Continue Reading Add comment February 24th, 2010 01:41pm John
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″/
Continue Reading Add comment February 24th, 2010 09:14am John
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″/
Continue Reading Add comment February 23rd, 2010 01:59pm John
Home prices fell just 2.5% during the last three month of 2009 compared with the fourth quarter of 2008, according to a closely watched gauge of home price movement. That was a big improvement over the past three years.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/q2jk95lhn1M” height=”1″ width=”1″/
Continue Reading Add comment February 22nd, 2010 01:45pm John
Lowe’s reported a better-than-expected profit for the fourth quarter on Monday, and the nation’s second-largest home-improvement retailer indicated that 2010 would be a better year for the housing market.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/VhKtHsvL75w” height=”1″ width=”1″/
Continue Reading Add comment February 19th, 2010 07:26pm John
Under pressure to do more for troubled homeowners, President Obama is expected to announce on Friday a $1.5 billion program to help borrowers in the five states hit hardest by the housing crisis.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/E2E9QjeYI8k” height=”1″ width=”1″/
Continue Reading Add comment February 19th, 2010 05:49pm John
The recent spike in the number of delinquent Federal Housing Administration-insured loans has some people worried that taxpayers will eventually have to bail the agency out.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/-gvOcTOcd80″ height=”1″ width=”1″/
Continue Reading Add comment February 19th, 2010 12:51pm John
The mortgage market may have begun to turn: Fewer borrowers fell behind on their payments during the last three months of 2009.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/DzzUAqQSWwc” height=”1″ width=”1″/
Continue Reading Add comment February 18th, 2010 01:49pm John
One year after President Obama unveiled an ambitious plan to help struggling homeowners, more than 116,000 borrowers have received long-term reductions in their mortgage payments through January.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/FmiMVudFAds” height=”1″ width=”1″/
Continue Reading Add comment February 17th, 2010 02:13pm John
Dusan Tatomirovic found a steal when he bought a foreclosed condo just north of Monterey, Calif., last April for $130,000.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/pFak70URrvU” height=”1″ width=”1″/
Continue Reading Add comment February 17th, 2010 12:23pm John
The road to homeownership was hard for Valatisha Jacinto.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/sPyizoikpWo” height=”1″ width=”1″/