Archive

Archive for July, 2010

Rise of the renting class

July 29th, 2010 No comments
Modern America has long paired the "America Dream" with home ownership. The idea of staying put, paying property taxes and periodically mowing the lawn belonged to citizens who were somehow more American than the poor saps who could only afford to rent the place they called home.

Foreclosures climb in 75% of metro areas

July 28th, 2010 No comments
Foreclosure filings climbed in 75% of the nation's metro areas during the first half of 2010, according to a report issued Thursday.

For sale: Dennis Hopper’s compound

July 28th, 2010 No comments
The "Easy Rider" left us earlier this year. Now his stunning Venice, Calif., compound is on the market - for $6.25 million.

Housing: Wall Street 1; Cleveland 0

July 28th, 2010 No comments
The City of Cleveland's long-standing battle to pin its housing woes on Wall Street may have finally gone bust.

Advice for the reluctant landlord

July 28th, 2010 No comments
With plans to start a family, Michael and Becky McCullough, 33 and 31, wanted more space. So last year they snapped up a four-bedroom foreclosure in Brookhaven, Ga., for $480,000.

Home ownership falls to lowest level in 11 years

July 27th, 2010 No comments
The number of Americans who own homes fell in the second quarter of the year to the lowest level since 1999, said a government survey released Tuesday.

Home prices show stability after modest gain

July 27th, 2010 No comments
Home prices rose slightly in May compared with a month earlier, appearing to have stablized at the lower levels that followed the end of the residential real estate bubble, according to the S&P/Case-Shiller Home Price Index of 20 major housing markets released Tuesday.

New home sales rebound 24%

July 26th, 2010 No comments
New home sales rebounded in June from the record low hit the previous month but remained sluggish.

America’s Best Places to Live

July 26th, 2010 No comments
These terrific small cities -- even now -- boast plenty of jobs, great schools, safe streets, low crime, lots to do, and more. See Money's top 100 -- including detailed city profiles, homes for sale, and job openings.

Existing home sales fall 5.1%

July 26th, 2010 No comments
In the latest sign of renewed turbulence in the housing market, an industry group said Thursday that sales of existing homes fell 5.1% in June.