NEW YORK (AP) -- Damage from the housing bust is spreading to areas once thought to be immune. In at least 14 major U.S. metro areas, prices have fallen to 2003 levels -- when the housing bubble was just starting to inflate. Prices will likely drop further this year, making many ... Read More

Database: See what is being paid for homes in your neighborhood   ... Read More

Foreclosures in the U.S. have been plunged into doubt after a court voided the seizure of two homes in what could prove a key ruling. Bank shares fell, dragging down markets, after the decision by the Supreme Judicial Court of Massachusett against Wells Fargo & Co and US Bancorp. Judges decided their ... Read More

Yves Smith: Mortgage service industry makes more money from foreclosures than restructuring debt ... Read More

Empty cities with no sign of life - there are no cars, no people, no businesses,... University with a capacity of 2.3 million students, sits EMPTY! The ghost towns of China: Amazing satellite images show cities meant to be home to millions lying deserted Ghost city: Kangbashi was meant to be the urban ... Read More

Google's $1.8 billion purchase in Chelsea at 111 Eights Ave. was fist reported by Post real estate columnist Lois Weiss Google searched its cash coffers and came up with a large deposit and signed a contract yesterday to buy the entire city-blockwide 111 Eighth Avenue, The Post has learned. The price? A ... Read More

I think I'm going to buy a house....seriously. There are some incredible homes for some incredible prices in Sacramento right now. This news only makes it better. By: Reuters Rates on fixed mortgages dropped to their lowest levels in decades this week after the Federal Reserve unveiled a massive bond-buying program to ... Read More

Tyler Durden Zero Hedge Oct 11, 2010 Submitted by Gonzalo Lira The Coming Middle-Class Anarchy True story: A retired couple I know, Brian and Ilsa, own a home in the Southwest. It’s a pretty house, right on the manicured golf course of their gated community (they’re crazy about golf). The only problem is, they bought the ... Read More

Now might be a good time to purchase a home in California. CHDAP is back and they are helping out with closing/downpayment costs of up to 3%!!!! This is with an FHA loan.  The buyer comes in with 1%. Here’s how it breaks down using $100,000 purchase price. Ok, ... Read More

SACRAMENTO, Calif. --Michael Lyon, CEO of Lyon Real Estate, is under a new criminal investigation.KCRA 3 has confirmed the Sacramento County Sheriff's Department and District Attorney's Office are looking into possible criminal wrongdoing by Lyon.The United States Attorney's Office dropped its investigation of Lyon for possible federal criminal violations ... Read More

The bullshit just doesn't stop. By Tami Luhby, senior writer NEW YORK (CNNMoney.com) -- Unemployed? Owe more on your mortgage than your home is worth? Your state might one day pay your mortgage. Giving people free money to cover their home loans is just one of the radical ways that four states -- ... Read More

By Bill Quigley May 12, 2010 "Information Clearing House" -- May has seen an upsurge in local organizations exercising their human rights to housing. Most people recognize that international human rights guarantee all humans a right to housing. With the millions of homeless living in our communities and the millions of ... Read More