Housing

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New home construction up 30% from last year

May 16, 2012
Housing starts, as they're called, were up 2.6 percent last month, and compared with last April, home construction was up almost 30 percent.
Posted In: Housing, construction, real estate

States use homeowner funds to plug budget holes

May 16, 2012
Major banks forked over billions of dollars in a mortgage settlement. Some states are using that money to fix any kind of budget gap.
Posted In: Housing, mortgage settlement

Even in Alabama, it's hard to get a home loan

May 14, 2012
Alabama wasn't hit hard by the housing collapse, and prices are now rising. But it's still difficult to get a home loan there.
Posted In: Housing, Alabama

Bidding wars return to one Boston neighborhood

May 14, 2012
Packed open houses, multiple offers, and higher prices. In (usually high-end) neighborhoods like Jamica Plain, the bidding wars still rage.
Posted In: Housing, boston

New homes springing up in Phoenix

May 14, 2012
Like a lot of Western cities, Phoenix's housing market crumbled during the recession. But new home sales are up 35 percent from a year ago.
Posted In: Phoenix, arizona, Housing

Banks try to adopt mortgage settlement rules

May 9, 2012
The big 49-state deal on mortgages was supposed to help clear the foreclosure backlog. So how are the banks faring now?
Posted In: Housing, Bank of America, mortgage settlement

Mortgage delinquencies down

May 9, 2012
Credit reporting agency TransUnion says the percentage of people behind on their mortgages is down to its lowest level since 2009.
Posted In: Housing, mortgage

Herculean effort to fix a city's budget

May 8, 2012
Hercules, Calif. was on the brink of bankruptcy. So the town made major sacrifices to stay solvent.
Posted In: Hercules, california, bankruptcy, state, local, Housing

Real estate agents bristle at online listings

May 2, 2012
Zillow, Trulia and other sites contain inaccuracies that skew the market, real estate agents say. Some are pulling their online listings.
Posted In: Housing, real estate

Federal Reserve holding off on new action... for now

Apr 26, 2012
The Fed has ended its two-day meeting and the conclusion is the economy isn't bad enough to take new action now.
Posted In: Federal Reserve, Housing, Ben Bernanke

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