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Moneyed Buyers Snap Up Mega-mansions in Coastal Florida

Pat Riley, president of basketball's Miami Heat, sold his spectacular bayfront mansion in gated Gables Estates for $16.8 million last March.

Ranch Sales Rise for Wealthy Investors

In 2011 and 2012, Hall and Hall realty based in Billings had back-to-back record years, according to director Jim Taylor. Last year, he said, the company did about $330 million in sales.

Securing Shore Homes After Sandy an Expensive Job

The post-Sandy rebuilding of the Jersey Shore is well under way, and companies that specialize in elevating houses are in high demand, despite a price tag well into the tens of thousands.

Foreclosure Ruling Disappoints, Lawyers Say

The Florida Supreme Court on Thursday declined to send a message to lenders that file fraudulent documents in foreclosure cases, local attorneys say.

Median Home Prices See Largest Year-over-year Increase in 9 Years

Southern Nevada's housing market began 2013 with mixed results last month, with rising prices, shrinking inventory and an uptick in nondistressed sales.

Housing Recovery Still a Long Way from Normal

"Economists are broadly in agreement that housing is no longer weighing against economic growth and will actually be a positive contributor in 2013.... Sounds good, but there is a sobering footnote."

Fannie Mae, Lenders Financed $33.8 Billion in Multifamily Loans

Fannie Mae has relied on its Delegated Underwriting and Servicing (DUS) program to play a significant role in the multifamily housing market for twenty-five years.

Upstate Real Estate Agents, Builders Eye Low Interest Rates

Phil Aquil, general manager of M.J. Peterson Co., aand others say mortgage rates below 4 percent continue to create an attractive sales climate. All they need, they say, is more buyers and sellers to start taking advantage of the rates.

Chicago Home Price Recovery Lags Other Major Cities

The Chicago area's housing recovery continued to lag behind other cities and the nation, as prices in November fell 1.3 percent from a month earlier, according to a widely watched barometer of the housing market.

Mortgage Fraud Investigation Leads to Three Arrests

The case began in Marin County, where the county recorder's office alerted authorities that deeds for properties in San Rafael and Corte Madera appeared to be fake.

San Bernardino County Rejects Eminent Domain

More than seven months after announcing it was entertaining a proposal to use eminent domain to acquire underwater mortgages to help stabilize the local housing market, a San Bernardino County joint powers authority on Thursday rejected the proposal.

Perez v. Perez: Developer Testifies in Vizcayans Lawsuit

His company on trial over its tactics in a controversial condo project, Jorge Perez, the celebrated developer, found himself on the witness stand Monday answering to an unexpected foe: Jorge Perez, the author.

Foreclosure Rates Continue to Drop in Central California

In line with a valleywide trend, foreclosure rates in Merced County continue to drop. Last year, 1,039 homes were lost to foreclosure, the lowest total since 2007, according to statistics from DataQuick.

San Bernardino Co. Rejects Eminent Domain for Underwater Mortgages

More than seven months after announcing it was entertaining a proposal to use eminent domain to acquire underwater mortgages to help stabilize the local housing market, a San Bernardino County joint powers authority on Thursday rejected the proposal.

Foreclosures Down Sharply in Southern California

Foreclosure activity sank to its lowest level in six years in California and the Southland during last year's fourth quarter, reflecting an improving economy.