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Mortgage finance company Freddie Mac said it will allow some borrowers to rent their homes after losing them to foreclosure. ...more
January 31, 2009
The recession is killing jobs at an alarming pace, with tens of thousands of new layoffs announced Monday by some of the biggest names in American business - Pfizer, Caterpillar and Home Depot. ...more
January 27, 2009
Funeral For a Friend bassist Gavin Burrough doesn't much care what you call his band's music – metal, emo, screamo, whatever. ...more
January 12, 2009
Pending U.S. home sales fell to the lowest level on record in November, the National Association of Realtors said Tuesday. The index tracks signed contracts to purchase existing homes. Typically, there is a one- to two-month lag between a contract and a done deal. So November's decline foreshadows bleak results for December's existing-home sales numbers, set to be released Jan. 26. ...more
January 7, 2009
Pending U.S. home sales fell slightly in October, despite a spate of bad economic news and turmoil in the stock markets, the National Association of Realtors reported Tuesday. ...more
December 10, 2008
The federal government's $700 billion bailout of the financial industry could help homebuilders and mortgage lenders, but is unlikely to bring fast relief to anybody trying to buy or sell a house anytime soon. ...more
October 4, 2008
Dishing out advice on financial staples in times of crisis used to involve three servings: precious metals, U.S. Treasury bills and real estate. ...more
September 30, 2008
Pending U.S. home sales fell more than expected in July as the housing market's struggles continued, an industry group said Tuesday. ...more
September 10, 2008
Home prices are in free fall. Unemployment is rising. Consumer confidence is plumbing depths not seen since 1980. When will it all end? ...more
July 22, 2008
AT&T Inc., Verizon Communications Inc. and Qwest Communications International Inc., the three biggest U.S. home-phone companies, are working together for the first time to keep customers away from cable providers. ...more
July 10, 2008
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