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HOUSING MARKET NEWS
Signs are emerging that the U.S. housing market's long slump is likely to continue through the summer, and may not recover for at least another year. (full story)
07/08/2008
The National Association of Realtors says pending U.S. home sales dipped in May as the housing market continues to struggle. (full story)
07/08/2008
Faced with record-high foreclosures, the Bush administration has been scrambling to help some distressed homeowners stay in their homes but many others can't be saved, Treasury Secretary Henry Paulson said Tuesday. (full story)
LOCATION AND WHAT ELSE
The plunging stock prices of mortgage finance giants Fannie Mae and Freddie Mac could make the recovery for the housing market and the overall economy much more difficult, analysts say. (full story)
07/08/2008
As the market debates the underlying health of Freddie Mac and Fannie Mae, another important corner of the housing market is getting squeezed. (full story)
07/08/2008
The number of homes under sales contracts fell more than expected in May after a surprising spike the month before, a real estate trade group said Tuesday. (full story)
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