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Obama ups pressure on banks to help homeowners

Struggling to stem the swelling foreclosure tide, the Obama administration announced new steps Monday to pressure banks to help homeowners long term.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/DkvGJXROfRc" height="1" width="1"/

The greatest real estate turnaround ever

Charlotte Street was an apocalyptic nightmare version of urban life.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/ERO150DGTPs" height="1" width="1"/

Will your hometown be a boomtown again?

Since the crash, we've gotten used to thinking of real estate as a market shaped by national forces: Interest rates went down, Wall Street and homebuyers went nuts, regulators fell asleep at the switch, and -- voilà -- we had ourselves a bubble.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/wY_-hUNvtTA" height="1" width="1"/

Monopoly Game Has A New Look

pimg alt="MonopolyCityPkg.JPG" src="http://www.businessweek.com/the_thread/hotproperty/archives/MonopolyCityPkg.JPG" width="440" height="290" //p pI suspect many a real estate mogul got their start playing the board game classic Monopoly. It has a new look this year. This time rather than just houses and hotels, players can also build industrial buildings, railroads and sports stadiums, many in 3D versions in the center of the board./p pThis being a game, players can also put up bonus buildings that protect their properties or “hazard buildings” that lower the value of opponent’s properties. Not sure what the real world equivalent of those would be, maybe a night club./p pParker Brothers launched Monopoly during the Great Depression and it was a huge hit in those tough times. This year though, going bankrupt and losing property seems a little too close to home.br / /pimg src="http://feeds.feedburner.com/~r/bw_rss/hotproperty/~4/PcTFS30gI-U" height="1" width="1"/

1 in 4 mortgages ‘underwater’

In a sign that more foreclosures could be on the horizon, 23% of people with mortgages owe more than their home is worth, according to a report released Tuesday.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/v1pBYj1Gl58" height="1" width="1"/

Home prices climb for 2nd straight quarter

Home prices rose for the second consecutive quarter but remained nearly 9% lower than a year earlier, according to a housing market report issued Tuesday.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/RjUnsYsIW-A" height="1" width="1"/

Better digs, less money

These 6 businesses took advantage of crashed real estate prices to trade up for new stores and office space.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/Q6uuFd5ZtVU" height="1" width="1"/

You don’t have to be a millionaire to buy a house

The Great Recession has ravaged savings and boosted unemployment rates, forcing people become more conservative with their cash. It has also made homes a lot more affordable -- at least for those people still working.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/0rRjQ6NGVEU" height="1" width="1"/

Rebuilding from real estate rubble

Semper fidelis, the U.S. Marine Corps motto, means "always faithful" in Latin. As a young grunt serving at Camp Lejeune, N.C., Duane Draughon learned to remain loyal to the mission -- "whatever the cost," he says.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/oQi3bh77F2A" height="1" width="1"/

Obama mortgage rescue: Only a few get lasting help

Only a tiny percentage of troubled homeowners have received permanent modifications under President Obama's foreclosure prevention plan, raising concerns about the effectiveness of the $75 billion effort.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/Q4HeMd7izf0" height="1" width="1"/
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