Living Off the Grid in a Mail-Order Home

By Les Christie House Arc may look like an egg-shaped antidote to McMansion mania, but this small mail-order home was really designed as a way to quickly provide housing to victims of disaster. "We wanted to see how we could produce a house that would fit into a flat packing container that could be shipped to ... Continue Reading »

More Than 30% of Mortgage Borrowers Still Underwater

By Les Christie @CNNMoney NEW YORK -- Despite rising home prices, more than 30 percent of borrowers, or close to 16 million homeowners, were underwater on their mortgage during the first quarter, according to Zillow. The percentage of borrowers who owed more on their home than it was worth increased to 31.4 percent ... Continue Reading »

George Lucas Proposes Affordable Housing Plan

By Les Christie The film emperor may be striking back. For 25 years, filmmaker George Lucas tried to persuade his Marin County, Calif., neighbors to let him build a digital production studio on his ranch there, but the area's residents thwarted the plan. So Lucas has come up with an alternative for his Grady Ranch ... Continue Reading »

Consumer Bureau Targets Predatory Lending

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 »

7 Questions for Your Next Real Estate Agent

By Beth Braverman After four years of sleepy sales during the traditionally busy spring and summer homebuying seasons, real estate experts are forecasting a pickup. Record home affordability combined with a stronger economy may bring out bargain-hunting buyers and lure sellers who have been sitting on the sidelines. ... Continue Reading »

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