Archive for July, 2010

Rise of the renting class

Thursday, July 29th, 2010
Modern America has long paired the "America Dream" with home ownership. The idea of staying put, paying property taxes and periodically mowing the lawn belonged to citizens who were somehow more American than the poor saps who could only afford to rent the place they called home.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/HmSFOA7nbTs" height="1" width="1"/
Home mortgage rates and real estate news - CNNMoney.com

Foreclosures climb in 75% of metro areas

Thursday, July 29th, 2010
Foreclosure filings climbed in 75% of the nation's metro areas during the first half of 2010, according to a report issued Thursday.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/-L5OSf-4w7c" height="1" width="1"/
Home mortgage rates and real estate news - CNNMoney.com

For sale: Dennis Hopper’s compound

Wednesday, July 28th, 2010
The "Easy Rider" left us earlier this year. Now his stunning Venice, Calif., compound is on the market - for $6.25 million.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/Xyho7WGHW0o" height="1" width="1"/
Home mortgage rates and real estate news - CNNMoney.com

Housing: Wall Street 1; Cleveland 0

Wednesday, July 28th, 2010
The City of Cleveland's long-standing battle to pin its housing woes on Wall Street may have finally gone bust.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/WBM5KLLUW3U" height="1" width="1"/
Home mortgage rates and real estate news - CNNMoney.com

Advice for the reluctant landlord

Wednesday, July 28th, 2010
With plans to start a family, Michael and Becky McCullough, 33 and 31, wanted more space. So last year they snapped up a four-bedroom foreclosure in Brookhaven, Ga., for $480,000.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/JrSVH8aHnTE" height="1" width="1"/
Home mortgage rates and real estate news - CNNMoney.com

Home ownership falls to lowest level in 11 years

Tuesday, July 27th, 2010
The number of Americans who own homes fell in the second quarter of the year to the lowest level since 1999, said a government survey released Tuesday.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/MGfjUuqCBDw" height="1" width="1"/
Home mortgage rates and real estate news - CNNMoney.com

Home prices show stability after modest gain

Tuesday, July 27th, 2010
Home prices rose slightly in May compared with a month earlier, appearing to have stablized at the lower levels that followed the end of the residential real estate bubble, according to the SP/Case-Shiller Home Price Index of 20 major housing markets released Tuesday.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/u6zXpf9JE9I" height="1" width="1"/
Home mortgage rates and real estate news - CNNMoney.com

New home sales rebound 24%

Monday, July 26th, 2010
New home sales rebounded in June from the record low hit the previous month but remained sluggish.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/tE7X3TnJg5s" height="1" width="1"/
Home mortgage rates and real estate news - CNNMoney.com

Existing home sales fall 5.1%

Monday, July 26th, 2010
In the latest sign of renewed turbulence in the housing market, an industry group said Thursday that sales of existing homes fell 5.1% in June.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/9GzUDOfWojg" height="1" width="1"/
Home mortgage rates and real estate news - CNNMoney.com

Bankruptcy can save your house from foreclosure

Saturday, July 24th, 2010
Slick TV commercials and online ads tell delinquent borrowers that they can save their homes by filing for personal bankruptcy. But is it true -- or just too good to be true?img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/Y6t7jPDL8aI" height="1" width="1"/
Home mortgage rates and real estate news - CNNMoney.com