The second-quarter report of the House Price Index (HPI) reveals another sign of a slowing housing market. Published by the Office of Federal Housing Enterprise Oversight (OFHEO), the report shows that house prices appreciated 1.17% ó more than one percentage point lower than the previous quarter, and the lowest rate since the end of 1999. More
The economy can be a scary thing to small business owners. Few truly understand it, but most have at least a vague notion that they should pay attention to it. More
For the fourth consecutive year, sales of existing single-family homes have hit an all-time high. More
The remodeling industry, spurred the last couple of years by all-time low mortgage interest rates, might need to find a new way to grow in 2004.Though it's certainly not great news, it's no reason to panic, says Kermit Baker, senior research fellow at the Joint Center for Housing Studies at Harvard University. More
