Housing

Colorado Sees 41 Percent Drop In Foreclosure Filings

Emily Boyer — Thu, 16 May 2013 16:50:00 +0000

There were 4,571 foreclosure filings during the first quarter of this year compared to 7,785 during the first quarter of 2012. That’s a 41 percent drop.

Housing Recovery Lifts Other Sectors, Too

John Ydstie — Thu, 02 May 2013 21:27:00 +0000

The government's employment report for April comes out Friday. It's an important measure of the economy's health and the advance signals have been mixed. One report this week showed layoffs falling to a five-year low, but another suggests disappointing jobs creation.

At least one sector is providing some positive news for the job market: housing.

It was only a year or so ago that housing was a big drag on the economy, and the main reason for the disappointing recovery. But that's changed. Jim O'Sullivan, chief U.S.

NYT Excerpt: Larry Summers, Glenn Hubbard And The Future Of The U.S. Economy

Thu, 02 May 2013 12:06:00 +0000

In this week's New York Times Magazine, Adam Davidson writes a dual profile of Larry Summers and Glenn Hubbard, two of the most influential economists in American Politics today. Summers is a Democrat; Hubbard is a Republican. The question that animates the piece: "How did two men, whose work is widely respected, reach such different conclusions from data about the same economy?" Here's an excerpt.

Sequester Puts Some Needing Housing Aid 'Back To Square One'

Pam Fessler — Tue, 30 Apr 2013 19:56:00 +0000
Congress decided last week to ease the effects of the across-the-board federal spending cuts on travelers upset over airport delays. But low-income Americans who rely on government housing aid are still feeling the pain.
Housing authorities across the country have all but stopped issuing rent vouchers as they try to deal with the cuts known as sequestration.

Home Prices Continue To Rise Across The Nation

Mark Memmott — Tue, 30 Apr 2013 13:41:00 +0000
There were solid increases in home prices during the month of February across all 20 major cities where that data is tracked, according to the latest S&P/Case-Shiller Home Price Indices report.