Newletter - Rick Wilkinson

Daily Real Estate News

10 Cities Where Jobs, Home Prices Are Growing

Forbes magazine identified cities that aren't overbuilt and have an ample supply of good-paying jobs. Albuquerque, N.M., tops the list.

Builders Worry About Impact of Housing Bill

Under the bill, the minimum down payment for FHA-insured loans rises 3.5 percent from 3 percent, and charitable down payment assistance is no longer allowed.

Commerce Dept.: New Home Sales Rose in July

"The biggest declines, they're all behind us now," says Nigel Gault, chief domestic economist at Global Insight, a research firm.

Good Neighbor Finalist: Mary Bacon

Bacon, a sales associate with Bob Parks Realty, took matters into her own hands after a local food shelter lost its lease.

Key Rate May Rise, Fed Report Suggests

The Fed is unlikely to raise rates until next year, according to most economists, with the timetable determined by the pace of economic growth and inflation.