housing market

AP - Citigroup has agreed to pay $285 million to settle civil fraud charges that it misled buyers of complex mortgage investments just the housing market was starting to collapse.

The housing market in Austin Texas continues to improve slightly over the previous year in our October 2011 market update....

(via Regent Property Group)

The turmoil in the financial markets has pushed mortgage rates close to the lowest levels on record. But many Americans can't qualify for refinancing, and analysts say the government needs to step in to help.

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The federal government's credit rating has been lowered. Fannie Mae and Freddie Mac had theirs cut too. The stock market is tanking.

Who wants to buy a house in this atmosphere? Analysts fear millions of Americans are saying, "Not me."

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The U.S. housing market is stuck in a bad spot. Home sales tumbled again in February, and median home prices fell to their lowest level since 2002.

A glut of forecloses in the market is pushing down prices.

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Despite the deflated housing market, our property taxes have increased 46.75% over the last three years. A little much, huh? (via Huevos Rancheros)

Permits to build new homes jumped over 10 percent last month, according to new numbers from the Commerce Department on Tuesday.

Much of the growth was in the apartment and condo sectors, up 32 percent from the month before. Construction of single family homes, which makes up the bulk of the housing market, rose at a much more modest rate of 4 percent.

In a dismal housing market, home sellers are increasingly staging their homes -- furnishing and decorating them to make them more appealing to buyers.

But some are doing it with a twist: hiring a "house manager" to live in the property.

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More creditworthy borrowers are falling behind on their mortgages. It's a sign of growing trouble in the housing market.

A report from two federal agencies finds the number of delinquent prime mortgages has more than doubled from a year ago.

Prime mortgages are loans given to borrowers considered the least risky.