housing

(Newser) - Sales of previously occupied homes fell 8.4 percent in March, marking the biggest monthly drop since 1989 and ending hopes for a spring rebound. The new National Association of Realtors numbers reflect an oversupply of homes, lenders subdued by the sub-prime crisis, and bad winter weather, the Wall Street ...

(Newser) - Drug addicts who check into New York hospital detox units dozens of times per year cost the state more than $300 million annually. These frequent fliers are often homeless or mentally ill people who see detox as a source of food and housing. People use it instead of the shelter...

(Newser) - With inflation creeping up, Fed chairman Ben Bernanke will keep interest rates steady—at least for now, reports the Wall Street Journal. Soft business investment and weakening housing are becoming serious risks, but the long-term outlook is good, Bernanke told Congress yesterday. "The current stance of monetary policy is...