Home prices hit 2002 levels
By Julie Schmit, USA Today, May 31, 2011
U.S. home prices have fallen to 2002 levels and are expected to drop further.
They were 5.1% lower in the first quarter than in the same period last year and fell 4.2% from the previous quarter, according to the Standard & Poors/Case-Shiller Home Price index released Tuesday.
Bad housing market hurting some peoples job prospects
By Allison Linn, June 1, 2011
Here is a Catch-22 of the weak economy: You finally land that job you need desperately, only to find that you can't sell your home to move.
CNBC reported Wednesday that many Americans are finding themselves stuck in their homes or forced to rent instead of sell.
Desperate for a housing rebound
BY Chris Isidore, CNNMoney, June 2, 2011
NEW YORK (CNNMoney) -- Home prices will not rebound until jobs come back.
But jobs will not come back until the housing mess gets fixed.
