Why it is more important than ever today, as both a buyer and a seller, to know your market well and know its housing value even better.» Read More
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.
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.