Archive for July, 2010
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It takes a lot of courage to be a bull on homebuilder stocks these days. They exist, for sure. And they aren't on mind-bending drugs. In fact, they see the world much as the housing stock bears do. You won't find any uplifting messages in their reports on the economy and housing.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/IAqBxNBRqW4" height="1" width="1"/
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Modern America has long paired the "America Dream" with home ownership. The idea of staying put, paying property taxes and periodically mowing the lawn belonged to citizens who were somehow more American than the poor saps who could only afford to rent the place they called home.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/HmSFOA7nbTs" height="1" width="1"/
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Foreclosure filings climbed in 75% of the nation's metro areas during the first half of 2010, according to a report issued Thursday.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/-L5OSf-4w7c" height="1" width="1"/
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The "Easy Rider" left us earlier this year. Now his stunning Venice, Calif., compound is on the market - for $6.25 million.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/Xyho7WGHW0o" height="1" width="1"/
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The City of Cleveland's long-standing battle to pin its housing woes on Wall Street may have finally gone bust.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/WBM5KLLUW3U" height="1" width="1"/
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With plans to start a family, Michael and Becky McCullough, 33 and 31, wanted more space. So last year they snapped up a four-bedroom foreclosure in Brookhaven, Ga., for $480,000.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/JrSVH8aHnTE" height="1" width="1"/
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The number of Americans who own homes fell in the second quarter of the year to the lowest level since 1999, said a government survey released Tuesday.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/MGfjUuqCBDw" height="1" width="1"/
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New home sales rebounded in June from the record low hit the previous month but remained sluggish.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/tE7X3TnJg5s" height="1" width="1"/
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In the latest sign of renewed turbulence in the housing market, an industry group said Thursday that sales of existing homes fell 5.1% in June.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/9GzUDOfWojg" height="1" width="1"/
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Slick TV commercials and online ads tell delinquent borrowers that they can save their homes by filing for personal bankruptcy. But is it true -- or just too good to be true?img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/Y6t7jPDL8aI" height="1" width="1"/