By Steve Selengut
Most people never forget their first love. I’ll never forget my first trading profit! But the $600 (1970 dollars) I pocketed on Royal Dutch Petroleum was not nearly as significant as the conceptual realization it signaled! I was amazed that someone would pay me that much more for my stock than the newspaper said it was worth just a few weeks earlier! What had changed? What had happened to make the stock go up, and why had it been down in the first place? Without ever needing to know the answers, I’ve been trading RD for thirty-six years…[read more]

In May, U.S. sales fell to a 6.67 million annual rate a slight decline from April's revised figure, the National Association of Realtors said Tuesday.

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In this week's weekly news roundup we take a look at sagging sales in Southern California, home flippers in New Orleans, foreclosures in one university town, a power struggle in Orlando, Fla., and why Austin, Texas, is hot.

As the market runs out of steam, thousands of Americans may find themselves out of work. But, for those who can transfer their skills to other growing industries, it won't be the end of the world.

Deciding whether to take on a challenging job or call in a professional is a dilemma for passionate homeowners. But there is a little-known third option: Call in a pro and work together.