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Recent News:

Green homes face a red light

Lots of people, especially those trying to battle high utility bills, believe in energy-efficient homebuilding.

Posted on 10 March 2010 | 1:03 am

Can't make your mortgage? Get an emergency loan

Erin and Robert Smith had no problem handling the $2,000 monthly payment on their home ... until they lost their jobs.

Posted on 8 March 2010 | 1:37 pm

Cashing in on the condo bust

Great bargains abound, but you have to shop carefully.

Posted on 8 March 2010 | 11:52 am

A plan to save commercial real estate

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.

Posted on 5 March 2010 | 1:19 pm

Rush Limbaugh wants $14 million for his NYC penthouse

Conservative radio host Rush Limbaugh is saying adios to the Big Apple and selling his Fifth Avenue penthouse, asking almost $14 million.

Posted on 3 March 2010 | 11:27 am

Nab a real estate deal - while you still can

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.

Posted on 3 March 2010 | 3:46 am

Fannie to U.S.: We need another $15.3 billion

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.

Posted on 26 February 2010 | 3:36 pm

Existing home sales drop

Sales of existing homes unexpectedly fell in January, according to an industry report published Friday.

Posted on 26 February 2010 | 8:41 am

Mortgage servicers offer aid plan for jobless

The Mortgage Bankers Association proposed a forbearance program Wednesday aimed at helping the unemployed pay their mortgages for up to nine months.

Posted on 25 February 2010 | 2:16 pm

Duck! Watch out for falling home prices

Despite signs that the real estate market might be lurching forward, prices are expected to fall further this year.

Posted on 25 February 2010 | 7:09 am

New home sales fall to a record low

Sales of new homes plunged in January to the lowest level on record, government figures showed Wednesday.

Posted on 24 February 2010 | 9:41 am

Nearly 25% of all mortgages are underwater

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.

Posted on 24 February 2010 | 5:14 am

Home prices fall another 2.5%

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.

Posted on 23 February 2010 | 9:59 am

The boy who cried housing recovery!

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.

Posted on 22 February 2010 | 9:45 am

$1.5 billion in housing help coming to 5 states

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.

Posted on 19 February 2010 | 3:26 pm

Late FHA loans spike 62%

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.

Posted on 19 February 2010 | 1:50 pm

Is the mortgage market starting to heal?

The mortgage market may have begun to turn: Fewer borrowers fell behind on their payments during the last three months of 2009.

Posted on 19 February 2010 | 8:51 am

Your landlord got foreclosed. Do you have to go?

Renting a home that is going through foreclosure? If so, don't be fooled: Lenders can't kick you out; they have to honor the terms of your lease.

Posted on 18 February 2010 | 10:57 am

America's most overvalued cities

Don't say we didn't warn you.

Posted on 27 January 2010 | 4:56 am

Foreclosures: How bad is your state?

Posted on 5 March 2009 | 9:34 am