Housing

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Fighting fraud in lending

Jul 16, 2007
The subprime mortgage crisis has focused government scrutiny on lenders who cross the legal line. Now federal and state officials have turned up the heat on all sorts of unsavory lending practices. Steve Tripoli reports.
Posted In: Housing
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Island shopping

Jul 13, 2007
You know you've always wanted your own private island escape. Turns out there are plenty of these jewels for sale... and you only have to be moderately wealthy to afford them. Chana Joffe-Walt checks out some property off the Seattle coast.
Posted In: Housing
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Dollar is losing some of its muscle

Jul 11, 2007
The U.S. dollar is at a record low compared to the euro, and the lowest it's been in 25 years against the British pound. Why? Ashley Milne Tyte reports.
Posted In: Economy, Housing
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There's good news on housing front?

Jul 11, 2007
Economists at the National Association of Realtors are predicting home prices and new-home sales will rebound next year. But that's after the nation's first home-price decline in 40 years plays itself out. Steve Tripoli reports.
Posted In: Economy, Housing
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Housing slump prompts profit warnings

Jul 10, 2007
Home Depot, Sears and homebuilder D.R. Horton let Wall Street know they're expecting disappointing earnings because of the housing market's dramatic slowdown. Ashley Milne-Tyte reports.
Posted In: Economy, Housing, Wall Street
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Real estate still booming in Koreatown

Jul 10, 2007
Developers and realtors in pockets of Southern California are channeling a new stream of South Korean investment money to stave off the slump that's hit much of the U.S. housing market. Lenora Chu has the story.
Posted In: Canada, Housing
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Fed issues new lending guidelines

Jun 29, 2007
The Federal Reserve today put out a set of guidelines for subprime mortage lenders. The only thing is, the "standards" are voluntary. So, what's the point? Jill Barshay reports.
Posted In: Housing, Investing, Washington
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Real estate slump a boon for vacationers

Jun 29, 2007
The downturn in the U.S. housing market may have ripple effects for the rest of the economy, but it's good news for folks looking for a summer rental as the holiday season comes to a head. Steve Tripoli reports.
Posted In: Housing
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More bad signs in the housing market

Jun 26, 2007
The nation's second-largest homebuilder, Lennar Corp., said it lost money for the second-straight quarter. It also expects the housing market to get worse. Economist Christopher Mayer tends to agree.
Posted In: Housing
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Property taxes falling

Jun 22, 2007
Homeowners in some 21 states are holding their breath, hoping for reform that'll bring property tax relief. Four states have already slashed property taxes. But not everyone shares the joy, particularly schools and other local agencies that rely on tax dollars. Dan Grech reports.
Posted In: Housing, Taxes

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