'The New Subprime' Mortgage: Risky Loans Emerge in Twist on Seller Financing" alt="'The New Subprime' Mortgage: Risky Loans Emerge in Twist on Seller Financing" />

Mortgages resembling the kind of subprime loans that were blamed for the foreclosure crisis are creeping back into the market, leaving some experts and regulators alarmed. The loans give a relatively new twist to seller financing, putting homeownership within reach of borrowers who can't qualify for a conventional mortgage. ... Continue Reading »

Hurricane Sandy and 2012's Other Natural Disasters Could Cost Homeowners for Years to Come" alt="Hurricane Sandy and 2012's Other Natural Disasters Could Cost Homeowners for Years to Come" />

Mother Nature certainly made herself known in 2012, unleashing unusually destructive wildfires and storms across the U.S. Hurricane Sandy alone caused up to $50 billion in damage. While the spate of disasters weighs on homeowners in the near-term in the form of reconstruction costs, it may have significant long-term effects ... Continue Reading »

Redditor Beth Robinson Posts Security Camera Video of Robbery at Her Home" alt="Redditor Beth Robinson Posts Security Camera Video of Robbery at Her Home" />

Security cameras installed by a Raleigh, N.C., "Redditor" and her husband recently caught a gang of robbers plundering their home just before New Year's Eve, they say. The security video (see below) apparently shows three thieves entering the home's living room after kicking in a door. The homeowner, Beth Robinson, ... Continue Reading »

Renters Looking to Own Are Ready to Buy, PulteGroup Survey Says" alt="Renters Looking to Own Are Ready to Buy, PulteGroup Survey Says" />

Among renters who one day hope to own a home, a poll finds a dramatic increase in the number who now say that they intend to buy in the near future. Offering more evidence of a swing toward homeownership as the housing market continues to recover, the survey by PulteGroup reports that about 6 in 10 of those renters plan on ... Continue Reading »

'Shadow Inventory' Threat Continues to Recede, CoreLogic Says" alt="'Shadow Inventory' Threat Continues to Recede, CoreLogic Says" />

The number of homes in the "shadow inventory," once considered a serious threat to a real estate recovery, continues to drop as the housing market absorbs foreclosures, analytics firm CoreLogic said in a report it released today. The shadow inventory refers to the pent-up supply of homes that are either in foreclosure or ... Continue Reading »