Housing Foreclosures


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    As of July, 22.4 percent of homeowners with a mortgage owed more than their home was worth, according to a new report from Lender Processing Services.

  • Fannie Mae Closes First REO Bulk Deal Monday, 10 Sep 2012 | 11:25 AM ET
    Fannie Mae Closes First REO Bulk Deal

    CNBC's Diana Olick reports Pacifica Companies bought 699 Fannie Mae properties in the first round of foreclosures.

  • Are Construction Job Losses All About Pay? Friday, 7 Sep 2012 | 10:26 AM ET

    Despite rising demand for newly built homes, construction employment in August remained flat, stuck at the same paltry pace for the past four months. The numbers don’t make a lot of sense at face value, given that housing starts are up in both single and multi-family, and builders are reporting big jumps in new orders for homes.

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    After losing 70 percent of their business in the housing crash, the nation's home builders are breaking ground again. New orders for homes are rebounding strongly - unfortunately, in some areas, the workers to build these homes are not.

  • Rent Spikes Begin to Ease Wednesday, 5 Sep 2012 | 9:51 AM ET
    Home For Rent

    “Rents had been on fire earlier this year, but some of the hottest rental markets are starting to cool,” said Jed Kolko, Trulia’s Chief Economist.

  • Home Prices Are Not Rebounding as Fast as You Think Tuesday, 4 Sep 2012 | 12:00 PM ET
    Sold sign

    Home prices nationally are in real recovery, but the factors pushing those numbers may not be real organic strength in the housing market.

  • Why Aren't Candidates Talking More About Housing? Thursday, 30 Aug 2012 | 1:17 PM ET

    There has been plenty of political talk about the economy this week, but precious few words about one of the biggest drags on the economy: housing. 

  • Foreclosure Sales Fall Sharply in Second Quarter Thursday, 30 Aug 2012 | 8:46 AM ET
    Foreclosure Sign

    Sales of bank-owned homes and those already on the foreclosure path fell sharply in the second quarter, reflecting a thinner slate of properties for sale in many cities.

  • Nunziata: What Shape Is the Housing Market Really In? Wednesday, 29 Aug 2012 | 3:47 PM ET

    Is the housing market as bad as some may lead us to believe?

  • Pending Home Sales Beat Expectations in July Wednesday, 29 Aug 2012 | 10:00 AM ET

    Despite expectations of a drop-off in home sales this fall, a forward-looking indicator shows a growing number of buyers are jumping back into the housing market.

  • How Investors Are Skewing Home Price Recovery Tuesday, 28 Aug 2012 | 11:36 AM ET
    Home for sale, real estate, reduced price

    Does the latest rise in home prices finally signal a real recovery in the housing market? Or are other factors at work?

  • As Housing Recovers, Will Apartment Boom End? Monday, 27 Aug 2012 | 1:40 PM ET
    Apartment Building

    If the worst is over for the housing market, then we have to ask what effect that will have on the recently booming apartment sector. 

  • Half of Homeowners Under 40 Are Still Underwater Friday, 24 Aug 2012 | 8:28 AM ET

    Younger borrowers have had less time to build equity. The good news is they tend to be less underwater and more likely to be current with their payments.

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    The number of homeowners "underwater" on their mortgages fell in the second quarter, according to a new Zillow report, but these mortgages are still a drag on the housing market.

  • The Credit Crunch: The Best and Worst States Monday, 20 Aug 2012 | 12:55 PM ET
    Las Vegas

    A survey of credit conditions in each of the 50 states found a considerable difference in the credit profiles of the best and worst states.

  • Cautious Moves on Foreclosures Haunting Obama Monday, 20 Aug 2012 | 10:03 AM ET
    U.S. President Barack Obama greets Treasury Secretary Timothy Geithner as the president enters the House to give his first State of the Union speech

    The nation’s painfully slow pace of growth is now the primary threat to President Obama’s bid for a second term, and some economists and political allies say the cautious response to the housing crisis was the administration’s most significant mistake, The New York Times reports.

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    “We see this as a positive for housing, as it ensures that Fannie and Freddie will remain in business,” writes Jaret Seiberg of Guggenheim Partners.

  • US Home Builders Begin to See Credit Thaw Thursday, 16 Aug 2012 | 12:10 PM ET
    Home Construction

    The U.S. home building industry is finally coming off its lowest volumes ever, albeit in fits and slow starts.

  • Risky Mortgage Bonds Making a Comeback: Pro Thursday, 16 Aug 2012 | 6:48 AM ET

    The U.S. housing market is showing signs of recovery and investors should be looking at non-agency mortgages, the very asset class that prompted the global financial crisis, according to Gregory Perdon, Co-Chief Investment Officer at Arbuthnot Latham & Co.

  • Home Improvement Shows Gains—But May Not Last Tuesday, 14 Aug 2012 | 1:22 PM ET
    Home Depot

    Though some analysts claim the housing market is rebounding, others caution that there are still severe headwinds that could affect home improvement retailers.