How long do you suppose until any of the mainstream media picks up on the fact that housing prices have, in fact, NOT been declining for the last half year? Now, I realize everyone “knows” that house prices are declining. Unfortunately reality since the beginning of this year is not conforming to what everyone “knows.”

The slow housing market has inspired one San Diego restaurant owner to market her Mission Hills property the best way she knows how – with free food.

In the current economic scenario where the housing market is continuously seeing a downfall and with people losing their jobs, banks are finding ways to foreclose the property loans. Thus, buying a house has become an easier transaction today than it was a couple of years before. With the rise in the foreclosed properties people are able to buy a house at a much cheaper price.

Full story is available on Authority Empire

Lower home-loan limits for guaranteed loans backed by the Federal Housing Administration​, or FHA, Fannie Mae and Freddie Mac go into effect Saturday.

Full story is available on the-signal.com

There may be no subject that has generated more nonsense from politicians and pundits than the subprime mortgage crisis and housing market collapse. Recently, a new book landed on my desk that cuts through the bull and obliterates a pile of widely-propagated falsehoods.

Full story is available on The Huffington Post

The Obama administration expects to spend only about half of the $1 billion set aside last year for a foreclosure-prevention program targeting the unemployed.

Full story is available on The Wall Street Journal

The housing market has been in a serious slump since the Great Recession of 2008. Many homeowners have found themselves owing far more on their homes than the actual value. This has led to a major drop in the net worth of some homeowners. While some areas of the country have seen their housing prices decline gradually, some areas have seen the value of their homes fall off a cliff. Let’s take a look at the five worst housing markets in the United States.

Full story is available on sfgate.com

Mortgage rates are tantalizingly low. But for some homeowners, the opportunity to refinance could be scuttled by an appraisal.

Full story is available on chron.com

Cynthia and Gerald Matthews left a booming property market in Ottawa, the Canadian capital, to buy a home in Bloomington, Indiana, where real estate prices are beginning to recover from a five-year slump.

Full story is available on Business Week

If you’re one of the fiscally responsible Americans who always pay bills in a timely fashion, you may — like me — feel a bit angry when you hear about consumers who received government bailouts in the form of mortgage loan modifications. I don’t begrudge people in need — many of these homeowners took on too much debt, and could no longer afford their loans. I guess I’m just a bit jealous, because I’d like some help paying my bills, too.

Full story is available on Complete Growth Investor