Should you gift your kid a down payment?

15.12.2010 00:01 - source: CNNMoney.com - Real Estate

Ken and Denise Holick had always intended to help their children buy homes. So when their daughter Katie, 26, told them she'd been apartment hunting for weeks in Columbus without turning up any good prospects, Ken threw out an idea: Why not buy? Read more…


House hunters are too scared to buy despite low prices

15.12.2010 00:01 - source: CNNMoney.com - Real Estate

Despite some of the best home-buying conditions in years -- affordable prices, low interest rates and lots of choices -- fear of buying has infected the market. Read more…


Buy a foreclosure - save 30% on the price

15.12.2010 00:01 - source: CNNMoney.com - Real Estate

Foreclosed properties are selling at a discount that can only be described as HUGE! Read more…


Mortgage tax break in the crosshairs

15.12.2010 00:00 - source: CNNMoney.com - Real Estate

Don't even think of touching the mortgage interest tax deduction in the midst of a fragile housing market. Read more…


Home prices fall 2%

01.12.2010 00:01 - source: CNNMoney.com - Real Estate

U.S. home prices fell 2% in the third quarter after having gained steadily since early 2009. Read more…


Foreclosure scandal impact: Sales dry up

01.12.2010 00:01 - source: CNNMoney.com - Real Estate

Big banks are having trouble restarting the foreclosure process after this fall's "robo-signing" scandal, and the once booming market for foreclosed homes has been hit hard as a result. Read more…


New home sales: Down 80% from the boom

29.11.2010 00:01 - source: CNNMoney.com - Real Estate

Don't look to the new home market for glad economic tidings: Home builders had another dismal sales month in October, falling to just one-fifth of the sales rate during the boom five years ago. Read more…


Existing home sales slow down

29.11.2010 00:01 - source: CNNMoney.com - Real Estate

Following a couple of months of gains, sales of existing homes retreated again in October, an industry report said Tuesday. Read more…


Add 2.1 million houses to the glut

29.11.2010 00:01 - source: CNNMoney.com - Real Estate

There's a large number of homes, either already repossessed by lenders or very seriously delinquent, that are poised to be added to the already glutted regular supply of homes on the market. Read more…


Fewer homeowners behind on payments

29.11.2010 00:01 - source: CNNMoney.com - Real Estate

Mortgage delinquency rates dropped in the last three months -- but only because more borrowers had their homes repossessed. You can't be late on your mortgage payment if you've already lost your home. Read more…


Servicers must improve loan modifications, say state AGs

29.11.2010 00:01 - source: CNNMoney.com - Real Estate

As part of a probe into loan servicers' foreclosure practices, state attorneys general want banks to revamp their procedures and stop foreclosure proceedings on homeowners seeking loan modifications. Read more…


Foreclosure mess prompts call for stress tests

29.11.2010 00:01 - source: CNNMoney.com - Real Estate

A Congressional watchdog group said Tuesday that U.S. banks should undergo stress tests to determine whether or not they have enough money to absorb losses that could stem from investigations into their foreclosure processes. Read more…


Repossessions fall 9% in October

15.11.2010 00:00 - source: CNNMoney.com - Real Estate

Foreclosures fell in October, but it's not because fewer people are losing their homes. Instead, the market is seeing a temporary stay from banks freezing foreclose auctions to review loan documents. Read more…


Home sales plummet 25%

15.11.2010 00:00 - source: CNNMoney.com - Real Estate

Any possible housing market recovery hit a snag during the three months ended September 30, as a government tax credit for homebuyers wound down. Read more…


Pay down the mortgage or save for retirement?

15.11.2010 00:00 - source: CNNMoney.com - Real Estate

For more than a year, Kim Champney, 40, and Pat Minick, 41, have been kicking in an extra $650 to their $1,048 monthly mortgage payments. "We don't like carrying a lot of debt," says Minick, who stays home with their three kids, ages 7, 8 and 10. Read more…


Get a high-quality remodel for less

15.11.2010 00:00 - source: CNNMoney.com - Real Estate

Ask any homeowner who has done an improvement on the cheap: You get what you pay for. Second-rate materials don't last and contractors who make low-ball bids rarely deliver fine craftsmanship. Read more…


How one city dodged the recession

15.11.2010 00:00 - source: CNNMoney.com - Real Estate

In most parts of the United States, Americans have lost hope that their homes will restore their value or that unemployment will drop significantly anytime soon. But in the westernmost corner of Texas, there's more than hope -- there's an unlikely building boom happening. The U.S. military base Fort Bliss, covering an area larger than Rhode Island, has become one of America's largest military installations, and that's having a dramatic impact on an otherwise depressed economy. Read more…


What the election means for foreclosures and robo-signing

15.11.2010 00:00 - source: CNNMoney.com - Real Estate

The state attorneys general have been pressing the banks hard over the past month, questioning them over foreclosures and falsified legal paperwork. But Tuesday's election could impact that effort. Read more…


3 ways low mortgage rates can work for you

15.11.2010 00:00 - source: CNNMoney.com - Real Estate

Just when it looked as if mortgage rates couldn't fall any further, they did. Read more…


American dream fades for more as homeownership falls

15.11.2010 00:00 - source: CNNMoney.com - Real Estate

Ongoing economic, financial and housing woes continue to hit Americans where they live -- or used to. Read more…


Obama administration sings new tune on foreclosures

15.11.2010 00:00 - source: CNNMoney.com - Real Estate

The Obama administration is singing a different tune about foreclosures. Read more…


Home prices expected to slide another 8%

15.11.2010 00:00 - source: CNNMoney.com - Real Estate

The robo-signing controversy is just another issue that the already sluggish housing market didn't need -- but most analysts do not think it will have far-reaching impact. Read more…


Australians swoop in on U.S. foreclosures

01.11.2010 00:00 - source: CNNMoney.com - Real Estate

On a recent Wednesday night, my wife and I found ourselves in an otherwise empty Beale Street bar surrounded by a group of Australian men. Read more…


I was a robo-signer

29.10.2010 00:00 - source: CNNMoney.com - Real Estate

It only took him a second to sign each foreclosure document. Read more…


Sin City is still foreclosure central

29.10.2010 00:00 - source: CNNMoney.com - Real Estate

The usual suspects led the list of top cities for foreclosure filings during the last three months. Read more…


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