May 31st 2012 11:45AM
By Jessica Dickler Homes in some stage of foreclosure accounted for more than 1 in 4 home sales during the first three months of the year, according to a report released Thursday. Distressed properties that were either in default, scheduled for auction or bank-owned accounted for 26 percent of all residential sales... Continue Reading »
Apr 21st 2011 4:52PM
Think you know your neighbors? FICO Labs, a unit of the Fair Isaac Corp., is implementing a new technology that will measure the likelihood of a homeowner walking away from their mortgage, even when they can afford the payments. The concept is known as strategic default, and it has been difficult to predict in the past.... Continue Reading »
Feb 10th 2011 9:09AM
We heard of the homes infested with bedbugs, ghostly apparitions, as well as those overrun with mold. But one home for sale in Idaho is said to have thousands of slithering snakes living sandwiched between the walls and the siding, making noises in the soffits, and resting in the crawl space. The infestation is so bad --... Continue Reading »
Feb 9th 2011 3:02PM
Angela Beauford, a retired Detroit firefighter, says there is not much the mayor there can do to entice her to move back to the city, not even offer sweet home deals. But hoping otherwise is the mayor of Motor City, who on Monday rolled out a project for Detroit police officers and firefighters that will help them qualify... Continue Reading »
Jan 3rd 2011 5:22PM
The housing market faces high hopes -- and plenty of handwringing -- in 2011. Tara-Nicholle Nelson of our sister site, WalletPop.com, bravely sorts through the year's possible trends to pluck some likely outcomes for home sellers. Past is prologue, they say. And that's certainly true when looking forward to what the... Continue Reading »
