Housing crisis keeps buyers on sidelines
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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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The state&#39;s housing market continued to hit record levels last month as a dip in mortgage rates and improved inventories spurred many buyers to action, according to the Massachusetts Association of Realtors.
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The turmoil tearing through the residential mortgage market will probably harm everyday investors.
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U.S. home sales will be a good deal  weaker this year than earlier thought as potential buyers  remain on the sidelines waiting for better deals, a national  real estate group said on Thursday.
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Distinctions between local economies are being overridden by a mortgage market that has made it more difficult for many would-be homebuyers to obtain financing.
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Lenders are pulling deals for 100%-plus mortgages, leaving first-time buyers with a financial headache.
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There's a marketing blitz underway aimed at the homeowner in denial -- the one missing mortgage payments, dodging calls from the lender and hoping for the best.
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The realty space is being disrupted.
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WASHINGTON -- Sales of previously owned homes inched up in November but that didn't change the overall bleak picture for an ailing housing industry that has been suffering through a painful slump.
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Business & money: Â· Buyers renegotiate deal in face of tighter creditÂ· Housing sales fall for five successive months.
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Even with the downturn in the real estate market, houses in the Boston area will continue to be unaffordable for many working families and first-time homebuyers, according to a new report from Harvard University's Joint Center for Housing Studies.
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A troubled company in the troubled housing sector.
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Applications to buy and refinance homes dropped last week, an industry trade group said on Wednesday, the latest sign that U.S. housing remains mired in a downturn.
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Hereâs one way to deal with home prices that remain stubbornly high despite the recent downturn: Buy your second home first.
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A lean supply of homes in hot  markets and a growing U.S. economy is expected to keep house  prices in most parts of the country from reversing course,  analysts and real estate agents say.
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Homebuilder teeters on the edge of bankruptcy as bondholders circle like vultures awaiting its default.
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Home prices have plunged by 10 percent or more in some parts of the United States and interest rates on mortgages are at enticing levels, but many potential buyers are waiting for prices to fall further.