The solar industry faces its first shortfall in eight years, and smaller installations could be put on hold as a result.
Researchers recommend that tornado-prone areas adopt more robust design standards similar to those used by coastal regions to help homes survive hurricanes.
There is almost a 50 percent chance that the Federal Housing Administration (FHA) will need a taxpayer bailout, according to a government audit released today.
The nation’s home appraisal system needs a serious overhaul, according to a white paper prepared by appraiser Joan Trice and members of the Collateral Risk Network.
The Wall Street Journal’s blog reported that were it not for the aging population, the drop in the nation’s home-ownership rate would have been even steeper during the last decade since rates continued to erode among young people.
The National Association of Realtors reported Thursday that pending home sales in August slipped but remained higher than a year ago, with a mixed regional performance. The Pending Home Sales Index, which is based on contract signings, declined 1.2 percent to 88.6 in August.
The S&P’s Case-Shiller Home Price Indices data through July 2011, released Tuesday, showed a fourth consecutive month of increases for the 10- and 20-City Composites, with both up 0.9 percent in July over June.