Real Estate News - Don Hodges

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Home mortgage rates and real estate news - CNNMoney.com
Can't make your mortgage? Get an emergency loan	3/8/2010 6:49 AM
Erin and Robert Smith had no problem handling the $2,000 monthly payment on their home ... until they lost their jobs.
Rush Limbaugh wants $14 million for his NYC penthouse	3/3/2010 1:27 PM
Conservative radio host Rush Limbaugh is saying adios to the Big Apple and selling his Fifth Avenue penthouse, asking almost $14 million.
America's most overvalued cities	1/27/2010 6:56 AM
Don't say we didn't warn you.
A plan to save commercial real estate	3/5/2010 3:19 PM
Economists have long been predicting commercial real estate could be the next day of reckoning for the financial markets, with a wave of defaults looming as billions of dollars in troubled loans come due in the coming months.
Nab a real estate deal - while you still can	3/3/2010 5:46 AM
If you've been holding off on a real estate purchase, glimmers of a turnaround in the housing market may have you wondering if it's finally time to make your move.
Foreclosures: How bad is your state?	3/5/2009 11:34 AM

Cashing in on the condo bust	2/25/2010 4:30 PM
Great bargains abound, but you have to shop carefully.
Existing home sales drop	2/26/2010 10:41 AM
Sales of existing homes unexpectedly fell in January, according to an industry report published Friday.
Duck! Watch out for falling home prices	2/25/2010 9:09 AM
Despite signs that the real estate market might be lurching forward, prices are expected to fall further this year.
New home sales fall to a record low	2/24/2010 11:41 AM
Sales of new homes plunged in January to the lowest level on record, government figures showed Wednesday.
Fannie to U.S.: We need another $15.3 billion	2/26/2010 5:36 PM
Battered by the housing crisis, mortgage finance company Fannie Mae said Friday that it needs another $15.3 billion in bailout money from the federal government.
Mortgage servicers offer aid plan for jobless	2/25/2010 4:16 PM
The Mortgage Bankers Association proposed a forbearance program Wednesday aimed at helping the unemployed pay their mortgages for up to nine months.
Nearly 25% of all mortgages are underwater	2/24/2010 7:14 AM
More bad news on the housing bust front: Nearly 25% of all mortgage borrowers were underwater, meaning they more on their loans than their homes are worth.
Home prices fall another 2.5%	2/23/2010 11:59 AM
Home prices fell just 2.5% during the last three month of 2009 compared with the fourth quarter of 2008, according to a closely watched gauge of home price movement. That was a big improvement over the past three years.
The boy who cried housing recovery!	2/22/2010 11:45 AM
Lowe's reported a better-than-expected profit for the fourth quarter on Monday, and the nation's second-largest home-improvement retailer indicated that 2010 would be a better year for the housing market.
Late FHA loans spike 62%	2/19/2010 3:50 PM
The recent spike in the number of delinquent Federal Housing Administration-insured loans has some people worried that taxpayers will eventually have to bail the agency out.
$1.5 billion in housing help coming to 5 states	2/19/2010 5:26 PM
Under pressure to do more for troubled homeowners, President Obama is expected to announce on Friday a $1.5 billion program to help borrowers in the five states hit hardest by the housing crisis.
Is the mortgage market starting to heal?	2/19/2010 10:51 AM
The mortgage market may have begun to turn: Fewer borrowers fell behind on their payments during the last three months of 2009.
Your landlord got foreclosed. Do you have to go?	2/18/2010 12:57 PM
Renting a home that is going through foreclosure? If so, don't be fooled: Lenders can't kick you out; they have to honor the terms of your lease.
5 most (and least) affordable cities	2/17/2010 12:07 PM

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