20% of mortgages are underwater
August 9th, 2010
More than 20% of the nation's mortgage borrowers owe more than their homes are worth.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/62eJNMd4u70" height="1" width="1"/
Fannie Mae narrows loss, but asks for more aid
August 6th, 2010
Fannie Mae says that its financial condition has vastly improved over previous quarters, but the mortgage finance company still requested more government assistance.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/Jx1soQS2spk" height="1" width="1"/
Vulture investors: Back and making a bundle
August 5th, 2010
These are the glory days of the residential real estate investor. Low prices, rock-bottom interest rates and stable rental markets have created huge buying opportunities.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/ZrmqPIOL9AY" height="1" width="1"/
Bulls tiptoe into homebuilder stocks
August 2nd, 2010
It takes a lot of courage to be a bull on homebuilder stocks these days. They exist, for sure. And they aren't on mind-bending drugs. In fact, they see the world much as the housing stock bears do. You won't find any uplifting messages in their reports on the economy and housing.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/IAqBxNBRqW4" height="1" width="1"/
Condos for less than the cost of a Corolla
August 2nd, 2010
The housing bust has made owning a home a lot more affordable -- but in some places, prices are extraordinary; you can buy a nice condo for less than the cost of a new family car.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/mmyOKZ6bXbw" height="1" width="1"/
Rise of the renting class
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"/
Foreclosures climb in 75% of metro areas
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"/
For sale: Dennis Hopper’s compound
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"/
Housing: Wall Street 1; Cleveland 0
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"/
Advice for the reluctant landlord
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"/