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Housing Bust

Builders Find Way To Make Money In Bad Housing Market

AP | By DEREK KRAVITZ | Posted 11.18.2011 | Business

WASHINGTON -- Builders have found a way to make money in a decrepit home market: Apartments. The number of permits to build apartments jumped to a th...

Home Prices Fall Again In September

Posted 01.07.2012 | Business

U.S. home prices fell in September for a second month in a row, pressured by weak demand and cheap distressed sales, data analysis firm CoreLogic ...

Americans Staying Put More Than At Any Time Since World War II

Posted 12.27.2011 | Business

By HOPE YEN, Associated Press WASHINGTON -- Americans are staying put more than at any time since World War II, as the housing bust and unemployme...

How to Walk Away

Ryan J. Downey | Posted 12.08.2011 | Business
Ryan J. Downey

What happens when you walk away from an underwater mortgage? Are you arrested? Are you shunned? Do your kids decide they hate you?

Denver Home Prices On Track To Hit New Low

AP | By DEREK KRAVITZ | Posted 07.31.2011 | Denver

WASHINGTON -- An index of home prices in big metro areas has reached its lowest level since 2002, driven down by foreclosures, a glut of unsold homes ...

Conviction In Huge Mortgage Fraud Case

AP | By MATTHEW BARAKAT | Posted 06.19.2011 | Business

ALEXANDRIA, Va. -- A jury has convicted the majority owner of what had been one of the nation's largest mortgage companies on all 14 counts in a $3 bi...

From Mortgage Broker To Homeless: One Woman's Housing Bust Saga

Washington Post | Annie Gowen | Posted 05.25.2011 | Business

Before the real estate bust, Rob Paxton and Susan Schneider might have met at a networking event or through their home-buyer clients. Instead, they fi...

Borrowers Aren't Paying Billions In Home Equity Loans

nytimes.com | DAVID STREITFELD | Posted 05.25.2011 | Business

During the great housing boom, homeowners nationwide borrowed a trillion dollars from banks, using the soaring value of their houses as security. Now ...

Greenspan Knew Everything About Bubble But Did Nothing

John F. Wasik | Posted 05.25.2011 | Business
John F. Wasik

When Greenspan fully exits public life, he should be recognized for what he neglected to do and his misdeeds that go far beyond sins of omission. Just ask the millions who are trying to claw back into the middle class.

The Health Care Bubble: The Status Quo Is Unsustainable

Louise Marie Roth | Posted 05.25.2011 | Politics
Louise Marie Roth

Defenders of the status quo seem unable to see the big health insurance bubble for what it is: an unsustainable, out-of-control behemoth headed for a huge collision.

Why The Housing Bust Is Good For The Homeless

Newsweek | Matthew Philips | Posted 05.25.2011 | Business

The real-estate bust is creating an unexpected benefit: housing for the homeless. Even as the foreclosure crisis pushes some low income families into ...

Real Estate Roulette

Gihan Perera | Posted 05.25.2011 | Politics
Gihan Perera

The game is rigged: while Bear Stearns got a $29 billion government bailout, over $60,000 of wealth equity per homeowner was lost in the crash. We must demand the next president to take action

Five Reasons Why I Think the Housing Bust Ends in 2008

Jim Randel | Posted 05.25.2011 | Business
Jim Randel

Consumer confidence, albeit presently at a 16-year low, will rise with a new administration. The fact is that housing prices go up when people think they will go up, and vice versa.