US home prices rose in March, but house prices are losing momentum, according to a report released Tuesday. When will the US housing market return to normal?
A small group of debt collectors are robo-suing people who default on their credit cards. Now, state and federal authorities are cracking down.
Home prices increased by 9.3 percent, their largest annual margin in nearly seven years. But experts warn that a backlog in some markets could keep home prices low for the foreseeable future.
The risk of mortgage default is one-third lower for people with energy efficient homes, according to a recent study. Energy efficient homes can save up to $250 per month, Alic writes, an amount that for many households could be the difference between foreclosure and mortgage repayment.
New home sales improved again in March. Despite a minor slowdown in existing home sales, analysts are optimistic that the US housing recovery is continuing and that home prices will rise.