The Home Front


November 2009


Home Prices: The Next Leg Down

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Although home prices improved again in September, analysts predict property values will resume their decline in the coming months. The S&P/Case-Shiller Home Price report, which was released today, showed that seasonally adjusted home prices increased in September for the fourth month in a row.

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Home Sales Poised to Dip After Tax-Credit Rush

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Although home sales surged last month, many housing experts—and even real estate agents' own trade group—are expecting the market to retrench in the coming months as the jolt from a tax incentive's previously impending deadline subsides. On a seasonal basis, existing home sales jumped 10 percent ...

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Behind the Home Building 'Shocker'

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The fitful nature of the housing sector's healing process was apparent Wednesday when a government report on new-home construction came in much weaker than economists had expected. The Commerce Department reported that October housing starts dropped nearly 11 percent from September and almost 31 ...

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TAGS:
housing market
real estate

Expanded First-Time Home Buyer Tax Credit Becomes Law

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In the hopes of sustaining the real estate market's recent momentum, Uncle Sam has made more than two-thirds of current homeowners and nearly all first-time buyers eligible for thousands of dollars in tax perks when they purchase a house. President Obama signed the Worker, Homeownership, and ...

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Fed Not Raising Rates Anytime Soon: 5 Things to Know

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As the once free-falling economy shows tentative signs of stability, economists and investors are wondering when the Federal Reserve will reverse course and begin raising interest rates. But in a statement Wednesday after its meeting in Washington, the central bank's Federal Open Market Committee ...

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Are Home Sales Headed for a Late Fall Slide?

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A gauge of home-purchasing activity came in stronger than expected in September as buyers moved to take advantage of falling home prices, attractive mortgage rates, and a tax perk from Uncle Sam. The National Association of Realtors said Monday that its pending home sales index for September ...

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TAGS:
housing market

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