Seven out of the top 100 metropolitan U.S. housing markets are considered overvalued, compared to four last fall.» Read More
Homebuilders are on a tear this year, jumping nearly 30%, with Nishu Sood, Deutsche Bank, homebuilder analyst.
CNBC's Diana Olick explains how it's possible to use retirement funds to invest in the housing market, specifically in distressed properties.
CNBC's Diana Olick reports on a way to boost your retirement savings by investing in foreclosed homes.
Large scale investors are rushing in with cash on hand and that gives them the upper hand in competition for distressed properties. So how does an individual investor without extra cash lying around, get in? Retirement funds.
While famed investors Warren Buffett and Marc Faber have attracted attention in recent weeks with buy recommendations for physical property in the U.S., strategists caution against gaining exposure to real estate builders’ stocks, calling the recent gains unjustified.
The bank will provide deeper-than-anticipated principal reductions for 200,000 homeowners under newly disclosed terms of a foreclosure settlement with authorities. The New York Times reports.
Whitney Tilson, T2 Partners managing partner, explains why realty company Howard Hughes is attractive now. "We think the book value is very conservatively stated," he says. The Fast Money traders also discuss opportunities in the homebuilding space.
This year is shaping up grimly to be the year that two big American dreams—homeownership and a four-year college education—drop dead and finally get eulogized.
Another day, another double-dose of home price reports, a home sentiment survey and a weekly report on mortgage applications. All seem to point in different directions.
Thousands of foreclosures that were stuck in process due to delays over the so-called "Robo-signing" paperwork scandal are working their way through a revamped banking system and heading toward final bank repossession.
With potentially millions of foreclosed, bank-owned homes coming to the housing market over the next few years, cash-heavy investors are poised to profit, especially when buying in bulk.
Forced by the harsh realities of the real estate market, lenders are increasingly likely to allow defaulting owners to remain in their homes, the New York Times reports.
As home sales begin a slow recovery and potential buyers dip their toes back in real estate's still-troubled waters, many of them face a huge barrier to entry: Negative equity.
Banks are starting to motor through delinquent loans, which led to a jump in foreclosure sales in Q4, reports CNBC's Diana Olick.
Despite huge delays in foreclosure processing last year, following the so-called "robo-signing" paperwork scandal, sales of foreclosed properties still managed to account for nearly one in four home sales.
Housing appears to be rated a “buy” these days, especially among investors, who see a ripe and rising rental market and big potential for income. But is it the right time yet for so-called “organic” buyers to get in?
Fannie Mae and Freddie Mac are under more pressure to allow debt forgiveness since the announcement of a multibillion-dollar foreclosure abuse settlement requiring banks to write down mortgage debt, the New York Times reports.
Barely six hours after billionaire investor Warren Buffett said that if he could he’d like to buy “a couple of hundred thousand single family homes”, the regulator of Fannie Mae and Freddie Mac put about 2500 of theirs up for sale.
Sales of newly built homes are still stumbling along at historically low levels, but builders claim they are beginning to see the light at the end of a very long tunnel. Sales may not be surging back, but in some of the better local economies, buyer interest is.
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.