In the latest blow to Obama signature programs, Republicans are now aiming to kill several White House plans aimed at keeping underwater borrowers in their homes. Read more
The new year has brought little cheer to new-home builders: Their sales fell a shocking 11.2% between December and January and 18.6% from 12 months earlier. Read more
Home prices are down but sales are up, somewhat contradictory trends. Read more
Sales of existing homes recorded modest gains in January, the third straight month of month-over-month increases. Read more
Home prices took a big hit at the end of 2010, even as the rest of the economy gained steam. Read more
It's your vacation. Where would you prefer to return to after a busy day, a cramped hotel room or a real home with a cushy sofa, a patio and a refrigerator to raid? Read more
Mortgage-backed securities are back, but Moody's, Standard & Poor's, and Fitch are approaching their job rating them with very different tactics. Read more
People selling second homes in sunny locations couldn't have asked for a better marketing pitch than the winter of 2011. With snow turning Northern roads into ice rinks and closing airports and schools, the Sunbelt would seem to be more desirable than ever. The only glitch is the real estate hangover from the Great Recession. Read more
Mortgage delinquency rates among U.S. homeowners have fallen to their lowest levels in a few years, according to a report Thursday from the nation's mortgage bankers. Read more
New home construction rose in January, but permits for future building declined during the month, the government reported Wednesday. Read more
President Obama's plan to limit two popular deductions for wealthy taxpayers will hit a wall of resistance from entrenched special interests. Read more
Adjustable rate mortgages are back! Read more
The Obama administration on Friday officially unveiled its plan to remake the mortgage market and reduce the government's role in housing finance by winding down Fannie Mae and Freddie Mac. Read more
It's time to say hello to 5% loans. Read more
Home sales volume rose sharply in the final three months of 2010, aided by more stable prices on a year-over-year basis, a real estate industry group said Thursday. Read more
Sometime, somehow, the foreclosure crisis will ease. But probably not anytime soon. Read more
More than half a million Americans have received permanent mortgage modifications from the Obama administration's flagship foreclosure prevention program, the Home Affordable Modification Program. Read more
Las Vegas is once again the foreclosure king. Read more
New home sales climbed 17.5% in December to the highest level in eight months, the government reported Wednesday. Read more
Housing markets will remain flat, flat, flat in 2011, according to forecasts from the Mortgage Bankers Association. Read more
Not long ago, you could have your big remodeling project and get your money back too. Owners recouped an average of 87% of home improvement costs at resale in 2005, according to Remodeling magazine. Read more
A luxury suite at the W Hotel in Dallas is as good a place as any to conquer the world. At least it seemed that way in 2007 when Tobechi Onwuhara got the crew together. They'd meet there often, seven or eight of them. Some had nicknames from the Ian Fleming lexicon: C, Q, and E. Others were called Mookie, Orji, Uche. They would spread out on designer sofas and at the wet bar, open three-ring binders, and fire up laptops with hard-to-trace wireless cards. On a nearby table there'd be prepaid cellphones with area codes taped to them. A phone for Southern California. A phone for Northern Virginia. A phone for any place Onwuhara had found the "good money." Read more
You've heard of McMansions, but what about Frankenhouses? Read more
Sales of existing homes jumped in December, marking the fifth month of gains in the past six months, based on an industry report released Thursday. Read more
There is a growing glut of foreclosed homes threatening to hit the market over the next couple of years, potentially delaying any recovery. Read more