Home prices continued to sink in the third quarter, falling to levels not seen since early 2003.
The besieged housing market has even further to fall before home prices really hit rock bottom.
Foreclosures declined in more than 84% of U.S. metro areas during the first half of the year, according to the latest report from RealtyTrac, an online marketer of foreclosed properties. But that doesn't mean these markets are staging a turnaround.
My fiancé and I are saving up to buy a house in the not-too-distant future. We want to take advantage of the housing market, but he's skeptical about whether this is the best time to buy. When do you think prices will go up? -- S.R., Los Angeles
Home prices hit another new low in the first quarter, down 5.1% from a year ago to levels not reached since 2002.
For the first time in years, buying a home may beat renting.
Home prices in February sank 3.3% to just above the post-crisis lows reached in April 2009. It was the seventh straight month of declines.
New home sales started to creep back up in March, according to government figures released Monday, but the housing market is still far from a recovery.
Home prices took a big hit at the end of 2010, even as the rest of the economy gained steam.
Is now the right time to invest in a house?
Can't sell your home for a decent price? You're not alone.
U.S. home prices fell 2% in the third quarter after having gained steadily since early 2009.
America may be on the ropes, but its neighbor to the North wants everybody to know that, in contrast, it's doing just fine.
Home prices have risen for five straight months, but the rate of growth has slowed, according to an industry report released Tuesday.
U.S. stock futures rose slightly Tuesday, as investors mulled over the latest data on home prices and await a reading on consumer confidence.
For the growing number of struggling homeowners in this country, more help is on the way. Additional aid from the federal government will begin making its way to them next month -- one program would help qualified homeowners refinance their mortgages after seeing their property values fall below the amount they owe, and the other includes another round of funding to help the unemployed or underemployed with their payments.
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.
Home prices rose 0.8% in April compared with March and were up 3.8% from a year ago, according to the S&P/Case-Shiller Home Price Index of 20 major housing markets.
Robert Shiller, the innovative economist who helped create the S&P Case-Shiller Home Price indices, has been talking about the intersection between human behavior and markets for decades. His work there wasn't widely recognized, however, until the 2008 housing bust left us all wondering how the bubble ever got so big in the first place.
February home prices posted their first year-over-year increase since December 2006, according to a report out today.
Federal Reserve chairman Ben Bernanke said Sunday that low interest rates in the first half of the last decade were "appropriate" at the time and were not the main cause of the ensuing housing bubble.
After four months of gains, home prices flattened in October. Worse yet, industry insiders think that they'll soon start to fall.
American homeowners will have lost nearly $500 billion in home value by year's end.
Home prices rose for the second consecutive quarter but remained nearly 9% lower than a year earlier, according to a housing market report issued Tuesday.
Home prices rose for the fourth month in a row during August and suffered a smaller-than-expected annual drop, according to a report issued Tuesday.
If you're a beef-eating, beer-guzzling, pick-up driving resident of heartland America, there's a good chance you escaped the housing bust. But pesto-chomping, chardonnay-sipping, hybrid-driving city-slickers were probably out of luck.
If you thought home prices were bottoming out, you may be wrong. They're expected to head a lot lower.
There was another tick-up in home prices in July, a further indication that housing markets may be stabilizing, according to a report issued Tuesday.
National home prices may be on the road to recovery.
It's noon in New Haven, and Yale economist Robert Shiller and I are leaving his office to walk down the block for pizza. It was a damp morning, but now the sun is breaking through the clouds. "Do we need an umbrella?" he asks. I say I don't think so. But a few steps outside his office, he turns around to get one. "It's better to be safe," he says.
Home prices continued to tumble in April, falling 18.1% from a year earlier -- but the change from March narrowed sharply, indicating that housing markets may be starting to turn.
Your home value has sunk like a stone, and you're so far underwater you'll have to hold your breath for years. Can you at least get a break on your property taxes?
Housing prices in 20 major cities fell at record monthly and annual levels in January, according to a private report issued Tuesday, with prices down 2.8% from December and 19% from a year earlier.
Crashing home prices have led to the most affordable housing market in at least five years, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index released Thursday.
Home prices declined at a record pace around the nation in the final three months of 2008, according to an industry report released Tuesday.
What a turnaround for the American Dream!
President Obama unveiled a $75 billion multi-pronged plan Wednesday that seeks to help up to 9 million borrowers suffering from falling home prices and unaffordable monthly payments.
An index of home prices in 20 major metropolitan areas fell at a record annual pace in November, to levels not seen since 2004, according to a report released Tuesday.
Home prices continued to plunge in November, according to a new government report released Thursday.
The United States is suffering the worst financial crisis since the Great Depression. The nation's reliance on the rest of the world to support its rampant spending is increasing and across the nation Americans are losing their jobs.
U.S. home prices tumbled in April at the fastest rate since a widely followed index was begun in 2000 with all 20 metropolitan areas surveyed posting annual declines for the first time
Declining home prices across the nation are bringing valuations - the difference between what a home should cost and its actual price - back to pre-bubble levels, according to a survey released Monday.
Home prices have posted another record decline, as most of the nation's largest markets suffered double-digit drops over last year, a survey released Tuesday shows.
Among the nightmares lurking around the corner for the already battered housing and credit markets would be a meltdown at mortgage financing giants Fannie Mae and Freddie Mac.
It may be the best time to buy a house in more than four years.
Former Federal Reserve Chairman Alan Greenspan in a commentary published Wednesday argues that Fed policy under his leadership was not the cause of the housing bubble that precipitated the current crisis in financial credit markets, as some have charged.
Most Americans still believe their homes are worth more than they were a year ago, although the fraction who now think their home is losing value has more than doubled compared to a year ago, according to a survey released Monday.
Home prices are expected to finish down for the year, the National Association of Realtors (NAR) said Tuesday, which would mark the first drop since the group started tracking values in 1968.
Larry and Tammy Curell are learning the meaning of Surprise, Ariz. The Curells had hoped to move to a bigger house in the fall. But nine months after putting their newly built four-bedroom on the m...
The real estate slump could get worse before it gets better. But these 10 markets offer great opportunities for those who have the patience to buy and hold.
The economy appears thriving away from home, or more precisely, away from homes.
The real estate slump could get worse before it gets better. Business 2.0 Magazine, in its November 2006 issue, identifies 10 markets that offer great opportunities for those who have the patience to buy and hold.
American families are paying an increasingly large portion of their incomes for housing, putting a squeeze on household budgets, according to a survey published Tuesday by the Census Bureau.
Faced with higher mortgage rates and deteriorating housing markets, more Americans are having trouble paying off their mortgages this year, according to the latest quarterly report on delinquencies from the Mortgage Bankers Association released Wednesday.
Home sales slumped more than expected in July, according to a trade group reading that showed the biggest supply of homes for sale in 13 years, coupled with weak prices.
Home sales are slowing. Condo prices are slipping. Sellers can't get their asking prices. And real estate bulls, including Columbia University economics professor Christopher Mayer, who not long ag...
You don't need to be in the market to buy or sell a home to be affected by the cooling housing market.
In the early 1960s, back when the St. Joe Co. was still in the business of growing Florida pines, not developing Florida real estate, legend has it that a Hollywood movie mogul by the name of Walt ...
Way back in 2000, Debbie Daly and her husband had no inkling that paying $402,000 for a four-bedroom ranch house would turn out to be a jackpot move. But their timing proved flawless. Within four y...
Existing home sales hit a new record in June in an industry report out Monday, as the real estate market remains hotter than Wall Street expectations, sending housing prices to their biggest increase in 25 years.
You can imagine it: a white house, a picket fence, a brick walkway to a green front door, and a beautiful foyer. Backyard barbecues, a two-car garage, and a living room with plenty of space for your surround-sound theater.
As U.S. housing prices continue to creep higher, more and more of them are enjoying the elite status of a million-dollar home, according to a government report released Tuesday.
Will low mortgage rates remain around long enough to keep housing prices inflated?
The number of U.S. metropolitan areas experiencing booms in real estate prices spiked 72 percent in 2004, according to a report from the Federal Deposit Insurance Corporation (FDIC).
Dear Armchair Millionaire: Home prices in my area are rising fast and I want to get into a house of my own while I can still hope to afford it. I think that getting the largest mortgage possible now will pay off down the road because a more expensive house will have the biggest increase in value. What do you think?
No one's really sure if the nation's housing market is a bubble at risk of bursting, or fairly priced with more upside ahead.
NEW YORK (MONEY Magazine) - Yale University economist Robert Shiller made one of the great calls in stock market history. His book "Irrational Exuberance" hit the shelves in March 2000, the same month the tech-stock bubble struck a sharp pin.
SALEM, Ore. (CNN/Money) - The dream of owning property, and making a serious profit selling it, isn't unique to America.
Hurricane Charley did a prime number on Florida's Sanibel Island, toppling phone poles, ripping roofs off beachfront homes and uprooting stately palms and Australian pines that canopied the resort'...
Ed Yardeni was among the first Wall Street strategists to argue after the 2000 stock market crash that real estate would be the next big thing. Low interest rates, a weak dollar, tax cuts, immigrat...
Maybe this is the most ominous sign of trouble ahead in the real estate market: The Kiwanians have gotten into condos.
In his 2000 bestseller, Irrational Exuberance, Robert Shiller argued that Americans had become overly obsessed with the stock market. Now the Yale economics professor sees signs of a similar obsess...
BEND, Ore. (CNN/Money) - If you're like most Americans, much your net worth is tied up in a single, illiquid asset - your house.
and the subsequent cooling off of the market -- for more than a year.
When it comes to real estate, there's one topic on everybody's mind these days: interest rates. Real estate has been unstoppable in recent years, thanks in no small part to ultracheap mortgages. Bu...
Bend, Ore. (CNN/Money) - People are heading to Las Vegas with hope of hitting the jackpot. They're not on the Strip, but in housing developments in and around the city.
BEND, Ore. (CNN/Money) - The market for rental housing in many parts of the country is gasping for air.
BEND, Ore. (CNN/Money) -With home prices as high as they are and interest rates creeping up, you might be seconding-guessing your decision to buy a house now.
If you own a home, it's probably safe to assume its value has gone up these past few years.
Worried about a housing bubble in your hometown? Well, just think how Los Angelenos must feel. Los Angeles and its environs are coming off back-to-back years of 20% to 30% increases in home prices....
Worried about a housing bubble in your hometown? Well, just think how Los Angelenos must feel. Los Angeles and its environs are coming off back-to-back years of 20 to 30 percent increases in home prices.
BEND, Ore. (CNN/Money) - The market for rental housing in many parts of the country is gasping for air.
For now, mortgage rates are still near historically low levels.
Jack Torza has been selling houses for 29 years, and he's never been more optimistic. Subdivisions are going up all over his territory in Hanover, Va., a leafy suburb of Richmond. Properties usuall...
IN OUR 16TH SURVEY OF AMERICA'S TOP TOWNS WE LOOK AT 10 BIG CITIES WHERE PEOPLE ARE MOVING AND REAL ESTATE IS BOOMING, AND FIND THE BEST NEIGHBORHOODS AND SUBURBS FOR LASTING VALUE, QUALITY OF LIFE...
THE STOCK MARKET'S STUCK IN THE BASEMENT. NO WONDER HOME IS WHERE OUR HEARTS (AND WALLETS) ARE THESE DAYS. WE'RE POURING MORE AND MORE OF OUR NET WORTH INTO HOUSING--AND TAKING MORE AND MORE OUT, T...
Bubble, bubble, toil and trouble." Okay, so I'm taking liberties with Shakespeare. But in the financial markets, as in Macbeth, talk of bubbles means that someone's up to no good.
In these turbulent times, it's a relief to ponder the things you really can count on. The recently departed, love-'em-or-hate-'em New York Yankees will roll into the playoffs again next season. Our...
The signs of recovery are so obvious that only an Olympics figure-skating judge could miss them. The manufacturing sector rebounded in February after an 18-month-long tailspin. Activity in the all-...
With their open-necked oxford shirts, plaid sports coats and slightly rumpled air--and their ability to recall factoids like the 1987 gross domestic product and a tendency to say things like, "Actu...
It's primal, traditional, part of an American's birthright -- ownership of a home whose value appreciates forever. Yet if there was one support beam * undergirding the American standard of living t...
If you're looking to buy a home, give the housing market a cheer. If you're selling, give it two cheers. Home prices have been rising modestly, about 3% to 4% during the past year, and they're like...
Dear Mr. Statistics: I reside richly in idyllic Palm Springs, California, a locale where a fellow is supposed to have no worries except about possibly getting beaned by a golf ball. But lately the ...
Trying to figure out whether your home's value is about to rise or fall can be devilishly confusing these days. First, the National Association of Realtors suggested that boom times were back, repo...
Good-bye, subterranean homesick blues. A nationwide poll of 300 MONEY subscribers conducted by the Gallup Organization in March shows that people have become far more upbeat about the path of home ...
Ah, spring! Lilacs are in bloom, your hometown baseball team still has a mathematical shot at the pennant, and all across our fair land the mating call of that persistently optimistic species, Brok...
When the rolling thunder of U.S. and allied warplanes began pounding Iraqi forces on Jan. 16, hopes were high for a speedy high-tech end to the war in the Persian Gulf. But that optimism quickly ga...
With for sale signs seemingly becoming permanent fixtures on more lawns across the country, the balance of power has clearly shifted from home sellers to buyers. As a result, shelter seekers in the...
Business must take a bigger role in attacking the critical shortage of affordable housing in several regions of the U.S. In areas where home prices and rents are out of reach for many of their empl...
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