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Washington Post

Boomerang Buyers Gain Critical Mass

Washington Post staffer Michele Lerner looks a sizable--and growing--force in the housing recovery: Boomerang buyers who lost a home to a foreclosure or short sale between 2007 and 2013 are projected to make about 10 percent of all U.S. home purchases in 2014, according to John Burns Real Estate Consulting (JBREC).

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Jobless Claims Nudge Back to Under 300K

The number of people who applied for unemployment benefits fell below 300,000 for the third time in five weeks, signaling once again that layoffs remain at a post-recession low amid an uptick in hiring in most major U.S. industries. Initial jobless claims fell to 298,000.

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