Housing News

Shortage of buildable lots: holding back housing recovery?

As the nation begins the slow march toward a housing recovery, all obstacles are put under a microscope - land availability for builders is no exception.

Short sales: to select a cash offer or not?

It has long been said that cash is king, but is that necessarily the case in short sales transactions? Let us examine both sides.

Foreclosure mills run rampant, justice may be imminent

If you follow the money at several major foreclosure mill firms, the abuses being discovered at various levels are astounding. One state is investigating, will others follow?

As predicted, pending home sales take a hit in July

Pending home sales fell in July, but according to the nation's largest trade group, pending sales have stayed above year-ago levels for the past 27 months.

No Fannie or Freddie means adios, 30-year mortgage

With talks of Fannie Mae and Freddie Mac being shuttered, there are implications many are not talking about.

HUD charges lender for denying disabled couple’s loan

HUD has filed charges against an Ohio-based lender and mortgage broker for denying a loan after a couple with disabilities refused to submit "unnecessary" medical documents.

City of Fort Worth demolishes another wrong address

This summer, it was discovered that the City of Fort Worth had demolished the wrong address, and it appears that within 24 hours of that fiasco, the same contractor under the same code enforcement officer did it again.

Multi-family property managers offering free wi-fi

Will Pangea Properties' free wi-fi program catch on? What should residents and property managers know before rolling this out as an amenity?