The latest reports on home sales and prices offer a complicated and conflicted picture. But when the data are taken together, one thing is clear: Weighing risk and reward, it’s worth waiting a few months to see which way the re…
While home prices were falling last fall nearly nationwide, the pace of sales has picked up more recently. Overall, it seems clear that the worst of the housing debacle has passed. It’s just that the U.S. remains on a slow, gri…
With corporate earnings season in full swing — watch for McDonalds, along with Catepillar, Amazon and other — and with the Fed meeting on interest rates, the GDP estimate and housing numbers coming out — the week ahead is ex…
One of these months, new-home sales are going to show that Americans have decisively returned to buying newly built residences. Unfortunately, November was not that month: New-home sales rose a less-than-expected 5.5% to a 290,…
Sales agreements for previously occupied homes rose 10.4 % in October. But that one spark of hope comes against a backdrop of declining prices, bulging inventories and ongoing legal issues around foreclosures. Don’t count on a …