housing market

AP - Federal regulators on Friday shut down two big thrifts based in Southern California, saying they fell victim to the acute distress in the housing market in that state.

Homebuilders' confidence in the housing market again plunged to a record low, dragged down by poor financial market conditions, rising unemployment and consumer anxiety, a trade group said Tuesday.

The prevailing theory is that this time the bubble that burst was that in the housing market. But the wreckage in the last three months has been just as bad in tech as when the dotcom bubble burst eight years ago.

Or worse, for blue chip tech stocks. Let’s go to the numbers.

Sales of existing homes rose in September, according to the latest reading on the battered housing market by an industry trade group released Friday.

Ireland's economy appears to be in recession. Part of the problem could be that housing prices have dropped dramatically.

The hard times are hurting the Irish and migrants from Europe.

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Sales of existing homes fell in August, according to the latest reading on the battered housing market released Wednesday by an industry trade group.

Fannie Mae was able to raise $7 billion Wednesday without having to pay a big premium. Analysts call this an indication that the federal government's decision to take over the troubled mortgage company has helped the housing market.

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Pending sales of US homes fell more than expected in July, as the housing market continues to struggle, says the main estate agency trade body.

It's ugly out there. As of late July, Standard & Poor's 500-stock index was down almost 13% for the preceding 12 months.

With the housing market on the skids and energy prices soaring, the economy seems more vulnerable than it has in decades.

At times like these, you may be sorely tempted to flee stocks before your 401(k) gets any droopier.