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FRIDAY, NOVEMBER 27, 2009
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NEWS ABOUT: housing market

housing market stories: 238 news summaries

221 - 238 of 238 Stories | << Prev 1 ... 8 9 10 11 12

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American Home Mortgage Closes Its Doors

ARM specialist's efforts can't hold off fallout from worsening crisis

Aug 3, 07 9:25 AM CDT
(Newser) - The battered mortgage-lending industry will suffer another blow today as American Home Mortgage shuts down, making it the latest company to go under as home loans go bad across the country. AHM's troubles were common knowledge, the Times reports, but the speed of its downfall was unexpected. “We have... More »

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housing market • subprime mortgages • mortgage • American Home Mortgage • home loans • borrowers

Best Home Sellers' Markets

Times are tough, but your house won't sit on the market for long in these towns

Jul 31, 07 5:35 PM CDT
(Newser) - The housing market overall isn't good, but luckily for some, there's an exception to every rule. Forbes points you toward 10 towns where sellers can still finish with smiles on their faces.
  1. Raleigh, NC
  2. San Francisco
  3. Austin, Texas
  4. San Antonio, Texas
  5. St. Louis 
More »

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California • real estate • San Francisco • Texas • housing market • North Carolina • list • homes • Austin • St. Louis • San Antonio • Raleigh

Consumer Confidence Rises

Shoppers buying again after June slump

Jul 31, 07 4:18 PM CDT
(Newser) - Consumer spending rose more than expected this month, to its highest level in 6 years, after shoppers tightened their belts in June, Bloomberg reports. Consumer confidence jumped 7.3 points according to a Conference Board index, suggesting the slump was temporary. Economists chalk up the spending jump to low unemployment... More »

MORE ABOUT:
inflation • real estate • consumer • housing market • income • unemployment • consumer confidence index

US Economy Surpasses Forecasts

Second-quarter growth rate higher than expected

Jul 27, 07 12:05 PM CDT
(Newser) - Sumbrime-lending and housing-market woes didn't hold back the rest of the economy in the second quarter, as overall growth exceeded expectations and hit a 3.4% projected annual rate, the government said today. Economists pointed to the expanding global economy, which drives demand for exports, as well as greater business... More »

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globalization • housing market • economic growth • subprime mortgages • global economy • US economy • GDP • investment

Asian Stocks Take a Dive

Prices plunge in response to US subprime mortgage crisis

Jul 27, 07 7:52 AM CDT
(Newser) - Share prices plummeted throughout Asia  today in response to the yesterday's sell-off on Wall Street and the escalating crisis in the US housing market. After the 300-point plunge in the U.S., the Tokyo Market closed at a three-month-low, and markets in Seoul, Hong Kong, and Sydney also took serious... More »

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stock market • Seoul • Asia • housing market • Hong Kong • stocks • Merrill Lynch • Tokyo • Mumbai

Dow Tumbles Over 300 Points

Stocks slide on subprime worries, Nasdaq and S&P see huge losses

Jul 26, 07 3:27 PM CDT
(Newser) - The Dow Jones lost 2.25% of its value today, after continuing subprime concerns, poorer-than-expected housing numbers, and a dearth of positive earnings reports scared traders off from recent rallies. The index was down 311.50 to 13473.57, though at one point its losses surpassed its worst close this... More »

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housing market • Dow Jones • subprime mortgages • Nasdaq • LBO • S&P 500

Home Resales Slump in June as Mortgage Rates Spike

Inventories are down; prices jump

Jul 25, 07 1:57 PM CDT
(Newser) - Sales of existing homes dropped in June to a 5-year low because of rising mortgage rates and stricter lending standards. Home resales dipped 3.8% from a 5.98 million annual rate in May to a 5.75 million rate now. "The housing recession looks far from over,"... More »

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housing market • homes • mortgage • recession • houses • resales • economist • US economy • Freddie Mac • quarters • NAR

Calif. Foreclosures Set Record

Second-quarter figures reveal housing slump worse than '96 skid

Jul 24, 07 5:56 PM CDT
(Newser) - Reflecting the increasingly gloomy picture across the country, residential foreclosures in California were up 799% in the second quarter compared to the same time last year, the LA Times reports. Stricter lending practices and the reeling housing market contributed to the record high 17,408 foreclosures in the three-month period,... More »

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California • real estate • housing market • foreclosure • property

Best Places to Call Home 2007

Money mag looks to the Midwest for the cream—or should that be cheese?—of the crop

Jul 17, 07 4:02 PM CDT
(Newser) - Some places have it all: affordable, good schools, job opportunities, family friendly, and plenty of stuff to do. Money magazine is out with its annual list of the best places to live in America. The top 10:
  1. Middleton, Wisc.
  2. Hanover, NH
  3. Louisville, Colo.
  4. Lake Mary, Fla.
... More »

MORE ABOUT:
housing market • list • mortgage • home

New Flood of Foreclosures Looms

Adjustable borrowers face up to 35% spikes in mortgage payments

Jul 10, 07 5:24 AM CDT
(Newser) - When adjustable-rate mortgages are increased this year, hundreds of thousands of subprime borrowers  could lose their homes, triggering a precipitous drop in the housing market, CNNMoney reports. The threat is the latest in the emerging subprime loan crisis. Heartland industrial areas, as well as once-hot markets in California, Nevada and... More »

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housing market • subprime mortgages • mortgage • loans • home loans • borrowers • housing crisis

Scams Target Delinquent Homeowners

'Equity strippers' deceive borrowers behind on their mortgage payments

Jul 3, 07 5:45 PM CDT
(Newser) - A new form of fraud is thriving in the declining housing market, targeting desperate homeowners who are late on their mortgage payments. Known as equity strippers, companies cold-call burdened borrowers, promising a reprieve from their financial woes. In the end, they profit, and the owners end up losing their  home... More »

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fraud • housing market • homes • foreclosure • mortgage • equity stripper • homeowners • borrowers

Consumer Confidence,
New Home Sales Slump

Grim economic indicators continue to stack up

Jun 26, 07 12:13 PM CDT
(Newser) - Indicating that the topsy-turvy economy probably won't be righting itself anytime soon, consumer confidence dropped in May, as did new home sales, a signal that the reeling housing market has yet to hit bottom. The Fed will likely take up consumer worries at a 2-day meeting that starts tomorrow, Bloomberg... More »

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real estate • consumer • housing market • Federal Reserve • subprime mortgages • homes • mortgage • home sales • housing starts

Home Sales Plunge to
4-Year Low

Inventory glut, rising mortgage rates bode ill for quick rebound

Jun 25, 07 6:27 PM CDT
(Newser) - Sales of existing homes fell again last month, while the number of homes languishing on the market hit a 15-year high. The median price sank to $223,700, the AP reports, and thanks in part to the woes of the subprime mortgage sector, overall sales were 10.3% below last... More »

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real estate • housing market • subprime mortgages • homes • mortgage • home sales

Monthly Housing Sales Jump

But prices are way, way down

May 24, 07 2:15 PM CDT
(Newser) - The real estate market had a volatile April, with home sales rising at their fastest rate in 14 years. But the 16% spike in sales over the previous month hid a more complicated reality: New home prices dropped by a record 11%, according to Commerce Department figures released today, and... More »

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real estate • housing market • durable goods • economic indicators • housing • US economy

Wal-Mart Posts Record Sales Decline

Drop in business
at megachain
worst in 28 years

May 10, 07 9:10 PM CDT
(Newser) - Wal-Mart reported a 3.5% decline in sales this April, the wost monthly result the retailer has announced in nearly three decades of announcing. The figures, for stores open at least a year, reflect an early Easter, bad weather, and a rejiggered sales calendar that gave Wal-Mart positive numbers in... More »

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retail • shopping • housing market • US economy • Wal-Mart

Fed Holds Interest Rates Steady

Unanimous vote seeks to stave off inflation

May 9, 07 2:26 PM CDT
(Newser) - The Fed held the benchmark interest rate steady at 5.25% today in an unsurprising statement that prompted little reaction from the market. The unanimous vote reflects concerns about a faltering housing market, slowed growth, and persistent fears about core inflation, which the Fed continues to consider "somewhat elevated.... More »

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inflation • Ben Bernanke • housing market • Federal Reserve • US economy • interest rate

Home Prices Boom, In
Select Cities

Cities that sat out the bubble are showing gains despite overall slump

May 9, 07 10:28 AM CDT
(Newser) - Despite the real estate slump, several cities are seeing double-digit gains in housing prices: Portland, Boise, Seattle, Salt Lake City, Houston, Austin, Charlotte and Raleigh aren't feeling the bubble blues—in part because they missed out on the bubble. More »

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real estate • housing market • housing • growth • US economy

Housing
Sales Plunge
In March

Oversupply and tightened lending
hit hard in already-weak market

Apr 25, 07 12:15 PM CDT
(Newser) - Sales of previously occupied homes fell 8.4 percent in March, marking the biggest monthly drop since 1989 and ending hopes for a spring rebound. The new National Association of Realtors numbers reflect an oversupply of homes, lenders subdued by the sub-prime crisis, and bad winter weather, the Wall Street ... More »

MORE ABOUT:
housing market • business • housing • National Association of Realtors • subprime crisis

221 - 238 of 238 Stories | << Prev 1 ... 8 9 10 11 12


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