Dec 26th 2011 9:00AM
It seemed like a race to the bottom this year: Along with continued declines in property values, every season seemed to see another record low in interest rates -- though fewer-than-expected buyers were inclined to take advantage. Also on the way down or stuck in the cellar: the number of Americans who expected to... Continue Reading »
Feb 10th 2011 9:39AM
We've been hearing the drill for a while now: Home prices are down, having dropped 2.6 percent nationwide during the last three months of 2010. Foreclosures keep coming as if they were on an assembly line. In Phoenix, it is estimated that as many as 70 percent of homeowners are underwater on their loans. The story is not... Continue Reading »
Jan 16th 2011 6:01AM
The whole country might be under a cold snap, but we're still serving up red-hot real estate news! See what AOL Real Estate's readers were interested in this week: 1. Las Vegas Homes Bad Bet Until 2032 "Know when to hold 'em," indeed: All signs indicate that the Las Vegas housing market may not recover for decades. But at... Continue Reading »
Jan 7th 2011 2:27PM
If you're laying odds on when the Las Vegas real estate market will recover, prepare to wait a long time to collect. According to a recent report, it will be decades before Las Vegas home prices rebound -- the year 2032 to be exact, says Celia Chen, housing market analyst for Moody's Analytics. And Las Vegas isn't even in... Continue Reading »
Nov 10th 2010 5:37PM
Underwater homes remain a growing problem and home prices are still falling, despite already having slid substantially. The third quarter of 2010 registered a decline of 4.3 percent year-over-year and dropped 1.2 percent as compared to the same quarter last year, according to Zillow.com. Underwater homes -- those with... Continue Reading »
