Housing Market | featured news

Everyone keeps saying now is the time to buy. Here's why you shouldn't.

Foreclosures rose in 3 of every four large U.S. metro areas in this year's first half, likely ruling out sustained home price gains until 2013, real estate data company RealtyTrac said on Thursday.

How to tell if you should prepay your mortgage. Recently, I have had two people ask me if they should repay their mortgage early. While there are psychological benefits to wiping away what is often a person’s largest debt, there are several things you should consider before taking steps to pay off your mortgage ahead of schedule.

Consumer confidence sank in July to its lowest since February on job market worries, underscoring the slow path to economic recovery, and home prices rose in May but without signs of a sustained rebound, reports released on Tuesday showed.

For those seeking hope in the better-than-expected 23.6 percent jump in new home sales in June: it's only one month's data.

As housing market is once-again deteriorating, some are pondering a return to homeownership.

Only 340,000 homeowners have had their mortgages permanently adjusted under the program, a small fraction of those needing assistance.

As if expecting parents didn’t have enough things to worry about, here comes another thing to fret over: their dimming prospects of buying a home for their growing families.

A New York Times article published Tuesday reported that a pregnancy has become a potential deal-breaker when it comes to securing a home mortgage, even though mortgage rates are the lowest they’ve been in 50 years and home prices are falling.

The results were driven by a more than 20 percent drop in the volatile condominium and apartment market.

Homebuilders' confidence in the housing market has sunk to the lowest level in more than a year, more evidence that the economic recovery is slowing.