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More than 55,000 troubled homeowners have received loan modification offers under President Obama's foreclosure prevention program, officials said Thursday.
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Many real estate transactions today are short sales. These deals require patience, caution and luck.
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Did you happen to see the latest home-price stats from S&P/Case-Shiller, or did you avert your eyes? Here's what struck me: As of March 2009, every metro area in Case-Shiller's 20-city index, without exception, has fallen double digits from its peak. Ten are down more than 30%. Eight have dropped more than 40%. Las Vegas is down 50%. Phoenix? It doesn't get any worse than Phoenix. According to Case-Shiller, between June 2006 and March 2009 the average house in Phoenix lost a staggering 53% of its value. Possibly during the Great Depression, but almost certainly at no time since then, have hous
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e prices in a major metropolitan area fallen by more than half. It's almost unbelievable. Brother, tell me you didn't buy a house during the boom in Phoenix!
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Prices in cities that attract retirees rose the furthest during the boom - and fell the hardest. Here's a look at five top markets.
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Do the footwork first to find a deal on a foreclosed home. Here's what you need to know.
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Want to retire where residents live a long life, there are lots of doctors and hospitals nearby, and you can pursue an active lifestyle? Check out these towns.
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Careful shoppers may find that many popular U.S. second-home markets are on sale right now.
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Kitchen too small? Depressed by your rooms? No matter what your budget, there's a way to solve the problem.
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A homeowner who is underwater doesn't have the luxury of waiting a year to refinance.
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