Feb 04 Reflections on the Housing Market By Carolyn O'Hara Economist Karl Case co-developed the S&P/Case-Shiller Home Price Index, today the most widely watched source of housing market prices in the U.S. Here, in a PBS NewsHour online exclusive, is his summation of the housing crisis -- in verse form. Continue reading
Jan 26 Watch Home Price Experts Give Take on Markets in Atlanta, Beyond As part of his ongoing series, Making Sense of the economy, Paul Solman takes a real estate tour in Atlanta, Ga., with two experts on home sale prices. Continue watching
Jan 25 Watch Obama Looks to ‘Reestablish’ Economic Security President Obama is expected to pay particular attention to the needs of middle-class voters in Wednesday's State of the Union. Continue watching
Nov 24 Report: 23% of Mortgaged Homes ‘Underwater’ The number of U.S. homes worth less than the mortgages owed on them reached 10.7 million, or 23 percent of all mortgaged homes, in the third quarter, according to a new report. Continue reading
Nov 12 Home Foreclosures, New Jobless Claims Decline By Carolyn O'Hara Foreclosure numbers dropped for the third straight month in October, and new claims for unemployment benefits dropped more than expected last week, according to figures released Thursday. Continue reading
Oct 15 Are the Latest Foreclosure Numbers Good News or Bad News? The Business Desk: The headline on Bloomberg’s foreclosure story this morning: “U.S. Foreclosure Filings Jump 23% to Record in Third Quarter.” The headline on Reuters: “Foreclosures Fall for Second Straight Month.” Both it turns out, are correct. But don’t… Continue reading
Oct 15 Watch Making Sense of the Foreclosure Crisis In the latest in a series of reports making sense of the economy, NewsHour economics correspondent Paul Solman examines the ongoing foreclosure crisis. Continue watching
Aug 13 Home Foreclosures Set Third Record in Five Months By Online DA Foreclosure filings in the United States jumped in July, again setting a record for the third time in five months. The increase was due to falling home prices and the recession, which kept some homeowners from making payments or refinancing. Continue reading
Aug 04 Watch Despite Federal Aid, Lenders Slow to Modify Home Loans Fewer than 8 percent of eligible borrowers have successfully modified their mortgages under a $75 billion federal plan aimed at halting home foreclosures, according to a Treasury Department report. Jeffrey Kaye reports on the early struggles of the program. Continue watching
Jul 29 Watch In Forum, Bernanke Says Fed Was Late Addressing Subprime Crisis The third and final installment of a special forum with Federal Reserve chief Ben Bernanke, moderated by Jim Lehrer in Kansas City, Mo. Continue watching