyer tax credit boost.
Business and financial news – CNNMoney.com
