Real Estate

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Analyst sees little impact from home tax credit

AP News 12 hours ago

Analyst says home tax credit not helping builder much, so expiration unlikely to hurt either Pulte Homes Inc. is not seeing many sales as result of a federal tax credit designed to spur home purchases, an analyst wrote Friday, so its sales ...

Calif. politics has short sellers facing big bills

AP News 2 days ago

Californians losing their homes face big tax bills unless Schwarzenegger, lawmakers compromise What should have been a legislative afterthought is threatening to become a financial purgatory for thousands of California taxpayers hit by the housing crisis. With less than a month until ...

Summary Box: Housing construction falls in Feb.

AP News 3 days ago

Summary Box: February snows depress housing construction with permit applications also down HOUSING STARTS: Construction of new homes and apartments fell 5.9 percent in February to a seasonally adjusted annual rate of 575,000 units. SNOW EFFECT: Economists blamed the heavy snowstorms that ...

Ahead of the Bell: Housing starts

AP News 3 days ago

Housing construction likely slipped in February in part because of severe winter snowstorms Housing construction, which hit a six-month high in January, likely slipped in February, reflecting in part the major snowstorms that hit many parts of the country. The housing industry ...

Builder Sentiment

AP News 4 days ago

FILE - In this Feb. 18, 2010 file photo, a construction worker builds a new home in Grosse Pointe Park, Mich. The National Association of Home Builders releases its housing market index for March on Monday, March 15. (AP Photo/Paul Sancya, File) ...

Homebuilder sentiment index falls in March

AP News 4 days ago

Homebuilder sentiment index drops in March as weather, foreclosures put damper on outlook Harsh winter weather and competition from deeply discounted foreclosures are putting a damper on sales prospects for homebuilders. The National Association of Home Builders said Monday its housing market ...

5 states rush plans for $1.5B in housing funds

AP News 4 days ago

5 states have just weeks to craft plans to spend $1.5B to help struggling homeowners The five states hardest hit by the foreclosure crisis have been given only weeks to plan how to spend $1.5 billion in federal funding announced by the ...

Despite National Drop, Foreclosures In Connecticut On The Rise

Getty Images 7 days ago

BRIDGEPORT, CT - MARCH 12: An abandoned property is boarded up on March 12, 2010 in Bridgeport, Connecticut. A new report by RealtyTrac Inc. announced that the number of foreclosed homes in Connecticut, one of the nation's wealthiest states, is up 3.4 ...

Treasury says 1 million homeowners in loan modifications

Reuters US Online Report Business News 7 days ago

WASHINGTON (Reuters) - An Obama administration program to help struggling homeowners modify their mortgages has more than one million active borrowers, though fewer than 10 percent have obtained permanent loan modifications, according to a Treasury Department report released on Friday. The report ...

Homeowners seek help at Glendale foreclosure event

AP News 7 days ago

Hundreds of homeowners seek help avoiding foreclosures at fed-sponsored event in Arizona city Hundreds of homeowners trying to avoid losing their homes to foreclosure met with housing counselors and lender representatives at an event in Glendale on Thursday. At least 500 homeowners ...

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