11August2010

$3 billion more for jobless homeowners

Posted by John under: News.

The Obama administration is making $3 billion in additional funds available to help troubled homeowners avoid foreclosure.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/sSVLurWy63s" height="1" width="1"/

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9August2010

3 cheap ways to make your old kitchen feel new

Posted by John under: News.

Shelved plans for that $50,000 kitchen remodeling until the economic recovery actually starts to feel like a recovery?img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/liRfUUuRVJg" height="1" width="1"/

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9August2010

20% of mortgages are underwater

Posted by John under: News.

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"/

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6August2010

Fannie Mae narrows loss, but asks for more aid

Posted by John under: News.

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"/

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2August2010

Oil spill could cost Gulf homes $3B

Posted by John under: News.

The BP oil spill in the Gulf could cost homeowners $68 million in lost property value over the next year -- and up to $3 billion in the next five years, according to a report released Monday.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/ATp0dKnmk4E" height="1" width="1"/

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2August2010

Condos for less than the cost of a Corolla

Posted by John under: News.

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"/

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30July2010

Bulls tiptoe into homebuilder stocks

Posted by John under: News.

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"/

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29July2010

Rise of the renting class

Posted by John under: News.

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"/

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29July2010

Foreclosures climb in 75% of metro areas

Posted by John under: News.

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"/

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28July2010

Housing: Wall Street 1; Cleveland 0

Posted by John under: News.

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"/

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