Archive for July, 2010

Rise of the renting class

Continue Reading Add comment July 29th, 2010

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″/ Read more »

Foreclosures climb in 75% of metro areas

Continue Reading Add comment July 29th, 2010

Foreclosure filings climbed in 75% of the nation’s metro areas during the first half of 2010, according to a report issued Thursday.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/-L5OSf-4w7c” height=”1″ width=”1″/ Read more »

For sale: Dennis Hopper’s compound

Continue Reading Add comment July 28th, 2010

The “Easy Rider” left us earlier this year. Now his stunning Venice, Calif., compound is on the market - for $6.25 million.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/Xyho7WGHW0o” height=”1″ width=”1″/ Read more »

Housing: Wall Street 1; Cleveland 0

Continue Reading Add comment July 28th, 2010

The City of Cleveland’s long-standing battle to pin its housing woes on Wall Street may have finally gone bust.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/WBM5KLLUW3U” height=”1″ width=”1″/ Read more »

Advice for the reluctant landlord

Continue Reading Add comment July 28th, 2010

With plans to start a family, Michael and Becky McCullough, 33 and 31, wanted more space. So last year they snapped up a four-bedroom foreclosure in Brookhaven, Ga., for $480,000.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/JrSVH8aHnTE” height=”1″ width=”1″/ Read more »

Home ownership falls to lowest level in 11 years

Continue Reading Add comment July 27th, 2010

The number of Americans who own homes fell in the second quarter of the year to the lowest level since 1999, said a government survey released Tuesday.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/MGfjUuqCBDw” height=”1″ width=”1″/ Read more »

New home sales rebound 24%

Continue Reading Add comment July 26th, 2010

New home sales rebounded in June from the record low hit the previous month but remained sluggish.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/tE7X3TnJg5s” height=”1″ width=”1″/ Read more »

Existing home sales fall 5.1%

Continue Reading Add comment July 26th, 2010

In the latest sign of renewed turbulence in the housing market, an industry group said Thursday that sales of existing homes fell 5.1% in June.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/9GzUDOfWojg” height=”1″ width=”1″/ Read more »

Bankruptcy can save your house from foreclosure

Continue Reading Add comment July 24th, 2010

Slick TV commercials and online ads tell delinquent borrowers that they can save their homes by filing for personal bankruptcy. But is it true — or just too good to be true?img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/Y6t7jPDL8aI” height=”1″ width=”1″/ Read more »

For sale: Jim Morrison’s L.A. bungalow

Continue Reading Add comment July 23rd, 2010

Yes, Jim Morrison is still dead. But the rock star’s L.A. house is up for sale - and it can be can be yours for a cool $1.2 million.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/PA01r4o1-Uc” height=”1″ width=”1″/ Read more »

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