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Real Estate News
Housing market slump may stretch further
Tuesday, July 8, 2008
Signs are emerging that the U.S. housing market's long slump is likely to continue through the summer, and may not recover for at least another year. .. read more..
Paulson: Many foreclosures can’t be prevented
Tuesday, July 8, 2008
Faced with record-high foreclosures, the Bush administration has been scrambling to help some distressed homeowners stay in their homes but many others can't be saved, Treasury Secretary Henry Paulson said Tuesday. .. read more..
Pending home sales fall 4.7 percent
Tuesday, July 8, 2008
The National Association of Realtors says pending U.S. home sales dipped in May as the housing market continues to struggle. .. read more..
TODAY: Buy or sell your home despite the economy
Monday, July 7, 2008
.. read more..
Hope Now helps fewer homeowners in May
Wednesday, July 2, 2008
The pace of the mortgage industry's efforts to assist troubled borrowers declined in May, as critics questioned lenders' progress in aiding U.S. homeowners facing foreclosure. .. read more..
Wachovia quits offering risky mortgage loan
Monday, June 30, 2008
Beleaguered consumer bank Wachovia Corp. will quit offering a mortgage payment option that allows borrowers to pay less each month than the bank charges in interest. .. read more..
Answer Desk: Who owns my mortgage?
Monday, June 30, 2008
Homeowners with mortgage troubles get similar advice wherever they turn: contact your lender. But, for many, that's not as easy as it sounds. .. read more..
Foreclosure stigma haunts would-be renters
Friday, June 27, 2008
As foreclosures rise across the country, more apartment owners are seeing an increase in the number of rental applicants with derogatory mortgage histories. .. read more..
Existing-home sales edged up in May
Thursday, June 26, 2008
Sales of existing homes edged up slightly in May, although median prices continued to fall. It was only the second sales increase in the past 10 months and was not viewed as a sustained rebound. .. read more..
Rising rates could slow housing recovery
Thursday, June 26, 2008
With home prices battered by lagging sales and a slumping economy, this may seem like a good time to get a deal on real estate. But there’s a hitch: Mortgage rates are heading higher. .. read more..
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