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More HOAs Foreclose on Late-Paying Owners

Condo homeowner associations are increasingly going after owners who have fallen behind on paying their HOA fees by triggering foreclosures against late owners. But some mortgage...

House OK’s Short Sale Tax Break, On to Senate

The U.S. House passed a bill last week that would extend key tax breaks to financially distressed home owners who went through a short sale. The bill now goes before the Senate for...

Ferguson Case Takes Toll on Housing Market

The unrest in Ferguson, Mo., stemming from the recent protests and riots over the acquittal of a police officer who shot an unarmed teenager, has dampened the real estate market in the...

Builders’ Confidence on the Rise This Month

Low interest rates, affordable home prices, and solid job creation are making homebuilders more optimistic about the new-home market this month, according to the latest National...

Developer Builds Mansion on Wrong Lot

Builders spent six months building a custom 5,300-square-foot house with ocean views in Hammock Dunes, Fla., but when the Missouri couple who had the home built went to look at their...

NAR to FAA: Lift Ban on Drones

The National Association of REALTORS® sent a letter this week to the Federal Aviation Administration asking the agency to consider permitting the use of drones, or Unmanned Aerial...

Millennials Finally Moving Out on Their Own?

A record number of younger Americans have been living with their parents, which has greatly reduced household formation in recent years. But as the economy improves, more are finally...

Get a Discount on Your Mortgage

Lending giants Bank of America Corp. and Citigroup reportedly will offer mortgages at discounted rates to stir more lending among low-income borrowers and those with subprime credit...

Commercial Sectors Surge on Improved Economy

After several false starts, the economy is finally gaining ground, and stronger growth is boosting the outlook for all of the major commercial real estate sectors, according to the...

Amerisave On the Hook for Alleged Mortgage Scheme

The Consumer Financial Protection Bureau is ordering Amerisave Mortgage to pay $19.3 million, alleging the lender scammed thousands of customers with a bait-and-switch mortgage-lending...