First-timeHomebuyers

With college costs high and rising, more students are putting themselves deeper into debt than ever. But those huge debt loads don't just pressure graduates to find high-paying jobs: They're also making it nearly impossible for many of them to get mortgages.

Everyone heaved a sigh of relief as the latest S&P/Case Shiller U.S. National Home Price survey showed a price increase for the fifth straight month. Home prices may finally have hit bottom, but Dean Baker of the Center for Economic Policy is not so sure. In his weekly Housing Market Monitor,...

The nearly year-long positive trend in the U.S. housing sector is continuing. Existing home sales surged 10.1% in October to a seasonally adjusted annual rate of 6.1 million units, the National Association of Realtors announced Monday. That's the highest level for existing home sales in more than...

The housing market dropped off a cliff in October, as the original Nov. 30th expiration date for the first-time home buyers tax credit approached, according to the Housing Market Monitor of the Center for Economic and Policy Research. Add to that the 6.25% 60-day delinquency rate in the third...

Homebuyers did not have to truly be first-timers in order to qualify for the "first time homebuyer" tax credit, expiring Nov. 30; they only had to meet the limitation of not having owned a primary residence for the past three years, with income limits of $75,000 for individuals and $150,000 for...

According to our friends at the National Association of Realtors, the number of pending home sales jumped up 6.7% in April, the largest monthly gain since 2001. That puts the index 3.2% above its year-ago level, in the latest sign the battered U.S. housing sector is stabilizing. This was also the...

33-year old renter Victor De Rossi tells The Associated Press that while he's looking for a home, there's no real sense of urgency: "We're just driving around, just starting the process. If I don't find the right house, we'll just rent another year." He adds that the new $8,000 tax credit for...