single-family homes

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Condo Market Is Pretty Bleak Right Now

Wall Street Journal calls it the worst market for condominiums in more than a decade

(Newser) - The once-reliable condo has become the weak link in the US housing market, reports the Wall Street Journal . In fact, it's "the worst market in more than 10 years," per the newspaper. Condominium prices fell about 1.9% year-over-year in September and October, the steepest drop since...

The Era of the Smaller Home Is Upon Us

Square footage is dropping, as are accompanying home prices, as homebuilders try to attract buyers

(Newser) - With the cost of housing so high these days, it's no wonder that many have given up on the idea of homeownership, at least for the time being. Now, homebuilders appear to have hit on a solution of sorts, at least for those willing to embrace minimalism: erecting smaller...

$700B Goes a Long Way in Space—and on Earth
$700B Goes a Long Way
in Space—and on Earth
ANALYSIS
Oct 5, 2008 6:03 AM CDT

$700B Goes a Long Way in Space—and on Earth

Bailout bucks could fund 7 space stations, pay salaries for 16M teachers

(Newser) - With the Treasury Department now in charge of figuring out what holes to plug with its $700 billion in bailout bucks, the San Francisco Chronicle takes a look at what else that money could do. Some highlights:
  • Hire 16,062,414 public-school teachers.
  • Pay the average weekly wages of 22
...

Surprise! Existing Home Sales Jump

February's 2.9% rise surprises analysts; median price tumbles unprecedented 8.2%

(Newser) - Existing home sales stunned Wall Street today with an unexpected spike, Bloomberg reports. The metric rose 2.9% in February to an annual pace of 5.03 million. Analysts had predicted yet another decline, to a 4.85 million pace. But one economist said this was only a “temporary...

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