Real Estate News
Foreclosure-prevention efforts bog down
Efforts to ease California's foreclosure woes, among the worst in the nation, are running into roadblocks at the state Capitol.
Real Estate News
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REAL ESTATE NEWS
Oprah Winfrey condo for sale
Media giant and former talk-show host Oprah Winfrey placed her eight-room, 4,607-square-footco-op unit on the market on Tuesday for $2.8 million, half of what she paid for the unit in 2006.
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REAL ESTATE NEWS
Real-estate market improving
More green shoots are appearing in the nation's long-dormant housing market.
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REAL ESTATE NEWS
'Extras' now offered in sale of Hepburn estate
Usually, when a property doesn't sell after a year, the owner might consider dropping the price.
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REAL ESTATE NEWS
Foreclosure activity sinks to a five-year low
Foreclosure activity in the United States fell last month to its lowest level since the start of the credit crisis in 2007, driven largely by drops in states such as California, where the process occurs outside of the courtroom.
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REAL ESTATE NEWS
Lenders less leery of reducing homeowners' principal
Principal reduction, long a nonstarter with lenders, has suddenly become a potential reality for thousands of homeowners who owe far more than their houses are worth.
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