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Seventeen metro areas in the much watched S&P/Case-Shiller Home Price Indexes saw price increases from July to August, according to Standard & Poor's.

Home prices in both the 10-city and 20-city composite indices and all metro areas except for Cleveland either improved or fell more slowly. Charlotte, Cleveland and Las Vegas were the only metro areas to see monthly price declines. The 10-city index fell 10.6%, the 20-city index 11.3% from 2008 levels. It capped off about seven months of… Continue

Though several people have been using social bookmarking to publicize and increase traffic to their website, not many exactly know what this process is, how it works, or what its intended purpose is. Infact, you may be doing social bookmarking on the Internet without knowing that you are actually using it. Therefore, this process is explained below to help you gain a better understanding on it.

Fundamentally, bookmarking is an easy way to remember webpages on the Internet. It helps you in findi… Continue

A basket of goods--including rent, groceries and entertainment--cost residents of these 10 spots most.

In the midst of the recession, New Yorkers are cutting back on everything from dining to luxury shopping. Café des Artistes, one of the Big Apple's most storied restaurants, closed in August, in part because of poor business. Chanterelle followed this month. In July, J.C. Penney opened its first Manhattan location, citing local demand for discount merchandise.

These changes makes sense. New Y… Continue

by David Streitfeld and Louise Story
Friday, October 9, 2009

provided by
The New York Times

A year after Fannie Mae and Freddie Mac teetered, industry executives and Washington policy makers are worrying that another government mortgage giant could be the next housing domino.

Problems at the Federal Housing Administration, which guarantees mortgages with low down payments, are becoming so acute that some experts warn the agency might need a federal bailout.

Running questions about the F.H.A.… Continue

By ALAN ZIBEL

WASHINGTON — Home resales dipped unexpectedly last month after a four-month streak of gains, providing evidence that the housing market recovery remains fragile.

Sales dropped 2.7 percent to a seasonally adjusted annual rate of 5.1 million in August, from a pace of 5.24 million in July, the National Association of Realtors said Thursday. Compared with a year ago, however, home sales are up 3.4 percent.

The results surprised analysts, who had expected sales to rise to an annual p… Continue