Housing market is ‘sobering,' or it's time to buy
- Cheaper homes hit hardest by price declines
- Why it's time to buy a home
- Help from family has its costs
- It's not the end of the world as we know it
- Soros is selling his gold — should you?
Now, housing values overall are back to about 2003 levels, Hoak writes in her story. That's just one reason the Harvard University's Joint Center for Housing Studies calls the market's outlook "sobering."
But others are saying "opportunity." A story by our colleagues at The Wall Street Journal describes several reasons why now is a great time to buy a home.
Read those stories, plus find out why Chuck Jaffe says investors should think of risk as a chance to win, not just lose.
— Andrea Coombes , Personal Finance editor
The values on the country's most modestly priced homes fell steeper than their upscale counterparts during the downturn, according to a report released Monday by Harvard University's Joint Center for Housing Studies.
Read more: Cheaper homes hit hardest by price declines.
Back in June 2006, when the housing market peaked, the prospect of a five-year national housing bust seemed unimaginable to most people. And yet here we are, with the latest Standard & Poor's Case-Shiller index showing that prices hit new bear-market lows, falling back to 2002 levels nationally and to 1990s levels in some battered regions.
Read more: Why it's time to buy a home.
Since borrowing $8,000 from his older brother and $2,000 from a friend to start a jewelry business, Andres Arango says both relationships have soured.
Read more: Help from family has its costs.
Treasury Secretary Timothy Geithner urges global regulators to develop common standards to ensure that institutions trading in the uncleared derivatives market have sufficient collateral, or margin, to weather future economic crises.
Read more: Geithner urges global capital rules for swaps.
The political process may be harsh but that doesn't mean the Senate shouldn't vet nominations to the Federal Reserve, writes Steve Goldstein
Read more: Failed Fed nominee didn't get Nobel for politics.
Peter Diamond, the Nobel prize winning economist, has announced that he will not pursue his nomination to the Fed board of governors in face of strong Republican opposition.
Read more: Diamond exits fight for Fed board seat.
This week's market selloff has brought a sloth of bears out of hiding. All of a sudden, they have plenty of ammunition.
Read more: It's not the end of the world as we know it.
With summer around the bend, investors are fretting about the return of something much more unpleasant: the bear market.
Read more: Economy points down, takes market with it.
Most people don't understand risk. They see it as a chance to lose. In fact, risk is a chance to win. Or, as described in one of the more interesting research papers to cross my desk in a long while, "risk is payment for a chance to reach our aspirations."
Read more: Investors need to take a chance on risk.
Rising fuel costs prompt a trade group to slash profit forecasts. But the industry is far better prepared to meet the challenge than during the pervious oil-price spike.
Read more: Airlines ‘robbed' again.
The world's most populous region is the place to watch for innovation and opportunity, writes columnist Ben Weiss in his debut column for MarketWatch.
Read more: Why Asia? It's ‘where the money is.'
Goldman's current defense of its actions during the 2007 meltdown of the mortgage industry flies in the face of immense profits it made during that time, writes David Weidner.
Read more: Goldman hedges its mortgage hedges.
Five down weeks on Wall Street has some investment letters speaking about another stock-market crash, reports Peter Brimelow.
Read more: Five down weeks stir crash whispers.
Every bubble has a blow-out phase — a moment when the price goes through the roof. Gold hasn't gotten there yet, writes columnist Matthew Lynn.
Read more: Soros is selling his gold — should you too?