In the aftermath of a housing crisis built on easy credit, today’s tighter credit standards are widely accepted. But just how fine a comb lenders […]
Author: Patrick Clark
Housing picture bleak in spite of modest gains
Better weather and an improving jobs outlook likely pushed existing home sales upward in March, but foreclosures, tight credit and lingering unemployment continue to dog […]
Washington Fix Unlikely Even As Home Prices Fall
Rep. Dennis Cardoza, a fifth-term Democrat from California’s Central Valley, doesn’t need an economic indicator to describe the state of the housing market. Three cities […]
Declining home prices offset rise in sales
Existing home sales increased last month, but declining prices and a high percentage of distressed sales indicate that the housing market faces a long road […]