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Victoria Stilwell

America's post-foreclosure consumers are ready to rejoin economy

Millions of Americans lost their homes to foreclosures or short sales during the housing crisis. Fortunately for the economy, time heals most wounds – and credit reports. The numb...

Confidence remains low for homebuilders

Supply of available properties lacking

Consumer spending cools as Americans pad savings

© 2016, Bloomberg Household spending cooled in December as Americans used gains in incomes to boost their savings. Consumer purchases were little changed after a 0.5 pe...

Manufacturing in U.S. contracts at fastest pace since 2009

WASHINGTON – Manufacturing in the U.S. unexpectedly contracted in November at the fastest pace since the last recession as elevated inventories led to cutbacks in orders and production. ...

Boomers, millennials vie for limited rentals

WASHINGTON – Mike Abelson calls it his “man cave.” After his wife died, the 65-year-old sold his house and rented a 1,400-square-foot apartment eight miles away in suburban Bethes...

Sales of existing homes hit 8-year high

WASHINGTON – America’s housing-market recovery is in full swing. Purchases of previously owned homes climbed 3.2 percent in June to a 5.49 million annualized rate, the strongest s...

Home prices in 20 cities increase at faster pace

WASHINGTON – Home prices in 20 U.S. cities climbed at a faster pace than forecast in the year that ending in February, a sign the housing industry may be gaining momentum amid low borrowing ...

U.S. real estate recovery suffers setback

WASHINGTON – The residential real estate recovery is best described as plodding, with the industry taking a step back in November for the first time in three months. Housing start...

Fewer millennial moms show decline in birth rate

WASHINGTON – Janna Weaver is proud she’s managed to keep her bamboo plant alive for more than a year. She’s not quite ready for a pet yet, and a child? “Definitely not anytime soon.” ...