Investing

New home sales up 7.6 Pct: Commerce Dept

New single-family home sales were up 7.6 percent from April or 369,000 annualized sales, according to a report released by the Commerce Department on Monday.

California home sales show an upturn in housing market

The state of California experienced an 11.2 percent growth in home sales over the May-to-May time period, according to recent data from the California Association of Realtors.

Foreclosure 2009-10 victims may receive compensation

Homeowners, who were victims of foreclosure abuses between 2009 and 2010, may be eligible to claim over $125,000 from lenders as part of an Independent Foreclosure Review that is being overseen by two government agencies.