home sales

Home Sales Up, Surprisingly 26

Here’s a bright spot of news for you. August’s figures for previously-owned home sales rose. And compared to the tremendous dip they took in July, this was pretty surprising news. If the current rise of 7.6% holds, we’re on pace to sell 4.13 million homes. That’s not great, but it’s […]

housing market sales rise

government fighting banks

Washington and Banks: Chaos? 11

How bad is it for you when you live in a ghost town? Drives down property value, doesn’t it? Well, Washington thinks America’s cities are turning barren, with empty homes standing on every block. And maybe they’re right! Between bank-owned homes and unoccupied foreclosures (and the depression and crime that […]