Real Estate News from CashAdvance.com

Children in Empty House

Homeownership Drops More Than Any Time Since Great Depression

Figures released by the Census Bureau have put the 10-year period of 2000 to 2010 as the worst decade for homeownership since the 1930s.

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Young People With Laptop and Phone

Government Mortgage Help Program Fails to Live Up to Expectations

The Emergency Homeowners’ Loan Program has $1 billion in loans for jobless homeowners, but will spend only half of that as many applicants are being denied.

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Man Inspecting Home Construction

New House Construction Drops in August

According to the Commerce Department, construction of new houses in August dropped to a three-month low. While Irene can be blamed a bit, it is still bad news.

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Suburban House

Mortgage Rates Are Down In August While Foreclosures Are Up

A 30-year fixed-rate mortgage has dropped to its lowest rate in 60 years. Reports also show that foreclosure filings increased in the same month by 7 percent.

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Putting Money in Suit Pocket

California Sues Lawyers for Victimizing Homeowners

The California Attorney General has filed suit against four Southern California lawyers accusing them of defrauding homeowners for thousands of dollars.

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Flooded Street

Hurricane Irene Drains FEMA and Wreaks Havoc on Insurance Plans

The Federal Disaster Relief Fund, which supplies money to individuals and areas afflicted by disasters like Hurricane Irene, has nearly run dry.

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Lawyers Arguing

Attorneys General Quarrel Over Improper Foreclosure Settlement

Squabbling among state attorneys general has created delays in a settlement between states and mortgage lenders over improper foreclosures.

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Home for Sale

US Housing Market Endangered by Potential Market Glut

As the U.S. housing market slowly begins to stabilize, storm clouds are growing. An influx of homes for sale would cause real estate values to drop even lower.

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