housing

  • January 7, 2013  

    Ten major banks in the U.S. have agreed to $8.5 billion for wrongful foreclosures on homeowners during 2009 and 2010 at the height of the housing crisis. Margaret Warner talks to Guy Cecala of Inside Mortgage Finance and Diane Thomson of the National Consumer Law Center about the improper foreclosures and who will get the money. Continue reading

  • October 26, 2012  

    The latest round of economic reports show consumer confidence at its highest level since 2007. Consumer spending and home sales are up, as well defense spending. Jeffrey Brown talks to investment advisor Hugh Johnson about the new data — good and bad — including exports decline, job growth rates, and the effect on campaigns. Continue reading

  • July 31, 2012   BY Paul Solman  

    *Real estate agent Diane Olson opens the sliding glass door of a model home in Gilbert, Ariz. “[Phoenix] was one of the hardest hit cities in the collapse, and prices are still more than 50 percent below their June 2006 … Continue reading

  • June 26, 2012   BY Paul Solman  

    Shuttered and repossessed homes line the streets of a middle class neighborhood on the East side of Detroit. Photo by Charles Ommanney/Getty Images. Only in Detroit. That’s the punchline from the monthly S&P/Case-Shiller housing survey, published Tuesday morning with April’s … Continue reading

  • June 26, 2012   BY Paul Solman  

    Shuttered and repossessed homes line the streets of a middle class neighborhood on the East side of Detroit. Photo by Charles Ommanney/Getty Images. Only in Detroit. That’s the punchline from the monthly S&P/Case-Shiller housing survey, published Tuesday morning with April’s … Continue reading

  • April 24, 2012   BY Paul Solman and elizabeth shell  

    Homes in the Georgetown neighborhood of Washington, D.C. The nation’s capital saw the highest price index level of all 20 areas the S&P/Case-Shiller report covers. Creative Commons photo courtesy of flickr user NCinDC. If you’re one of millions of Americans … Continue reading

  • February 28, 2012   BY Elizabeth Shell  

    A sign in a neighborhood outside of Greensboro, N.C. Photo by Victor J. Blue/Bloomberg via Getty Images. By Elizabeth Shell Tuesday’s house price numbers are bad — real bad. Not only have overall indicators dropped to their lowest levels since … Continue reading

  • February 28, 2012   BY Elizabeth Shell  

    A sign in a neighborhood outside of Greensboro, N.C. Photo by Victor J. Blue/Bloomberg via Getty Images. Tuesday’s house price numbers are bad — real bad. Not only have overall indicators dropped to their lowest levels since the housing crisis … Continue reading

  • February 1, 2012  

    President Obama called the housing crisis “massive in size and scope” Wednesday as he described his latest proposal that would let homeowners with private mortgages refinance into government-backed loans. Judy Woodruff discusses the $5 billion to $10 billion plan with Secretary of Housing and Urban Development Shaun Donovan. Continue reading

  • January 31, 2012   BY Paul Solman  

    Photo by Ethan Miller/Getty Images. The monthly housing data released Tuesday by Standard and Poor’s Case-Shiller Index came with sparse good news. Home prices have declined yet again, continuing their wobbly down-up-down decline after the market bubble burst in 2006. … Continue reading

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