FHA New Foreclosures Jump as Modified Loans Default - Bloomberg

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In Lucky Housing Markets, Bidding Wars Are Back - Businessweek

Matthew and Carina Hensley offered $10,000 more than the asking price for a three-bedroom house in suburban Seattle, then lost out to one of seven other bidders. Their $270,000 proposal in February came with a family portrait and a letter introducing the couple, their eight-m …

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Tumbling Homeownership Marks a Return to Normal - Businessweek

For anyone who owns a home, the past six years have seemed anything but normal. Nationally, home prices are down some 35 percent in that time, and in some cities the drop was almost double that figure. Even with some recent signs of improvement, the housing market is likely to …

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Budding entrepreneurs, listen up | FLORIDA TODAY | floridatoday.com

Listen up,leaders of tomorrow!

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Condo Owners Fight Homeowner Associations For Their Right to Install Solar Power

Do you think homeowners should have the right to install solar panels on their own condos? Many homeowner associations (HOAs) in the United States don’t think so. Even as solar energy becomes increasingly cheaper with tax incentives bringing the costs down …

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February new home sales dropped

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Bank Of America: Home Prices All Done Falling, Thank You Very Much

Bank of America probably hopes its economists have this one right. In a new research report on Thursday, Bank of America-Merrill Lynch mortgage strategists and economists boosted their forecast for U.S. home prices this year. They now see prices squeezing out a 0.5 percent gai …

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Insight:The Wall Street gold rush in foreclosed homes

Dan Magder recently gave up a top job with private equity firm Lone Star Funds to strike out on his own and become a landlord.

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The U.S. Housing Hangover Is Finally Wearing Off

Six years into the U.S. housing downturn, the worst finally seems to be over. The overhang of inventory is no longer so daunting as population growth and reduced construction continue to cut the glut of unsold homes. Throw in rising employment and improved affordability, and y …

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Man Runs Over Car: Florida Police Arrest Norman Nowling For Criminal Mischief At Red Neck Yacht Club

Police in Florida arrested a 40-year-old man on Saturday after he allegedly destroyed a 16-year-old girl's car during a spontaneous monster truck rally. Fort Meyers resident Norman Nowling was among the thousands of festival attendees who traveled to Punta Gorda over the week …

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After Foreclosure, Homeowners Ready To Buy Again Face Long Wait

Next to filing for bankruptcy protection, nothing wrecks your chances of qualifying for a home loan like a foreclosure.

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Florida Bill Would Ease Way to Foreclosure - NYTimes.com

Hoping to speed up and streamline Florida’s lumbering foreclosure process, state lawmakers are considering legislation to make it easier to foreclose on abandoned properties and force lenders to move more quickly to complete foreclosures.

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Sales of previously occupied homes rose 4.3 pct. in January, highest level in almost 2 years

The housing market is flashing signs of health ahead of the spring-buying season. Sales of previously occupied homes are at their highest level since May 2010. More first-time buyers are making purchases.

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Housing Demand Defies Fundamentals

Anyone with any cash in hand should be buying a house right now. That’s what any real estate agent will tell you, obviously, but that’s also what many investors now believe. Unfortunately, the potential home-buying public…isn’t buying it.

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Invasive Pythons Put Squeeze On Everglades' Animals

Scientists are reporting that aliens are wiping out the animals in Florida's Everglades. The aliens are Burmese pythons from Asia. They've been slithering around south Florida for decades.

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What Happens When You Walk Away From Your Home?

It was just last summer that Charlotte Perkins made the hardest decision of her life as she and her husband Jim were caught in the vise of the housing bust.Wanting to downsize their lives as they headed toward retirement, they bought a new house in Mesa, Arizona, before they so …

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Tight-fisted mortgage lenders pressure home sales

Home prices have fallen by a third since 2006, creating tremendous bargains for home buyers. Mortgage rates are at rock-bottom lows, making houses more affordable than they have been in decades.

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States With The Worst Mortgage Debt

How much residents of each state owe on their mortgages is an interesting statistic. For the most part, residents of the states with the highest average mortgage debt are not in trouble.

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State prosecutors confer over US mortgages probes

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Private Equity Readying a Run on Foreclosures

As the Obama administration and federal regulators work on a program to sell government-owned foreclosures in bulk to investors, those investors aren’t wasting any time stockpiling cash and buying foreclosed properties at auction and from the major banks.

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Fannie Rating Faces Cut as Lawmakers Siphon Funds, BofA Says

The odds of credit rating downgrades on the bonds of Fannie Mae (FNMA) and Freddie Mac (FMCC) rose after lawmakers tapped the government-supported mortgage companies to pay for last month’s extension of a payroll tax cut, according to Bank of America Corp.

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Foreclosure lawyer Stern sued by his old company

David J. Stern, who became one of the country's best-known foreclosure lawyers before shutting his business under regulatory pressure, has been sued for fraud by the publicly traded company he helped create to take on his now-defunct law firm's back-office operations.

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Houses are getting smaller but furniture is getting bigger. What is going on?

Back at the turn of the century, this ad was in every magazine and put Montauk on the map with their monster oversized chair.

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JPMorgan sued for $95 million over mortgage securities

US Bank NA wants to force JPMorgan to buy back the mortgage loans because of alleged breaches of representations and warranties regarding the Bear Stearns Asset Backed Securities Trust 2005-4, for which it serves as trustee.

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FHA Says 'Flippers' Free to Play Through 2012

Flippers, the real estate investors who buy homes on the cheap and quickly resell them at a profit, just got a reprieve from the Federal Housing Administration.

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