Common sense seems to dictate that rising mortgage rates will hurt the housing market by depressing the demand for purchase-money mortgages.
Dennis Smith, president of Las Vegas-based Home Builders Research, said in his Las Vegas Housing Market Letter that the median price of April new home closings climbed 19.2% to $238,820. Home sales totaled 2,279 during the first four months of the ye
After months of hard work by the entire staff at Galt's Gulch Chile I am extremely pleased to announce to the world that Ayn Rand's vision in her iconic book, Atlas Shrugged, has become a reality.
Did you actually think that mortgage rates were going to stay at all-time lows forever?
URGENT PRESS RELEASE FOR JAILED HOMEOWNER BARBARA BRATTON. EGREGIOUS ABUSE OF POWER. TYRANNY OUT OF CONTROL. THIS IS WAR. WILL YOU DO YOUR PART?
Sgt Hurst should immediately be put on administrative leave, until he can be tried for his failure act appropriately on Barbara Bratton's behalf. How many others have been hurt by his failure to do his job? Christine, you better believe I will callRead Letter
In 1985, architect Paul Pholeros was challenged by the director of an Aboriginal-controlled health service to "stop people getting sick" in a small indigenous community in south Australia. The key insights: think beyond medicine and fix the local env
The propaganda from the banks has been far-reaching. Even if they devised a scheme to fraudulently throw away a homeowner’s hope at a modification, they are still pursuing the “deadbeat” homeowner argument. The essence is that the homeowner was no
Bank of America’s mortgage servicing unit systematically lied to homeowners, fraudulently denied loan modifications, and paid their staff bonuses for deliberately pushing people into foreclosure: Yes, these allegations were suspected by any homeowner
If there’s one thing that I’ve learned from covering the tiny house movement, it is this: From pre-teens to Etsy artisans to Rage Against the Machine tribute band drummers, micro-dwelling enthusiasts are a truly motley bunch.
Lenders are filing new motions in old foreclosure lawsuits and hiring debt collectors to pursue LEFTOVER debt, plus court fees, attorneys’ fees and tens of thousands in interest that had been accruing for years.
The airwaves are full of stories of economic recovery. One trumpeted recently has been the rapid recovery in housing, at least as measured in prices.
Here is a simple way to test if the last year of housing market gains have been due to a real, fundamental, consumer-led recovery, or nothing but the latest iteration of the Fed's money bubble machine manifesting itself in the place of least du jour
Those who recall about the implicit housing subsidy we discussed when we coined the term "foreclosure stuffing" which is merely the well-planned systemic bottleneck to clearing foreclosed properties already in the system,
Out in one of the most isolated areas of the U.S. there is a surprising oasis flourishing with vegetables and fish.
Watch us build an Earthbag House in Fairbanks, AK!
Concrete Canvas Shelters are rapidly deployable hardened shelters that require only water and air for construction.
Fifty million Americans live in multi-generational homes, and many want houses that fit their expanded families. Now, builders are trying to provide them. Anna Werner reports.
Architect Alastair Parvin presents a simple but provocative idea: what if, instead of architects creating buildings for those who can afford to commission them, regular citizens could design and build their own houses?
Has anyone tried the new line of Soleta zeroEnergy range of sustainable off-grid homes?
Anna Marie Kingsley and Malcolm Batchelor knew nothing about design or power generation when they embarked on building their virtually self-sufficient family home in the Wairarapa valley.
New York Attorney General Eric Schneiderman on Monday threatened to sue Bank of America and Wells Fargo for allegedly failing to help struggling homeowners under the $25 billion national mortgage settlement.
Houses could be painted with a new super-material that generates electricity from sunlight and can even change colour on request, following new research.
The lack of a clear law on space property rights hasn't stopped one man from selling real estate on the moon — and the other solar system bodies as well.
Federal Reserve Chairman Ben Bernanke has done it.
The U.S. homeownership rate fell to the lowest in almost 18 years, reflecting rising demand for rentals and investor purchases in the housing market.
The Justice Dept promptly capitalized on a court victory to bolster a case before another federal judge, citing a ruling that endorsed the agency's use of a little known financial fraud law to prosecute bank actions during the financial crisis.
If we've learned anything from prison movies, we know prisoners can make almost anything out of the few objects they use every day.
Nest adds “energy services” with utilities to shift heavy air conditioning loads and tune home efficiency.
Big investors are pouring unprecedented amounts of money into real estate hard hit by the housing crash, bringing those moribund markets back to life but raising the prospect of another Wall Street-fueled bubble that won’t be sustainable.