Real Estate News - Dewayne Kirkman

Real Estate News

These stories are supplied by RealEstateJournal.com. The articles contain a cross-section of happenings in the world of real estate news. Here, you'll find real estate news that ranges from the latest on flipping condos to stories about making a home from an old 747! These articles are updated regularly.

WSJ.com: Real Estate
A Couple's Descent Into Foreclosure	5/11/2008 4:54 PM
Tracing one Vallejo, Calif., couple's descent into foreclosure and bankruptcy.
Democrats Face Rescue Backlash	5/11/2008 10:55 PM
Democrats are risking a backlash over efforts by Congress to rescue homeowners who can't afford their mortgages. The White House and most Republicans say this amounts to using taxpayer money to reward bad behavior.
Bonds Tied to Mortgages Have Hope	5/9/2008 7:57 PM
Maybe there's a way to thrive in the howling wasteland that is the home-loan market. Bonds backed by mortgages look like a buying opportunity, assuming a new spate of defaults doesn't send their prices tumbling again.
Fannie to Aid Underwater Loans	5/9/2008 5:14 PM
Fannie Mae is preparing a program of refinancing mortgages for people who owe more than the current value of their homes. The plan is the latest twist in efforts to contain the surge in foreclosures in much of the U.S.
Russia's Abramovich Buys Colorado Ranch	5/8/2008 9:59 PM
Russian oil magnate Roman Abramovich has bought a Colorado ranch for $36.3 million … Baseball great Henry "Hank" Aaron has listed his West Palm Beach, Fla., home that borders a golf course for $900,000 … plus more. Photos
How to Find Foreign Home Buyers	5/8/2008 8:46 PM
June Fletcher explains how to find real-estate agents who focus on foreign buyers – critical now as these home hunters see U.S. properties as bargains.
For Mortgages Underwater, Help Swims In	5/9/2008 6:35 AM
A small fish with a healthy appetite for mosquito larvae is being pressed into service in California, Arizona, Florida and other areas struggling with foreclosures. The problem: swimming pools of abandoned homes have turned into breeding grounds.
House Passes Homeowner Aid	5/8/2008 10:03 PM
The House passed a package of measures aimed at tackling the housing crisis, but bickering signaled turbulence ahead for the legislation.
Mortgage Firms Cool to Principal-Cut Plan	5/9/2008 12:42 AM
A major provision of the housing-market legislation passed by the House Thursday might not help as many borrowers as some expect, trade groups that represent mortgage companies say.
Real-Estate Drop Has a Green Lining	5/8/2008 10:21 PM
Developers are dropping plans to build on some choice pieces of land and instead are selling it for such uses as public parks and nature preserves.