Housing News

Home prices continue improving but at a slower pace

Home prices have been improving this year, giving many hope that the sector is in recovery mode. The pace is slowing, but the slow march toward recovery continues, despite speed bumps.

City nears seizure of underwater mortgages, invoking eminent domain

The City of Richmond gets a small victory on the path to making real the plan to seize underwater homes under eminent domain.

What to do when a short sale doesn’t close on schedule

Whether a veteran or a newbie, there is no guarantee that a short sale transaction will close on time, so here is what to do when that insurmountable obstacle presents itself.

Couple fined for refusing to rent to African Americans

For refusing to rent to African-Americans, HUD has found a New Jersey couple guilty and has fined them $21,000 for their various illegal activities that violate the Fair Housing Act.

Could rising mortgage rates hamper a housing recovery?

Sensitive from the aftermath of a housing crash, the industry is looking for positive and negative signs regarding the recovery. How will rising mortgage rates impact the recovery?

4 tips for getting respect from short sale lenders

When a real estate professional is working short sales, getting respect from short sale lenders can be tricky - how can this be done without being too pushy or too passive?

2.5 million homes returned to positive equity in Q2

According to CoreLogic, there is positive news in housing as millions of homeowners regain equity in their home, putting them back in the black.

52% of homeowners plan a home improvement this fall

With over half of all homeowners planning to make changes to their home this year, what is trending and why?