homes – News Stories About homes - Page 4

Sep 20, 2007 1:28 PM CDT

Sony Delays Answer to ‘Second Life’

Former trailblazer's ‘Home’ won’t drop now until spring

(Newser) - Adding to a string of setbacks, Sony today delayed the release of its competitor for virtual world touchstone "Second Life," until next spring. The interactive world "Home"—made for PlayStation 3—has been demonstrated several times, the AP reports, and was to land before year’s...

These Streets Are Paved in Gold

Sep 15, 2007 11:04 AM CDT

These Streets Are Paved in Gold

Forbes publishes list of most expensive US city blocks

(Newser) - Forbes has compiled a list of the most expensive real estate blocks in 10 major cities. It teamed up with date provider Reply! to compile an index of the 'billionaire rows' of the US. In New York, the block between Fifth Avenue, Madison, 69th and 70th Sts. takes the...

US Median Home Price
to Drop

Aug 26, 2007 3:08 PM CDT

US Median Home Price to Drop

Projected 1-2% decline for 2007 would be the first since 1950

(Newser) - The median cost of an American home, now $220,000, is expected to drop this year for the first time since tracking began in 1950, reports the New York Times. The decline will be modest—1 to 2%—but could last into 2008 and 2009, meaning that, adjusting for inflation,...

Katrina Tax Breaks Pay for Luxury Condos

Aug 13, 2007 9:56 PM CDT

Katrina Tax Breaks Pay for Luxury Condos

Incentives for rebuilding are buying $1M units in Tuscaloosa, 200 miles from coast

(Newser) - Investors are using federal tax breaks designed to stimulate rebuilding after Hurricane Katrina to buy luxury condos being built near the University of Alabama’s football stadium, 200 miles from the coast, the AP reports. The Tuscaloosa developments, where units go for up to $1 million, are flourishing while much...

9 Perfect Places to Live

Aug 13, 2007 1:51 PM CDT

9 Perfect Places to Live

Arts, culture, beauty, jobs—these towns have it all, and real people, too

(Newser) - Outside magazine selects 30 sweet spots—the best towns for mixing city life with the big outdoors—and, oh yeah, getting a job, too. Here are the top nine:

Santa Cruz, California
Jackson, Wyoming
Iowa City, Iowa
Bend, Oregon
Santa Fe, New Mexico

Washed-Out Brits May Be Stuck in Trailers for Months

Aug 10, 2007 1:31 PM CDT

Washed-Out Brits May Be Stuck in Trailers for Months

Thousands of homes and businesses are still drying out

(Newser) - Victims of the record flooding in England may have to live in mobile homes for months while their property is repaired. Tens of thousands of residences and businesses were badly damaged by floods over the past 2 months, which caused at least $6 billion in damage, Bloomberg reports. And meteorologists...

Best Home Sellers' Markets

Jul 31, 2007 5:35 PM CDT

Best Home Sellers' Markets

Times are tough, but your house won't sit on the market for long in these towns

(Newser) - The housing market overall isn't good, but luckily for some, there's an exception to every rule. Forbes points you toward 10 towns where sellers can still finish with smiles on their faces.

Raleigh, NC
San Francisco
Austin, Texas
San Antonio, Texas
St. Louis

Affordable Southern Suburbs

Jul 29, 2007 10:18 AM CDT

Affordable Southern Suburbs

If you want it all on a budget, these towns may be right for you

(Newser) - BusinessWeek lists the 25 most affordable suburbs in the South, determined not only by housing prices but also cost of living, violent crime rate, and school test scores. The first 10, in alphabetical order:

Abilene, Texas
Broken Arrow, Okla.
Cary, NC
Charlottesville, Va.
Farragut, Va.

Home Resales Slump in June as Mortgage Rates Spike

Jul 25, 2007 1:57 PM CDT

Home Resales Slump in June as Mortgage Rates Spike

Inventories are down; prices jump

(Newser) - Sales of existing homes dropped in June to a 5-year low because of rising mortgage rates and stricter lending standards. Home resales dipped 3.8% from a 5.98 million annual rate in May to a 5.75 million rate now. "The housing recession looks far from over,"...

Scams Target Delinquent Homeowners

Jul 3, 2007 5:45 PM CDT

Scams Target Delinquent Homeowners

'Equity strippers' deceive borrowers behind on their mortgage payments

(Newser) - A new form of fraud is thriving in the declining housing market, targeting desperate homeowners who are late on their mortgage payments. Known as equity strippers, companies cold-call burdened borrowers, promising a reprieve from their financial woes. In the end, they profit, and the owners end up losing their home...

10 Best Retirement Bargains

Jul 2, 2007 12:38 PM CDT

10 Best Retirement Bargains

U.S. News susses out the 10 spots that offer the most to retirees on a limited budget

(Newser) - Cost of living isn't the only important factor when deciding on a place to retire. Weather, proximity to cities, airports, entertainment and hospitals are also play a part. U.S. News considered all the angles and came out with these top picks:

Boone, North Carolina
Dahlonega, Georgia
Fredericksburg, Texas
Kennebunk,

...

Consumer Confidence,
New Home Sales Slump

Jun 26, 2007 12:13 PM CDT

Consumer Confidence, New Home Sales Slump

Grim economic indicators continue to stack up

(Newser) - Indicating that the topsy-turvy economy probably won't be righting itself anytime soon, consumer confidence dropped in May, as did new home sales, a signal that the reeling housing market has yet to hit bottom. The Fed will likely take up consumer worries at a 2-day meeting that starts tomorrow, Bloomberg...

Home Sales Plunge to
4-Year Low

Jun 25, 2007 6:27 PM CDT

Home Sales Plunge to 4-Year Low

Inventory glut, rising mortgage rates bode ill for quick rebound

(Newser) - Sales of existing homes fell again last month, while the number of homes languishing on the market hit a 15-year high. The median price sank to $223,700, the AP reports, and thanks in part to the woes of the subprime mortgage sector, overall sales were 10.3% below last...

Home Foreclosures Hit Record

Jun 14, 2007 3:16 PM CDT

Home Foreclosures Hit Record

A dreary real estate market is fueling an all-time high rate of foreclosures

(Newser) - Home foreclosures hit a record high in first-quarter 2007 as more subprime borrowers failed to make their mortgage payments. The number of mortgages entering foreclosure spiked four basis points to 0.58% and over 2.4% of subprime mortgage holders defaulted, up from 2% last quarter, according to a report...