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DSNews.com
As Economy Improves, Prices to Hit Bottom in 2013 After Dropping: Fitch

Fitch Ratings released a report projecting another 7.8 percent drop in U.S. home prices before the market reaches sustainability, according to the rating agency's fourth quarter sustainable home price (SHP) report. This is a decrease from last quarter's prediction of a 9.1 percent drop. As long as economic growth is steady and inflation runs close to 3 perce...

5/17/2012 3:58:00 PM

Wall Street Journal - Real Estate (Video)
Celine Dion Puts Her Private Island on Sale

Celine Dion lists a private island in Canada for $29.3 Million, and a former InterContinental Hotels president has put his midtown Manhattan duplex on the market for $12 million. Candace Jackson has details on The News Hub. Photo: Sotheby's International Realty.

5/17/2012 3:41:22 PM

DSNews.com
Story of Recovery Will Lack Uniformity: Demand Institute

While the U.S. housing market appears to be on the road to recovery, it will be a rather patchy one, with some regions seeing home prices rise as high as 5 percent and others falling flat, according to a report released from the Demand Institute, which is jointly operated by The Conference Board and Nielsen. According to the report, three variables will i...

5/17/2012 1:41:00 PM

CNN Money - Real Estate
The Facebook effect on San Francisco real estate

The Basis Point is a popular mortgage and housing blog that tracks consumer critical issues and data. It is edited by Julian Hebron, a retail mortgage lender who runs the San Francisco branches of RPM Mortgage.

5/17/2012 12:50:12 PM

DSNews.com
Southern California Home Sales Figures Rise

According to numbers released by DataQuick, last month's home sales numbers in Southern California experienced a modest climb from last year. Median home sales prices in Southland rose year-over-year in April for the first time in 16 months. The median price paid for a home in Southland was $290,000 this year, up from $280,000 in March 2012 and April 2011. T...

5/17/2012 12:35:00 PM

CNN Money - Real Estate
Mortgage rates hit record low again

Buying a home just got even cheaper as interest rates on both 30-year and 15-year-fixed-rate mortgages set record lows for the third week in a row.

5/17/2012 12:09:44 PM

DSNews.com
OCC Directs Allonhill to Cease Foreclosure Review

The Office of the Comptroller of the Currency (OCC) has removed Allonhill from the Independent Foreclosure Review due to concerns about third parties.

5/17/2012 11:55:00 AM

Wall Street Journal - Real Estate (Video)
Sisters Spend $150 Million for Two Houses

The real-estate purchases of the daughters of Formula 1 Racing boss Bernie Ecclestone call attention to a handful of ultrawealthy young people making waves at the very top of the real-estate market. Candace Jackson has details on Lunch Break. Photo: Getty Images.

5/17/2012 11:53:52 AM

CNN Money - Real Estate
Foreclosures fall to lowest level since 2007

Foreclosure filings in April fell for the third straight month to the lowest level since July 2007.

5/17/2012 11:18:48 AM

CNN Money - Real Estate
Home buying at most affordable level in decades

Buying a home has reached its most affordable level in more than two decades.

5/17/2012 11:16:09 AM

DSNews.com
Wells Fargo Brings NeighborhoodLIFT to Florida

Wells Fargo & Co. is taking its NeighborhoodLIFT program to Florida in June to help stabilize neighborhoods affected by the foreclosure crisis.

5/17/2012 11:01:00 AM

Wall Street Journal - Real Estate
Istanbul Villa

This six-bedroom home on the European shore of the Bosphorus was built in 1999 in a fashionable district close to the center of Istanbul.

5/17/2012 10:59:12 AM

DSNews.com
Rogers Townsend Brings on Three New Attorneys

Rogers Townsend & Thomas, PC, announced the addition of three new attorneys to the firmâs Charlotte office.

5/17/2012 10:58:00 AM

DSNews.com
Gateway Mortgage Group Establishes Omaha Branch

Gateway Mortgage Group is expanding its operations with a new branch in Omaha, Nebraska. The new location will be staffed by eight loan officers, including Kent Geschwender, a former branch manager of MetLife Home Loans. The Omaha branch will be the company's largest.

5/17/2012 10:50:00 AM

DSNews.com
Week After Week, Rates Continue to Break Record-Low Numbers

Just when it seemed like they could not fall any further, fixed-rate mortgages continued to drop, breaking record-low numbers once again for the week ending May 17, according to Freddie Mac's weekly mortgage market survey. The 30-year fixed-rate mortgage averaged 3.79 percent (0.7 point), slipping from last week's average of 3.83 percent. The 15-year fixed-r...

5/17/2012 10:21:00 AM

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