Sales of new homes plunged in January to the lowest level on record, government figures showed Wednesday.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/wuatysMSfJo" height="1" width="1"/

More bad news on the housing bust front: Nearly 25% of all mortgage borrowers were underwater, meaning they more on their loans than their homes are worth.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/8hmx4txw6Ak" height="1" width="1"/

Home prices fell just 2.5% during the last three month of 2009 compared with the fourth quarter of 2008, according to a closely watched gauge of home price movement. That was a big improvement over the past three years.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/q2jk95lhn1M" height="1" width="1"/

Lowe's reported a better-than-expected profit for the fourth quarter on Monday, and the nation's second-largest home-improvement retailer indicated that 2010 would be a better year for the housing market.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/VhKtHsvL75w" height="1" width="1"/

Under pressure to do more for troubled homeowners, President Obama is expected to announce on Friday a $1.5 billion program to help borrowers in the five states hit hardest by the housing crisis.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/E2E9QjeYI8k" height="1" width="1"/

The recent spike in the number of delinquent Federal Housing Administration-insured loans has some people worried that taxpayers will eventually have to bail the agency out.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/-gvOcTOcd80" height="1" width="1"/

The mortgage market may have begun to turn: Fewer borrowers fell behind on their payments during the last three months of 2009.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/DzzUAqQSWwc" height="1" width="1"/

One year after President Obama unveiled an ambitious plan to help struggling homeowners, more than 116,000 borrowers have received long-term reductions in their mortgage payments through January.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/FmiMVudFAds" height="1" width="1"/

Renting a home that is going through foreclosure? If so, don't be fooled: Lenders can't kick you out; they have to honor the terms of your lease.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/8XM1boP6WIs" height="1" width="1"/

Dusan Tatomirovic found a steal when he bought a foreclosed condo just north of Monterey, Calif., last April for $130,000.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/pFak70URrvU" height="1" width="1"/