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.
The newest thing in housing looks like a great deal for would-be home buyers, but a closer look reveals a thorny trap.
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.
A whole new get-rich-quick scheme is brewing beneath the fanfare of the nation's hyped housing recovery.
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.
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.
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.
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.
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.