MSNBC.com: Real estate

MSNBC.com: Real estate

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07/23/2008 10:35 AM
White House drops opposition to housing bill
President Bush dropped his opposition Wednesday to legislation aiming to calm the chaotic housing market despite his objections to a $3.9 billion provision.
07/22/2008 05:56 PM
Paulson: Support for mortgage giants needed

 (CNBC)Treasury Secretary Henry Paulson said Tuesday that Congress needs to quickly approve a support package for Fannie Mae and Freddie Mac.



07/23/2008 07:44 AM
For commuters, economic woes pile up

Brian Mitchell, 43, and his wife Ronda, 39, walked away from their Platteville, Colo., home after fuel prices and a tough housing market made it unbearable for the family to keep up with rising debt. The weak housing market, high gas prices and an iffy job market are proving a dangerous mix for many Americans, especially those facing long commutes to work.



07/22/2008 03:27 PM
Credit crisis halting commercial construction
Large and small commercial developments nationwide have been delayed or scrapped as lenders tighten credit standards on construction loans.
07/21/2008 12:05 PM
The New Yorker: Sponsoring recklessness

When do the words “not guaranteed” actually mean “guaranteed”? Whenever the mortgage giants Fannie Mae and Freddie Mac are involved. Commentary from The New Yorker.



07/18/2008 06:43 PM
Freddie Mac CEO got $19.8 million in '07

Richard Syron, chairman and CEO of Freddie MacFreddie Mac CEO Richard Syron pocketed nearly $19.8 million in compensation last year, according to the SEC, even as the troubled mortgage company's stock lost half its value.



07/18/2008 01:57 PM
Freddie Mac moves toward stock sale
Freddie Mac took a step toward issuing common and preferred stock when the Securities and Exchange Commission accepted its registration statement filed earlier in the day
07/17/2008 01:42 PM
Little foreclosure relief seen from housing bill

If the housing bill wins final passage the most optimistic forecasts suggest it would help only about 400,000 of the estimated 3 million homeowners who will likely lose their homes in the next year.The housing  bill moving ahead in Congress will help relatively few of the estimated three million homeowners facing foreclosure over the next year.



07/17/2008 07:08 PM
Housing starts at slowest pace in 17 years
Construction of single-family homes fell in June to the slowest pace in 17 years although a change in New York laws helped give a big boost to apartment building.
07/16/2008 07:03 PM
Video: Video: When the deputies come to evict

July 16: Foreclosures, evictions, and emotions are all on the rise in Prince William County, Va., where Deputy Mark Hurd orders residents out of homes they can no longer afford. NBC's Pete Williams gets an exclusive look at the job. (Nightly News)July 16: Foreclosures, evictions, and emotions are all on the rise in Prince William County, Va., where Deputy Mark Hurd orders residents out of homes they can no longer afford. NBC's Pete Williams gets an exclusive look at the job. (Nightly News)



07/16/2008 05:35 PM
Home auctions surge 47 percent since 2003

Auctioneer Harold Musser looks at a display for the Auction Network at the trade show of the National Auctioneers Association convention in Nashville, Tenn.. The auction business is up sharply thanks to a glut of homes on the market and increasing numbers of property owners who need to sell quickly.Despite the soft real estate market, Beazer Homes USA Inc. recently sold 26 beachfront condos on the Jersey Shore in 75 minutes.



07/16/2008 06:25 PM
FBI investigating fraud at failed IndyMac
The Associated Press has learned that now-defunct IndyMac Bancorp Inc. is under investigation for possible fraud in connection with U.S. home loans made to risky borrowers.
07/15/2008 06:07 PM
At housing’s bottom, many will be priced out

Doug Gylfe has lived in Torrance, Calif., for more than 40 years, he hopes to buy a home as property values have plunged — but they haven't fallen enough.Doug Gylfe still can't afford to buy a home in Torrance, Calif., despite a 23 percent drop in prices. And Congress isn't helping.



07/23/2008 01:06 PM
Mortgage mess front page

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