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House Sales
Tom Merton, Getty Images
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Feds Chose Mortgage Bonds to Bolster Housing Gains

The Federal Reserve structured its latest stimulus program around the purchase of mortgage bonds after members agreed that helping a nascent housing recovery was a good way to lift the broader economy.

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Housing Construction
Spencer Platt, Getty Images
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New Jersey’s Housing Market Recovering Very Slowly [AUDIO]

The financial services giant FISERV is out with a new report that predicts home prices will rise 3.7 percent over the next several years.

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Tetra Images, Getty Images
Tetra Images, Getty Images
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Federal Funding Will Help NJ Homeless Vets Find Housing

U.S. Senators Robert Menendez  (D-NJ) and Frank Lautenber (D-NJ) today announced that homeless veterans in Atlantic, Burlington, Camden, Gloucester and Mercer counties will be provided with temporary housing.

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WallStreet2-300x1983
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Encouraging Reports About Housing Lift U.S. Stocks

U.S. stocks are closing higher after a pair of encouraging reports about the housing market.

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Justin Sullivan, Getty Images
Justin Sullivan, Getty Images
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Many Younger NJ Homeowners Are Stuck Underwater [AUDIO]

A new survey by Zillow, the online real estate database, finds 48 percent of younger homeowners under the age of 40 owe more on their mortgage than their home is worth, because many of them bought at the height of the housing boom around 8 years ago.

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foreclosure
Flickr User BasicGov
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NJ Foreclosure Activity Still Growing [AUDIO]

August was the nation's 23rd straight month of a year-over-year decrease in foreclosure activity. In New Jersey, it was the sixth straight month of a year-over-year increase.

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vacancy
Flickr User LOLren
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Vacant Homes for Sale: Good News or Bad News?

From the first to second quarter of 2012, the nation experienced a dip in the number of vacant homes for sale. In New Jersey, though, the number increased. Empty for-sale units can be good news for some New Jersey residents, and bad news for others, depending on one's current living situation.

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Homes for Sale
Flickr User Images_of_Money
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New Jersey’s Housing Market Is Improving [AUDIO]

The housing market looks like it's starting to recover.

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Foreclosures
Justin Sullivan, Getty Images
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Garden State Foreclosures Way Up [AUDIO]

There's good and bad news on the mortgage foreclosure front. Nationally, foreclosures dropped three percent in July, but they jumped way up in New Jersey compared to a year ago.

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foreclosure
DreamPictures, Getty Images
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Fannie-Freddie Barred from Reducing Principal for At-Risk Borrowers

A federal regulator is standing by its decision to bar Fannie Mae and Freddie Mac from reducing principal for borrowers at risk of foreclosure, resisting pressure from the Obama administration.

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