The housing market, a reliable bellwether of the economy, seems to be bouncing back.
Many of the nation’s largest home …
housing market
Real Estate Financial Fitness Q&A
Wondering what’s the latest in real estate? Every year, the Financial Planning Association of New York sponsors a “Financial Fitness Day” at New York University, co-sponsored by Moneyland. This year’s real estate discussion …
Home Prices Rise Across the Board
The real estate report is happy — housing prices are up across the country. The S&P/Case-Shiller 20-city index, a volatile but closely watched index of house prices, was up 0.9% from the month before. That jump follows a …
Oregon Senator Jeff Merkley’s Plan to Get Homeowners Treading Water
There have been some positive signs for the housing market lately, with many saying that real estate has finally hit bottom. The end of relentlessly falling real estate prices will have a positive effect on the economy by …
The Return of the McMansion?
When the real estate market imploded and ushered in the Great Recession, one of the biggest casualties was the size of our homes. For years, we’d been building increasingly large homes because, well, we could — and because we …
Our Net Worth Is Down 39%. How Worried Should We Be?
It’s unlikely that most families will be able to make up for lost time after a 21-year period in which growth in their net worth has averaged out to less than nothing. However, some analysts are clinging to misconceptions that …
The New Normal: From Families to Nobel Winners, It’s All About Less
The wealth of American families has fallen to levels last seen in the early 1990s. Yet a shrinking payout for Nobel Prize winners suggests that even our brightest minds must adjust to the new normal.
Foreclosures Are at a 4-Year Low, But That’s Not Necessarily Good News
Foreclosure filings fell in March to their lowest level in four years, according to real estate data provider Realty Trac. For the first time since July 2007, the nationwide number of filings fell under 200,000 — a 4% drop from …
Housing Prices Fall to 2003 Levels, But Demand May Be Building
It’s now officially a lost decade for home prices. With the release of the January data for the Standard & Poor’s/Case-Shiller Home Price Indexes, prices in a national composite dropped 3.8% from a year before, rolling back to …
An Early Spring for Housing, Too?
Housing Prices Dip for the Fourth Time in Three Years
After the Great Recession, there were some pundits who theorized that real estate would make a W-shaped recovery. With the S&P/Case-Shiller housing prices out this morning, it’s now clear that there are not one but two W’s in the chart — and that’s not a good thing. Index prices fell 1.1% from November to December. In other words, …
Housing Recovery at Last? Evidence Mounts
While experts continue to warn that housing has not yet hit bottom, a slew of indicators suggest otherwise. The latest is a stellar quarterly earnings report from Home Depot, which is benefitting from hopeful owners sprucing up …
