Economy: Page 98
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Former Fed chair can't refinance his rowhouse
Ben Bernanke calls tight credit standards ‘excessive.’
By Sharon O'Malley • Oct. 7, 2014 -
Does the end of foreclosure financing program signal a healthier market?
Fannie Mae’s HomePath made quick loans with low down payments to buyers of REO properties.
By Sharon O'Malley • Oct. 6, 2014 -
4 of 5 most 'overpriced' cities are in California, Trulia says
But Austin, TX, tops the list, with an average home price of $300,000.
By Sharon O'Malley • Oct. 6, 2014 -
Housing demand spells success for manufacturers of household furniture
Wooden bedroom furniture imports have risen consistently for a year.
By Sharon O'Malley • Oct. 6, 2014 -
More homeowners have positive equity than a year ago
44 million households owe less on their mortgages than their homes are worth.
By Sharon O'Malley • Oct. 6, 2014 -
Construction industry adds 16,000 jobs in September
Builders continue to have trouble filling positions due to a lack of qualified applicants.
By Sharon O'Malley • Oct. 6, 2014 -
Mortgage exec says tight credit squeezing millennials out of housing market
A former assistant secretary of housing recommends loosening credit requirements for first-time buyers.
By Sharon O'Malley • Oct. 2, 2014 -
HUD secretary decries overly strict credit requirements
In a speech, Julian Castro promised the administration is ‘determined to change this.’
By Sharon O'Malley • Oct. 2, 2014 -
Deep Dive
To the rescue: Construction workers save the day
Heroic acts by contractors range from saving kittens to foiling burglaries.
By Sharon O'Malley • Oct. 1, 2014 -
Construction spending dips 0.8% in August
Building's weak third-quarter showing could mean slower economic growth for the rest of the year.
By Sharon O'Malley • Oct. 1, 2014 -
Home prices could tick upward, if Realtor predictions pan out
Less optimistic than home builders, NAR members look to 3.5% growth over the next year.
By Sharon O'Malley • Oct. 1, 2014 -
House prices increase at slower-than-expected rate over summer
Analysts predict ‘slow-but-steady’ will become the norm for home appreciation.
By Sharon O'Malley • Sept. 30, 2014 -
Young adults find best housing values in Austin, Grand Rapids, Des Moines
The National Association of Realtors has released a list of the Top 10 markets for millennials.
By Sharon O'Malley • Sept. 30, 2014 -
Housing market good for buyers in some places, for sellers in others
Zillow compiles a Top 10 ‘best markets’ list for each group.
By Sharon O'Malley • Sept. 30, 2014 -
Building factories helps economy grow in 2nd quarter
Growth across different industries spurs construction and renovation of manufacturing plants.
By Sharon O'Malley • Sept. 30, 2014 -
Deep Dive
4 reasons 2015 will be a good year for housing, according to NAHB
Chief economist David Crowe cites a strong labor market and low interest rates as reasons for optimism.
By Sharon O'Malley • Sept. 27, 2014 -
Mortgage payment delinquencies up, foreclosures down in August
It’s not unusual for homeowners to miss house payments at the beginning of fall.
By Sharon O'Malley • Sept. 27, 2014 -
Housing finance experts hope new AG will ease mortgage lending requirements
Analysts doubt Eric Holder’s replacement will stop forced buybacks and government lawsuits against banks.
By Sharon O'Malley • Sept. 27, 2014 -
Demand for manufactured housing surges
High home prices and energy booms have made the units popular in several states.
By Sharon O'Malley • Sept. 27, 2014 -
Fewer Americans forming new households
The downtick could mean trouble for economic recovery and growth.
By Sharon O'Malley • Sept. 25, 2014 -
Deep Dive
Why aren't millennials buying homes?
That decision is slowing down the housing recovery.
By Sharon O'Malley • Sept. 25, 2014 -
Refi mortgage activity down, home loans up in 2013
The number of refinanced mortgages fell 23% last year.
By Sharon O'Malley • Sept. 23, 2014 -
Student loan debt contributes to sluggish housing sales
The 414,000 Americans who are paying off school will forgo home purchases this year.
By Sharon O'Malley • Sept. 23, 2014 -
All-cash home purchases dip in August as investors back away
The market would be softening anyway because of little interest from other buyers.
By Sharon O'Malley • Sept. 23, 2014 -
Family loans for down payments help spur economy
27% of first-time homeowners borrow from Mom and Dad.
By Sharon O'Malley • Sept. 23, 2014