home values

Retail sales suffered their biggest drop in three years last month, as American households reined in spending amid a tough job market, the financial crisis and falling home values.

It's hard to find any good news about your money these days. The stock market is tumbling. Banks are failing.

Home values are cratering. And you're watching your retirement disappear.

The cocktail chatter among my friends has taken a surprising turn in the past year or two. We're not gushing over rising home values or fad stocks anymore - and not just because there aren't any to gush about lately.

While Congress is struggling to address plummeting home values and mortgage meltdowns, some members of Congress are facing another kind of housing crisis: Questions have been raised recently about the fairness of what they pay for their own digs.

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Under the backdrop of a deteriorating economic picture, President Bush said Tuesday he is taking action to help people with falling home values and high gas prices.

Americans saw their net worth decline by $1.7 trillion in the first quarter, as declines in home values and the stock market ravaged their holdings.

The economy may be souring across the country, but western Kansas is thriving. Thanks to record oil prices and soaring prices for grain, home values are up, foreclosures and unemployment are down, and gas-guzzling trucks are flying off the lot.

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Everywhere you look, bad news abounds. The falling stock market, the floundering economy, tumbling home values, vanishing jobs - it's enough to make you want to hide your money in a lockbox and throw away the key.

U.S. stock futures were littled changed Tuesday as investors weighed more losses from the financial sector and more problems in home values as they awaited reports on consumer confidence.