Foreclosures rise in July
The latest foreclosure numbers carried a mixed message: They're up 3.6% from the month before but down 9.7% from 12 months earlier.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/qTcwhAuxnTo" height="1" width="1"/
August 12, 2010 | Filed Under News | Leave a Comment
Home prices slowly creeping up
The weak economy and continued high unemployment have kept housing markets cool. As a result, the median price of a single-family home crept up just 1.5% to 176,900 in the three months ended June 30, according to a report released Wednesday by the National Association of Realtors.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/zv5FHEN5Y_M" height="1" width="1"/
August 11, 2010 | Filed Under News | Leave a Comment
$3 billion more for jobless homeowners
The Obama administration is making $3 billion in additional funds available to help troubled homeowners avoid foreclosure.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/sSVLurWy63s" height="1" width="1"/
August 11, 2010 | Filed Under News | Leave a Comment
20% of mortgages are underwater
More than 20% of the nation's mortgage borrowers owe more than their homes are worth.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/62eJNMd4u70" height="1" width="1"/
August 9, 2010 | Filed Under News | Leave a Comment
Fannie Mae narrows loss, but asks for more aid
Fannie Mae says that its financial condition has vastly improved over previous quarters, but the mortgage finance company still requested more government assistance.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/Jx1soQS2spk" height="1" width="1"/
August 6, 2010 | Filed Under News | Leave a Comment
3 cheap ways to make your old kitchen feel new
Shelved plans for that $50,000 kitchen remodeling until the economic recovery actually starts to feel like a recovery?img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/liRfUUuRVJg" height="1" width="1"/
August 6, 2010 | Filed Under News | Leave a Comment
Vulture investors: Back and making a bundle
These are the glory days of the residential real estate investor. Low prices, rock-bottom interest rates and stable rental markets have created huge buying opportunities.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/ZrmqPIOL9AY" height="1" width="1"/
August 5, 2010 | Filed Under News | Leave a Comment
Bulls tiptoe into homebuilder stocks
It takes a lot of courage to be a bull on homebuilder stocks these days. They exist, for sure. And they aren't on mind-bending drugs. In fact, they see the world much as the housing stock bears do. You won't find any uplifting messages in their reports on the economy and housing.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/IAqBxNBRqW4" height="1" width="1"/
August 2, 2010 | Filed Under News | Leave a Comment
Condos for less than the cost of a Corolla
The housing bust has made owning a home a lot more affordable -- but in some places, prices are extraordinary; you can buy a nice condo for less than the cost of a new family car.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/mmyOKZ6bXbw" height="1" width="1"/
August 2, 2010 | Filed Under News | Leave a Comment
Rise of the renting class
Modern America has long paired the "America Dream" with home ownership. The idea of staying put, paying property taxes and periodically mowing the lawn belonged to citizens who were somehow more American than the poor saps who could only afford to rent the place they called home.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/HmSFOA7nbTs" height="1" width="1"/
July 29, 2010 | Filed Under News | Leave a Comment