Foreclosures fall in most U.S. cities Posted: Thu, 28 Jul 2011 05:07:46 EDT
Foreclosures declined in more than 84% of U.S. metro areas during the first half of the year, according to the latest report from RealtyTrac, an online marketer of foreclosed properties. But that doesn't mean these markets are staging a turnaround.
Home prices dip 4.5% Posted: Tue, 26 Jul 2011 11:39:41 EDT
May home prices in 20 major cities dipped 4.5% from one year ago, marking a continued decline in the already battered housing market.
New home sales slip again in June Posted: Tue, 26 Jul 2011 11:23:43 EDT
Sales of new single-family homes slipped for a second month in a row in June, falling short of estimates.
Countrywide borrowers to get $108 million in refunds Posted: Wed, 20 Jul 2011 14:28:08 EDT
The FTC said nearly half a million consumers who were overcharged for services and fees by the mortgage lender will receive refund checks.
America's ugliest homes Posted: Tue, 19 Jul 2011 17:03:26 EDT
HomeVestors, the company that buys beat-up homes, fixes them up and resells them, is looking for the nation's ugliest home. Here are six candidates.
Zillow shares pop in IPO Posted: Wed, 20 Jul 2011 16:28:32 EDT
Shares of real estate site Zillow shot up 120% early in its public debut Wednesday, though they cooled a bit as the day continued.
Existing home sales dip in June Posted: Wed, 20 Jul 2011 11:20:38 EDT
Sales of existing homes dipped in June as buyers unexpectedly backed out of contracts, according to the Realtors group.
Short sale fraud plagues housing market Posted: Thu, 14 Jul 2011 16:36:02 EDT
Scammers are ripping off mortgage lenders by tens of thousands of dollars -- sometimes in a matter of hours.
Formula 1 heiress buys Spelling mansion for $85 million Posted: Fri, 15 Jul 2011 17:43:57 EDT
One of the most expensive homes of all time, the 56,500-square foot Spelling Manor, sold for a very steep discount Thursday -- $85 million -- or 43% off the original asking price.
False hopes for the housing market Posted: Thu, 14 Jul 2011 10:26:10 EDT
RealtyTrac's latest data shows a 29% drop in foreclosure filings, but the housing market is far from staging a recovery.
10 best cities to buy a rental property Posted: Sat, 16 Jul 2011 08:20:10 EDT
Low home prices and relatively strong rents are expected to make real estate investors in these cities some healthy profits over the next few years.
Obama's housing scorecard Posted: Fri, 08 Jul 2011 10:58:02 EDT
The Obama administration has announced yet another initiative to help struggling homeowners avoid foreclosure.
Getting a mortgage with so-so credit Posted: Tue, 05 Jul 2011 14:55:21 EDT
Getting a mortgage can be tough these days -- even people with near-perfect credit have been rejected for loans. But for some lucky borrowers, things aren't as bad as the doom-and-gloom crowd says.