Stocks struggled near four-year highs Tuesday, while a number of large-cap stocks hit new highs as portfolio managers grabbed top performers as the end of the quarter approached. With the quarter ending Friday, portfolio managers adjusted holdings by buying some of the best performers to dress up their portfolio. About ...
Several pages of a government report on Freddie Mac and Fannie Mae were heavily blacked-out. A simmering debate on Capitol Hill over how to help more than six million Americans struggling to save their home from foreclosure took a strange twist Wednesday. The redactions were made at the request of FHFA “and/or” Freddie Mac, ...
Click image to see inside the million dollar foreclosure. NEW YORK (CNNMoney) — Like millions of Americans, Joanne and John Buchanan are facing foreclosure. But at a value of more than $2 million, the home they stand to lose isn’t your average delinquency. For the Buchanans, it’s the dream house ...
Located in “the Gold Coast of Orange County,” this impressive home with views of Catalina Island and the Pacific Ocean fell into foreclosure in 2010, the same year it was built. At one time, it was in escrow for $28 million. Now, the home is available through a private investment ...
When it comes to dating, homeownership can be the ultimate aphrodisiac. NEW YORK (CNNMoney) — When it comes to dating, homeownership can be the ultimate aphrodisiac. In a survey of 1,000 single people, more than a third of women and 18% of men said they would much rather date a ...
O.J. Simpson’s Kendall, Fla. home. NEW YORK (CNNMoney) — PETA wants O.J. Simpson’s house. To set up a “Meat Is Murder” museum, of course. In a letter addressed to Jaime Dimon, JPMorgan Chase’s CEO, People for the Ethical Treatment of Animals asked if the bank would either donate or sell ...
Out of all of the candidates, former Massachusetts Gov. Mitt Romney owns the most real estate, including a townhouse in Boston and this beachfront home in La Jolla, Calif. Romney bought the home in May, 2008 for $12 million, according to public records. Now, he is planning a massive overhaul ...
A shopper enters The Home Depot store in Campbell, Calif. Home improvement retailer Home Depot said Thursday it has started to hire 70,000 seasonal workers for the spring, the company’s busiest selling and hiring season. Spring is the busiest season for all home improvement retailers as home owners work on ...
The decline was disappointing in light of several other recent reports, which painted a more positive picture of the housing market. In recent weeks, reports on new home sales, existing home sales and home building all recorded increases. In addtion, mortgage rates are at record lows, which should be giving ...
NEW YORK (CNNMoney) — The modest housing market winning streak continued as the Census Bureau reported Friday that sales of new homes rose again in November to an annualized rate of 315,000. That was up 1.6% compared with the revised October rate of 310,000 and 9.8% higher than November 2010. ...
NEW YORK (CNNMoney) — Happy holidays, homebuyers! You just got a very nice present. Mortgage rates have hit record lows, with the interest rate on a 30-year, fixed-rate loan, the most popular choice of homebuyers, averaging 3.91% this week, according to Freddie Mac’s Primary Mortgage Market Survey. That’s down from ...
Suzanne DeChillo/The New York Times LOOKING TO BUY Steve and Logan Kinney, two teachers who live in Queens, are saving as best they can. LIKE many young married people, Steve and Logan Kinney dream of owning a home. So after several years of diligent saving, the couple, both teachers, scoured ...
NEW YORK (CNNMoney) — With job openings scarce, getting adult children to leave the nest is becoming a lot more difficult. The number of adult children who live with their parents, especially young males, has soared since the economy started heading south. Among males age 25 to 34, 19% live ...
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Construction of this Tudor revival mansion began around 1900 for licorice tycoon Alvin Tillinghast. However, he ran low on funds and the builder took back the unfinished home, eventually trading it for 12 Pope-Toledo motorcars. It’s clear where some of Tillinghast’s money was spent. No expense was spared building this ...
Sandusky, Ohio is a city with million-dollar water views and a whole lot of $100,000 houses. With a median family income of $64,000 and median home selling price of $76,000, this city on Lake Erie, midway between Cleveland and Toledo, could be the most affordable housing market in the ...
The constitutional struggle around Obamacare sputters along. Here’s the latest report from Shaun Martin, who blogs on Ninth Circuit decisions. The Pacific Justice Instituteneglected to say anything about whether or not their plaintiff had insurance so the case was dismissed for lack of standing. It’s a little like the judge ...
