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U.S. sounds warning on healthcare costsFederal government could be paying more than half of tab next year
In a stark reminder of growing costs, the government estimated today that health care consumed a record 17.3 percent of all spending in the U.S. economy last year - or about $2.5 trillion.
Categories: Planning news
Home energy retrofits: The bottom lineInvesting to make your home more energy efficient may lower the bills, but it may not boost its price, partly because these investments aren't fully valued by appraisers.
Categories: Planning news
Tick, tock: Real estate's time bombLuckily for banks, the commercial real estate time bomb just keeps on ticking.
Categories: Planning news
Consumers pay credit cards over mortgageWhen faced with a financial crisis, consumers more often are opting to pay their credit-card bills first before turning to their mortgage payments, according to a report released by Trans Union Wednesday.
Categories: Planning news
Job reports paint mixed pictureA report Wednesday from Automatic Data Processing suggested that the pace of job cuts may be slowing, while a separate report from Challenger said planned layoffs hit a 5-month high in January.
Categories: Planning news
State of the Union: How will Obama tackle debt?President Obama's State of the Union address will raise the curtain on how he plans to tackle the unsustainable growth in U.S. debt over the next decade.
Categories: Planning news
BofA steps up foreclosure prevention effortsOne roadblock slowing Obama's foreclosure prevention program seems to be clearing up. Bank of America, the nation's largest mortgage lender, announced Tuesday that it was the first lender to sign an agreement to lower or eliminate payments on second mortgages.
Categories: Planning news
December home sales down nearly 17 percent (AP)AP - Sales of previously occupied homes took the largest monthly drop in more than 40 years last month, sinking more dramatically than expected after lawmakers gave buyers additional time to use a tax credit.
Categories: Planning news
Report: Fall in Las Vegas home prices reaches 39 monthsLas Vegas home prices as tracked in a monthly nationwide report fell in November for the 39th consecutive month. Prices are down 55.6 percent from their peak, Standard & Poor's said.
Categories: Planning news
When a home energy audit paysThe government is expected to unveil a new program in the next couple of months that if approved may reimburse homeowners for up to half the cost of making their homes more efficient, but don't start shopping for new kitchens just yet.
Categories: Planning news
Pending home sales slump, factory orders up (Reuters)Reuters - Pending sales of previously owned U.S. homes fell sharply in November, but a surge in orders received by factories offered assurance the economic recovery remained on track.
Categories: Planning news
Homebuyers sign 16% fewer contractsHomebuyers abandoned the market in droves during November: They signed 16% fewer sales contracts than the month before.
Categories: Planning news
Manhattan real estate: Get in while you canBonuses are making a comeback on Wall Street and that might help stabilize the Manhattan real estate market.
Categories: Planning news
Should the World Trade Center be Rebuilt?After years of debate and negotiation, the redevelopment of the World Trade Center site finally appears to be going forward. But there is considerable doubt as to its economic viability, writes Eliot Brown. ![]() Categories: Planning news
New Argument for Public Transit: Better for Texting?In a recent piece in Wired, Clive Thompson suggests that the solution to the problem of texting while driving is not to stop texting, but to stop driving. The popularity of texting is a good reason to support public transit. Categories: Planning news
Illinois Opens Door to New Nuclear PlantsState legislators in Illinois have lifted a 23-year ban on building nuclear plants within the state. Categories: Planning news
Spain's High Speed Rail Uses Luxury to LureSpain's high speed rail system is consistently beating out airlines for inter-city travel. But it's not through low prices. Categories: Planning news
WalMart Purchase Thwarted, Family Sues City of Rezoning - And WinsWalMart made an offer to purchase a plot from a family in Frankenmuth, Michigan, but withdrew the offer when the City Council rezoned the land for a limited building size. The family sued, and a federal judge awarded them $3.6 million. Categories: Planning news
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