Pessimists will have to wait, as housing boom rolls on
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The real estate bubble appears as buoyant as ever, despite the Fed's decision to raise interest rates again.
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Countrywide Financial, the nationâs largest mortgage lender, issued a pessimistic outlook of the housing market, helping to ignite a sell-off in the stock market.
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Growing numbers of people are being squeezed out of the housing market, researchers have concluded.
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Some economists are starting to question the magnitude of housingÂs impact on national habits of spending and thrift.
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New home sales posted an unexpected increase in September. Analysts, however, viewed the small gain as highly questionable given the severe credit crunch that rocked the housing industry this summer. They predicted further sales declines before the worst housing slump in more than two decades comes to an end.
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The Fed can do many things, but it canât control the speculative cycle among home buyers.
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Housing starts nationwide sank to a 14-year low last month as concern grew about the effects the faltering industry could have on the U.S. economy.
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Business & money: Â· US economy cools with housing market problemsÂ· Bank rates expected to go in opposite directions
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Planners have been inundated with a flood of applications for new housing developments.
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With dire pre-releases from two major builders, the future of housing becomes progressively more uncertain.
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The nation&#39;s home builders, real estate salespeople and mortgage bankers stood by their man in the presidential election, and now they hope he stands by his housing agenda during the next four years.
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A real estate group issued a pessimistic outlook and two major builders said their profits will not meet expectations.
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The boss of the US's biggest housebuilder warns that his firm will struggle amid a wider housing market slowdown.
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Home prices have plunged by 10 percent or more in some parts of the United States and interest rates on mortgages are at enticing levels, but many potential buyers are waiting for prices to fall further.
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The torrid pace of home sales across the Bay Area and the state will cool next year, but prices will stay on an upward trajectory, according to a real estate trade group.
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A US construction boom in office towers, retail space, and warehouses contrasts the dormant housing market.
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By now, it's clear where most of the pain is being felt in the US housing market.