Due to bankruptcy, 124 unsold residential units and three unsold commercial units of the Artecity project will be auctioned off to gain ultimate

South Florida home sales were on the rise in May and many local prices either rose, or showed less significant declines than recent median prices-demonstrating hopeful signs of nearby stabilization, said The Miami

Fewer people bought new homes last month. New-home sales fell 2.1 percent in May to a seasonally adjusted annual rate of 319,000 homes, the Commerce Department said. That’s far below the 700,000 homes per year that economists say must

All across the nation, people are affected by foreclosures. Now, with foreclosures declining, the number of bank-owned houses is,

The proposal of a 20 percent down payment under the Dodd Frank Act has been regarded as potentially detrimental, with many lawmakers worrying that first-time homebuyers will be locked out from buying a home; new information, presented at Capitol

As buyers hesitate to invest in a time when loans are hard to obtain and many homeowners are finding themselves underwater, rentals are becoming a desirable

The Emergency Homeowners’ Loan Program (EHLP) is a new $1 billion Obama administration program which is estimated to assist 30,000 unemployed borrowers, who are otherwise straining to avoid foreclosure, reports the Wall Street

Florida is deemed the second largest recipient of aid through the Hardest Hit Fund, with $1 billion being provided; the number one recipient was California, with approximately $2 billion. However, according to the Sun Sentinel, a small portion of

Bank of America, Citigroup, JPMorgan Chase, and Wells Fargo, which combined hold 70 percent of the private mortgage origination market, may soon fill the void Fannie Mae and Freddie Mac leave behind, said Housing

Florida home and condominium sales statewide were on the rise last month, according to the latest housing data released by Florida

A force of approximately 240 lawmakers have now joined the argument against the qualified residential mortgage (QRM) down payment, hoping to reduce the currently proposed rate of 20 percent, said Housing

Web-savvy consumers may not typically desire commercial videos for brands, products, etc. while browsing the web, but data from comScore demonstrates that 83 percent of all Americans watched an online video in May, racking up over 5.6 billion viewing

The number of homes for sale in South Florida has dropped to the lowest number since 2008, said The Palm Beach

Wells Fargo & Co. has confirmed that it is leaving the reverse mortgages sector, but it will continue to act as a servicer up until the departure date of June 30, according to National Mortgage

Nearly 40 percent of all first-time homebuyers in the US are expected to be Hispanic, with some of these potential homebuyers being “affluent Mexican nationals fleeing cartel violence,” said the Houston

According to Housing Wire, what the industry really needs is 6.5 million new homes within the next five years in order “to clear the excess housing inventory” of about 2.5 million