Archive for September, 2010

Foreclosures sell at 26% discount

Continue Reading Add comment September 30th, 2010

Homes lost to foreclosure now make up a quarter of the real estate market — and they’re selling at big bargains.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/KPSRQMU9nLc” height=”1″ width=”1″/ Read more »

Home prices up, but growth rate slows

Continue Reading Add comment September 28th, 2010

Home prices have risen for five straight months, but the rate of growth has slowed, according to an industry report released Tuesday.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/IcV-akR-Tn8″ height=”1″ width=”1″/ Read more »

When ‘cash-in’ refinancing pays off

Continue Reading Add comment September 28th, 2010

At the height of the housing boom, millions of Americans treated their houses like ATMs, pulling out money through “cash-out” refis. Today, with millions of mortgages underwater, money is flowing in the opposite direction.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/HnL7P_PsqYg” height=”1″ width=”1″/ Read more »

Can you afford the yuppie dream house?

Continue Reading Add comment September 27th, 2010

The upper-middle class lifestyle has many trappings, including the house. Here’s what 4-bedroom, 2-bath homes in good neighborhoods cost across the country, according to Coldwell Banker’s annual index.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/6×7ZbdK7BQc” height=”1″ width=”1″/ Read more »

22% of private mortgage mods redefault

Continue Reading Add comment September 24th, 2010

Banks have been ramping up their mortgage modifications, helping out troubled borrowers who can’t qualify for President Obama’s foreclosure-prevention program. Too bad these homeowners redefault at more than twice the rate.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/4KxNwYtJbDk” height=”1″ width=”1″/ Read more »

Home Depot remodels its business

Continue Reading Add comment September 24th, 2010

The home-improvement giant is moving to get its house in order.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/sKmK0oGqzVM” height=”1″ width=”1″/ Read more »

Existing home sales bounce back in August

Continue Reading Add comment September 23rd, 2010

Existing home sales bounced back in August after plunging in the previous month.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/vzF-VlNjYmk” height=”1″ width=”1″/ Read more »

No mortgage mods for many of the jobless

Continue Reading Add comment September 23rd, 2010

Unemployed homeowners cannot count jobless benefits as income when applying for mortgage modifications if they have loans backed by Fannie Mae. That could greatly limit their ability to get a long-term reduction in their monthly payments.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/_wMfDgqWMW0″ height=”1″ width=”1″/ Read more »

California shows signs of rebound

Continue Reading Add comment September 21st, 2010

The national housing market is shrouded in uncertainty. But in California, there are glimmers of stability.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/TOEt_08OuNQ” height=”1″ width=”1″/ Read more »

For sale: Jerry Garcia’s crash pad

Continue Reading Add comment September 21st, 2010

The last home of the Grateful Dead’s lead singer is on the market. The expansive Mediterranean, found in the hills north of San Francisco, is going for a cool $4 million.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/DObB2Sp5faE” height=”1″ width=”1″/ Read more »

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