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FOR SALE BY OWNER FEATURE PROPERTIES

Toll Brothers reported a sharp drop in sales and net new orders as buyers cancelled contracts to buy its more expensive homes.

Toll Brothers sales plunge

category: Real Estate subcategory: Real Estate Industry

08.11.2007 Luxury home builder Toll Brothers issued preliminary fourth-quarter results Thursday that showed a sharp drop in the number of new homes sold and an even deeper plunge in the average price of the home it was able to sell, as buyers canceled orders for its more expensive offerings.  Read more…


Real Estate: Real Estate Industry

Homeowner group slams Countrywide

Countrywide Financial, the nation's biggest home lender and one of those most affected by the subprime mortgage crisis, found itself the target of stinging criticism Thursday from an organization trying to help homeowners in peril. Read more…


Gross: Bush needs to rescue homeowners

Famed bond fund manager Bill Gross said the White House should bail out the millions of American homeowners who face the dreaded prospect of foreclosure this year. Read more…


Mortgage rates decline on Fed move

Mortgage rates declined about one-tenth of a percent across the board last week, continuing recent declines, Freddie Mac reported Thursday. Read more…


The mad dash for housing help

Hundreds of thousands of frightened homeowners looking to get out from under the crumbling walls of the subprime mortgage collapse have found refuge in a variety of programs. Read more…


Mortgage applications slip

Read full story for latest details. Read more…


Soft home prices boost affordability

Midwest cities dominated the top of the most affordable, housing markets list, according to the latest survey from the National Association of Home Builders (NAHB). Read more…


Foreclosures: No relief in sight

The flood of foreclosure filings showed no sign of let-up in July, according to the latest data from RealtyTrac, the online marketer of foreclosure properties. Read more…


Mortgage meltdown: The lawsuits

Earlier this year, a Wisconsin couple won a judgment against Chevy Chase Bank that said the bank deceived them over the terms of their mortgage. Read more…


Your house: Breaking the bank

If you've been reading Money Magazine for any length of time, you surely get that saving for retirement should be your top financial priority. Even so, the past decade's easy appreciation in home values has made such fundamental advice seem, well, a lot less urgent. Read more…


Latest home prices

The median price for a single-family home sold during the three months ended June 30 fell to $223,800, 1.5 percent below the price a year ago. Read more…



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