‘Smart Home’ Set to Open in Chicago Museum
On the heels of Disneyland’s announcement that it is resurrecting the “House of the Future” at its theme park in California, Chicago’s Museum of Science and Industry announced that it will launch a similar exhibit later this spring. The exhibit, Smart Home: Green + Wired, Powered by ComEd and Warmed by Peoples Gas, will showcase [...]
How Bad Is The Housing Market ‘Crisis?’
It seems no one can avoid the negative news surrounding the real estate industry. But is the housing market really as bad as people think? After analyzing recent foreclosure numbers from RealtyTrac and information from various government agencies, Bankrate.com and MSN Money personal finance columnist Scott Burns both conclude that the data offers some reassuring [...]
Presidential Candidates Divided on Housing Policy
Democratic presidential candidates Hillary Clinton and Barack Obama may be running neck and neck in the race for their party’s nomination, but they’re far apart in their views on how to handle the housing crisis. According to the Wall Street Journal, Senator Clinton advocates more immediate government intervention and claims that she is the only [...]
NAR Forecasts Gradual Recovery This Year
Existing-home sales are expected to remain flat for the next few months at an annual level of 4.9 million before beginning a gradual recovery at a 5.8-million pace in the second half of this year, NAR announced in a forecast released this morning. But total existing-home sales for 2008 are projected to be 5.38 million, [...]
