The housing bubble affected everyone, with a gut-wrenching roller-coaster ride from boom to bust. However, as bad as it was, the housing market, especially in our area, has recovered.

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WASHINGTON — U.S. builders started work on homes in December at the fastest pace in 4 ½ years and finished 2012 as their best year for residential construction since the early stages of the housing crisis. The Commerce Department said ...

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WASHINGTON — U.S. sales of new homes fell slightly in October and September sales were slower than initially thought. The October sales pace was dragged lower by steep declines on the East Coast, partly related to Superstorm Sandy. The Commerce ...

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LOS ANGELES — Sales of bank-owned homes and those already on the foreclosure path fell sharply in the second quarter, reflecting a thinner slate of properties for sale in many cities as banks take a measured approach to placing homes ...

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WASHINGTON — Americans signed the most contracts to buy homes in July than at any other point in the last two years, further evidence of a housing recovery. The National Association of Realtors said Wednesday that its index of sales ...

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Exactly one year ago, we speculated that there may be a housing shortage in the not-too-distant future. Last June we wrote: What most people fail to recognize is that our population is constantly growing. Right now, the United States has ...

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WASHINGTON — Americans are buying more homes in every region of the country, the latest indication that the housing market could be on the mend. An increasing portion of those sales are from first-time buyers, who are critical to a ...

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WASHINGTON — Since the Federal Reserve’s policymakers last met in January, the job market has shown more muscle. Employers have hired more than a half million people. The unemployment rate is down. The core issue the policymakers face when they ...

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WASHINGTON — Ben Bernanke presided over his first meeting as Federal Reserve chairman in March 2006 believing the nation’s economy could pull off a “soft landing” from falling home prices. Three months later, Bernanke had begun to grasp that he ...

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NEW YORK — Bank of America Corp., the nation’s largest bank, said Friday that it plans to cut 3,500 jobs by the end of September. The cuts amount to a little more than 1 percent of the bank’s workforce of ...

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