Common sense suggests that as home prices decline, the property taxes based on their valuations ought to as well. But property taxes nationally are clicking higher. Why is this occurring? Several factors are at work — and they…
The humbled housing sector took a modest step forward last month as starts rose a better-than-predicted 3.9% to a 530,000-unit annual rate. Still, at the current pace, the nation is 18 to 24 months from seeing normal levels of …
The government’s program to prevent foreclosures is falling far short of its stated goals, a congressional watchdog reported.
The Treasury’s Home Affordable Modification Program (HAMP) is likely to fulfill less than a third of its goal of preventing …
The depressing economic statistics about housing in America are well known, but the numbers don’t tell nearly the whole story. In this series, DailyFinance takes a look at troubled neighborhoods in cities across the country, wh…
What happens when an award-winning new development goes bust before it’s fully built? As part of a series looking at the real estate market in the U.S., DailyFinance takes a look at a town near Atlanta that is still struggling …