Real Estate

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Real Estate Trauma : By the numbers
The government's $26 billion deal will benefit 2 million homeowners who are currently underwater.

The $26 billion foreclosure fraud settlement: By the numbers

The government and big banks strike a deal over alleged foreclosure abuses. Where will the money go?

8 Comments
Real Estate Trauma : Instant Guide
Noah Lamaide raised more than $10,000 through his philanthropic website to save his grandmother's home from foreclosure.

The 12-year-old who saved his grandmother from foreclosure

A tween do-gooder turns the focus of his charitable "Dream Catcher Network" to a cause that's awfully close to home

13 Comments
Real Estate Trauma : Fact Sheet
In a short sale the owner sells the house for less than what is owed to the bank, while banks benefit by avoiding the costly process of foreclosure.

Short sales: The answer to America's housing crisis?

To sidestep the painful and expensive foreclosure process, lenders begin offering delinquent borrowers cash to sell their homes for less than they owe

7 Comments
Real Estate Trauma : Burning Question
President Obama's mortgage plan aims to help those who owe more on their homes than their homes are worth.

Obama's mortgage plan: Who really benefits?

The president pitches his idea to rescue underwater homeowners. But is the new tax on banks that would cover the program's multi-billion costs a deal-breaker?

28 Comments
Real Estate Trauma : In-depth briefing
Nearly 29 percent of U.S. homeowners with mortgages owe more on their homes than the properties are worth.

Real estate crisis: America underwater

Millions of Americans owe more than their homes are worth, creating a dangerous drag on the economy

15 Comments
Real Estate Trauma : Opinion Brief
Foreigners interested in staying in the U.S. can do so (for three years) if they buy American real estate worth at least $500,000, according to a new proposal.

Buy a house, get a visa?

A bipartisan Senate bill would give foreigners who buy U.S. homes worth at least $500,000 a residence visa. Could this gambit kickstart the housing market?

19 Comments
Real Estate Trauma : Opinion Brief
Home prices have fallen to their lowest level in nearly a decade, and commentors are blaming everyone from President Obama to homeowners themselves.

The double-dip housing plunge: 5 theories

After bouncing off their recession-time lows, home prices are sinking again. Whose fault is it?

13 Comments
Real Estate Trauma : By the numbers
Roughly 39 percent of homes sold last month were distressed or discounted sales.

America's falling house prices: By the numbers

Home prices are slipping across the U.S., leading to fears of a double dip recession. Here's a quick rundown of the sobering real-estate stats

5 Comments
Real Estate Trauma : Slideshow
The $7 Detroit home is a real looker.

The cheapest houses in America

'The Fiscal Times' says you'd be surprised what your money can buy

Real Estate Trauma : By the numbers
Aspen's booming housing market has hit even the less-coveted trailer park homes; the cheapest single family home is priced at $559,000 (not pictured).

The town where a trailer costs $559,000: By the numbers

With eager foreign buyers pushing average home prices well into the millions, Aspen, Colo., has become America's most expensive town

Real Estate Trauma : Opinion Brief
Despite the current push to rent, a competing survey claims that 78 percent of homeowners consider the purchase the best investment they ever made.

Forget homeownership: Is renting the 'new American Dream'?

According to a recent survey, 87 percent of us feel that achieving an ideal life no longer hinges on owning a home

Real Estate Trauma : Opinion Brief
The housing markets in once-stable cities like Minneapolis now may be in more trouble than bubble markets like Miami (pictured).

Is the housing crisis spreading to 'stable' cities?

Seattle! Minneapolis! Atlanta! The New York Times' David Streitfeld says that cities once thought to be spared from the housing collapse are now in trouble

Real Estate Trauma : Fact Sheet
Last year was the first time the number of bank-seized properties topped 1 million.

2010's record-breaking foreclosure crisis: By the numbers

Banks seized more than 1 million homes last year, and industry experts say 2011 could be even worse

Real Estate Trauma : Instant Guide
The sale of foreclosed homes has helped banks and mortgage-lenders still trying to recover from the housing crisis.

America's foreclosure crisis: What it means for your mortgage

Bank of America has frozen foreclosures, sparking calls for a nationwide ban on repossessions. Is that move likely, and how would it affect the average homeowner?

8 Comments
Real Estate Trauma : The List
Home foreclosures: The opposite of the American dream.

Repossession hell: 6 extremely 'wrongful' foreclosures

Jason Grodensky says the Bank of America repossessed his Fort Lauderdale house — even though he'd never even taken out a mortgage. His story isn't the first of its kind

44 Comments
Real Estate Trauma : Opinion Brief
Rather than trying to jumpstart the housing market, should President Obama just let it crash?

Has the housing bubble deflated yet?

The nation's real-estate nightmare is still in its early stages, according to some economists

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