More Housing Articles

  • Report: NYC public housing falls short

    The number of reports of multiple deficiencies in New York City's public housing units nearly doubled between 2008 and 2011 from 19 percent to 11 percent.

  • Here's what this week's housing numbers say about the recovery

    Those expecting the housing market to adjust to last year's steep increase in mortgage rates and resume recovering from the mortgage crisis will have to wait longer for clarity.

  • US home sales increase 2.6 percent to 5.04 million, fastest pace in 8 months

    WASHINGTON (AP) — US home sales increase 2.6 percent to 5.04 million, fastest pace in 8 months.

  • Janet Yellen admits she doesn't know why this sector of the economy is doing so poorly

    Federal Reserve Chairwoman Janet Yellen isn't sure what's gone wrong with the U.S. housing comeback. “I have to say that I'm somewhat surprised,” Yellen said of the weakness of the housing market in a hearing in the House last week. “Frankly, it continues to be sluggish. And I can't give...

  • Mark Zandi: The go-to economist when fiscal war breaks out

    By defining the center of economic opinion on a range of topics from mortgages to health care, Mark Zandi has made himself a valuable authority. The leaders of both parties love to cite him -- when his analysis helps their cause.

  • Average US mortgage rates dip slightly

    WASHINGTON (AP) — Average U.S. mortgage rates declined slightly this week with rates remaining near historic lows. Mortgage company Freddie Mac reported Thursday that the nationwide average for a 30-year loan dipped to 4.13 percent, down from 4.15 percent last week. The average for the...

  • US home construction drops 9.3 percent in June

    WASHINGTON (AP) — U.S. home construction fell in June to the slowest pace in nine months, a setback to hopes that housing is regaining momentum and will boost economic growth this year. Construction fell 9.3 percent last month to a seasonally adjusted annual rate of 893,000 homes, the...

  • Study: US millennials buying homes later

    WASHINGTON (AP) — Don't blame the millennial generation for lackluster home sales. They are increasingly ethnically diverse, more educated and less likely to be married — all factors that make them less likely to own a home, said a new report released Wednesday by Trulia, the online real...

  • EXography: Wall Street migrates south to low-cost Southern cities

    When we think about American finance, the default Image is of a pinstriped banker on Wall Street. But increasingly, the financial services sector, which employs eight million people, is shifting away from the traditional bastions of money.

  • HUD program, meant to help, actually hurts, IG reports

    A $353 million effort to help federal officials better manage public housing assistance instead "created further opportunity for fraud, waste, and abuse of taxpayer dollars," according to a government watchdog. Created in 2007, the Department of Housing and Urban Development's Public Housing...

  • Senate OKs San Antonio mayor as housing secretary

    WASHINGTON (AP) — The Senate easily confirmed San Antonio Mayor Julian Castro on Wednesday to head the Department of Housing and Urban Development, boosting the national profile of a Democrat with a compelling biography who's considered a vice presidential contender in 2016. The 71-26 vote...

  • These are the 10 wealthiest ZIP codes in America

    The nation's wealthiest ZIP codes are concentrated mostly on the coasts, with California and New England playing host to some serious cash, according to a new report from the Atlantic's CityLab.

  • Is Julian Castro on the fast track to the Democratic ticket?

    Julian Castro has both a blessing and a curse: He's President Obama's pick to be secretary of Housing and Urban Development, but most people are focused on what job he'll take after HUD.

  • Why Janet Yellen won't raise rates to prevent another financial bubble

    There's no financial bubble right now worrisome enough to justify raising interest rates, Federal Reserve Chairwoman Janet Yellen reasserted Wednesday.

  • Most households still not borrowing

    Six years out from the financial crisis, most Americans are still not borrowing more, despite well-qualified borrowers taking out loans.



From the Weekly Standard