The $25 billion settlement over illegal foreclosures that was reached between state attorneys general, federal agencies and the nation's five largest banks was trumpeted as an agreement that would bring significant relief to ... Read More »
When we say that this $4.995 million house has it all, we're hardly exaggerating. The six-bedroom colonial, dubbed #fivemin-widget-blogsmith-image-912265{display:none;} .cke_show_borders ... Read More »
By Steele Marcoux What it is: First, let's clear up this confusing moniker. When referring to the architectural style, the term "Tudor" is actually historically imprecise. It refers not to typical buildings of Tudor England ... Read More »
In what may go down as a banner day for the housing market, three pieces of good news out today point to the possibility of a recovery on multiple fronts. Homebuilder confidence hit a five-year high, while housing ... Read More »
By Julie Zeveloff We had to read this ad from CarProperty.com twice before believing it, but former "Law & Order: Special Victims Unit" star Christopher Meloni is apparently trying to sweeten the deal on his $12 million midtown Manhattan apartment by offering a brand new 2013 Porsche Panamera to the buyer. ... Continue Reading »
In the spirit of, er, honesty, we have to lament that Billy Joel's Miami mansion, which just hit the market for $14.75 million, is a little much. When it comes to the opulent details, our favorite six-time-Grammy-winning "Piano Man" (pictured below) has clearly pulled out all the stops. The sheer amount of marble, ... Continue Reading »
You may take the stairs for health purposes, but what about staircases for aesthetic reasons? After all, staircases can make a big, bold statement upon entering a home. And, for movie buffs, significant scenes have been played out on staircases, including Scarlett O'Hara's grand entrances and exits and Rocky's triumph ... Continue Reading »
Three bills intended to increase homeowner refinancing were introduced this week by Democratic senators -- bills that HUD Secretary Shaun Donovan said are "a win, win, win and something that we think can gain real bipartisan support very quickly and get passed." The bills, if passed, would complete President Barack ... Continue Reading »
We speak a lot about homes that are "divine" or "heavenly," but this one literally is. Built for Jesus Christ himself on his Second Coming, this exquisite mansion in Riverdale, N.Y., has hit the market for a kingly $14.988 million. A steal, really, considering it was designed to house the savior of all mankind! And ... Continue Reading »
WASHINGTON -- Average U.S. rates for 30-year and 15-year fixed mortgages fell to fresh record lows this week. Cheap mortgage rates have made home-buying and refinancing more affordable than ever for those who can qualify. Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan ticked down to 3.83 ... Continue Reading »
Though this weekend we're taking some time out to celebrate and honor the greatest women in our lives -- our mothers -- for many, the house hunt doesn't stop! Luckily, we've compiled a list of amazing open houses across the country that would make mom proud. As a bonus, some of these open houses will offer special treats ... Continue Reading »
Fans went wild when the infamous "Home Alone" house hit the market, and a similar reaction arose when, years later, "The Hunger Games" town went up for sale. But we're suspecting that these same audiences won't be quite as excited at the news that the home featured in cult 1972 adult film, "Deep Throat," is the latest ... Continue Reading »
By Sarah Firshein Meet Danville, a 3,000-square-foot airplane hangar-turned-1940s mini-town on a 25-acre property in Geneva, Fla. Conceived by retired contractor Dan Shaw, the utterly over-the-top home amenity, if you will, contains O'Shaw's Irish Pub, a working bar with a "kegerator"; the Danville Inn, a two-bedroom ... Continue Reading »
By James O'Toole The federal government is considering a new set of rules on mortgage origination that it says would make the process simpler and more transparent for borrowers. The Consumer Financial Protection Bureau, created as part of the Dodd-Frank financial reform law, said Wednesday that the new rules will ... Continue Reading »
This stunning, museum-like, $9 million contemporary in McLean, Va., was designed by the famed architect Hugh Newell Jacobsen in the early 1980s. Jacobsen, widely known for his modern pavilion-based residences, also designed Jacqueline Kennedy Onassis' Martha's Vineyard home around the same time, as well as an addition to ... Continue Reading »
NEW YORK -- With mortgage rates setting record lows, refinancing has an obvious appeal to any homeowner who passed up earlier opportunities. In fact, refinancing could make sense even for those who got their current mortgage as recently as a year ago. Today, the 30-year fixed-rate loan charges a mere 4 percent, according ... Continue Reading »
