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Delays in foreclosure proceedings and a new push by big banks and servicers to find foreclosure alternatives is drawing a new, albeit still troubling picture of the nation's real estate market.
CNBC's Diana Olick breaking down the numbers from today's national association of home builders. Also, a look at real estate issues in key cities, with Jenifer McKim, Boston Globe; Toluse Olorunnipa, Miami Hearld; and Buck Wargo, Las Vegas Sun
Falling home prices may be plaguing the US economy, but they are candy to foreign investors, who already have a weak dollar on their side. Buyers from overseas spent roughly $41 billion on US residential real estate last year, a bump up from the previous year. US real estate agents report a surge this Spring especially, as foreign buyers see continued pressure on home prices and ample bargains.
A look at lessons the big bank learned from the housing crisis, with CNBC's Mary Thompson.
Navigating the foreclosure overhang, with Sanjiv Das, CitiMortgage CEO, and CNBC's Mary Thompson
As big banks and Fannie Mae and Freddie Mac push foreclosures through the pipeline, the inventory of bank-owned properties is rising. They're offering incentives for buyers, but investors are getting squeezed out of the equation.
CNBC's Diana Olick has the detailson Fannie Mae offering new incentives to unload its inventory of over 150,000 REO properties and the foreclosure process taking longer in California.
What happens to the mortgage market over the next two, five or ten years as foreclosures continue to pile up and Fannie and Freddie haven't been reformed? Insight with CNBC's Mary Thompson.
The housing market in many US cities is performing better than recently released national data would suggest, leading some analysts and real estate brokers to express cautious optimism about the prospects for a recovery, reported the FT.
A look at the challenges in the tough real estate climate and where opportunities lie, with Debra Cafaro, Ventas Inc. president/CEO and CNBC's Diana Olick.
Will home values continue to sink or will the laws of supply and demand kick in to help keep the housing market and our still recovering economy afloat? Insight with Brian Wesbury, First Trust Advisors; Stephen Meister, Meister, Seelig & Fein, and CNBC's Diana Olick.
CNBC's Diana Olick breaks down the latest Case/Shiller data, showing home prices are way down, and not expected to get better anytime soon. Also, a look at the fallout for banks due to the decline in housing, with Paul Miller, FBR Capital Markets; and Peter Boockvar, Miller Tabak.
Keeping your fingers crossed for the housing market is just the tip of the iceberg. Prices have now fallen, on the S&P/Case Shiller Index, more than they did during the Great Depression.
Discussing strategies for homeowners who are trying to sell their homes or are struggling to keep up with their mortgages, with Steve Chaouki, TransUnion.
Earlier this week, when we got the report of a bump up in sales of newly constructed homes, I cautioned that the home builders are still facing huge competition from distressed properties. Today we have some new numbers showing just how big and how widespread that competition is.
The best number out of today's report on sales of newly built homes is not the 7.3 percent bump up in signed contracts, it's the drop in inventories to a 6.5 month supply.
Home owners could be in for a nasty surprise as borrowing costs return to normal over the medium term, according to Capital Economics.
These companies could actually benefit from home foreclosures, Cramer said.
CNBC's Diana Olick reports on big banks battling principal writedowns; uptick in CMBS securities deals, and Florida's infamous, "rocket docket", an expedited foreclosure system, is running out of money.
The nation’s biggest banks and mortgage lenders have steadily amassed real estate empires, acquiring a glut of foreclosed homes that threatens to deepen the housing slump and create a further drag on the economic recovery, the New York Times reports.