Baby boomers love their real estate. So much that they’re counting on it to help them fund retirement.
Sales of existing homes fell in April, and the price posted the smallest increase in 4
Sales of new homes rose unexpectedly in April to the fastest pace this year, but the level of unsold homes rose to a record high.
The stories keep piling up. In many once-sizzling markets around the country, accounts of dropping list prices have replaced tales of waiting lists for unbuilt condos and bidding wars over humdrum three-bedroom colonials.
In his first public comments as a private citizen since leaving the Federal Reserve in January, former chairman Alan Greenspan said Thursday that the housing “boom is over” but did not share his views on hot issues such as inflation, interest rates or Fed policy.
You don’t need to be in the market to buy or sell a home to be affected by the cooling housing market.
Real estate gains came to an abrupt halt in the first quarter of 2006, with the median price of a U.S. home falling 3.3 percent from the fourth quarter of 2005, according to a report released Monday morning.
Buying Your First Home