houses

In some parts of the U.S., the real estate market remains deep in recession. But even with housing prices sitting at multi-year lows, millions of houses remain empty, unable to attract buyers haunted by unemployment and a weak economy. As part of a new series, DailyFinance takes a look at one town near New York City that is still struggling with the effects of the great real estate bust.

The amount of time it takes to foreclose on a home is increasing, meaning that delinquent borrowers can stay in their houses for months after they stop making payments, according to Freddie Mac. Freddie Mac, which, along with Fannie Mae finances about half of all U.S. mortgages, says that homes...

KB Home (KBH) reported a quarterly loss of 2 cents per share, compared with 87 cents per share a year earlier. Revenue was $501 million in the quarter ended Aug. 31, the company said in a statement. That's a 9% increase from a year earlier. Sponsored Links The company incurred $3.3 million of...

The number of applications for mortgage loans fell last week as demand for refinancing loans weakened. The total loan applications index fell 8.9% on a seasonally adjusted basis from a week earlier, with applications for refinancing loans slipping 10.8%, the Mortgage Bankers Association said....

Yahoo Inc. (YHOO) is handing over its listings of homes for sale and local real estate advertising to Zillow.com, a real estate website. Zillow will oversee a network that will place homes-for-sale listings and real estate advertising on both Yahoo and Zillow.com, The Associated Press reported....

Applications for mortgage loans jumped last week, as homeowners took advantage of historically low rates to refinance their homes. In the week ending July 2, the total number of applications for loans rose 6.7 % on a seasonally adjusted basis from a week earlier.

These aren't foreclosures or short sales. That's so 2008 and 2009. These are half-built houses that could be yours on the cheap if you have the finishing touch. The housing bust has spawned another bargain-habitat hunt: people trolling for homes under construction that were abandoned by the...

Nearly one in four U.S. home buyers acquiring a mortgage in the last year have chosen loans backed by the Federal Housing Administration, the federal agency that is the world's largest insurer of home mortgages. From Oct. 1 through mid-August, applications for FHA single-family-home mortgages were...