Ten cities managing to weather the recession

Jobs in Washington D.C. are growing quickly, and in 2008 the city produced more in goods and services than almost anywhere in the country.

Washington DC - Weather - Recession - United States - Washington
NYT: Plan to pay homeowners to sell at loss

NYT: The Obama administration has been trying to keep defaulting owners in their homes. Now it will take a new approach: paying some of them to leave.

Presidency of Barack Obama - New York Times - President - United States - Barack Obama
Pending home sales tumble amid winter woes
The number of buyers who agreed to purchase a home fell sharply in January, a sign that demand for housing is sinking this winter as stormy weather slammed Eastern states.


Business - Construction and Maintenance - Residential Housing - Real estate - Thomson Reuters
Mortgage rates fall below the 5 percent mark

Mortgages rates have dipped below 5 percent again, four weeks before a government program that is helping keep rates low is scheduled to run out.

Forbes: Where you can get ahead quickly

Professional success often requires some degree of sacrifice. Surprisingly, one of those sacrifices might include moving to the outskirts of some big cities.

Forbes - Business - United States - Business and Economy - Business Services
Government extends refinance program a year
The government is giving homeowners another year to refinance their loans under a little-used program designed to help borrowers whose homes have plummeted in value.


Loan - Refinancing - Government - Mortgage - United States
Construction spending falls to 2003 levels
Construction spending fell for a third straight month, pulled down by a slump in private nonresidential spending and weak public construction, a government report showed.


Public school - Business - Construction and Maintenance - Consulting - Economic
Homebuyer credit not jolting housing market
It sounded like a great idea three months ago: Hand homeowners a $6,500 tax credit to find a new place to live, giving a thrust of energy to the housing market's recovery.


Real estate economics - Real estate - Business - Residential - Financial Services
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Existing-home sales tumble 7.2 percent

Sales of previously occupied homes took a large drop for the second straight month in January. It was another sign the housing market's recovery is faltering.

U.S. Housing Market - Business - Real estate - Residential - Marketing and Advertising
Fannie Mae seeks $15.3 billion more in aid
Fannie Mae needs another $15 billion in federal assistance, bringing its total to more than $75 billion. And worse, the mortgage finance company warned its losses will continue this year.


Fannie Mae - Freddie Mac - Business - Thailand - Provinces
Slide show: Slideshow: Mystery of a reclusive heiress

Why are the mansions of one of America?s richest women sitting vacant? Click to follow this photo narrative of the reclusive Huguette Clark and her father, William Andrews Clark, the "Paris millionaire senator." Where is Huguette Clark? And what will become of her fortune?

United States - Wealth - Narrative - Government - Politics
Pittsburgh tops list of best housing markets

Families in the market for a house are shopping at the right time: Nationally, homes are near the most affordable they've been in 18 years.

Pittsburgh - House - Real estate - Business - Residential
Sales of new homes hit a record low in January
Sales of new homes plunged to a record low in January, underscoring the formidable challenges facing the housing industry as it tries to recover from the worst slump in decades.


Business - United States - Marketing and Advertising - Recreation - Picture Ratings
Home prices gain for seventh straight month
Home prices rose nationally for the seventh straight month in December as the U.S. housing market continues its bumpy road to recovery.


Real estate pricing - Real estate economics - United States - Real estate - Business
Obama considers changes to mortgage plan
The Obama administration is soon expected to unveil additional protections to ensure homeowners are treated fairly and consistently under its mortgage relief program.


Presidency of Barack Obama - Mortgage - United States - Business - Financial Services
Fewer people falling behind on home loans
The number of borrowers falling behind on their mortgage payments dropped sharply at the end of last year, a sign the foreclosure crisis is beginning to ebb.


Mortgage - Foreclosure - Loan - Business - Financial Services
Open House: Homes available in Vancouver
If watching the Games have inspired you to move, these Vancouver properties are up for sale.


Vancouver - Canada - House - Regional Districts - British Columbia
Obama unveils $1.5 billion in housing aid

President Barack Obama used a campaign push for Senate Majority Leader Harry Reid to announce a new fund to support homeowners in five states hit hardest by the housing crisis.

Barack Obama - President of the United States - Economic - United States - Politics