housing market

  Mellody Hobson is President of Ariel investments; a Chicago-based money management firm that serves individual investors and retirement plans through its no-load mutual funds and separate accounts.  Additionally, she is a regular financial contributor and analyst for CBS News. Tom: Today, we are talking housing.   Mellody: We are, Tom. The American housing market […]

Roland Martin talks with Julius Cartwright, president of National Association of Real Estate Brokers about the state of the housing market and how it impacts the black community.

In the 1980s, we saw a large scale dismantling of civil rights gains and the triumph of “trickle-down” economics.  As part of the trickle – down economics strategy, government implemented broad financial deregulation, specifically in the mortgage industry.  Unfortunately, the strategy set the stage for the 2008 housing crisis. Since the Great Depression, the U.S. […]

LOS ANGELES (AP) — Confidence among U.S. homebuilders slipped this month from the 6½ year high it reached in January, with many builders reporting less traffic by prospective customers before the critical spring home-buying season. The National Association of Home Builders/Wells Fargo builder sentiment index released Tuesday dipped to 46 from 47 in January. It […]

WASHINGTON (AP) — U.S. builders started construction last month on the most homes and apartments since July 2008, more evidence that the housing recovery is gaining momentum. The Commerce Department said Tuesday that builders broke ground on homes in October at a seasonally adjusted annual rate of 894,000. That's a 3.6 percent gain from September. […]

NEW YORK (AP) — Home Depot Inc.'s net income rose slightly in the third-quarter, as glimmers of a housing market recovery start to appear. Storm-preparation also added to sales and offset costs related to closing stores in China. Results beat expectations and the company also raised its forecast for the year. Shares rose nearly four […]

Chris Paul has diagnosed a celebrity with an addiction to the drug “No-Snap-At-All." Plus, more on Lebron’s receding hairline and the housing market. Click here to listen to the full Morning Minute. This is Chris Paul from the TJMS running through the top stories in roughly sixty seconds with The Morning Minute.   The NBA […]

The housing market is starting to pick up speed again. New reports released on Tuesday show home prices rose for the sixth month straight. In July, the prices rose while home resales and groundbreakings on new properties increased in August. Economists believe that the housing market is showing promise after experiencing a major collapse six […]