Investing

More foreclosures means more fixer uppers

A year after purchasing their Richmond, Virginia, fixer-upper for $290,000 in 2010, Sherry and John Petersik rolled up their sleeves and tackled the outdated kitchen.

Home builder confidence up in May

U.S. home builders’ sentiment increased in June to the highest level in more than five years, according to a report released by the National Association of Homebuilders on Monday.

Foreclosures up for first time in over 2 years

Homes in foreclosure rose year-over-year in May for the first time in 27 months as banks resumed dealing with distressed properties after a mortgage abuse settlement earlier this year, according to a report released by data firm RealtyTrac on Thursday.