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Economic News

Fannie Mae report says circumstances have affected economy's bounce back

Just when the economy looked as though it might be moving in the right direction, a new report indicates wide scale recovery is not yet within reach.

Home builder confidence still lacking

While some indicators show that more people are moving thanks to the improved state of the economy, builders are still somewhat skeptical.

A promising homebuying market on the horizon?

A positive jobs report, high home affordability and low mortgage rates appear to be the primary factors that may have more people moving this spring.

Survey: Eight in 10 adults say homeownership is the best long-term investment

While the housing crisis may have disillusioned some people from wanting to buy a house, an overwhelming majority of Americans still see themselves moving into a home they can call their own.

Sellers still reducing their asking price for homes

With the homebuying market still struggling, real estate agencies are trying to lure potential homeowners into moving to their area by slashing home prices.

New Jersey property taxes the country's most expensive

A new real estate survey is revealing what people have been paying in property taxes after moving in.

Homeowners often save money at tax time

With the 2011 deadline for filing taxes less than a week away, the National Association of Realtors is reminding longtime property owners - as well as those will soon be moving into a new home - that th

Clear Capital findings prompt fears of double-dip recession

Ever since the economy started showing signs of recovery, financial experts have feared a double-dip recession. A new report likely won't allay economists' worries.

Home prices dip for seventh straight month

Despite a jobs report last week that found the unemployment rate dipped 8.8 percent in February thanks to over 200,000 jobs being added, a new

Loans hard to come by for homebuyers

With home prices low and mortgage rates even lower, there's never been a better time to make arrangements for moving. But those facts don't do much good if people can't land a loan. And by the looks of it, few can.