Number of U.S. Homeowners Hits 20-Year Low

Alexander Reed Kelly / Truthdig Jun 25, 2015 In 2014, the rate of Americans who own their homes slid for the 10th consecutive year, to 64.5 percent -- the lowest level in 20 years, according to a report by the Joint Center for Housing Studies at Harvard University. Dig deeper ( 1 Min. Read )

Beware Wall Street’s Rent-to-Own Scam

Peter Z. Scheer / Truthdig Jan 29, 2015 The newest thing in housing looks like a great deal for would-be home buyers, but a closer look reveals a thorny trap. Dig deeper ( 1 Min. Read )

1-in-5 American Homes ‘Deeply Underwater’

Alexander Reed Kelly / Truthdig Jan 9, 2014 RealtyTrac's U.S. Home Equity & Underwater report for 2013 shows 9.3 million homes were worth at least 25 percent less than the combined loans secured by each property. Dig deeper ( 1 Min. Read )

The Empire Strikes Back

Staff / Truthdig Nov 27, 2013 A whole new get-rich-quick scheme is brewing beneath the fanfare of the nation's hyped housing recovery. Dig deeper ( 11 Min. Read )

Nobel Prize-Winning Economist Says Buying a House Is a Bad Idea

Staff / Truthdig Oct 16, 2013 If the housing crisis wasn't enough to turn you off of buying real estate, listen to economist Robert Shiller: Houses are poor investments, and they pretty much always have been. Dig deeper ( 3 Min. Read )

The True State of the Economy

By Mike Whitney, CounterPunch Oct 5, 2013 There is a tradeoff for all the loot Obama’s friends have been pilfering from working people, and that tradeoff is trust. Americans no longer have confidence in the government, the market or the justice system. And while the effects might not appear in the next month or two, there are sectors of the economy that are showing signs of weakness already. Dig deeper ( 8 Min. Read )

Housing Market Heats Up

Peter Z. Scheer / Truthdig Jul 31, 2013 Good news for homeowners: The value of your average castle, according to one index, rose in May by 12.2 percent, the highest jump in seven years. Dig deeper ( 1 Min. Read )

Housing Market Up

John Darkow, Cagle Cartoons, Columbia Daily Tribune, Missouri Jun 2, 2013 Dig deeper

The Housing Market Recovery Is ‘A Complete Hoax’

Alexander Reed Kelly / Truthdig May 3, 2013 Homeownership is at its lowest level in 18 years, but housing prices are rising. Why? Because banks are creating real estate scarcity by buying up homes and selectively stalling foreclosures. Dig deeper ( 2 Min. Read )

Housing Starts Pick Up in September

Alexander Reed Kelly / Truthdig Oct 17, 2012 Just in time for the election, the Commerce Department reported that construction starts on houses and apartments in September increased at the fastest rate since the beginning of the recession. Dig deeper ( 1 Min. Read )

Halfway Through the Lost Decade

Robert Scheer / Truthdig Apr 26, 2012 Does anyone care that the economy is floundering and that we are not getting out of this crisis anytime soon? Dig deeper ( 3 Min. Read )

Deep in the Heart of Texas’ Drug Trade

Staff / Truthdig Jul 24, 2011 Texas Gov. Rick Perry points to his hyper pro-business policies to explain the fact that 37 percent of the nation's new jobs created over the last two years were in his state. New York magazine has another suggestion though: the region's multibillion-dollar drug trade. (more) Dig deeper ( 2 Min. Read )