Housing is the strongest its been since the beginning of the Great Recession and prospective homebuyers in Chicago are taking notice.Read more
The Federal Reserve’s decision to keep interest rates at their super-low levels reflects its concern about the state of the economic recovery in general, especially the connected future of the housing and job markets.Read more
Some say the economy is picking up momentum, but it’s hard to see evidence of that in the housing market.
Existing-home sales were down 0.8 percent to a seasonally adjusted annual rate of 5.05 million in April from a downwardly revised 5.09 million in March, according to the National Association of Realtors.
It may not feel like spring quite yet in northern climes like Chicago, but that isn’t stopping home improvement retailer Home Depot from gearing up for the crucial spring selling season. Investors may want to do the same.Read more
More Americans signed contracts to buy houses in March, according to the National Association of Realtors. Definitely a good sign for the housing market, but is it good enough?Read more
BY MARJORIE KORN, MEDILL NEWS SERVICE Home Depot Inc. [[HD]] saw its net earnings tumble 24 percent for the secondRead more
BY HOLLY FOX, MEDILL NEWS SERVICE It’s not looking good. The Producer Price Index for Finished Goods, which measures inflationRead more
BY MARJORIE KORN, MEDILL NEWS SERVICE One of Fannie Mae‘s [[FNM]] biggest challenges as it enters the second half ofRead more