News & Headlines
A directory of real estate links, outlining the most popular news and other articles as voted on by the BiggerPockets community.
Ted Harris's Links
Tax cut deal: What to expect in your paycheck
The tax legislation that President Obama signed into law will have a bottom line effect on your take-home pay in 2011 relative to this year because of the new Social Security tax break.
What Could Force More Short Sales
Despite a government program designed to streamline and incentivize the process, short sales have not even come close to keeping up with foreclosure sales. That may be about to change.
FDIC Lowers Budget as Bank Failures Slow
The number of bank closings has slowed in recent months, and that’s given the FDIC reason to believe that the worst phase of institutional collapses is behind us.
Lawmakers Reject Legal Aid Money for Troubled Borrowers
U.S. House Republicans on Friday blocked a last-minute effort to allow foreclosure-prevention funds to be directed to legal aid groups, arguing it was an inappropriate use of financial rescue money.
U.S. Backs Away From Support for Homeowners
The U.S. government has long subsidized homeownership through tax deductions and loan guarantees. Now, it is re-examining whether it can afford to underwrite the American Dream.
Foreclosure Freeze to Chill Spring Housing
The effects of the so-called "Robo-signing" scandal showed up in drastic numbers in a new report today from RealtyTrac. The number of properties receiving some kind of foreclosure filing fell 21 percent month to month and 14 percent year over year.
Govt trying to keep people in homes: Geithner
Treasury Secretary Timothy Geithner said Thursday the government is trying to keep as many struggling borrowers as possible in their homes in several programs.
Number of homes taken back by lenders tumbles
The number of U.S. homes taken back by lenders dropped to the lowest level in 18 months in November, the result of foreclosure freezes enacted by several banks following allegations that evictions were handled improperly.
Obamas $858 billion tax-cut plan heads to the House
A deal that President Barack Obama struck with Republicans to extend tax cuts for nearly every working American and spur job growth moves to the U.S. House of Representatives for passage as early as Thursday.
Even in Hard-Hit Phoenix, the American Dream Endures
The American Dream endures, it turns out, in cities that have experienced the worst of the housing bust.
Fed cautious on recovery, sticks to bond plan
The Federal Reserve on Tuesday offered only a cautious nod to the economy's improving prospects as it put a spotlight on lofty unemployment and reaffirmed its commitment to buy $600 billion in bonds.
The Nice List: Santa's Top-Five Cities
With Christmas just around the corner, the folks at Zillow.com have made a list of Santa's favorite cities.
Why Care About Negative Equity?
Just because you owe more on your mortgage than your home is worth doesn't necessarily mean that you are no longer able to afford your mortgage. For many Americans who bought their homes during the housing boom, little has changed for them financi...
Creative Ways to Sell a House
How do you sell a house in this market? By being really creative. A look at some of the more inventive, and offbeat, ways homeowners and their agents try to close the deal.
Fewer Underwater Mortgages in 3Q. Foreclosure Sales Helping
"Negative equity is a primary factor holding back the housing market and broader economy," CoreLogic said Monday as his company released third quarter data showing continued improvement in the number of underwater mtgs.
Are you prepared to live on $190 a month when you retire?
Americans aren't saving enough, they are underestimating the amount of money they will need in retirement and they are more likely to end up working through retirement, according to Wells Fargo's annual retirement survey.
Mortgage Rates, at Six-Month High, Threaten Refis and Fed
Home-mortgage rates have surged to their highest level in six months, yanked higher by the recent sudden rise in Treasury yields, making refinancings less attractive and potentially hurting the Fed's efforts to maintain low rates.
Las Vegas Hits the Jackpot!
People are sinning again. CNBC's Jane Wells has the newest numbers on Las Vegas’ big comeback
Report: Modesto Claims Highest Share of REO Sales
Where do REOs take the largest piece of the home sales pie? According to data compiled by the independent real estate research and analytical firm Hanley Wood Market Intelligence, it’s Modesto, California
Net worth jumps $1.2 trillion in third quarter
More than a year of increases in real estate value came to an end in the third quarter, but big gains in the stock market still allowed households to get wealthier.
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