Housing News

In a perhaps belated effort, Prudential Real Estate and Relocation Services has tapped ad technology firm Dapper to show potential homebuyers "how much house" they can actually afford.

U.S. stocks climbed, extending gains from the best quarter for the Standard & Poora s 500 Index since 1998, as improving measures of manufacturing and home sales added to evidence that the worst of the recession is over.

When CondoFlip.com debuted in 2004, you knew housing was headed for a tumble. Here was a Web site where customers could buy and sell, sight unseen, condominiums that had yet to be built.

It is a little too early to celebrate new life in the housing market, but Americans should soon have something to party about if the spring housing season is any gauge.

Summer 2009: The surf's up, but not vacation home prices. Friday Jul 3, 2009 The summer of 2009 is shaping up to be an historical window of opportunity for buying fun and affordable vacation homes.

How would you like to live in a high-rise condominium and pay hefty monthly assessments, only to have the building turned into an illegal hotel, with luggage-toting strangers streaming in and out? That's what's happening at many downtown high-rises -- and Ald.

The housing bust has finally clobbered super-pricey Manhattan home prices. Reports released Thursday by four major New York brokers show that prices cratered during the three months that ended June 30.

Sold signs are a more common sight in Calgary and the local real estate association is hopeful the city might have reached the "bottom of the market." Home sales are up 28 per cent in Calgary from a year ago, according to statistics released Thursday by the Calgary Real Estate Board.

Researching warm-weather retirement destinations has been a mission for Catherine Keller and her sisters in recent years.

Real estate recovery expected to be tepid 'We should be less fearful than we were six months ago, but I don't think we should be exuberant yet' Ka Yan Ng Toronto - Reuters Last updated on Thursday, Jul.

The entrance to the Manhattan branch of the New York State Department of Labor. US manufacturing mustered its highest level of activity in nearly a year in June but unexpected weakness in private sector employment signaled how slow an economic recovery might be, reports showed.

The dollar was lower against most major currencies Wednesday on mixed economic reports that showed more stable manufacturing activity and a rise in pending home sales.

U.S. housing prices will fall by a double-digit percentage from already beaten-down levels, resulting in an overall 40 percent plunge by the time foreclosures peak in the second half of 2010, Barclays Capital economist Michelle Meyer said.

U.S. mortgage applications fell last week by the most since February, defying efforts by President Barack Obama's administration to revive the housing market.

US mortgage applications plunged to a seven-month low last week as demand for home refinancing loans tumbled 30 percent, data from an industry group showed.

FOLLOW THE MONEY: &#187 Web site promises to keep track of how stimulus is being spent &#187 Feds won't fund GM after July 10, official says &#187 US auto sales decline shows signs of leveling off &#187 Fed foreclosure help to reach more homeowners &#187 Pending home sales up for 4th month in a row &#187 Battered Freddie Mac gets another $6.1B ...

Homeowners who are up to 125 percent underwater will be allowed to refinance under the Obama administration's Home Affordable Refinance Program if they are current on their payments and their loan is owned or guaranteed by Fannie Mae or Freddie Mac.

Wed Jul 1, 2009 6:41am EDT - Traders work the floor of the New York Stock Exchange in New York June 23, 2009.

Investors are adding consumer confidence to their growing list of things to worry about.

Originally published July 1, 2009 at 7:39 a.m., updated July 1, 2009 at 10:26 a.m. NEW YORK a ' Battered mortgage giant Freddie Mac received $6.1 billion in new funds from the Treasury Department to help offset its mounting liabilities, according to a regulatory filing submitted Wednesday.