Pages
No good signs for housing market
Ashley Milne-Tyte Sep 1, 2007
New-home construction plunged 14% last month. Residential building is at a 10-year low. And January housing starts are down 38% over last year. Ashley Milne-Tyte reports on the housing market's search for the bottom.
Risky home loans off the market
Nancy Marshall-Genzer Sep 1, 2007
A major lender has announced it's going to stop making risky loans that help financially-stretched homebuyers pull together a down payment. That's likely to further weaken demand in the slumping housing market.
Scam alert: Struggling homeowners beware
Steve Tripoli Sep 1, 2007
Con artists have found a new way to prey on nervous homeowners in danger of losing their properties. It's called a foreclosure release scam, and there are some sure danger signs to look for.
Mortgage failures starting to mount
Alisa Roth Sep 1, 2007
British banking giant HSBC is facing bad-debt charges of more than $10 billion — worse than analysts expected. The company blames U.S. mortgage holders who aren't making payments. As Alisa Roth reports, HSBC's not the only one in trouble.
Sub-prime proves sub-par
Stephen Beard Sep 1, 2007
The slowdown in the U.S. housing market has rippled all the way across the Atlantic. A British banking group has warned that bad debts will be much greater than expected.
Demand for office space flares
Bob Moon Sep 1, 2007
While the housing market continues its decline, commercial real estate is a red-hot investment opportunity thanks to rising rents and low interest rates.
Millions of foreclosures loom
Sep 1, 2007
Mortgage payments are on the rise for homeowners who took advantage of that sub-prime loan frenzy a few years back. As many as 20 percent could lose their homes, fears commentator Robert Reich.
Has the housing market hit bottom?
Kai Ryssdal Sep 1, 2007
New-home sales were up in December, according to the Commerce Department. But 2006 was a year the home-building business would rather forget. Sales suffered the biggest drop since 1989. What's next?
Kid-friendly homes . . . in the city
Lisa Napoli Sep 1, 2007
Some builders in New York have discovered a growing niche in the housing market: families who want the comforts of a suburban lifestyle without the commute. Lisa Napoli has the story.
Decline of the housing boom hits home
Alisa Roth Sep 1, 2007
Two of the country's biggest homebuilders, Centex and KB Home, gave us a sign today that the nation's housing boom may, indeed, have hit bottom. Alisa Roth reports.
