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Tag Archives: homes

Realities of Real Estate: Right said Fed (access required)

Over the past couple of columns, we’ve been reviewing the impact of rising mortgage rates, as well as the impetus for those rate increases. We recently explained how the Federal Reserve, led by Chairman Ben Bernanke, triggered a jump in mortgage rates by suggesting that the Feds might begin to tighten up on their easy money policies.

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Baltimore housing department to demolish nearly 600 buildings (access required)

Baltimore rowhouses

The city housing department has signed an agreement to use nearly $10 million from a national foreclosure abuse settlement to demolish 578 mostly derelict buildings and houses in 10 Baltimore communities, in some cases relocating homeowners and renters so entire blocks can be razed.

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Consumer confidence rises in August

WASHINGTON — Americans’ confidence in the economy inched closer to a 5 ½-year high on growing optimism that hiring and wages could pick up in coming months. The Conference Board, a New York-based private research group, said Tuesday that its ...

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Home sales hit 5.4M in July, highest since ’09

WASHINGTON — For the first time since 2009, previously occupied U.S. homes are selling at a pace associated with a healthy market. Sales jumped 6.5 percent in July to a seasonally adjusted annual rate of 5.4 million, the National Association ...

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