Housing Markets

The 10 Least Affordable Places To Buy A Home

The Huffington Post | Khadeeja Safdar | Posted 05.29.2012

Read More: Bridgeport, San Jose, Ocean City, Home Sales, Case-Shiller Index, Los Angeles, Home Affordability, Nahb Index, New York, Santa Cruz, Home Prices, Home Market, San Luis Obispo, Housing Markets, Honolulu, San Francisco, Money News

The housing market, which began its decline in 2006 and brought the U.S. economy down with it, may finally be rebounding. According to the National...

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The World's Least Affordable Cities

Huffington Post | Khadeeja Safdar | Posted 04.14.2012

Read More: Most Affordable Housing Markets, Housing Market, Least Affordable Cities, World's Most Expensive Cities, City House Markets, Housing Markets, Mumbai, New York City, Cities, Most Expensive Cities, Money News

How long would the average New Yorker have to work to be able to afford a luxury 1,076-square-foot apartment in Manhattan? About half a lifetime, a...

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Two Sets of Ideas From the White House

Jared Bernstein | Posted 04.02.2012

Read More: Refinancing Mortgages, Mortgages, Hamp, Housing Bust, Housing Market, Mortgage Crisis, Federal Housing Authority, Refinance, Housing Markets, Politics News

The White House has a good set of ideas out this AM to a) help the housing market and b) help small businesses and start ups. The former sounds good to me; the latter, less so.

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American Cities With The Most Millionaires

24/7 Wall St. | Ashley C. Allen and Douglas A. McIntyre | Posted 09.13.2011

Read More: Hnwi, Unemployment Rate, San Jose, Millionaires, American Cities, Jobless, Jobs, Housing Crisis, Metro Wealth Index, Capgemini, High-Net-Worth Individual, Wealth, Residence, Housing Markets, Collectibles, San Francisco, Consumables, Slidepollajax, Business News

From 24/7 Wall St: Each year, Capgemini publishes the U.S. Metro Wealth Index, which ranks the number of high-net-worth individuals living within the ...

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Sales Of Million-Dollar Homes Rise Nearly 20 Percent

CNN Money | Les Christie | Posted 05.25.2011

Read More: Business News, Housing Markets, Home Sales Rise, bankrate.com, Million-Dollar Home Sales, Housing Crisis, Home Sales, Business News

After four straight years of declines, sales of million-dollar homes and condos rose last year in all 20 major metro areas, according to DataQuick Inf...

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Discount For Foreclosed Homes Widened In 2010

AP | ALEX VEIGA | Posted 05.25.2011

Read More: Foreclosed Homes Discount, Foreclosure Crisis, Housing Markets, Home Sales, Business News, Business News

LOS ANGELES — The gap between the average sale price of a foreclosed home and that of other properties grew wider last year, giving homebuyers w...

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Familiar Recipe Cooking Once Again

Howard Steven Friedman | Posted 05.25.2011

We've tasted this recipe before. A crisis is created. Panic is fomented by politicians, pundits, media, business and others. "Something must be don...

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Consumer Confidence Hits 3-Year High

The Huffington Post | Yepoka Yeebo | Posted 05.25.2011

Read More: Salaries, Consumer Confidence, Unemployment, Poll, IHS Global Insight, Middle East, Chris Christopher, Housing Markets, Jobs, Consumer Confidence High, Consumer Sentiment, Food Prices, Fuel Prices, Income, Business News

U.S. consumers are more confident than they've been in three years, according to the data released today by the Conference Board. The organization's ...

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California Court Gives Hope To Struggling Homeowners

Daily Finance | Abigail Field | Posted 05.25.2011

Read More: Business News, Foreclosure Mess, U.S. Bank, Housing Markets, Homeowners, Housing Crisis, California Courts, Business News

On Jan. 27, a California appeals court ruled that U.S. Bank conned Claudia Aceves out of her home. Specifically, the court found that U.S. Bank (USB) ...

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Lawyers' Carelessness Was Key To The Mortgage Mess

Daily Finance | Abigail Field | Posted 05.25.2011

Read More: Business News, Mortgage Mess, Mortgage Crisis, Housing Markets, Foreclosure Crisis, Securities and Exchange Commission, Housing Crisis, Business News

Two of my biggest concerns about the mortgage mess involve the conduct of lawyers at every stage, from creating the toxic securities to foreclosing on...

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It's Cheaper To Rent In Only 4 Big U.S. Cities

The Huffington Post | Yepoka Yeebo | Posted 05.25.2011

Read More: Buying a Home, Buying a House, Renting, Housing Crisis, Housing Markets, Property, Miami, Las Vegas, Trulia.com, Arlington, Mesa, Phoenix, Rent vs. Buy, Business News

Thanks to the foreclosure crisis, buying a two-bedroom home is cheaper than renting in most big cities. In its quarterly Rent vs. Buy Index, real est...

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Foreclosure Case Deals Big Blow To Banks, Lenders

Posted 05.25.2011

Read More: Mortgage Crisis, Housing Markets, Foreclosure Crisis, Foreclosing Banks, Massachusetts Foreclosures, Massachusetts Courts, Business News

NEW YORK (By Jonathan Stempel and Dena Aubin) - In a ruling that may affect foreclosures nationwide, Massachusetts' highest court voided the seizure o...

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American Cities That Are Running Out Of People

24/7 Wall Street | Posted 05.25.2011

Read More: Housing Markets, Home Vacancies, Population Increase, American Cities, American Cities Population, Business News

The population of the United States has increased steadily by roughly 2.5 million people every year since World War II. Throughout prosperity and hard...

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Bank Of America Lifts Foreclosure Freeze

LA Times | Posted 05.25.2011

Read More: Foreclosure Crisis, Foreclosure Freeze, Bank of America, Business News, Housing Markets, Bank of America Home Loans, Housing Crisis, Fourclosure Mess, Business News

Bank of America lifted its national foreclosure freeze this week and began taking back some 16,000 properties, starting with homes that were either va...

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Home Depot Ups Outlook Slightly

Businessweek | Posted 05.25.2011

Read More: Business News, Home Depot Outlooks, Housing Markets, Home Depot 2010 Earnings, Home Depot, Reatil News, Business News

Home Depot Inc. raised its 2010 earnings guidance for the second time in two months as November sales came in better than expected. But revenue growth...

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Ties To Insurers Could Land Mortgage Services In More Trouble

American Banker | Jeff Horwitz | Posted 05.25.2011

Read More: US Economy, Mortgage Service, Insurers, Economy, Economic Crisis, Housing Markets, Real Estate, Housing Crisis, Business News

When banks buy insurance on the homes of borrowers whose policies have lapsed, they get a great deal. Just not for the homeowners and investors who ha...

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Goldman Sachs Suspends Foreclosures In Some States

Posted 05.25.2011

Read More: Evictions, Foreclosure Crisis, Housing Crisis, Business News, Goldman Sachs, Real Estate, Housing Markets, Suspended Foreclosures, Business News

(By Maria Aspan and Maureen Bavdek) - Goldman Sachs Group Inc's mortgage servicing unit has suspended evictions and foreclosures in some states, acco...

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Ohio Challenge To Forecloseure Papers Moving Ahead

AP | THOMAS J. SHEERAN | Posted 05.25.2011

Read More: Foreclosures, Foreclosure Crisis, Ohio Challenge Foreclosures, Housing Crisis, Housing Markets, Foreclosure Documents, Business News, Business News

CLEVELAND — An Ohio challenge to the validity of lender foreclosure documents will be heard in court early next year in Cleveland. Cuyahoga Cou...

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The Safest Neighborhoods In America

Wallet Pop | Posted 05.25.2011

Read More: Top Cities, Lowest Crime Rate, Atlanta, Homes, Safe Neighborhoods, Lowest Poverty Rate, Austin, Home, Housing Markets, Baltimore, Business News

Most Americans equate big cities with high crime -- New York, Los Angeles, Chicago. But NeighborhoodScout's exclusive research reveals that even big c...

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Inside The Downfall For A Notorious Foreclosure King

Mother Jones | Andy Kroll | Posted 05.25.2011

Read More: Foreclosure Crisis, Foreclosure Mills, Mojo Investigation, Profits, David Stern, Economy, Economic Crisis, Foreclosure, Housing Crisis, Housing Markets, Business News

After years of high-flying success and millions of dollars in profits, the future suddenly looks grim for the Law Offices of David J. Stern. The firm,...

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Banks Face $31 Billion Loss On Mortgage Buybacks: Report

Reuters | Maria Aspan and David Zimmerman | Posted 05.25.2011

Read More: JP Morgan, Foreclosure Crisis, Mortgage, Business News, Banks, Banks of America, Mortgage Buybacks, Housing Markets, Home Foreclosures, Mortgage Crisis, Business News

NEW YORK (Reuters) - The top U.S. banks could face up to $31 billion in losses from buying back bad mortgages, Standard & Poor's said in a report on ...

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Freddie Mac Posts HUGE Loss In 3Q, Wants $100 Million In Aid

AP | MARCY GORDON | Posted 05.25.2011

Read More: Common Stockholders, Third Quarter, Mortgage, Mortgage Buyer, Economy, Foreclosure Documents, Business News, Fannie Mae, Housing Markets, Mortgage Crisis, Business News

WASHINGTON — Government-controlled mortgage buyer Freddie Mac managed a narrower loss of $4.1 billion for the third quarter and asked for an add...

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Ben Bernanke: Regulators Looking Into Foreclosure Mess

AP | JEANNINE AVERSA | Posted 05.25.2011

Read More: Foreclosures, Foreclosure Crisis, Mortgage, Mortgage Crisis, Bank of America, Housing Markets, Foreclosure Procedures, Federal Banking, Business News

WASHINGTON — Federal banking regulators are examining whether mortgage companies cut corners on their own procedures when they moved to foreclos...

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PHOTOS: America's Most Expensive Housing Markets

The Huffington Post | Nicole Hardesty | Posted 05.25.2011

Read More: Slidepollajax, Housing Markets, Real Estate, Honolulu, Greenwich, Most Expensive, Newport Beach, Palo Alto, Business News

Plans to relocate to California? The state dominates as the most expensive housing markets in America, according to a new report by Coldwell Banker. ...

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Colorado Springs, Denver Named Top Housing Markets By Forbes

Posted 05.25.2011

Read More: Housing Markets, Forbes, Colorado Springs, Denver, Denver News

Both Colorado Springs and Denver have been named top housing markets by investors by Forbes. A North Carolina-based real estate research firm calle...

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