When it comes to real estate, the U.S. is hardly a homogeneous market. For instance, New York fell much less than Los Angeles did, and now both are rebounding. But the cities’ different local economics may yet put them on diver…
U.S. new-homes sales were unchanged in August, clocking in at a 288,000-unit annual rate — the second lowest level since 1963. Overall, new home sales flat-lined this summer after the home buyer tax credit ended, but there was…
As the number of foreclosures continues to rise and more homeowners find themselves underwater, it’s hard to argue that housing values have ended their fall. But when will the market finally bottom out? It could take several mo…