Home building surged to a four-year high in September. NEW YORK (CNNMoney) — The housing recovery blossomed in September, as the pace of home building surged to a four-year high, according to a government report issued Wednesday. Builders started work at an annual pace of 872,000 homes last month, up […]
Many economists believe this emerging housing recovery will produce only slow and modest improvement in home prices, construction and jobs, others believe the rebound will be much stronger. Barclays Capital put out a report recently forecasting that home prices, which fell by more than a third after the housing bubble […]
NEW YORK (CNNMoney) — The wave of foreclosures hitting the nation’s housing market has been much less severe than anticipated, with foreclosure filings at their lowest level in five years last month, according to a report out Thursday. Foreclosure filings — including default notices, scheduled auctions and bank repossessions — […]
Economists: Housing recovery finally here: Economists surveyed by CNNMoney believe that the housing market recovery is finally here. NEW YORK (CNNMoney) — It’s been a long time coming, but economists surveyed by CNNMoney believe the nation’s housing market has finally turned the corner. Of the 14 economists who answered questions […]
WASHINGTON (AP) –Home prices kept rising in July across the United States, buoyed by greater sales and fewer foreclosures. National home prices increased 1.2% in July, compared to the same month last year, according to the Standard & Poor’s/Case Shiller index released Tuesday. That’s the second straight year-over-year gain after […]
George Haynes of Otis Pest Control Presented by: We continue our series on Home Insect Management with our guest, George Haynes of Otis Pest Control. On our show this week, Mark asked George about a mole problem he was having in his yard. Georges response was, ‘You don’t have a […]
The U.S. housing industry — crucial to any jobs recovery — showed more signs of strength, according to two reports issued Wednesday. The Census Bureau said housing starts and permits rose substantially in August. Separately, sales of previously occupied homes climbed 7.8% from a year ago, according to the National […]
The Federal Reserve launched another aggressive stimulus program on Thursday, saying it will buy $40 billion of mortgage debt per month and continue to purchase assets until the outlook for jobs improves substantially. In a significant shift in the direction of U.S. monetary policy, the Fed has tied its unconventional […]