house sales

Fewer people bought new homes in December, making 2011 the worst sales year on record. The Commerce Department said Thursday new-home sales fell last month to a seasonally adjusted annual pace of 307,000. The pace is less than half the 700,000 that economists say must be sold in a healthy economy.

Once was, you could buy a home without much worry about how long it would take to recoup your upfront investment in the down payment and closing costs. Today, home prices have actually rolled backward to 2004 levels sinse their 2006 peak, according to Standard & Poor's Case-Shiller Home Price...

For women, it's about emotion. Men? Size, of course. No, we're not talking about that. We're talking about home buying. And the male-female approach to that activity is about as similar as football and crocheting. To be fair to the less-fair sex, size isn't the whole picture, although men do...

Economists and financial analysts watch the housing market carefully for clues about how the American economy as a whole is faring. The latest headlines are about falling home prices, and the hysteria is building. Yes, it's the 23rd month in a row that home prices either fell or didn't increase...