Entries Tagged 'News' ↓

President Barack Obama proposed a plan aimed at helping millions of homeowners refinance their mortgages to today's historically-low rates. To pay for it though, he'll need $5 billion to $10 billion.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/sBTaat11HoA" height="1" width="1"/

You'd think that investors would be leery of companies that own and manage commercial real estate. Vacancy rates remain elevated in office buildings and shopping centers. Except for apartment buildings, rents really haven't grown at all in four years. And given the possibility that the global economy may retrench yet again, things could still get worse before they get better.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/P0sxlWbYbOM" height="1" width="1"/

Home prices posted a steep, month-over-month drop in November, falling 1.3%, according to the latest SP/Case-Shiller 20-city report. Prices fell in 19 of the 20 cities the index covers.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/lSobtB0larc" height="1" width="1"/

The Obama administration is taking another swing at improving its main foreclosure prevention program.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/fAvdcW1W9QE" height="1" width="1"/

FORTUNE -- Over the past few months, a spate of good news about the U.S. housing market has led some to think a recovery is finally on the horizon.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/mYn08DRpcic" height="1" width="1"/

President Obama's latest probe into the mortgage meltdown will have more power than past efforts, and federal officials say it won't derail a possible $20 billion settlement for underwater and foreclosed homeowners.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/xr6-BydUz3A" height="1" width="1"/

Just 302,000 new homes were sold in 2011, 6.2% below 2010 and the lowest number of annual sales since the government started tracking home sales in 1963.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/KVnRZS2LjEE" height="1" width="1"/

Sales of homes in foreclosure comprised 20% of all U.S. residential sales during the third quarter, according to RealtyTrac.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/fyeZPQIR_sQ" height="1" width="1"/

Out of all of the presidential candidates, former Massachusetts Governor Mitt Romney owns the most real estate -- even after unloading a couple of sizable properties.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/y4xQVaFgsns" height="1" width="1"/

A new special task force to investigate and prosecute those responsible for bad mortgages during the housing boom will be part of President Obama's 2012 agenda.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/xl3yAZEn7Co" height="1" width="1"/