Continue Reading Add comment March 8th, 2010
Erin and Robert Smith had no problem handling the $2,000 monthly payment on their home … until they lost their jobs.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/OxUZuDaKM0s” height=”1″ width=”1″/ Read more »
Continue Reading Add comment March 5th, 2010
Economists have long been predicting commercial real estate could be the next day of reckoning for the financial markets, with a wave of defaults looming as billions of dollars in troubled loans come due in the coming months.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/Q1QNfxwwM9g” height=”1″ width=”1″/ Read more »
Continue Reading Add comment March 3rd, 2010
Conservative radio host Rush Limbaugh is saying adios to the Big Apple and selling his Fifth Avenue penthouse, asking almost $14 million.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/rAuDqV6lIgc” height=”1″ width=”1″/ Read more »
Continue Reading Add comment March 3rd, 2010
If you’ve been holding off on a real estate purchase, glimmers of a turnaround in the housing market may have you wondering if it’s finally time to make your move.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/wsz1Yki0DQ4″ height=”1″ width=”1″/ Read more »
Continue Reading Add comment February 26th, 2010
Battered by the housing crisis, mortgage finance company Fannie Mae said Friday that it needs another $15.3 billion in bailout money from the federal government.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/J6cESxSze_I” height=”1″ width=”1″/ Read more »
Continue Reading Add comment February 26th, 2010
Sales of existing homes unexpectedly fell in January, according to an industry report published Friday.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/r9Lyevl1DfM” height=”1″ width=”1″/ Read more »
Continue Reading Add comment February 25th, 2010
The Mortgage Bankers Association proposed a forbearance program Wednesday aimed at helping the unemployed pay their mortgages for up to nine months.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/jxCNThvxMv4″ height=”1″ width=”1″/ Read more »
Continue Reading Add comment February 25th, 2010
Despite signs that the real estate market might be lurching forward, prices are expected to fall further this year.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/VMc2dnTuCjQ” height=”1″ width=”1″/ Read more »
Continue Reading Add comment February 24th, 2010
Sales of new homes plunged in January to the lowest level on record, government figures showed Wednesday.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/wuatysMSfJo” height=”1″ width=”1″/ Read more »
Continue Reading Add comment February 24th, 2010
More bad news on the housing bust front: Nearly 25% of all mortgage borrowers were underwater, meaning they more on their loans than their homes are worth.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/8hmx4txw6Ak” height=”1″ width=”1″/ Read more »
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