New home sales at slowest rate on record
January 29, 2009
Sales of new homes plunged to the slowest pace on record last month as the hobbled homebuilding industry posted its worst annual sales results in more than two decades.The home you save could be your own
January 28, 2009
A growing number of American homeowners in foreclosure are representing themselves as what are called pro se – a Latin phrase meaning “for oneself” -- litigants in court proceedings. Msnbc.com's Mike Stuckey explains why.
Fed moves to help distressed homeowners
January 28, 2009
With home foreclosures spiking, the Federal Reserve is taking steps to try to keep some distressed borrowers in their homes.Home prices drop by record pace in Nov.
January 27, 2009
Home prices plunged a record 18.2 percent in November from a year earlier as the country’s housing market remains in the throes of a deep recession.
Fannie Mae may need another $16 billion in aid
January 26, 2009
Mortgage finance company Fannie Mae said Monday that it likely needs up to $16 billion from the government as conditions in the U.S. housing market continue to deteriorate.Home sales show surprising strength in Dec.
January 26, 2009
Sales of existing homes posted an unexpected increase last month, closing out the worst year for the U.S. real estate market in more than a decade on a surprising up note.Fight building over judges redoing mortgages
January 25, 2009
Most congressional Democrats say the quickest way to save homeowners like Troy Butler of Saginaw, Mich., is to let them declare bankruptcy and allow judges to dictate new mortgage terms.
New home construction at record low
January 22, 2009
New-home construction plunged to an all-time low in December, capping the worst year for builders on records dating back to 1959.
Economists see deeper housing woes in 2009
January 20, 2009
A panel of housing experts on Tuesday projected that builders' woes will deepen this year, pushing the prospect of a recovery into 2010 at the earliest.Burden of homeownership spread unequally
January 18, 2009
When it comes to homeownership, Hispanics in New Jersey, single parents in California and senior citizens in Rhode Island all have something in common: More than a third have an unaffordable mortgage.
