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Housing starts hit highest level since Nov. 2008

U.S. housing starts rose more than expected in March to their highest level since November 2008 and permits to build new homes scaled a 17- month high.

 

Foreclosure rates surge, biggest jump in 5 years

A record number of U.S. homes were lost to foreclosure in the first three months of this year, a sign banks are starting to wade through the backlog of troubled home loans at a faster pace, according to a new report....

 

Watchdog Group: Obama's Mortgage Aid Plan Wastes Billions

Watchdog Group: Obama's Mortgage Aid Plan Wastes Billions

Despite a flurry of recent changes to the program, the Congressional Oversight Panel, chaired by Harvard Prof. Elizabeth Warren, outlines a slew of criticisms in a new report to be released today.

 

WaMu executives testify before Senate, defend their job performance

Top officials say Washington Mutual was largely the victim of the housing downturn. But two former WaMu risk officers tell a Senate panel the failed savings and loan took too many chances.

 

Mortgage Rates at Five Month High

Mortgage rates rose for the third straight week to a five-month high, according to Bankrate.com's new weekly national survey.

 

Apartment Rents Rise as Sector Stabilizes

Apartment Rents Rise as Sector Stabilizes

Apartment rents rose during the first quarter, ending five straight quarters of declines and signaling the worst may be over for the hard-hit sector.

 

Dow Nears 11,000 As Jobs, Energy Gain

Dow Nears 11,000 As Jobs, Energy Gain

Reaction to last week's employment report translates into stock market gains as service sector, real estate also report upbeat news.

 

Sharp Rise in U.S. Home Sales in February

Sharp Rise in U.S. Home Sales in February

The wobbly housing market is showing a rare sign of strength: pending home sales were up significantly in February, a report released Monday said, suggesting that Americans took advantage of a tax credit for home buyers.

 

Great Real Estate Deals That Won't Last

Great Real Estate Deals That Won't Last

Federal subsidies, low interest rates, falling home prices--find out how to get on board before these benefits run out.

 

ADP Report Brings Big Disappointment

With the recovery in housing and related industries fading away again in recent months, hopes shifte

 

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