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Transportation Costs Make Some Dream Homes Costly Nightmares

Found your dream home out in the suburbs at a fantastic price?  Well, it may not be as cheap as you think.  According to a new study released yesterday by the U.S. Department of Housing and Urban...

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Takeouts: No Fix Yet for Struggling Homeowners, Republicans' 'Vote-A-Rama'

BUSINESS TAKEOUT: A year into the government's loan modification program, the Treasury's internal watchdog says the federal program might fail to prevent foreclosures. Meanwhile, private lender Bank of...

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American Values: Home Ownership

Today, we continue our week-long series on American values with an examination of land and home ownership. The desire to own land — dating back to the notion of “Manifest Destiny,” as newly-minted...

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Your Take: Is Home Ownership Vital to the American Dream?

A new poll by CBS and our partner the New York Times shows that Americans are split on whether owning a home is a safe investment. 49 percent of those polled said it was, while 45 percent said that...

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Did It Work? Foreclosure Modification

Roben Farzad, a senior writer for Bloomberg Businessweek, continues a weekly series this month looking at Obama administration economic stimulus programs. This week: Helping Families Save Their Homes Act.

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