Housing News

Canadian investor Arthur Wong is buying condos in Las Vegas and Phoenix like a shopper at Costco: In bulk, with slashed prices.

New statistics show that New Hampshire's real estate market is in the midst of a slow and steady recovery.

A recovery in U.S. housing will have to wait at least until next year. The outlook for the home market dimmed this week as residential construction and mortgage applications fell and loan delinquencies reached a record.

Selling a home without a real estate agent can save thousands of dollars in commission fees, but it can also be a painstaking, confusing task.

Nov. 19 -- Jay Brinkmann, chief economist at the Mortgage Bankers Association, and Michael Feder, chief executive officer of Radar Logic Inc., talk with Bloomberg's Carol Massar and Matt Miller about the U.S. housing market.

Jurors have convicted a Weld County builder accused in a mortgage fraud scheme that prosecutors say defrauded lenders and left several Greeley-area families in foreclosure.

For years during the boom, the nation's big banks pushed loans -- from home equity lines of credit to credit cards -- like they were selling fast food at a stadium concession stand.

RISMEDIA, November 20, 2009 - Nationwide housing production fell 10.6% to a seasonally adjusted annual rate of 529,000 units in October 2009 as builders awaited word on whether an important home buyer incentive would be extended, according to data recently released by the U.S. Commerce Department.

A tracking firm says the median home price in California increased more than 2 percent last month from September to its highest level in nearly a year.

The Mortgage Bankers Association's report Thursday adds to fears that the housing market and broader recovery could be thwarted by the continuing surge in home loan defaults, especially as the unemployment rate keeps rising.

Nov. 18 - As housing prices stabilize in parts of the U.S., buyers seize on short sales.

Arizona legislators want to start from scratch on possibly revising a law protecting homeowners from post-foreclosure lawsuits.

The views expressed are his own. - From Berlin to Bangkok, governments are screaming about the falling dollar, because they can no longer rely on reckless American consumers to power their economies.

The pace at which people fell behind on their mortgages slowed during the summer for the third consecutive quarter, but the overall delinquency rate hit another record, a new report shows.

Canadian home resales improved 41.5 per cent year-over-year to a record high for the month of October, led by rebounding consumer confidence and low mortgage rates, according to the Canadian Real Estate Association.

New home construction likely inched higher in October as builders seized on the promise of more orders due largely to a federal tax credit for first-time homebuyers.

property tax bills are angering homeowners. we've been flooded with questions from people who want to know why their values and tax bill have gone up -- when home prices are tanking. that's one of the reasons i contacted you guys. this needs to be exposed, as far as i'm concerned, with the market the way it is and the economy the way it is, they're out of control. antoinette antonio has tonight's "got questions, get answers report." housing market goes down -- home values go down -- property taxes go down. it seems like that would be the case -- but it's not. it's killing us, every dollar means everything to us you know... it gets to the point where you start scratching your head why? scott ziebell is unemployed for the first time ever-- and his wife is in the hospital after having a stroke. when he got his property tax bl minute thumbnail 06:06 pm he couldn't believe it. first off -- his value went up 3 percent. on top of that-- the tax rate for his area was also up. "home values are dropping and it just doesn't make any sense whatsoever." but even with the real estate downturn -- your assessed property values can go up county assessor karen montoya says, by law, the assessed value of your home will continue to climb until it catches up to market value. i think it's ridiculous, i mean, our values are going down lou rolla also came to looking for answers about his property tax bill -- he wants to know what he can do since his bill is so much higher than his neighbors. bernalillo county treasurer patrick padilla says if you didn't protest your home value when you received your valuation notice in the the spring -- the only way to fight your tax bill is by taking it to court. they're gonna have to pay their taxes, but they can pay their taxes and file a protest in district minute thumbnail 06:07 pm court but that usually runs into legal fees it's basically telling me that you deal with it and that's the way its gonna be, basically that they're not gonna help me as for the increased tax rates this year -- the county treasurer says the state sets those rates. so far, we have not received a response from the state on what exactly drove the rates up.

The passage of a law this month that extended and expanded a first-time home buyer's federal income-tax credit will give a boost to the market while extending the reach of the tax break to more buyers, observers say.

Even with an overall decline in home sales over the past few years, buyers remain interested in second homes and recreational property, according to Realtors at a second home and resort market open forum here today at the 2009 REALTORS Conference & Expo.

The median price of a Riverside County home increased in October, a real estate research firm reported today, another indication that Inland Southern California's housing market is recovering from a long free-fall. There were more than 4,000 homes changing hands in Riverside County last month, and the median price increased $5,000 to $190,000, MDA ...