Home sales tumbled this summer, and foreclosed properties bore the brunt of the pain. Sales of foreclosed homes plunged 31% from the year-ago period -- and 25% from the previous quarter. Prices for these properties also fell more than other homes.
Some of the best reads for investors from around the Web, including posts about the value of the Titanic ruins, a book review of Michael Lewis's "The Big Short" and the good news about housing.
Among today's top online stories for investors are the best dividend stocks for a tough environment, a deep value analysis of Dr Pepper, China's one-child policy, and a somewhat bullish take on yesterday's dismal housing news.
With mortgage rates at all time lows, the housing market should be booming. But not in this economy. Instead, it is fragile and showing new strains. In a video interview, DailyFinance reviews the outlook for housing with Michael Feder of Radar Logic.






