residential real estate

The residential real estate market is drowning in foreclosures, and the problem is broadening and worsening. Similar bad loans have been made in commercial real estate, so why isn't there a comparable flood of commercial foreclosures? Here's why.

The U.S. construction industry went from bad to worse in July, and then retroactively worse still. The Commerce Department announced Wednesday that spending in the sector fell a worse-than-expected 1% in July, and revised June's estimate downward from a 0.1% increase to an 0.8% decline.

If you're looking for a housing bargain, Durham, N.C., and Huntsville, Ala., are good bets. That's according to a new report ranking the best and worst markets for conservative residential real estate investors.

July housing starts inched up to 546,000, a lower-than-expected rate that's a gain on June only because the previous month's total was revised downwards. Housing starts are now 7% lower in the past year, despite the home buyer tax-credit program.

Pinnacle Security Group, which was accused of using deceptive door-to-door tactics to convince consumers to sign up for its products even though they had existing contracts with other companies, has agreed to change its practices and pay restitution to its New York clients along with a $150,000...

Negative equity is linked to higher foreclosures. About a quarter of households with mortgages already owe more than their homes are worth. If prices slip further, up to half of all homeowners may end up underwater -- a scary prospect for Americans' financial health.

News that business inventories and industrial production are rising suggests the U.S. economic recovery is on track. But unlike previous recessions, there are five potential "potholes" in the road ahead. Declining employment and increasing commercial real estate foreclosures are two possible biggies.

Just as "cash for clunkers" boosted auto sales, another federal program introduced this year aimed at first-time home buyers is driving home sales and helping to salvage the nation's beleaguered residential real-estate market. And if you want to get in on the action -- up to $8,000 worth -- you'd...

The U.S. economy got another vote of confidence of sorts Wednesday after Warren Buffett, among the nation's most admired investors, told CNBC that while the economy hasn't improved much, it also "hasn't gotten any worse." Further, he told the cable news network he doesn't expect a double-dip...