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Real Estate News

Below are the latest real estate news headlines for buyers and sellers.

WSJ.com: Real Estate

A Couple's Descent Into Foreclosure
Tracing one Vallejo, Calif., couple's descent into foreclosure and bankruptcy.Read Article
Sun, 11 May 2008 18:54:00 EDT

Democrats Face Rescue Backlash
Democrats are risking a backlash over efforts by Congress to rescue homeowners who can't afford their mortgages. The White House and most Republicans say this amounts to using taxpayer money to reward bad behavior.Read Article
Mon, 12 May 2008 06:22:00 EDT

Bonds Tied to Mortgages Have Hope
Maybe there's a way to thrive in the howling wasteland that is the home-loan market. Bonds backed by mortgages look like a buying opportunity, assuming a new spate of defaults doesn't send their prices tumbling again.Read Article
Fri, 09 May 2008 21:57:00 EDT

Fannie to Aid Underwater Loans
Fannie Mae is preparing a program of refinancing mortgages for people who owe more than the current value of their homes. The plan is the latest twist in efforts to contain the surge in foreclosures in much of the U.S.Read Article
Fri, 09 May 2008 19:14:00 EDT

Russia's Abramovich Buys Colorado Ranch
Russian oil magnate Roman Abramovich has bought a Colorado ranch for $36.3 million … Baseball great Henry "Hank" Aaron has listed his West Palm Beach, Fla., home that borders a golf course for $900,000 … plus more. PhotosRead Article
Thu, 08 May 2008 23:59:00 EDT

How to Find Foreign Home Buyers
June Fletcher explains how to find real-estate agents who focus on foreign buyers – critical now as these home hunters see U.S. properties as bargains.Read Article
Thu, 08 May 2008 22:46:00 EDT

For Mortgages Underwater, Help Swims In
A small fish with a healthy appetite for mosquito larvae is being pressed into service in California, Arizona, Florida and other areas struggling with foreclosures. The problem: swimming pools of abandoned homes have turned into breeding grounds.Read Article
Fri, 09 May 2008 08:35:00 EDT

House Passes Homeowner Aid
The House passed a package of measures aimed at tackling the housing crisis, but bickering signaled turbulence ahead for the legislation.Read Article
Fri, 09 May 2008 00:03:00 EDT

Mortgage Firms Cool to Principal-Cut Plan
A major provision of the housing-market legislation passed by the House Thursday might not help as many borrowers as some expect, trade groups that represent mortgage companies say.Read Article
Fri, 09 May 2008 02:42:00 EDT

Real-Estate Drop Has a Green Lining
Developers are dropping plans to build on some choice pieces of land and instead are selling it for such uses as public parks and nature preserves.Read Article
Fri, 09 May 2008 00:21:00 EDT

 
 
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Prudential Nichols R.E.   -  Prudential Nichols Real Estate
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Daphne, AL 36526
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