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Figuring out a solution to the foreclosure crisis is turning out to be a divisive issue. Nobody wants to see people get kicked out of their home, but as my wife said reading the paper yesterday 'Can I get a reduction in my mortgage too?'

—Chris Palmeri, Hot Property

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Home Equity Crunch

Mortgage woes hit home equity loans

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Swedish Meatballs: Saab and Volvo

These U.S.-owned Swedish marques are struggling to reinvent themselves in the quest for buyers

 

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Real Estate News

Foreclosure Bargains on the Block

Even in affluent communities, foreclosures often offer a chance to buy a luxury home for as much as 40% or more off the market value

Strong Summer Rentals for the Hamptons

The home sales market in the Hamptons fell 42%, but many wealthy Americans and Europeans are still happy to rent

Is Manhattan Immune from the Real Estate Bust?

For the time being, yes. But if Wall Street continues to struggle, that could change

Good-Bye, Cheap Oil. So Long, Suburbia?

Author James Kunstler says the Automotive Age is almost history and deconstructs McMansion living

It's Spring. Ready to Buy a Home Yet?

Spring has always been busy for real estate. Even though buyers and sellers remain cautious, now could be a good time to make a move

Homeowners Stuck in Unfinished Projects

Lacking funds, builders abandon many new developments, leaving homeowners and local municipalities to foot the bill

Special Report: Luxury Real Estate in the Recession

Prices in exclusive Zip Codes at the very top of the housing chain remain buoyant, despite the general malaise

Paying a Broker to Sell Your Home Faster

As houses are becoming harder to sell, some agents are charging more than the standard 6% commission to guarantee better results

College Towns: Still a Smart Investment

Property values in college towns are holding strong and can make a good investment whether you're a parent, an investor, or just looking to relocate

Luxury Homes Buck the Trend

The overall housing market might be in bad shape, but at the very top luxury homes are still setting record prices

Are You Overpaying for Where You Live?

As the economy stumbles, even residents of affluent suburbs are feeling pinched by basic costs that never bothered them before

Where the Affordable Suburbs Are

Demand—and prices—for homes in the best suburbs remains strong. But good deals in good communities exist if you know where to look

Best Houses of the Week

Mass. Appeal

Vermont Values

Great Estates in the Granite State

The Maine Thing

Real Estate Lists

The Best and Worst Housing Markets 2007

Where New Homes Are Selling Worst

How Housing is Holding Up Around the World

Countries with the Most Millionaire Households

IN YOUR FACE: LOW PRICES COULD BACKFIRE

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Reader Ron Boto Writes:

"The focus should be on continually improving your position in the customer's mind while maintaining necessary pricing. Thinking you can compete on price alone can kill you."

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