Housing Market | featured news

Housing advocates who work with homeowners say that while President Obama’s loan modification program could help thousands of New Yorkers, it has been slow to get off the ground.

A real estate agent said a resident of Boston's upscale Back Bay section plunked down $300,000 to own what is believed to be the priciest parking space in the city's history.

Brace yourself -- there's actually some good news about the economy.

John P. McMurray made it clear to his Countrywide Financial Corp bosses that they were playing a dangerous game with risk.

The federal government is exploring how to put Florida hurricane evacuees in foreclosed homes if a Katrina-like storm devastates ...

A realtors' index for pending sales of previously owned homes increased a third month in a row, rising 6.7% in April from March and up 3.2% from a year earlier.

Surging home-mortgage rates are threatening prospects for a quick rebound in the housing market.

California, Florida, Nevada and Arizona account for about 46% of the foreclosure starts in the country, the Mortgage Bankers Assn. reports. California and three other states continued to take an outsize share of the blame for the foreclosure epidemic sweeping the nation.

Home prices continued their multiyear tumble in March, as the S&P Case-Shiller national index posted a 19% drop in the first quarter from a year earlier.

The foreclosure crisis has emptied neighborhoods with once-gleaming pools, now sitting caked with algae, infested with mosquitoes. The problem has grown so dire, environmental health specialists in Western states have turned to mosquitofish to police the stagnant waters; for the little silvery creatures a batch of larvae is like a prime-rib buffet.