Archive for February, 2012

Michael Jordan selling home for $29 million

Continue Reading Add comment February 29th, 2012

The NBA star is selling his 56,000 square-foot contemporary estate, basketball court included.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/oFNwx1q4uqU” height=”1″ width=”1″/ Read more »

Uncle Sam wants you to rent out its foreclosed homes

Continue Reading Add comment February 29th, 2012

Want to become a landlord in one of the nation’s hardest-hit foreclosure neighborhoods? Well, Uncle Sam has a deal for you.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/GuRD0-vQjq4″ height=”1″ width=”1″/ Read more »

Housing settlement details due out this week

Continue Reading Add comment February 28th, 2012

Final details are due out this week in the $26 billion settlement to help struggling homeowners and settle charges of abusive and negligent foreclosure practices, according to President Obama’s housing chief.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/w-60-UVqzsA” height=”1″ width=”1″/ Read more »

Home prices are lowest since 2002

Continue Reading Add comment February 28th, 2012

National home prices fell 4% in the fourth quarter of 2011, putting them back at levels last seen in mid-2002.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/VWoAKh9XWnY” height=”1″ width=”1″/ Read more »

FHA to hike premiums on mortgages

Continue Reading Add comment February 28th, 2012

In an effort to bolster its capital reserves, the Federal Housing Administration is planning to hike the insurance premiums it charges borrowers.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/Vli5joaX_4k” height=”1″ width=”1″/ Read more »

Your Jetsons home is almost here

Continue Reading Add comment February 28th, 2012

In the classic 1960s animated sitcom The Jetsons, everything in the space-age family’s home could be controlled by the press of a button on a remote control.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/Sn3HlwBzDrk” height=”1″ width=”1″/ Read more »

Why the Fed can’t fix housing

Continue Reading Add comment February 27th, 2012

Housing is still one of the biggest drags on U.S. economic growth, but don’t look to the Federal Reserve for help. The central bank may have few tools left to fix it.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/hRzZ_7HZJ94″ height=”1″ width=”1″/ Read more »

New home sales exceed expectations

Continue Reading Add comment February 24th, 2012

New home sales exceeded forecasts in the latest government readings Friday, another sign of a long-awaited recovery in the battered housing market.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/uD-Fb1S0sxE” height=”1″ width=”1″/ Read more »

Why the settlement is a fair deal

Continue Reading Add comment February 24th, 2012

Shaun Donovan is the Secretary of the U.S. Department of Housing and Urban Development.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/8tUIf3RbsS8″ height=”1″ width=”1″/ Read more »

30-year mortgage rate rises above record low

Continue Reading Add comment February 23rd, 2012

The 30-year fixed mortgage rate rose for the first time in four weeks, relinquishing its all-time record low amid news that the housing market is showing some signs of improvement.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/5qGuCHj6Z-8″ height=”1″ width=”1″/ Read more »

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