Housing

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FHFA rejects White House plan for Fannie and Freddie

Aug 1, 2012
A federal housing regulator is rejecting a White House plan to help borrowers who are underwater on their mortgages. That means they owe more than their homes are worth and there are about 11 million people in that category. The Federal Housing Finance Agency said the potential benefits of cutting mortgage balances for those people don't outweigh the costs.
Posted In: mortgage, Housing, underwater

City planners warm to 'accessory apartments'

Jul 30, 2012
But many frown on using extra space in single-family homes for housing.
Posted In: affordable housing, Housing, accessory apartments

High-end buyers boost Florida condo market

Jul 24, 2012
Empty nesters with money to spend are fueling something of a boom in Florida's vacation home market.
Posted In: real estate, condo, Housing, Florida

New home construction highest since 2008

Jul 18, 2012
But there's much further to go to return to a normal pace of home-building.
Posted In: Housing

Housing market shows signs of revival

Jul 18, 2012
New home construction figures could provide momentum to the sense that the housing market is finally turning the corner.
Posted In: Housing

Cities demolish homes, but problems linger

Jul 16, 2012
Cities across the Rust Belt are finding it cheaper to tear down abandoned homes than pay for the upkeep. But critics say demolishing problem properties does nothing to ease a poor neighborhood's troubles.
Posted In: St. Louis, abandoned homes, Housing

RealtyTrac releases foreclosure data for first half of 2012

Jul 12, 2012
There are some new figures out this morning from RealtyTrac about the number of foreclosures in the U.S. in the first half of this year, and they may shed some light on the so-far elusive housing recovery.
Posted In: Housing, foreclosure

As apartment vacancies drop, rents rise

Jul 5, 2012
Apartment buildings are fuller than they’ve been in a decade. Rents are at record highs. Houses are relatively cheap, but loans are elusive.
Posted In: Housing, rent vs. buy, rent

Banks facing new restrictions on foreclosures

Jul 3, 2012
The California state legislature passed a law yesterday that sponsors are calling a "Homeowners Bill of Rights." Supporters say the changes will prevent unnecessary foreclosures.
Posted In: Housing, foreclosure, california

Can officials seize mortgages to save homeowners?

Jun 27, 2012
A hard-hit Southern California county is giving serious consideration to a plan to seize troublesome mortgages.
Posted In: Housing, eminent domain, foreclosure

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