Read more home values stories on Newserhttp://www.newser.com/taggrid/23168/home-values.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 10:01:40 CSThttp://www.newser.com/story/63547/plunging-property-taxes-bleed-government-coffers.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFrom New York and Los Angeles to devastated Rust Belt towns, falling home prices are leaving local governments in a pinch, the New York Times reports. Desperate for extra cash, homeowners are petitioning assessors in droves to lower their property taxes and match property values. “It’s worthy of a Dickens...http://www.newser.com/story/63547/plunging-property-taxes-bleed-government-coffers.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSat, 04 Jul 2009 16:17:00 CDThttp://www.newser.com/story/53163/us-household-wealth-falls-record-51t.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe wealth of US households fell at a record pace in the last quarter of 2008, as drops in home values and stock prices accelerated, Bloomberg reports. Net worth for households and non-profits fell $5.1 trillion to $51.5 trillion, nearly twice the decline between the second and third...http://www.newser.com/story/53163/us-household-wealth-falls-record-51t.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 12 Mar 2009 14:19:27 CDThttp://www.newser.com/story/40952/how-one-womans-home-and-dream-foreclosed.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWhen a California woman bought a home 3 years ago, she had little idea that her mortgage would help drag down the nation's economy—and the world's, the Sacramento Bee reports. Erin O'Hagan and two family members pooled incomes to buy a $475,000 Sacramento home, and planned to refinance...http://www.newser.com/story/40952/how-one-womans-home-and-dream-foreclosed.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSun, 26 Oct 2008 18:42:00 CDThttp://www.newser.com/story/39237/american-consumers-stop-spending-they-all-feel-poor.html?utm_source=syn&utm_medium=rss&utm_campaign=tagConsumers, hit by a tsunami of economic bad news, have dramatically cut back spending in recent weeks, on everything from clothes to cars to airline travel to dining out, reports the New York Times. The slowdown all but guarantees a drop in consumer spending for the third quarter, the first...http://www.newser.com/story/39237/american-consumers-stop-spending-they-all-feel-poor.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 06 Oct 2008 7:34:55 CDThttp://www.newser.com/story/33636/home-prices-fall-again-rate-of-decline-sets-record.html?utm_source=syn&utm_medium=rss&utm_campaign=tagHome prices continued to nosedive in May, a signal that the housing crisis may be worsening and a red flag for the credit markets and Wall Street, reports the New York Times. Every region covered by the S&P/Case-Schiller home-price index showed a drop compared to May 2007, with the rate...http://www.newser.com/story/33636/home-prices-fall-again-rate-of-decline-sets-record.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 29 Jul 2008 11:01:07 CDThttp://www.newser.com/story/31561/us-lost-62k-jobs-in-june.html?utm_source=syn&utm_medium=rss&utm_campaign=tagUS employers, battered by rising fuel prices and a stuttering economy, continued to cut payrolls in June, eliminating some 62,000 jobs. It was the sixth straight monthly drop, reports the Wall Street Journal , and nearly 13% more than economists expected. Payrolls have fallen 438,000 so far this year,...http://www.newser.com/story/31561/us-lost-62k-jobs-in-june.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 03 Jul 2008 8:23:00 CDThttp://www.newser.com/story/23835/existing-home-contracts-down-in-february.html?utm_source=syn&utm_medium=rss&utm_campaign=tagContracts to buy previously owned homes declined 1.9% in February, according to the National Association of Realtors’ index, which fell to its lowest levels since its creation in 2001. The drop was nearly double the 1% decline analysts predicted, reports Bloomberg, and sent stocks tumbling further.http://www.newser.com/story/23835/existing-home-contracts-down-in-february.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 08 Apr 2008 13:00:10 CDThttp://www.newser.com/story/22075/bernankes-home-is-case-in-slumps-point.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFederal Reserve boss Ben Bernanke’s own home illustrates the very crisis his organization must fight—in the midst of a national housing slump, it’s worth roughly the same as when he bought it in 2004, Bloomberg reports. Values peaked just after that; the fact that his Capitol Hill pad is...http://www.newser.com/story/22075/bernankes-home-is-case-in-slumps-point.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 20 Mar 2008 12:51:00 CDThttp://www.newser.com/story/19283/during-bust-green-groups-make-land-grab.html?utm_source=syn&utm_medium=rss&utm_campaign=tagAs the subprime debacle rips through real estate, leveling home values and clogging the market with unsold property, an unlikely group of vultures is descending, reports Newsweek. Conservation groups and local governments alike, which sat on the bench during the last boom, are snapping up land from would-be developers to...http://www.newser.com/story/19283/during-bust-green-groups-make-land-grab.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSun, 17 Feb 2008 12:19:00 CST