Home foreclosures jumped 8 percent in January over December, a sign that America's housing market does not yet have a clean bill of health. But neither do they point to some big new danger. Here's what's going on.
Home prices in July rose 12.4 percent from July 2012 - the biggest increase in 7-1/2 years. And the sales at high end of the market – homes priced at $1 million or more – are selling at nearly triple the pace of everything else.
As housing prices rise, 'flippers' who buy homes below market value, fix them up and sell them at a profit are returning to the real estate scene. Flippers could play a key role in the housing recovery.
Investors have an unprecedented array of inflation-protection tools to safeguard their portfolios: from gold and inflation-protected bonds to commodity mutual funds. Choosing how to hedge against inflation depends on your situation and outlook.
Zombie foreclosure: (noun) A home whose owner has abandoned the property but which the bank never finished foreclosing upon, leaving the owner legally and financially responsible for the decaying building.