Real Estate
  • Real Estate Alert: Where Have All the Houses Gone?

    By Diana Olick, CNBC

    The first official day of Spring may still be a few weeks away, but the Spring housing market is already underway. Buyer traffic is rising along with home prices, but one traditional Spring...

  • Premature Fed pullback could "short-circuit" recovery: Bernanke

    Premature Fed pullback could "short-circuit" recovery: Bernanke

    By Reuters

    (Reuters) - Ben Bernanke, the chairman of the Federal Reserve, said on Friday that pulling back on aggressive policy measures too soon would pose a real risk of damaging a still-fragile recovery...

  • Michigan governor clears way for state takeover of Detroit

    Michigan governor clears way for state takeover of Detroit

    By Steve Neavling, Reuters

    DETROIT (Reuters) - Michigan Governor Rick Snyder cleared the way for a state takeover of Detroit, declaring that the birthplace of the U.S. automotive industry faces a fiscal emergency and that he...

  • Britain heads for new recession

    Britain heads for new recession

    By Olesya Dmitracova and William Schomberg, Reuters

    LONDON (Reuters) - The risk that Britain is entering its third recession in four years grew on Friday with figures showing that manufacturing shrank unexpectedly last month and mortgage approvals for...

  • Regulators move forward on foreclosure relief

    Regulators move forward on foreclosure relief

    By Aruna Viswanatha, Reuters

    WASHINGTON (Reuters) - Borrowers whose homes were foreclosed on during the U.S. housing crisis will start receiving payments in April from a $3.6 billion fund under a previously announced settlement...