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Housing Market from CNN



Home mortgage rates and real estate news - CNNMoney.com
Vulture investors swoop in7/2/2008 3:02 PM
Rock-bottom home prices have finally begun to lure vulture real estate investors into the fray.

Pace of housing rescue slows7/2/2008 3:02 PM
Hope Now, the mortgage industry alliance of lenders, servicers and housing counselors, reported Wednesday that it helped roughly 170,000 homeowners avoid foreclosure in the month of May.

Mortgage rates drop, snapping a 3-week climb7/3/2008 10:24 AM
Rates on 30-year fixed mortgages fell for the first time in three weeks after the Federal Reserve said last week that it expects inflation to level off, according to mortgage backer Freddie Mac.

5 celebrity foreclosures6/30/2008 9:16 AM
The effects of the foreclosure crisis are rippling throughout the country - and even the rich and famous are not immune.

Mortgage applications rebound7/2/2008 6:10 AM
Read full story for latest details.

Latest home prices - first quarter5/19/2008 10:09 AM
Single-family home prices dropped 7.7% in the first quarter in the largest year-over-year decline since the National Association of Realtors began reporting prices in 1982.

Where home prices are headed next5/19/2008 10:23 AM
The housing implosion is nowhere near over. In 75 of the 100 top U.S. cities, prices are expected to fall in the next 12 months according to Fiserv Lending Solutions.

Manhattan real estate starts to soften7/2/2008 2:00 AM
Even the lofty Manhattan real estate market is beginning to soften, according to reports released Wednesday by four of the city's top real estate agencies.

Bush: Housing bill possible7/1/2008 4:02 PM
Read full story for latest details.

Inching along on housing rescue6/27/2008 4:38 PM
An omnibus housing rescue package, some elements of which have been debated in Congress for years, had been on track Wednesday to finally move toward enactment but hit a speed bump that puts in question when lawmakers will vote.

Existing home sales rise on price drop6/26/2008 9:29 AM
Sales of existing homes rose slightly more than expected in May as home buyers responded to plummeting home prices, according to an industry trade group.

Florida sues Countrywide6/30/2008 4:41 PM
Read full story for latest details.

Lennar's quarterly loss narrows6/26/2008 6:33 AM
Read full story for latest details.

Wachovia quits offering risky loan option6/30/2008 1:40 PM
Read full story for latest details.

KB Home's quarterly loss widens6/27/2008 8:00 AM
Read full story for latest details.

Home prices post record 15.3% drop6/24/2008 12:02 PM
U.S. home prices posted record declines in April, extending a painful losing streak for U.S. home prices.

Going solar in the Sunshine State6/25/2008 3:52 PM
Jessie Prado sees himself as a bit of a trailblazer. His house in Boca Raton, Florida is easy to pick out. It's the only one with solar panels - and solar power. He, as well as his power company, Florida Power and Light, are making an investment in solar power in the Sunshine State.

Closing the book on Countrywide6/27/2008 4:39 PM
Time will tell if Bank of America's purchase of Countrywide Financial Corp. winds up being a bargain or a boondoggle.

Over the horizon, a housing recovery6/23/2008 5:56 AM
The current housing market is bleak: home prices and sales are plummeting, foreclosure proceedings are skyrocketing and mortgage rates are on the rise.

Calif. home sales soar 18% as prices swoon6/25/2008 3:06 PM
On Wednesday there was some good news for California, which has been one of the hardest hit states in the housing crisis, when a local realtor group said that sales there jumped 18% in May compared to May 2007.


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14 Markets With Nowhere to Go but Up 7/2/2008 6:00 PM
PMI Mortgage Insurance Co. says home prices in these metro areas have less than a 1 percent chance of declining further.
Bargain Hunters Have Field Day With REOs 7/2/2008 6:00 PM
Banks that are flooded with foreclosures are dumping them onto the market, even though they're often losing money on the deals.
Home Equity Delinquencies Hit 11-Year High 7/2/2008 6:00 PM
New data suggests the economic pain being felt by homeowners is hitting a segment of consumer credit that's usually resilient in down cycles.
Office Rents Flatten, Vacancies Creep Up 7/2/2008 6:00 PM
Rents for U.S. office space have stalled, rising 0.7 percent in the second quarter to $25.16 a square foot.
REITs Fell in 2nd Quarter, Still Outperform Dow 7/2/2008 6:00 PM
Hotel REITs saw the biggest stock decline at 14.9 percent, mainly in response to moves by airlines to cut flights.
Six Most Promising Cities for Retirees 7/2/2008 6:00 PM
Today it's possible for retirees to have it all. Fortune magazine found six cities with lots of attractive deals and plentiful inventory.
The Babe's Spring Training Retreat for Sale 7/2/2008 6:00 PM
From the late 1920s through the mid-1930s, Babe Ruth lived in the penthouse during spring training with the New York Yankees.

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