Apologies to Paul Simon, but when I looked at the long list of design ideas I compiled while at the International Builders’ Show in Orlando, I thought I’d try to mention 50 of them—a nice round num
Moody’s Analytics chief economist Mark Zandi on housing market
Speaking to a group of mortgage bankers in Chicago on Tuesday, Moody’s Analytics chief economist Mark Zandi said that tweaks, not a complete overhaul, could be enough to stabilize house prices and help the mortgage financing industry work through the glut of foreclosures, Dow Jones Newswires reported.
Treasury secretary tells Senate committee new government plan is on its way
business, spending, economy
American businesses stepped up investment spending in August despite the upheaval caused by bitter political fighting in Washington, and some economists raised their forecast for economic growth for this quarter.
California attorney general says banks are not offering enough relief for state homeowners
new home sales, housing starts, 2011 housing market
The Census Bureau reported that new home sales in August were at a seasonally adjusted annual rate (SAAR) of 295,000.
home builders, market, housing market
Fitch Ratings cut a trio of home builders deeper into junk territory Monday, pointing to a dismal outlook for new housing activity as well as liquidity pressures at the struggling home builders.
economy, multigenerational households, housing market, real estate market
More people are living with family members amid high unemployment rates and a slow economy, but while the phenomenon is keeping the poverty rate lower, it has wider negative economic consequences.
real estate, housing market, white house, foreclosures, housing stimulus
President Barack Obama’s prime-time address on jobs didn’t focus much on housing, but it would create a $15 billion fund to get construction workers to rehab vacant and foreclosed homes and businesses.
A number of economists and politicians have issued housing plans in the last few weeks. Here's a round-up of the ideas.
Historically low mortgage rates aren't enough to make up for a struggling economy as potential home buyers continue to sit on the sidelines. And those who already own a home aren't trying to refinance, either.