The Wall Street Journal
Trading down: Can it still bankroll your retirement?
Trading down to a smaller home is a retirement-planning staple. According to an April study by the Society of Actuaries, 20 percent of not-yet retirees say they plan to downsize after the last child leaves the nest.
To read the full story, please click here

The Los Angeles Times
Home shortages could develop as recovery unfolds
Sooner or later, the economy will rebound, jobs will return and new households will form. When that time comes, however, there might not be enough housing to accommodate all the new family formations.
To read the full story, please click here

Bloomberg
U.S. housing market recovery dependent on jobs growth, Harvard report says
Job growth will be the key factor in whether the U.S. real estate market can extend a recovery after the end of the federal home buyer tax credit, according to a Harvard University study.
To read the full story, please click here

msnbc.com
Consumer sentiment strengthens in June
U.S. consumer sentiment improved in early June to its strongest level in nearly 2-1/2 years, bolstered by hopes of better job and credit conditions, a recently released survey showed.
To read the full story, please click here

The Wall Street Journal
High default rate seen for modified mortgages
Fitch Ratings Ltd. forecasts that most borrowers who get lower mortgage payments under a federal government program will default within 12 months.
To read the full story, please click here

Sacramento Bee
Short sales – and ways to exploit them – rise in Sacramento
Every for-sale sign tells a story. These days, most tell about trouble making the house payment.
To read the full story, please click here