Archive for November, 2009
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Struggling to stem the swelling foreclosure tide, the Obama administration announced new steps Monday to pressure banks to help homeowners long term.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/DkvGJXROfRc" height="1" width="1"/
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As foreclosure casualties mount, the Obama administration is expected to announce additional steps on Monday to get long-term help for troubled borrowers.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/Jo4PlW7STqE" height="1" width="1"/
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New home sales spiked in October, one month after declining unexpectedly.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/CcHqKqGSsmk" height="1" width="1"/
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pimg alt="MonopolyCityPkg.JPG" src="http://www.businessweek.com/the_thread/hotproperty/archives/MonopolyCityPkg.JPG" width="440" height="290" //p
pI suspect many a real estate mogul got their start playing the board game classic Monopoly. It has a new look this year. This time rather than just houses and hotels, players can also build industrial buildings, railroads and sports stadiums, many in 3D versions in the center of the board./p
pThis being a game, players can also put up bonus buildings that protect their properties or “hazard buildings” that lower the value of opponent’s properties. Not sure what the real world equivalent of those would be, maybe a night club./p
pParker Brothers launched Monopoly during the Great Depression and it was a huge hit in those tough times. This year though, going bankrupt and losing property seems a little too close to home.br /
/pimg src="http://feeds.feedburner.com/~r/bw_rss/hotproperty/~4/PcTFS30gI-U" height="1" width="1"/
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In a sign that more foreclosures could be on the horizon, 23% of people with mortgages owe more than their home is worth, according to a report released Tuesday.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/v1pBYj1Gl58" height="1" width="1"/
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Home prices rose for the second consecutive quarter but remained nearly 9% lower than a year earlier, according to a housing market report issued Tuesday.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/RjUnsYsIW-A" height="1" width="1"/
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These 6 businesses took advantage of crashed real estate prices to trade up for new stores and office space.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/Q6uuFd5ZtVU" height="1" width="1"/
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Existing home sales surged in October to the highest level in more than 2-1/2 years, according to a real estate industry report issued Monday.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/ZVoDvbGq-R8" height="1" width="1"/
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Here are the 5 metro areas where the average American family can afford to purchase a median-priced home -- and the 5 where they can't.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/vxp7BNOlxz8" height="1" width="1"/
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The Great Recession has ravaged savings and boosted unemployment rates, forcing people become more conservative with their cash. It has also made homes a lot more affordable -- at least for those people still working.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/0rRjQ6NGVEU" height="1" width="1"/