Home prices in 20 U.S. metropolitan areas fell at a faster pace in May, indicating the three-year housing slump has not stabilized, a private survey showed Tuesday.
The S&P/Case-Shiller home-price index dropped 15.8 percent from a year earlier, the biggest decline since records began in 2001, after decreasing 15.2 percent in April. The gauge has fallen [...]
President Bush is expected to sign a bill aimed at helping hundreds of thousands of struggling homeowners. The US Congress passed the measure during a rare Saturday session.
The bill authorizes government backed mortgages for borrowers facing foreclosure and provides new tax credits for first time home buyers. It also imposes new standards for brokers and [...]
SYDNEYSIDERS are caught in a bind as rising interest rates push more people into mortgage stress at the same time as the rental squeeze makes it impossible for people in some suburbs to find rental accommodation. Young families are particularly exposed.
A million households, or 15 per cent of all home-loan borrowers, could be in mortgage [...]
Two cornerstones of the economy - jobs and housing - sank to new depths Thursday, with unemployment claims bolting higher and home prices recording one of their steepest drops on record.
The bleak reports underscored the self-reinforcing cycle hampering the economy: As home prices sink, foreclosures rise, banks feel pressure to shy away from lending and [...]
A rescue plan for troubled homeowners and mortgage giants Fannie Mae and Freddie Mac that is on track to pass through the Senate on Saturday has marked a momentous move for the housing market.
A shift appears to be stirring in Ventura County as well, some real estate professionals say.
The market is turning, said Kay Wilson-Bolton, [...]
Home sales continued their slide in June, making the first half of 2008 the slowest housing market in more than 15 years, a Boston real estate publishing firm said today in its monthly housing report.
There were 4,663 sales of single-family homes last month, about a 15 percent decline from the number of sales transactions closed [...]
Growth in Urbandale is slowing as the housing market continues to weaken. But officials said affordable homes, a low tax rate and quality city services have continued to attract new families and couples.
New estimates released July 10 by the U.S. Census Bureau show many Iowans are being drawn to the suburban lifestyle. Overall, Iowa continues [...]
Matching a statewide trend, more Santa Clara County homeowners fell behind on their mortgage payments in the second quarter of this year than during any quarter on record, a real estate information company reported today.
Mortgage lenders sent 3,751 “notices of default” to homeowners in the county in the April-to-June period, according to DataQuick Information Systems. [...]
Sales of existing homes slowed more than expected in June while inventory increased, according to an industry trade group reading of the sluggish housing market released Thursday.
The National Association of Realtors reported that sales by homeowners dipped in June to an annual pace of 4.86 million, down 2.6% from a pace of 4.99 million in [...]
Real estate prices in Scotland are letting faster than at any time in recent years with continuing high tenant demand, according to latest research by Scotland’s leading online letting portal Citylets.
The Citylets quarterly report, Trends in Scottish Residential Lettings, released today, shows that more properties are being let, and being let more quickly, than in [...]