Signs are emerging that the U.S. housing market's long slump is likely to fester through the summer, and the real estate market may not recover for at least another year.
The stock market has plummeted this year on high oil prices, a credit crunch, a weak housing market and rising unemployment. How did we get here? What can we expect? What has to happen to turn things around? Paul Larson, editor of the Morningstar Stock Investor newsletter, spoke Monday with Newsday staff writer James Bernstein.
Bank of America on Tuesday completed a $2.5 billion acquisition of Countrywide Financial Corp., a day after the state of Florida sued the nation's largest mortgage lender for allegedly making loans to consumers......
S. Florida, Vegas absorb 27 percent drop over 2007
Home prices in 20 U.S. metropolitan areas fell in April by the most on record, signaling the housing recession is far from over, a private survey showed Tuesday.
Sales of new homes tumbled for the sixth time in seven months in May while median prices kept plunging, underscoring the depth of the nation's housing woes.
More than 400 real estate industry players have been indicted since March -- including dozens over the last two days -- in a Justice Department crackdown on incidents of mortgage fraud nationwide that have contributed to the country's housing crisis.
It's a nice-sized house in a country club neighborhood in Delray Beach — three bedrooms, with golf course and lake views, although it's crying out for new carpet and kitchen cabinets.
Florida is a popular destination for those who wish to buy an investment property or second home in the sun. Each year more than 10,000 Brits make a move into the Florida property market. They are joined by thousands more from across North America, and indeed from many other countries right around the world. Demand is high, so high in fact that pro......
Orlando in Florida is one of the hottest property investment locations on the planet right now. Purchase prices are low, increases in capital value are simply immense (in 2005 parts of Orlando saw home values rise in excess of 40%), and rental demand remains strong no matter what the time of year. Naturally, with so much going for the area, it is e......
Florida battled several hurricanes last year. The local residents worry on how the hurricanes affect the real estate market, while investors look to cash in. Surprisingly, the home values gain twenty five up to thirty seven percent......
Overseas property investors see Disney as a key element when making the the decision to buy property in Florida. The relationship between Disney and the overseas poroperty investor cannot be underestimated. Overseas buyers see Florida as a popular place to visit and therefore a good place to invest. So when Disney announces further investment overs......
The real estate market in Florida is very fast paced and property is highly sought after there. There are many reasons for this and they date back from the 1920s when Americans started to gain material possessions through the advent of well paid jobs requiring skilled individuals. Additional benefits to these jobs included things like pensions, car......
Whether there is a real estate bubble and, if so, will it pop is a popular topic across the country. The real estate marketing in Jacksonville, Florida, however, is a major exception......
Some areas of Southwest Florida have seen steady price decreases over the first two months of 2006. This was after a real estate price run up that lasted more than two years......
Throughout 2005, commercial developers and real estate investors in the Orlando area have seen the same kind of impressive price increases as home owners across Florida. One of the hottest segments of the market is the sale of apartments. Two of the Orlando area's largest apartment brokerages have done more than $2 billion in sales this year......
