Living near good schools costs $200K more

Continue Reading Add comment April 19th, 2012 09:18am John

Home values are $205,000 higher, on average, in neighborhoods with high-scoring public schools versus schools with low scores, according to a new report issued by the Brookings Institution.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/MpXqgpeyZa8″ height=”1″ width=”1″/

New rules will speed up short sales

Continue Reading Add comment April 19th, 2012 07:08am John

The Federal Housing Finance Agency laid out new rules aimed at speeding up the short sale process, a move that could keep many homes from falling into foreclosure.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/Xifyv5WH7KU” height=”1″ width=”1″/

New-home construction takes a pause

Continue Reading Add comment April 17th, 2012 09:22am John

After a strong start to the year, home builders have pared back, according to a report from the Census Bureau.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/2NVlpolqxJM” height=”1″ width=”1″/

Flood of foreclosures coming

Continue Reading Add comment April 13th, 2012 12:57pm John

The golden age for foreclosure squatters may soon be coming to an end now that the $26 billion mortgage settlement has been approved.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/djNJMS57KAo” height=”1″ width=”1″/

Mortgage rates tumble back into record territory

Continue Reading Add comment April 12th, 2012 04:11pm John

Mortgage rates fell this week, with the 15-year fixed rate hitting yet another record low, amid news of weak job growth during the month of March.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/NqXlK7ipdrA” height=”1″ width=”1″/

Underwater owners get promise of help

Continue Reading Add comment April 11th, 2012 11:24am John

If falling prices have left you with a mortgage bigger than your home’s value, you may soon be able to refinance at a lower rate.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/T9DA996jSQg” height=”1″ width=”1″/

Still resisting principal reductions

Continue Reading Add comment April 11th, 2012 10:40am John

Allowing Fannie Mae and Freddie Mac to offer principal reductions may save taxpayers money thanks to enhanced government incentives, a preliminary analysis released Tuesday shows.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/bdZkCj8JRnw” height=”1″ width=”1″/

Court approves $26 billion foreclosure settlement

Continue Reading Add comment April 10th, 2012 12:26pm John

A federal judge approved the $26 billion settlement deal reached between the nation’s five largest mortgage lenders and the attorneys general of 49 states and the District of Columbia over abuses in foreclosure processing.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/cm6QffxSB3g” height=”1″ width=”1″/

Mortgage servicers targeted by new rules

Continue Reading Add comment April 10th, 2012 09:26am John

The Consumer Financial Protection Bureau will announce Tuesday that it’s considering new rules aimed at mortgage servicers to help protect consumers against “costly surprises.”img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/It-xBcxJXP0″ height=”1″ width=”1″/

America’s biggest house is on the block

Continue Reading Add comment April 9th, 2012 11:39am John

Versailles — no, not the one in France but this one in Windermere, Fla. — is for sale for $65 million, though half completed. Westgate Resorts founder David Siegel halted construction on his 90,000-square-foot dream house after the financial crisis buffeted his time-share biz. The home is the subject of a new documentary: The Queen of Versailles.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/TOCdVhZDo3Q” height=”1″ width=”1″/

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