Home Owner

Three years ago, Lamar Grace left Detroit for the suburb of Southfield. He got a good deal — a 3,000-square-foot colonial that once was worth $220,000. In foreclosure, he paid $109,000.

A buyer's market may not be the best time to sell a house on your own, without a Realtor, but Richard and Celia Brown of Media, Pa., are trying to anyway.

The drumbeat from the housing community was loud and clear in 2010: There was never a better time to buy a home.

Scholars have long argued that the mortgage deduction supporting housing is not economically efficient.

In a survey released last week, nearly half, or 49 percent of U.S. adults surveyed for two real estate Web sites are at least somewhat likely to consider buying a foreclosed property. That's up from 45 percent in May.

In a largely token vote, the House on Wednesday declined to override President Barack Obama's veto of legislation that could have facilitated the processing of home foreclosure documents.

The number of Americans at risk of foreclosure improved slightly over the summer but hardly enough to suggest the crisis in the housing market is close to over.

Most U.S. homeowners should get some relief on their heating bills this winter. Gas prices are dropping.

Housing analysts say scandalous bank procedures threaten to further unhinge the housing market.

Thousands lined up at the L.A. Convention Center on Thurs for help with mortgages they can no longer afford.