Home Buyers Forced to Change Tactics
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The credit crunch has turned $417,000 into the magic number for home buyers shopping for mortgages.
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Imagine buying the most expensive house on a good-looking block that appears to be on the upswing. Within three years, the neighborhood craters, your oldest kid starts backtalking and your spouse pesters you to sell the house and get out. Meanwhile, you're stuck with a fat mortgage.
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The subprime mortgage mess has created a mixed blessing for potential homebuyers.
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Mortgage lenders have hit back at accusations that they are responsible for the rapid rise in house prices.
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The Internet can make it cheaper to buy a house, but not everyone is putting out the welcome mat
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Imagine buying a new home where your  neighbors can decide how it's decorated, what you cook for  dinner, how big your dog is and what kind of sex you have. And  they can toss you out if they don't like it.
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Real estate prices depend a lot on local conditions.
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Slowing real estate sales coupled with the subprime mortgage mess are two of the reasons some people say a recession is nigh.
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For some prospective home buyers in Southern California, the effect of the U.S. mortgage crisis has been to keep them on the sidelines of the home market, wary of stepping in for fear prices will fall further.
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As mortgage defaults rise, more houses are being put up for auction  -  and more people are seeing a chance to make big bucks. But there are risks
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Turning potential housing into inhabited homes is proving to be a major challenge for the city.
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House market trends are shifting away from a sellers' market and now favour buyers, new figures suggest.
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New strategies are alienating high-volume sellers, and they're taking their business elsewhere.
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The American fetish for homeownership can lead to some perverted outcomes.
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Some experts say American policymakers are confusing tactical adjustments with a strategy.
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With the housing market in decline, financial predators are finding yet another way to take advantage of people behind on their payments.
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The National Association of Realtors is still talking out of both sides of its mouth.