Topic: Jack McCabe
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Home construction down; potential new foreclosures could hurt housing industry further
Home construction in June reached its lowest level since October, 2009. That, plus potential new foreclosures, could negatively impact the housing industry across the US.
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What the housing turnaround will look like
Cape Coral, Fla., not long ago one of the foreclosure capitals of America, is now seeing a rebound as home prices hit once-in-a-generation lows.
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Home sales up. Has the market bottomed out?
Sliding prices helped push sales up for the third straight month in June. But foreclosures are expected to rise again.
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New round of foreclosures delivers blow to recovery
Foreclosures hit new highs in April and more are expected in months ahead.
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Obama mortgage aid targets distressed homeowners
The White House will use $75 billion to subsidize the loan payments of distressed mortgage-holders.
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Uncertain impact of US push to cut mortgage rates
While Treasury mulls help to the best borrowers, Bernanke urges aid to those facing foreclosure.
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Housing woes lure back bold buyers
From California to Florida, investors snap up distressed properties, hoping to profit.
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