Tagged: Economy

Housing prices are still declining, but many analysts see some signs for optimism in the housing market. The mild spring has brought buyers out earlier than usual, and real estate agents are busy.

Doug Azarian is one of them. One of his clients recently signed a deal on a $1.5 million house in Cape Cod, Mass. — a contemporary waterfront property with three bedrooms.

"The buyers came in, and they loved it from the minute they walked in the door," Azarian says.

Home prices fell in most major metropolitan areas again in January, according to the widely watched S&P/Case-Shiller Home Price Indices report.

This is the second of two stories we're doing today about Harrisburg. Read the first story here.

Harrisburg is broke.

The Pennsylvania city is deep in debt. It's still spending more than it takes in. And, as David Unkovic described it to me last week, there's a cash-flow problem.