Latest Real Estate Market News
Real Estate News
- 'I have an airplane hangar in my front yard'
Like so many Americans across the nation, Julie Clark commutes to work. But she doesn't drive, walk or even take a bus or train. Instead, she flies a plane.
- New York condo sells for a record $90M
An unnamed buyer paid more than $90 million for a Midtown Manhattan penthouse, the highest price ever paid for a New York apartment, according to the building's developer.
- Home buying at most affordable level in decades
Buying a home has reached its most affordable level in more than two decades.
- The Facebook effect on San Francisco real estate
The Basis Point is a popular mortgage and housing blog that tracks consumer critical issues and data. It is edited by Julian Hebron, a retail mortgage lender who runs the San Francisco branches of RPM Mortgage.
- Mortgage rates hit record low again
Buying a home just got even cheaper as interest rates on both 30-year and 15-year-fixed-rate mortgages set record lows for the third week in a row.
- Foreclosures fall to lowest level since 2007
Foreclosure filings in April fell for the third straight month to the lowest level since July 2007.
- BofA offering up to $30K for short sales
Bank of America is offering some struggling homeowners payments of up to $30,000 if they sell their homes in a short sale and avoid ending up in foreclosure.
- Mortgage delinquencies drop to 4-year low
The percentage of borrowers who have dropped behind on their mortgage payments fell to a four-year low in the first three months of 2012, a bankers' group said Wednesday.
- Housing: The one bailout America could really use
Laurie Goodman is an apolitical number cruncher who has spent most of her 28-year career out of the public view, studying the minutiae of mortgage-backed securities (MBS) for big investment banks. She's long been a star among Wall Street insiders, however. She holds the record for the most top rankings for fixed-in-come research from the trade bible Institutional Investor.
- George Lucas proposes affordable housing plan
The film emperor may be striking back. For 25 years, filmmaker George Lucas tried to persuade his Marin County, Calif., neighbors to let him build a digital production studio on his ranch there, but the area's residents thwarted the plan.
