Buyers Pounce as Homes Go on the Block
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For some investors, the misery of subprime loans, exploding adjustable rate mortgages and slumping sales mean one thing: opportunity.
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U.S. real estate investors are heading  south of the border, putting their money in an array of  projects and properties they believe will generate attractive  returns from Mexico's growing economy.
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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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Not everyone has suffered from the current housing slump. Exceptions include entrepreneurs with deep experience in real estate and those who have carved out a special niche.
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And so the great real estate boom has ended. Left in its wake are anxious sellers and hopeful renters, fidgety buyers and freebie-wielding developers, deserted open houses and blocks crowded with for-sale signs, scaled-back retirement plans and first-time homes that suddenly seem within reach.
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When Delmy Diaz decided to buy a home, she first looked in Columbia Heights. That's where her friends and relatives and favorite stores were.
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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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An auction of foreclosed homes, many of them in fast-growing exurban and desert communities east of Los Angeles, brought out a crowd of potential buyers.
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Real estate prices depend a lot on local conditions.
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By THE ASSOCIATED PRESS SEATTLE A real estate site that publishes estimated values for about 70 million U.S. homes began letting homeowners and real estate agents post sale offers online Thursday.
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The latest data indicates that slowing home sales and the rising number of properties for sale is forcing more sellers to reduce prices in many locations across the country.
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Anxious about buying a house? Here's the best places to ride out a rough market.
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Foreign tourists are keeping brokers busy with their eagerness to buy Manhattan apartments.
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US real estate investors are heading south of the border, putting their money in an array of projects and properties they believe will generate attractive returns from Mexico&#39;s growing economy.
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The case of a small development in Southwest Florida illustrates the important role that real estate investors played in driving a housing boom over the edge.
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Looking to unload your property? It pays to live in these areas, where conditions are ripe for a quick sell.
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By Mike D. Smith, The Beaumont Enterprise, Texas  Feb. 4--Potential buyers who think they have plenty of time to shop for a  good deal before putting up cash for that coveted deer lease or quiet country  plot might not want to wait too long.