Survey: Homeowner Confidence Weakened in Second Quarter

A survey by real estate website Zillow.com showed homeowner confidence fell in the second quarter, with one-third saying that home prices had not yet touched bottom. Pessimism about home values in the near-term was worse than in the previous three quarters, Reuters reported. Thirty-three percent thought home values in their area would fall further, while 38% believed prices had already touched bottom.

Banks Face Stiff Headwinds, Time to Take Some Profits

Bank stock have been on a tremendous run over the last few months. But changes in the banking world, from souring commercial real estate loans to higher interest rates, suggest that the sector could come under pressure in the second half of the year.

Zillow.com launches Android app

In the hopeful-timing department -- the real estate market traditionally busts open in the spring -- Zillow.com has launched the Zillow Android App,...

Double Dip in Home Prices Likely in 2010

Overall U.S. home values declined again in the fourth quarter of 2009. And while prices in some markets appear to have hit bottom, values are slipping again in many parts of the country, even in some areas that had seen several months of gains.