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Home Inventory Rises as Sales Fall Wall Street Journal, July 23, 2010 Sales of existing homes declined in June while the inventory of unsold homes rose, a combination that doesn't bode well for prices in the months ahead. In its monthly report on...
U.S. Home Foreclosures Climb 44% to Record in May Bloomberg, June 11, 2010 U.S. home foreclosures reached a record for the second consecutive month in May, with increases in every state, as lenders stepped up property seizures, according to RealtyTrac...
Foreclosures Seen Still Hitting Prices February 16, 2010, Wall Street Journal More waves of foreclosures will keep downward pressure on home prices in parts of the U.S. over the next several years, two new studies project. The studies — by John...
F.D.I.C. Closes 3 Failed Banks December 13, 2009, New York Times Regulators on Friday shut down banks in Florida, Arizona and Kansas, bringing to 133 the number of United States banks that have failed to hold up this year against the struggling economy...
Bailout: $15 Billion More to Fannie Mae (and More to Come) November 6, Pro Publica The Treasury Department will pump $15 billion more into Fannie Mae, the company announced [1] last night. That brings Fannie’s total bailout to $59.9 billion; together...
Where Are All the Foreclosure Lawyers? October 26, 2009, TIME Magazine Home foreclosure isn't a legal abstraction for Yolanda Paschal, a recent graduate of the University of Miami School of Law. Her parents are facing foreclosure on the Miami house...
California Home Sales and Prices Inch Up October 16, 2009, Los Angeles Times California's housing market showed more signs of recovery in September, as the median sales price rose nearly 1 percent from August, to $251,000, a real estate research firm...
MBA: Foreclosures, Unemployment to Peak Next Year October 13, 2009, Associated Press Foreclosures will peak by the end of next year and unemployment will climb above 10 percent as the housing market and U.S. economy grapple with the aftermath of the recession...