Save Detroit by Knocking Half of It Down: Crazy or Clever?
Bill Pulte, whose family built PulteGroup into the top U.S. homebuilder, says the way to revive Detroit is to raze half of it and consolidate.
Bill Pulte, whose family built PulteGroup into the top U.S. homebuilder, says the way to revive Detroit is to raze half of it and consolidate.
A reader named Sally bought a property that has since fallen in value. If she sells it for less than she paid, what effect will it have on her taxes? DailyFinance's Laura Rowley has the answer.
Sales of previously owned homes hit a six-month low in May, and overpriced inventory is a key factor. Though we all watched the real estate market crater, most sellers are still overpricing their homes, and the worst price optimists are the ones who bought after the housing bubble burst.
The housing market crash has made millions of people reassess their choice of whether to rent or own their home. If you're trying to decide which course is right for you, DailyFinance breaks down the major factors you should consider in our new series, Is It Worth It?
It's a summer for the record books in the U.S. housing sector -- and not in a good way. New-home sales unexpectedly plunged 12.4% in July to the lowest level since the Commerce Department began keeping records for the statistic in 1963.





