Content Tagged As housing_market
Tagged News
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American dream giving way to housing changes?
January 30, 2012 7:49 PM
Each generation of young professionals has its differences, and its own set of problems. The life-long plan so many Americans have used -- of getting a job, buying a house and paying off a mortgage -- is certainly changing; it's more difficult to get a loan, and some people would... more » -
Apartment development picking up in CO Springs, changes to come
January 30, 2012 7:45 PM
Each generation of young professionals has its differences, and its own set of problems. The life-long plan so many Americans have used -- of getting a job, buying a house and paying off a mortgage -- is certainly changing; it's more difficult to get a loan, and some people would... more » -
Housing market puts $50K more in buyers' pockets
July 25, 2011 8:05 PM
It's a great time to buy a house in the Colorado Springs area, but not such a great time to sell one. Economist Fred Crowley says low prices and low interest rates are creating a unique buying environment. "Prices for existing homes have dropped quite a bit, in some... more » -
Foreclosure freeze could undermine housing market
October 11, 2010 10:31 AM
Karl Case, the co-creator of a widely watched housing market index, was upbeat three weeks ago. Mulling the economy while at a meeting at a resort near the Berkshires, Case thought the makings of a recovery were finally falling into place. Today, Case's mood is far more subdued. In... more » -
Mortgage rates drop to record low
July 8, 2010 10:56 AM
Mortgage rates fell for the second straight week to the lowest point in five decades, but it may not be enough to jump-start the housing market. Mortgage company Freddie Mac says the average rate for 30-year fixed loans dropped to 4.57 percent. That's down from the previous record of... more » -
Bernanke: U.S. 'far from being out of the woods'
April 7, 2010 4:25 PM
Problems in the housing market and high unemployment are the biggest economic challenges the nation faces, Federal Reserve Chairman Ben Bernanke said Wednesday. After suffering through the worst recession since the 1930s, the economy seems to have stabilized and is growing again, Bernanke said. But he warned: "We are... more » -
Mortgage delinquencies hit record-high in 3rd quarter
November 19, 2009 10:13 AM
An industry group says more than 14 percent of American homeowners with a mortgage were either behind on their payments or in foreclosure at the end of September, a record-high for the ninth straight quarter. The Mortgage Bankers Association's quarterly report adds to fears that the housing market's recovery could... more »
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