Real Estate
  • Fear of Rising Rates May Spur Homebuyers to Act Fast

    By Leah Schnurr, Reuters

    Worries the Federal Reserve may begin to slow its stimulus efforts sent U.S. mortgage rates last week to their highest level in a year, a surge that could be a headwind to the nascent housing...

  • Home prices accelerate by most in seven years

    Home prices accelerate by most in seven years

    By Leah Schnurr, Reuters

    NEW YORK (Reuters) - Home prices accelerated by the most in nearly seven years in March as the spring buying season gave the sector traction, while surging consumer confidence pointed to some...

  • What Detroit crisis? Pension fund trustees hang out in Hawaii

    What Detroit crisis? Pension fund trustees hang out in Hawaii

    By Malia Mattoch McManus, Reuters

    HONOLULU (Reuters) - The city of Detroit may be facing a deepening financial crisis but that hasn't stopped four trustees of its public pension funds from spending $22,000 of retirement system funds...

  • HP raises 2013 outlook as Whitman's plan takes hold

    HP raises 2013 outlook as Whitman's plan takes hold

    By Poornima Gupta, Reuters

    SAN FRANCISCO (Reuters) - Hewlett-Packard Co raised its 2013 earnings outlook after quarterly results beat low expectations, as CEO Meg Whitman's turnaround plan helped offset shrinking personal...

  • Home sales close in on three-and-a-half year high

    Home sales close in on three-and-a-half year high

    By Lucia Mutikani, Reuters

    WASHINGTON (Reuters) - Home resales rose in April to the highest level in nearly 3-1/2 years and prices surged, offering the economy a buffer from the stiff headwinds posed by belt-tightening by...