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Despite a desire to curtail the federal goverment's role in lending, Congress raises the limit on FHA loans to $729,750 in expensive areas. Is that a wise move?
An architect with a sense of whimsy festooned the outside of a 1960s home with 1,200 amber glass ashtrays. The seller is former New Orleans Mayor Ray Nagin.
You may qualify for a loan, but the condo you want to buy or refinance may not. Fewer than 10% of communities have been recertified under the new rules.
While housing starts were down slightly in October, the number of permits issued rose 10.9%, suggesting a bit more new-home building ahead.
Miami leads the list, with five other Florida towns also included. But foreign investors and the robo-signing scandal may be more to thank than improving local economies.
While the measure of homebuilder confidence is far below normal, it has risen to its highest level in 18 months.
Lawsuit says sellers of lakefront estate failed to disclose problems with water intrusion, rats and remodeling done without permits. The sellers disagree.
Analysts' forecasts of the number of homes still to enter the market vary widely, depending upon how they calculate the number. The higher the number, the further away recovery.
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