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Residential Real Estate Headlines

On this page we've assembled links to residential real estate stories from national news sources including CNNMoney.com, MSNBC.com, The Wall Street Journal, Inman News and The Washington Post.

Please let us know if you're aware of other important news sources we should add to this page.

To read an entire story, simply click on the link and a new window will open; after reading, hit the back arrow and you'll return to this page to continue scanning headlines.
    
CNNMoney.com Headlines
For the growing number of struggling homeowners in this country, more help is on the way. Additional aid from the federal government will begin making its way to them next month -- one program would help qualified homeowners refinance their mortgages after seeing their property values fall below the amount they owe, and the other includes another round of funding to help the unemployed or underemployed with their payments.
The government has bailed out Wall Street firms, giant banks, creditors of Fannie Mae and Freddie Mac -- and is trying to bail out people who've defaulted or are about to default on their mortgages. But let's say you're a hardworking family that has done nothing wrong except buy a home when the housing bubble was at its peak a few years ago. Your mortgage is now way underwater, but you're still making payments because you want to stay in your home -- and you're actually honorable. You're paying for everyone else's bailout, but because you have no equity in your house, you can't refinance to take advantage of the ultra-low mortgage rates that Uncle Sam's bailout strategy has produced. To use the technical term, you're being screwed.
Despite a recent spate of bad news coming out of the housing industry, home prices show signs of stabilizing.
1. Loyalty is overrated
Don't say we didn't warn you.
      
MSNBC.com Headlines
Americans applied to buy homes at the highest pace last week since May, but more than 8 of every 10 loan requests was for a refinancing, Mortgage Bankers Association data show.


Mortgage Bankers Association - United States - Refinancing - Loan - Mortgage
These recently sold expensive homes sold on Realtor.com are as distinct as the regions they’re from.


Realtor.com - Real estate - Business and Economy - United States - For sale by owner

Up to 1.5 million homeowners owe more on their properties than their homes are worth.The Obama administration is trying to jump-start its sputtering attempts to tackle the foreclosure crisis with an effort to assist homeowners who owe more on their properties than their homes are worth.





Foreclosure - Presidency of Barack Obama - Jump start - Business - United States

Columbia University's Manhattanville Development looks northeast from Riverside Drive, in New York. Columbia, like many colleges across the country, has bought acres and acres of land that it doesn't immediately need and doesn't yet know how it will use it.Colleges and universities are buying up chunks of land at bargain prices, sometimes without a clear idea how they'll be used.





Real estate - Business - Education - Colleges and Universities - Directories
The number of buyers who signed contracts to purchase previously occupied homes increased in July but remained well below last year's levels, a sign that demand for housing remains weak.


Contract - Business - National Association of Realtors - Residential Housing - Construction and Maintenance
      
WSJ.com Real Estate Headlines
With the U.S. hotel market recovering, some of the country's largest hotel companies are ready to resume their efforts to divest themselves of real estate.
The U.K. office and retail REIT's strategy is to sell mature properties in order to raise cash for new investments.
German company Deka Immobilien Investment will buy 19 West 44th St. for $123.2 million, or about $422 a square foot.
Some home builders are re-examining land contracts, asking sellers for lower prices or abandoning deals entirely.
The luxury-home builder plans a tony development along Florida's Intercoastal Waterway.
      
Inman News Headlines
California metros among least affordable areas in U.S.

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Applications at highest level since May

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4 'sand states' get $446M for acquisition, redevelopment, demolition

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Flipboard delivers content from links in Facebook, Twitter posts

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CalHFA loans target first-time homebuyers who meet income limits

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Washington Post Real Estate Headlines
As old as dirt, the sturdy brick is. Long before fairy tales with pigs and wolves came along, ancient peoples knew the strength, fire resistance and durability of the humble clay brick. Modern people know that it adds value and the aura of prestige to a home.


Business - Construction and Maintenance - Materials and Supplies - Masonry Units - Masonry and Stone
Q: My wife and I purchased a house in Florida last April. This past weekend we received a letter and an invoice from the law office that acted as the parties' closing agent, informing us that we owed fees for "additional endorsements requested by the lender after the closing."


Real estate - Business - Loan - United States - Mortgage
Ashburn Manor is a neighborhood best defined by what it is not.


Virginia - Loudoun County Virginia - United States - Loudoun - Counties
Tina Lambert and her husband wanted an investment that would help them pay for their kids' college tuition someday. When he insisted on paying $49,000 for a condominium in Ocean City in 1997, she worried. But by the middle of this decade, when housing markets were in full boom, the condo's value ...



Business - United States - Travel and Tourism - Lodging - Caribbean
      
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