Below are the latest real estate news headlines for buyers and sellers.
Home mortgage rates and real estate news - CNNMoney.com
Pending home sales rebounding The number of home sales contracts signed during April continued to bounce back from record lows hit last winter, according to a widely watched industry report. This is the third consecutive month of gains. Read Article Tue, 02 Jun 2009 10:02:51 EDT Get your $8,000 HUD tax credit now First-time homebuyers will now have access to quick cash to help them with their down payments. Read Article Mon, 01 Jun 2009 09:22:13 EDT Mortgage rates staying above 5% Mortgage rates burst past the 5% mark for a 30-year fixed-rate loan late in May, peaking at an average of 5.45% on Thursday. It was the highest level reached by mortgage rates this year, but on Friday they fell back to 5.27%. Read Article Fri, 29 May 2009 16:23:11 EDT Steady home sales could be positive signal Sales of newly constructed homes were almost flat in April -- but in a sickly housing market, economists saw a few reasons for hope. Read Article Thu, 28 May 2009 12:07:49 EDT Foreclosures: How bad is your state?
Read Article Thu, 05 Mar 2009 12:34:34 EST Snag a great deal on a short sale When Brian Gavitt, a physician, and his wife Gayleen, a stay-at-home mom, started to eye homes in Sacramento last winter, they knew they were looking in the hardest-hit areas of the housing bust. So the couple, who were relocating from Lansing, figured they could land a fantastic bargain in no time at all. Read Article Mon, 16 Mar 2009 07:15:11 EDT How to haggle with a contractor In this extreme buyer's market, you can talk down the price of everything from flat-screen televisions to summer rentals. When it comes to home improvement, though, haggling is as risky as ever. Even if contractors are more willing to lower their prices nowadays, they're still liable to get angry and to cut corners on the job. Read Article Fri, 29 May 2009 06:08:45 EDT Troubled mortgages hit record high Despite all the hand-wringing and attempts to contain the foreclosure plague, the problem still spread during the first three months of 2009, as the number of foreclosure actions started hit a record high, according to a quarterly report. Read Article Thu, 28 May 2009 12:30:21 EDT Is a commercial real estate bust inevitable? Bailout watchdogs have something new to growl about: the lack of financing in the commercial real estate markets. Read Article Thu, 28 May 2009 03:51:35 EDT Lower taxes: Silver lining of falling home prices Your home value has sunk like a stone, and you're so far underwater you'll have to hold your breath for years. Can you at least get a break on your property taxes? Read Article Wed, 27 May 2009 14:26:00 EDT
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