Home prices as measured by the S&P/Case-Shiller Home Price Index jumped 6.8% year-over-year last December, closing out 2012 with a strong showing, as they’d risen 5.5% on the same basis the month before.
Real Estate & Homes
Millennials Are Paying Off Debt — but That’s Not Necessarily Good News
A new study suggests that millennials are getting serious about paring down their debt. But a closer look at the numbers shows some troubling signs
Is the World on the Brink of a Currency War?
Economic policies that look like the start of a trade war are really aimed at addressing domestic economic problems.
Why Can’t This Economy Really Get Going?
A host of factors outside of the government’s control will likely hold back the economy for at least another year.
Florida Is Swamped with Foreclosures – And Deals on Distressed Homes
Ah, Florida. It’s celebrated as the land of sunshine, snow birds, theme parks, and beaches. This year, it’s also considered the hottest state for snatching up foreclosed homes on the cheap.
Lessons in Socialism: How Cuba Can Become Relevant Again
An entrepreneurial wave is emerging in Havana that, along with immigration reform in the U.S., is giving Cuba renewed relevance while giving Americans a close look at the dangers of extreme wealth redistribution.
Has the Banking Industry Really Been Fixed?
The banking sector still faces big challenges, but greater transparency will boost investor confidence and also encourage banks to manage risk better internally.
Home Prices Jump 5.5% as Spring Season Nears
A spike in home prices shows that the housing market is continuing its slow path to recovery
6 Reasons the Stock Market Could Do Surprisingly Well in 2013
A slow-growing economy with little inflation can actually be the best environment for blue-chip stocks.
What the Current Economic Outlook Means for American Families
The economy is likely to keep improving, but slow growth could develop into chronic stagnation.
New Mortgage Rules: Protection From Banks, or Ourselves?
The government is set to unveil new rules pushing mortgages down a more conservative path. Is it the banks we’re worried about? Or our own behavior?
Do We Have Another Financial Bubble On Our Hands? Or Three?
Multiple debt markets are facing big trouble because of excessive borrowing and the Fed’s easy-money policies.