(Reuters) - Existing home sales rose in August to their highest in five months as lower prices and rock-bottom interest rates drew more buyers into a still moribund market.
The data did little, however, to change the view that housing, hobbled by a burst bubble which triggered a major recession, will not help the economy much […]

Condominium sales in Summit County trail pre-recession levels, and some in the real estate business place partial blame on guidelines at government-sponsored enterprises like Freddie Mac and Fannie Mae.
Average condominium sales in Summit County from 2000 through 2007 averaged 1,161 units per year, according to data from the Summit County Association of Realtors. In 2008, […]

SUMMIT COUNTY — Ski towns in Colorado’s High Country — including Summit County — may have some short-term immu­nity from predicted global-warm­ing impacts that could drive down resort real-estate values by more than 50 percent in some parts of the country.
  A recent study by the San Francis­co branch of the Federal Reserve concluded that […]

The strong Canadian dollar and the American housing downturn have led many Canadian investors to buy properties in the U.S., June Fletcher writes in today’s Wall Street Journal. Fletcher found that Canadians made up the largest portion of foreign buyers of U.S. homes between May 2007 and May 2008. At 24% of all foreign buyers, […]