Real Estate News

Here are the latest real estate related news articles.

Click on a headline to read the full story.

   
8 Markets Where List Prices Have Fallen the Most
Median list prices nationwide are up 3.69 percent year over year, but a few markets are continuing to see prices fall. Find out where.               
Low-income Renters Struggle to Find Affordable Housing
A national study found that for every 100 families considered "extremely low income," there are only 30 affordable units available to rent nationwide.               
Defaults of the Rich: Walking Away From the McMansions
Wealthy home owners with huge loans worth more than the value of their mansions are walking away from luxury homes in some of California's toniest neighborhoods.              
   
Your real estate choices today will matter for retirement
Decades from now when you retire, you are going to take a look at your income and assets to see if you will be living a comfortable retirement.              
Homefix: A brick dilemma
Most all bricks will store water when exposed to rain or snowmelt. During the drying process, the stored water travels to the surface of the brick, and when the weather turns to freezing the stored water turns to ice, which expands and damages the face of the bricks.              
Foreclosure process will be slow this year, firm predicts
Banks are slowly working through a backlog of foreclosed homes, making it unlikely there will be a wave of new foreclosures this year, a real estate tracking company says. Foreclosure starts and courthouse step auctions are down from last year.              
   
   
Want a date? Buy a home
When it comes to dating, homeownership can be the ultimate aphrodisiac.              
Mortgage deal means more foreclosures
Even as the $26 billion mortgage settlement helps hundreds of thousands of troubled homeowners, it will bring a wave of new forclosures.              
Banks pay homeowners $35K to sell
In an effort to cut their losses, banks are paying some struggling homeowners as much as $35,000 to sell their homes before they end up in foreclosure.              
   
Bunny Mellon Lists in Cape Cod
Rachel "Bunny" Mellon lists in Cape Cod for $28.7 million; a New York penthouse lists for $29.5 million; Megan Ellison sells near Malibu.              
Spanish Banks Build Housing
Spanish banks, which played a big role in the country's housing bust, are continuing to fund new real-estate projects despite a huge glut in unsold homes.              
In Napa, Blending a House and Winery
A complex looks like it's been in Provence forever—with a bag of tricks to keep maintenance down.              
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