Housing Crisis

Is the Housing Bubble Back? These Four US Cities Are in the Danger Zone

By Diana Olick, CNBC

Home price gains are accelerating again, and in some cities those values are overheating. Four of the nation's largest cities are now considered overvalued, according to CoreLogic. Home prices in...
The Most Outrageous Housing Market in America

By Ciro Scotti

There are overheated housing markets, and then there is the San Francisco Bay Area – that rarified piece of the planet that is the home of so many high-tech companies and the incubator for hundreds...
Why the Housing Market Could Keep Rising for Years

By Janna Herron

The number of first-time homebuyers could increase by a third over the next five years, adding a big boost to the housing market and the broader economy, according to a new study. Credit reporting...
Home Prices Hit an All-Time High: Is This Another Bubble?

By Janna Herron

U.S. home prices set an all-time high in June, eclipsing the previous peak set nearly a decade ago. While the record may make homeowners feel house rich, the rate of appreciation in many markets may...
The Economic Problem Americans Are Worried About but the Candidates Are Ignoring

By Kellie Lunney, Government Executive

Seventy-one percent of Americans think that affordable housing should be a main focus of the political parties’ platforms during the 2016 presidential campaign, and 74 percent said they are more...

Why the Housing Market Will Boom Again

By Akin Oyedele, Business Insider

The next housing boom will be triggered by millennials. Like older demographic groups, the lumped-together cohort of 20- and 30-somethings is interested in getting married, starting families, buying...
The Oil Crisis Has Killed These Housing Markets

By Akin Oyedele, Business Insider

Most of the worst housing markets in America have one thing in common: oil. And markets in energy-producing areas make up most of the bottom-ranked parts of America. Related: Here’s a Sign the...
Banks Got Bailed Out, Homeowners Got Sold Out — and the Feds Made a Killing

By David Dayen

The government turned an unprecedented crime ring of systemic fraud into a piggy bank, without distributing its profits to the homeowner victims.
Why Oil's Collapse Could Ultimately Be Worse than the Housing Crisis

By Mark Harrington, CNBC

Oil and gas companies borrowed heavily when oil prices were soaring above $70 a barrel. But in the past 24 months, they've seen their values and cash flows erode ferociously as oil prices plunge —...
The Big Problem with ‘The Big Short’

By David Dayen

Too many crisis narratives write ordinary people out of the picture, which actually makes us more vulnerable to a replay. That’s especially true because the new dangers won’t come from the same place.

3 Reasons Why the Fed Won't Act This Week

By Merrill Goozner, The Fiscal Times

The economy is slowing, Europe is in crisis and uncertainty over the fiscal cliff is paralyzing decision-makers at every level of the economy. Yet the Federal Reserve Board is unlikely to take bold...
What the Recession Really Cost American Families

By Yuval Rosenberg

The political finger-pointing about the reported 40 percent drop in the median net worth of American families may have obscured some larger points about just how much those families have done to...
Obama and Romney, on the Attack, Push Their Platforms

By Eric Pianin

President Obama and Mitt Romney, his Republican challenger, offered strongly contrasting views on how to boost the economy and bring down the debt during dueling speeches in Ohio on Thursday – and...
Middle Class Still Squeezed As Candidates Square Off

By LAURA MacINNIS, Reuters

President Barack Obama cast his re-election battle with Mitt Romney as a clash between starkly contrasting philosophies and charged that his Republican rival would hollow out the middle class in a...
Obama: 4 Years Isn't Enough to Fix the Bush Economy

By Caren Bohan and Andy Sullivan, Reuters

So far, President Barack Obama has not been able to convince most Americans that they are better off than they were four years ago. His next step may be to try to convince them that they would be...

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