

California - Income tax paid on debt forgiveness
Thanks to partisan political gamesmanship by the Assembly Appropriations Committee, struggling homeowners who sold their homes in a short...


California introducing bill to stop bulk REO sales
The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) applauds California Congressmen Gary Miller (R-Brea) and seven other California...


Housing crisis not scaring off home ownership
Seventy-five percent of Americans still aspire to own a home and consider home ownership a major life goal, according to a new poll of...


Fastest growing cities in the US
Texas dominates the list of fastest-growing cities, attracting more residents with its strong employment center, lower taxes, and more...


Retirees struggle to qualify for mortgages
Retirees’ decreased monthly incomes may make it more difficult for them to meet the stricter underwriting standards that lenders have in...


2nd home buyers stay closer to home
Bargain home prices have jump-started sales on second homes, but more purchasers are opting to buy properties much closer to their...


More family homes turned into rentals
As the number of for-sale homes listed on the multiple listing service (MLS) drops, the number of single-family homes up for rent has...


Flipping houses is harder than it looks
You come home from a long day at work and while channel surfing, you come across a show in which guys are buying run-down houses, fixing...


Foreclosures - Don't be tempted by price alone
Buyers may be swayed by the big bargain prices that foreclosures often offer. But before they jump in, some housing experts say they need...


Correlation between education and wealth
The impact of today’s tough housing market will be felt in the years ahead as fewer children from middle-class households get on the...