Housing Foreclosures

More

  • house_money_200.jpg

    Home prices are stabilizing, and new construction is bouncing back, but apparently the U.S. Federal Reserve isn't buying a bullish housing recovery.

  • Flood of Foreclosures

    A flood of foreclosures may be about to hit the market, especially in states that had not seen as many before, reports CNBC's Diana Olick.

  • home_underwater_200.jpg

    As home sale prices rise, overall home equity rises, and consequently more and more mortgages rise from “under water.” 

  • House for sale

    Fannie Mae and Freddie Mac have claimed false “representations and warranties” on thousands of loans sold to them by lenders.

  • home_underwater2_200.jpg

    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

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

  • home_building3.jpg

    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.

  • home_building1.jpg

    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.

  • 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.

  • 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.

  • home_sales13.jpg

    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 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.

  • for-sale-sign-flowers-200.jpg

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

  • homes_for_sale2_200.jpg

    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.

  • 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?

  • 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. 

  • flooded_livingroom_200.jpg

    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.

  • home_underwater_200.jpg

    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.

  • 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.

  • 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.