Shortage of homebuyers forces many sellers to lower prices or walk away as sales slump drags on
By ALEX VEIGA, Associated Press Business Writer LOS ANGELES (AP) — Skyrocketing housing values and a shortage of homes on the market gave homeowners the upper hand for years when it came time to sell. That’s no longer a given. Across the country, it’s getting tougher for sellers to drive a hard barg
If the Federal Reserve cuts interest rates, is that good news?
Hoping the Federal Reserve will cut the interest rates it controls fits the “be careful what you wish for” conundrum. There’s a good possibility the nation’s central bank will lower its Fed Funds rate – what banks pay overnight – at its next meeting Sept. 17. Federal Reserve officials have acknowled
San Diego’s Polyhaus is Designing the Future of Fire-Safe Homes
The morning marine layer has just burned off in La Jolla. Heat pools on the pavement. Mirages shimmer off the patio stones as a leaf blower hums somewhere in the valley below. In the backyard of one quiet residential block, something strange juts up from the earth—an angular form clad in gleaming me
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