Let's take a closer look at California versus Texas. What does Texas have that Californians want? Cheaper housing, more jobs, and lower taxes.
Now that the housing market is starting to come back to life -- that's "starting," as in it's got a long way back to healthy conditions -- the Federal Housing Administration is doing exactly what it should be doing: getting back to pre-crisis levels of lending standards and market share.
Although most of the housing markets with big price gains exhibit unhealthy fundamentals, some markets with rising prices are healthy. Markets with flat or falling prices include both healthy and unhealthy markets.
There are immediate, concrete steps the president can announce in tonight's speech which will help struggling homeowners while at the same time stimulating the economy and promoting job creation.
I remain troubled by the fact that fundamental economic issues seem to be the last thing on anybody's minds in D.C. And looming over these economic problems is the elephant in the room: these Too Big To Fail, and apparently Too Big To Jail, Wall Street financial conglomerates.
Our nation must tackle the social inequities that persist in our culture if we are to truly realize a vision of an AIDs-free generation. Tackling the epidemics of homelessness and incarceration must be at the forefront of that effort.
Only then, once it has made sincere amends to the country for its deplorable actions, can it lift itself up from the muck it sank into, and regain its honor.
Why would so many people opt for an adjustable rate mortgage when it's so dangerous? Most likely, they just don't understand the risks.
So here we are, just a few short years past one economic Doomsday, and we're back to encouraging youth to make a career buying and flipping homes for profit. Not just any homes, but the still smoldering wreckage of the housing bubble.
In Georgia, home prices are up 5 percent over last year, a year in which we also had one of the highest foreclosure rates in the country. Seems a little odd, doesn't it? That's because the "recovery" is fueled almost entirely by Wall Street private equity, hedge funds, and the Fed's unwavering support.
Whether you're looking to buy or sell, get in sync with the rhythms of your local housing market. Home sellers looking for the most buyers should list when search traffic peaks. Home buyers, however, should think about searching off-season -- they might find less competition.
Each month, Trulia's Housing Barometer charts how quickly the housing market is moving back to "normal." "Conventional" home sales were up 26% year-over-year in December.
Although Miami has many positives, a slow judicial foreclosure process and shortage of developable land may hamper a strong recovery. Here are some factors that may impact your decisions on where you live and whether it is best for you to rent or own.
It's just like Where's Waldo.
Banks today have become self-serving profit machines whose primary goals are misaligned with our nation's larger interests, and are a far cry from the friendly neighborhood institutions that once made the American dream possible.
From climate change to human rights, President Obama sketched out a progressive agenda, but he neglected a crucially important element: finally ending the foreclosure crisis which continues to uproot families and blight communities.