National

meltdown

Housing prices unlikely to recover before 2020

FICO — FICO’s latest quarterly survey of bank risk professionals offered a decidedly pessimistic outlook, reversing the growing optimism seen in late 2010 and early 2011. The survey, conducted for FICO by the Professional Risk Managers’ International Association (PRMIA), shows [...]

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twist

Feds ‘Twist,’ economy burns

Mortgage rates were flat this week, but expected to go even lower after the Federal Reserve on Wednesday said it would sell $400 billion of its shorter-term securities

It’s housing, stupid

Focus like a laser beam on housing. Just writing down all of California's underwater mortgages to market value would pump more than $20 billion into the state, create more

hope

The end is near for housing slump

Don’t expect a sonic boom, but the housing market is poised to turn around next year and much of the nation should be in full-fledged recovery by 2013. The

Housing to take center stage in 2012 election

Housing-related tax breaks are as American as apple pie and politicians who want to cut the tax perks that come with housing may want to consider another line

S&P/Case-Shiller index confirms 'double-dip,' home buying opportunities

If you are looking for somewhere to park investment money, savings or discretionary income, consider residential real estate. Home prices are back where they were in 2002. And if you

Appreciating housing markets share key indicators

Home prices have crashed back to 2002 levels and the double dip is on, but nearly three dozen markets are enjoying varying levels of home price appreciation. A few

Investors muscling in on first-time homebuyers' turf

Investors have the moxie, the moola, and the mindset to muscle in on first time homebuyers and they make no bones about their plans to do so, making

Housing recovery forecasts go 'Poof!'

Remember when Zillow predicted housing was due to begin recovery in the third quarter of 2010? Later, 2011 became the year to bank on. Fiserv, the National Association of Realtors

Predicted home price 'double dip' arrives, price bottom delayed until 2012

The long anticipated double-dip in home prices has arrived. And it comes with the lowest interest rates of the year, but tight credit and slow employment gains aren't allowing

Most say it's a good time to buy, fewer see housing as a good investment

Most Americans believe the housing market has hit the bottom and that it's a good time to buy, in part because many also think rents will rise faster

BofA halts foreclosures, states investigate

Bank of America recently became the first bank to stop sales of foreclosures in all 50 states as 49 states teamed up to investigate mortgage lenders' foreclosure procedures. State

Unsupervised risky business, greedy homebuyers tanked the housing market

Insufficient regulatory oversight leading to excessive risk taking and homebuyers biting off more than they could chew, spelled doom for the housing market, according to a Harvard University

Rate of homeownership nears 11-year low

Revealing the lingering effects of the housing market's hangover, the level of homeownership in the second quarter this year sank to its lowest rate in nearly 11 years. In

Housing market isn’t what it used to be

On the dark, bust side of the boom, the housing market has emerged like never before. Distressed properties litter the market. Tighter underwriting rules apply. Regulations are stronger. Cash

Landlord’s market emerging

Women on Pill like baby faces Remember when doom and gloom spread to the rental market? Dust off your rental resume, make your lease application shine and suit up for

Americans on the move again

Bra lifts, separates, cultivates Americans are on the move again, most often to buy a new home or find a better neighborhood, the Census Bureau reported this week. In 2009,

Full housing recovery at least a decade away

There's a growing litany of reasons the housing market remains in deep doo doo -- and as many as 10 years away from the kind of solid ground

NAR economist 'put a positive spin' on doomed housing market

Remember when real estate industry leaders were trashing the media for too many "doom and gloom" stories at the onset of the housing bust? A well-positioned real estate industry

Housing market needs more, not less media coverage

Maybe the media does have a negative role in the current housing market -- just not necessarily as a spoiler. While some real estate industry leaders have called for

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