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October 13, 2008 5:10:35 AM CDT

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Stories related to: housing market

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Stories 21 - 40 of 142

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  • June 2008

    • Housing Slump Won't Ease Anytime Soon, Says Study

      Reuters  |  Jun 23, 08 7:48 AM CDT

      Housing Slump Won't Ease Anytime Soon, Says Study

      (Newser) - Rising mortgage rates and a tenacious slump in sales and home values will continue to depress the worst housing market in decades, reports Reuters. Don't expect potential saviors—new home buyers—to make a dent any time soon, says a Harvard study. With mortgage rates at a 9-month high, credit tight, and foreclosures on the rise, they will likely wait until the market hits bottom, and it appears to have a ways to go.  More »

      Tags

      Federal Reserve  • housing market  • foreclosure  • interest rate  • home prices

    • Rise in Renters Wiping Out Gains in Homeownership

      New York Times  |  Jun 21, 08 7:29 AM CDT

      Rise in Renters Wiping Out Gains in Homeownership

      (Newser) - Americans are shifting from being homeowners to renters in rising numbers, the New York Times reports, all but wiping out gains made during the boom. The percentage of homes headed by homeowners dropped from 69.1% to 67.8% this year, which sounds modest, but is, in fact, the biggest decline in 20 years. President Bush's ambitious "ownership society" plan hoped to see more low-income and minority families own their own homes, but these groups have been hardest hit by the subprime crisis. More »

      Tags

      subprime mortgages  • housing market  • mortgage  • home sales  • homeownership  • rent  • property

    • Stealing Home: Five Signs It's Time to Lowball

      Newsweek  |  Jun 20, 08 1:18 PM CDT

      Stealing Home: Five Signs It's Time to Lowball

      (Newser) - It's not always the economy, stupid. Even in a weak market, buyers should consider a homeowner's situation before hurling a lowball bid, writes Daniel McGinn in Newsweek . One real estate broker offers five sure signs that a seller is ready to deal: Nobody's home. Sellers who have moved on, or will soon, probably want to unload the property fast.   More »

      Tags

      list  • business  • housing market  • real estate  • home sales  • homeowners

    • Consumer Mood More Downbeat Than Economy

      Washington Post  |  Jun 18, 08 3:17 PM CDT

      Consumer Mood More Downbeat Than Economy

      (Newser) - The economy, statistically speaking, is sluggish, but hardly Great Depression-like—though American consumers seem to disagree, the Washington Post reports. They're paying more for everything from gasoline to grapefruit, are watching the value of their homes decline and fear their jobs may be disappearing—which, policy-makers worry, could breed behaviors that will make all the doom and gloom come true. More »

      Tags

      Financial Crisis  • credit crisis  • recession  • gas prices  • housing market  • food prices

    • TV Home Shows Boom During Bust

      New York Times  |  Jun 12, 08 9:20 AM CDT

      TV Home Shows Boom During Bust

      (Newser) - Home shows are becoming the heavyweights of reality television, even as the housing market continues to plummet, the New York Times reports. HGTV and TLC have million-plus nightly audiences as shows that provide step-by-step guidance to potential homesellers and buyers appeal to viewers weary of past hits that traded on big bucks through real-estate speculation. More »

      Tags

      housing market  • housing crisis  • real estate values  • reality television  • home resales  • home renovation  • A&E  • TLC

    • New Wave of Foreclosures Expected in '09

      BusinessWeek  |  Jun 7, 08 10:44 AM CDT

      New Wave of Foreclosures Expected in '09

      (Newser) - America’s subprime victims may have grudgingly accepted their fate, but there’s a new class of borrowers primed to suffer, BusinessWeek reports. Homeowners who took out ARMs, or adjustable rate mortgages, will soon face skyrocketing payments as their loans reset. About a million people have the mortgages, but only a small number have already fallen due. “It's a ticking time bomb inside your house that you can't get rid of,” one insider said. More »

      Tags

      US economy  • housing market  • foreclosure  • subprime mortgage crisis  • debt  • home sales  • homeownership  • lending practices  • adjustable-rate mortgages

  • May 2008