Homebuilder Toll Brothers Trims Losses, Predicts Recovery (Again)
Filed under: News,EconomyOverly optimistic home builders helped fuel the housing bubble. Now the country's largest luxury homebuilder is back -- as overly optimistic as ever. Should buyers believe the...
View ArticleAvoiding Foreclosure: Declaring Bankruptcy Sometimes Helps
Filed under: News,EconomyIt's sad but true. Americans are increasingly filing for bankruptcy in order to avoid foreclosure. Katherine Porter, a bankruptcy expert at Harvard Law School, estimates that...
View ArticleHousing Bounce Starts in 2011, Says Index of Top Experts
Filed under: EconomyIf you're keeping track of all the real estate surveys out there, add this one to your list: MacroMarkets, the research firm founded by housing sage Robert Shiller, has started...
View ArticleLow Mortgage Rates: Protection Against Double-Dip Recession?
Filed under: News,EconomyAn apple a day keeps the doctor away, while a low mortgage rate ... keeps recession at bay? That's the thinking at Morgan Stanley, where economists have published research...
View ArticleHomebuilders Lose Confidence After Homebuyer Tax Credit Expires
Filed under: News,EconomyIt was the tax credit, after all. Or so it seems. One of the timeliest leading indicators for real estate prices -- the homebuilder confidence survey published by the National...
View ArticleDistressed Homes: Toll Brothers Invests Instead of Building More
Filed under: News,EconomyYou can't blame them for trying to make lemonade. Toll Brothers, the nation's largest builder of luxury homes, says it has launched an investment firm to take advantage of the...
View ArticleTrulia's Rent vs. Buy Index: Rent in Omaha, Buy in Minneapolis
Filed under: Economy,LifestyleAlways a popular comparison in real estate: Is it better to rent or buy? Now, real estate website Trulia.com has launched a Rent vs. Buy Index, featuring the top 10 cities...
View ArticleHousing Starts Disappoint, Analysts Shrug
Filed under: News,EconomyWhat happens when there is bad housing news that nobody hears? Is it like the proverbial tree falling in the forest? Does it mean the bad news won't have a negative effect? New...
View ArticleCase Shiller Index: Home Prices Down Despite Incentives
Filed under: News,EconomyIf you were looking for good news about the housing market, you're in the wrong week. After yesterday's depressing data about April's rising inventories, the S&P Case...
View ArticleExisting Home Sales Drop, Despite Incentive
Filed under: News,EconomySales of existing homes dropped unexpectedly in May, according to data released today by the National Association of Realtors. Economists had predicted that sales would rise,...
View ArticleHome Sales Are Up: Bad News in Disguise
Filed under: News,Economy Pop the Champagne! Sales of existing homes rose more than expected in April, jumping 7.6 percent from March to 5.77 million units. That means a whopping 22.8 percent more...
View ArticleIs Queens, N.Y.'s Housing Market Headed for Collapse?
Filed under: Economy,LifestyleIf you feel you got away too easily in the housing collapse, maybe you live in New York's Queens or on the outskirts of another big American city. Keith Jurow at the Real...
View ArticleHomeownership Advantages Questioned by FDIC Chief
Filed under: News,EconomyIt's National Home Ownership Month, prompting lots of talk about the value of owning a home. The rhetoric isn't all bubbly. Sheila Bair, the outspoken head of the Federal...
View ArticleHome Prices Expected to Drop, but Only a Little, Economists Say
Filed under: News,EconomyWhat a difference a month makes. MacroMarkets' June "home price expectations index" released this morning shows that 56 percent of surveyed experts see home prices dropping...
View ArticleBuy vs. Rent: Now Buying Is Cheaper in Big Cities
Filed under: News,EconomyCredit Suisse is putting numbers to something we already suspect: The gap between the cost of owning and renting an apartment has halved in the past two years. In some...
View ArticleOpen Houses Puzzle British Home Buyers
Filed under: NewsThe English newspaper the Financial Times had an (inadvertently) quaint article on Friday about "a sales technique known as the open house." Obviously written for a British audience,...
View ArticleNew Home Sales Lagged in May, So What's Next?
Filed under: News,EconomyIt's official: The housing market stinks. So when's the turnaround coming? Sales of new homes went into a freefall in May without the government's artificial lifeline. No...
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