One-third of all U.S. properties sold in March went at or above asking price. That's hot. So how do you emerge the winner in a bidding battle?» Read More
Members of a House-Senate committee charged with writing a measure to extend a payroll tax reduction and provide added unemployment benefits reached a tentative agreement Tuesday evening, with Republicans and Democrats claiming a degree of political victory in a fight with significant election-year implications, the New York Times reports.
Short sales have been increasing for months, but the financial incentives — which Realtors say are random and infrequent — are a newer wrinkle. USA Today reports.
Big-money investors are returning to the same complex loan pools that nearly washed away the financial system. Why? They're cheap.
Morgan Stanley says as many as 1.8 milion real estate related jobs will be created as investors convert foreclosed homes to rentals. Insight with Oliver Chang, Morgan Stanley head of U.S. housing strategy/research.
The housing market in the south of the United States is among the most attractive asset classes in the world, Marc Faber, the editor of the Gloom Boom & Doom Report, told CNBC on Friday.
CNBC's DIana Olick has the details on mortgage delinquencies and foreclosures.
After a year-long reprieve from rising foreclosures, the numbers are going up again.
CNBC's Diana Olick has the details on the National Association of Home Builder's monthly sentiment index showing a big jump from 25 to 29.
2011 was the worst year on record for the nation's builders, in sales and starts, but demand is slowly returning, and the concern is that when demand really surges in the coming years, there will be too little supply to meet it.
CNBC's Diana Olick takes a look at the top issues for builders, which include financing for future developments.
Shaun Donovan, the Secretary of the U.S. Department of Housing & Urban Development, discusses the "landmark" $25 billion mortgage settlement with top U.S. banks to help homeowners who have gone underwater on their mortgage payments.
When foreclosures were fast and furious, some cities experienced more than their share of the pain. Check out which American cities made this year’s list of the top 10 turnaround towns.
President Barack Obama addressed the biggest federal/state settlement in U.S. history, in which U.S. banks will provide $26 billion in relief to distressed homeowners and states.
It took more than a year to strike a deal, but here it is, the biggest government-industry settlement in history, surpassing even big tobacco.
Homeowners who kept up on their payments would lose while those who fell behind would win under an apparent deal between big banks and state governments, banking analyst Dick Bove said.
The assumption from this deal is that the government should give away houses for free, says Richard Bove, Rochdale Securities vice president of equity research. Bove adds the mortgage deal is unfair to those who pay their bills.
Barely two weeks into a new government program that allows severely underwater borrowers with loans backed by Fannie Mae and Freddie Mac to refinance their loans to lower rates, the numbers are surging.
Attorneys general from more than 40 states have signed on to a proposed settlement agreement with five of the nation's largest mortgage servicers over “robo-signing” foreclosure processing abuses, according to the lead negotiator, Iowa Attorney General Tom Miller.
When home prices were flying high, one sports marketing executive compiled a dossier of improprieties on one of the giants of the business, Fannie Mae, and share it with the mortgage giant. But there is little evidence that Fannie Mae’s management or board ever took serious action, the New York Times reports.
CNBC's Larry Kudlow reports, according to Politico, Mitt Romney's debate coach was dumped due to internal tensions; Micron Technology's CEO, Steve Appleton died when the experimental plane he was piloting crashed; New York's AG is suing three big banks for an using electronic mortgage registry to fake documents in foreclosure proceedings; and the Susan G. Komen Foundation has reversed its decision to cut funding of Planned Parenthood.