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Economic News

Federal funding to spur Illinois housing, jobs market

While it's a matter of debate how much government spending is being put to waste nationwide, in Illinois, state officials appear to be finding beneficial ways to spend federal money.

Commerce Department reports GDP increased in fourth quarter

As families determine their moving plans based on what economic indicators forecast, the gross domestic product serves as another sign the economy's on a mending trend.

Survey: Fewer baby boomers postponing retirement

With employers slashing payrolls and Social Security edging toward insolvency, much of the baby boomer generation have put their plans on moving to their retirement homes on hold.

Most affordable homes located in U.S. and Canada, according to worldwide housing survey

Movers that continue to be skeptical of the U.S. housing market's affordability may finally be convinced after the latest worldwide survey.

Survey: One in four Nevadans walked away from mortgage

Even though walking away from a home mortgage can put a person's credit into serious financial jeopardy, some people view it as the best option. And in Nevada, approximately one in four people that lost their homes to foreclosure did just that.

Median home sales prices in Maine rise in December

Prospective movers considering Vacationland - Maine - as a potential place to call home will be heartened by a report from the Maine Real Estate Information System.

Gallup: 67 percent say it's a good time to buy a home

Consumers and house hunters that factor consumer confidence into their decision for when to buy a home will want to pay attention to a recent poll.

Fannie Mae predicts a 3.6 percent bump to nation's economy

People planning on moving this year will likely take heart in Fannie Mae's economic project

National Association of Home Builders expect big recovery in 2011

The calendar may still read "January 2011" but economists predict the upcoming year will be a banner one for the moving and building business.

Study: Wisconsin housing market better than most states

Families looking to move to a region of the country that wasn't hit too hard by the housing meltdown may find Wisconsin to be worthy of consideration, according to a study published in Wisconsin Real Estate Magazine.