The amount of student loan debt and the rate of delinquency have been climbing for years now. If it seems like every new statistic is worse than the last, that’s because it is. Credit bureau TransUnion says more than half of student loan accounts are in deferral status, and FICO Labs found that a rising number of those debtors aren’t …
housing recovery
The Great Housing Rebound of 2012: How the Fed Helped Sellers Beat the Odds
Without a doubt, the U.S. housing market has been the most successful sector of the economy this year, and Wednesday’s Case-Shiller home-price index report — which showed a fifth consecutive month of year-over-year increases in …
More Signs of Strength in Housing: Does Bernanke Get the Credit?
It’s an election season cliché to forewarn an ideological opponent that he is not entitled to his own facts. But when it comes to the economy, it would seem one is entitled to his own facts. Or to be more precise, that there …
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 …
Good News from the Construction Industry — But Will Housing Take Off?
While Ben Bernanke spent the past couple days on Capitol Hill delivering some dour predictions for U.S. economy, the one sector in America actually pulling its weight these days — housing — had a pretty good week.
Should Eminent Domain Be Used to Save Underwater Homes?
The one glimmer of hope in a otherwise disappointing recovery is the recent bottoming out of the housing market. While no one expects home prices to start skyrocketing again anytime soon, it appears that the steady descent they …
Housing: Even the Eeyore Index Shows Price Gains
Freshly released numbers from a housing index shows rising home prices in America’s biggest cities. That’s a good sign for all of America.
The American Dream Gets Another Facelift
The American Dream of home ownership has taken some hits in the recession. But it remains alive and well, though with some twists that will help shape the nature of the budding housing recovery.