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Housing Sector

Job Market's 'Encouraging News'

AP | CHRISTOPHER S. RUGABER | Posted 03.26.2013 | Business

WASHINGTON -- The number of Americans seeking unemployment aid fell last week to the lowest level in five years, evidence that employers are cutting f...

Warren Buffett Just Bet Almost $4 Billion That The Housing Market Will Recover

The Huffington Post | Alexander Eichler | Posted 06.18.2012 | Business

Warren Buffett seems pretty confident the housing market is making a comeback. How confident? Well, he just ponied up $3.85 billion for a mortgage...

Foreclosures Taking Nearly Three Times As Long To Process As In 2007

The Huffington Post | Alexander Eichler | Posted 12.28.2011 | Business

If the American housing market is ever to recover -- and provide some momentum to a broader economic turnaround -- it needs to work its way through th...

Speculative Investors Played Larger Role Than Thought In Driving House Bubble

AP | By CRISTINA SILVA | Posted 12.12.2011 | Business

LAS VEGAS -- A new federal report shows that speculative real estate investors played a larger role than originally thought in driving the housing bub...

With Latest Plan, Obama Again Tries To Rehabilitate Housing Market [UPDATE]

The Huffington Post | Alexander Eichler | Posted 12.24.2011 | Business

President Obama and White House officials announced a major change to a national home-refinancing plan Monday, in an effort to stimulate the economy a...

American Dream Still Includes Home Ownership, But Not McMansions

The Huffington Post | Alexander Eichler | Posted 11.21.2011 | Business

Americans have been skittish about buying new houses since the collapse of the real estate bubble. But they remain committed to the idea of home owner...

Foreclosures Notices Surge In August, Signaling Pain For Housing Market

The Huffington Post | Alexander Eichler | Posted 11.15.2011 | Business

Home foreclosures, after slowing to a crawl over the past year, seem to be gaining momentum again, a sign that heralds both pain and perhaps eventual ...

Alexander Eichler

Obama's Plan To Target Foreclosed Properties Depends On A Broader Recovery

HuffingtonPost.com | Alexander Eichler | Posted 11.10.2011 | Business

President Obama's plan to reduce the number of foreclosed properties weighing down the housing market may only prove effective insofar as the greater ...

Homeowner Associations Take A More Proactive Role In The Foreclosure Crisis

The Huffington Post | Alexander Eichler | Posted 10.24.2011 | Business

In a further indication of how far-reaching and deleterious the foreclosure crisis has become, homeowner groups have taken to suing banks in order to ...

Low Home Prices Mean It's Cheaper To Buy Than To Rent In Many Cities

The Huffington Post | Alexander Eichler | Posted 10.16.2011 | Business

As the national real estate slump deepens, home prices in many cities have crossed a worrisome milestone. It's cheaper to buy a home than to rent o...

GE CFO: 'Best Earnings Outlook In The Last 10 Years'

Posted 06.27.2011 | Business

SALT LAKE CITY (Scott Malone) - General Electric Co sees its best earnings growth prospects in a decade as the global economic recovery drives dem...

Moodys': Housing Prices To Drop 30 Percent Before Slump Ends

Reuters | Posted 05.25.2011 | Business

Housing markets from Punta Gorda, Florida, to Stockton, California, will crash and suffer price drops of more than 30 percent before the housing crisi...