January 2012
Monthly Archive
31 Jan 2012 09:02 pm
Florida's cities were some of the hardest hit by the housing bust, but now they are leading the charge back. Of Realtor.com's top 10 turnaround towns, eight are in the Sunshine State.
31 Jan 2012 06:26 pm
Home prices post steep decline
Home prices posted a steep, month-over-month drop in November, falling 1.3%, according to the latest S&P/Case-Shiller 20-city report. Prices fell in 19 of the 20 cities the index covers.
30 Jan 2012 01:09 pm
Obama expands foreclosure prevention program
The Obama administration is taking another swing at improving its main foreclosure prevention program.
27 Jan 2012 06:12 pm
The housing recovery that wasn’t
FORTUNE -- Over the past few months, a spate of good news about the U.S. housing market has led some to think a recovery is finally on the horizon.
26 Jan 2012 02:27 pm
New-home sales hit a record low
Just 302,000 new homes were sold in 2011, 6.2% below 2010 and the lowest number of annual sales since the government started tracking home sales in 1963.
26 Jan 2012 06:40 am
Foreclosures made up 20% of home sales in 3Q
Sales of homes in foreclosure comprised 20% of all U.S. residential sales during the third quarter, according to RealtyTrac.
25 Jan 2012 08:36 pm
Out of all of the presidential candidates, former Massachusetts Governor Mitt Romney owns the most real estate -- even after unloading a couple of sizable properties.
25 Jan 2012 03:27 pm
Mortgage crimes are focus of new task force
A new special task force to investigate and prosecute those responsible for bad mortgages during the housing boom will be part of President Obama's 2012 agenda.
24 Jan 2012 06:23 am
Has Obama’s housing policy failed?
President Obama is expected to once again offer ways to help the beleaguered housing market in his State of the Union speech Tuesday night.
23 Jan 2012 07:16 am
Stocks: Greece’s debt talks in focus
As investors return from the weekend, Monday is already starting off a lot like Friday did: Greece's debt talks are still in limbo, and U.S. companies continue to report earnings.
23 Jan 2012 07:03 am
iReport: The best car I ever owned
Drivers often have an emotional attachment to their cars. After all, what we drive often says something about who we are. Here are some stories submitted to iReport from automobile owners about their favorite car.
23 Jan 2012 06:56 am
Hot girls and funny animals are, once again, the theme of upcoming Super Bowl ads. Who would have guessed?
23 Jan 2012 06:25 am
Foreclosures: America’s hardest hit neighborhoods
The housing collapse has dramatically changed the nation's foreclosure landscape.
23 Jan 2012 06:18 am
Keystone: China connection is overblown
When President Obama rejected the Keystone oil sands pipeline expansion last week, critics immediately sounded the China alarm.
23 Jan 2012 06:11 am
Mitt Romney has portrayed himself as a tax cutter when he served as governor of Massachusetts -- slashing taxes 19 times.
23 Jan 2012 05:56 am
Greek debt talks are said to be progressing but officials have yet to announce a deal to scale back the nation's overwhelming debt load. Greek debt talks have been ongoing for days, but outcome Is uncertain ahead of Monday's finance ministers' meeting.
22 Jan 2012 08:29 pm
A Cadillac hearse that carried the body of President John F. Kennedy to Air Force One following his assassination in Dallas was sold at a Scottsdale, Ariz., auction for $160,000.
22 Jan 2012 03:24 pm
China’s housing market is set for a hard landing
The numbers are grim: China's property bubble is heading for a spectacular burst, and its effect on the country's economy will be widespread.
22 Jan 2012 12:37 pm
Romney to release tax returns Tuesday – CNN
21 Jan 2012 04:46 pm
Zombie brands: Life after bankruptcy
When companies die, the underlying brands often live on. Here's a look at the fate of Circuit City, Kodak, Sharper Image and five others.
21 Jan 2012 03:34 pm
6 things you’ll pay less for in 2012
Even though it may seem as if everything is getting more expensive these days, there are a few exceptions. From wine to tablet computers, here are some of the purchases you'll pay less for this year.
20 Jan 2012 10:04 pm
Steal this house! 7 foreclosure deals
A three-bedroom home for $15,000? These foreclosed homes may be in some of the U.S.'s hardest hit neighborhoods, but the deals may be too good for some buyers to pass up.
20 Jan 2012 07:27 pm
Government-backed loans to doctors have surged more than 10-fold in the past decade, a trend industry insiders say is a red flag that doctors in America are in financial distress.
20 Jan 2012 04:57 pm
I invested in a gold ETF over the past three months and have suffered losses. Should I hold my positions and hope for better days ahead? Or should I cut my losses now? -- S.B.
20 Jan 2012 04:25 pm
A world in chaos? That may be a good thing.
Too much is happening in the world. Politically, economically, and culturally momentous news is occurring on every continent seemingly every day, and it's overwhelming for the hapless citizen striving to stay on top of it all. If you want to impose order on the chaos, at least in your own mind, here's a suggestion: Just remember a, b, c, d. Four large, interrelated forces are driving the action globally, and they conveniently begin with those letters.
20 Jan 2012 03:22 pm
Iran oil to be sanctioned by Europe Monday
The European Union will announce tough new sanction on Iran's oil industry Monday.
20 Jan 2012 01:05 pm
Inside Newt Gingrich’s tax return
The GOP presidential candidate's federal tax returns reveal that he and his wife paid 31.45% of their total income in taxes last year.
18 Jan 2012 06:32 pm
Wal-Mart launches “American Idol”-like contest
Wal-Mart, the world's largest retailer, has launched an "American Idol"-like contest to find the best new products.
17 Jan 2012 08:20 pm
Housing: The one bailout America could really use
Laurie Goodman is an apolitical number cruncher who has spent most of her 28-year career out of the public view, studying the minutiae of mortgage-backed securities (MBS) for big investment banks. She's long been a star among Wall Street insiders, however. She holds the record for the most top rankings for fixed-in-come research from the trade bible Institutional Investor.
16 Jan 2012 07:28 am
European stocks wavered between losses and gains in morning trading Monday, following the Standard & Poor's downgrade of nine eurozone governments.