Archive for January, 2011
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Despite being four years after the housing bust, the foreclosure plague has continued to spread. Here's how the country's 10 biggest cities are faring.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/zBNGf6KNbyo" height="1" width="1"/
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Housing markets will remain flat, flat, flat in 2011, according to forecasts from the Mortgage Bankers Association.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/t5KK9-LbuI8" height="1" width="1"/
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New home sales climbed 17.5% in December to the highest level in eight months, the government reported Wednesday.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/VvxQbEiIeno" height="1" width="1"/
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Not long ago, you could have your big remodeling project and get your money back too. Owners recouped an average of 87% of home improvement costs at resale in 2005, according to Remodeling magazine.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/7GdCaqTAG_A" height="1" width="1"/
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A luxury suite at the W Hotel in Dallas is as good a place as any to conquer the world. At least it seemed that way in 2007 when Tobechi Onwuhara got the crew together. They'd meet there often, seven or eight of them. Some had nicknames from the Ian Fleming lexicon: C, Q, and E. Others were called Mookie, Orji, Uche. They would spread out on designer sofas and at the wet bar, open three-ring binders, and fire up laptops with hard-to-trace wireless cards. On a nearby table there'd be prepaid cellphones with area codes taped to them. A phone for Southern California. A phone for Northern Virginia. A phone for any place Onwuhara had found the "good money."img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/yC74c5Sc5Ds" height="1" width="1"/
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You've heard of McMansions, but what about Frankenhouses?img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/_R49l9zhU0k" height="1" width="1"/
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Cities like Las Vegas and Miami boast killer buying opportunities, but you're better off renting in New York and Seattle, according to Trulia's quarterly Rent vs. Buy index.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/WXf69Jwok84" height="1" width="1"/
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Sales of existing homes jumped in December, marking the fifth month of gains in the past six months, based on an industry report released Thursday.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/swIptokX52s" height="1" width="1"/
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There is a growing glut of foreclosed homes threatening to hit the market over the next couple of years, potentially delaying any recovery.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/_Bk5Ore7JjM" height="1" width="1"/
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Can a housing market simultaneously be the most undervalued in the nation and one of the worst housing buys? It can if it's Las Vegas.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/xM3nvjBzA98" height="1" width="1"/