forclosures

A year after the global financial and credit markets melted down, the U.S. housing market is in a good-news, bad-news equilibrium. The good news: prices in many markets have fallen to pre-bubble valuations, home values nationally have stabilized, sales are rising, mortgage rates are low and loans...

Author and real estate pundit Barbara Corcoran says that cities like Denver, will be the first to bounce back from the housing slump. "It's really the perfect real estate success story," she said. "It had one of the highest foreclosure rates in the nation for years running, and now they've cut that...

Citigroup Inc. (NYSE:C) and JPMorgan Chase & Co. (NYSE: JPM), two of the largest mortgage holders, announced they would temporarily freeze foreclosures as the Obama administration prepares to unveil a new policy to keep financially stressed homeowners in their homes. The banks are not doing...