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THIS WEEK FEATURE PROPERTIES:

Real Estate News

Home prices climb for fourth straight month

Home prices were up nearly 1% compared with June, but are still down over 4% from a year ago

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Fannie Mae ignored foreclosure abuses

Fannie Mae allowed foreclosure processing misdeeds to go unchecked, according the Federal Housing Finance Agency's inspector general.

Mortgage help for unemployed disappears

A $1 billion federal mortgage program to help the unemployed is expected to reach only a small sliver of those who applied.

Big mortgages: Harder to get and more expensive

The caps on loans that can be backed by the federal government will be drastically reduced, throwing another hurdle in the path of the housing market 

Affordable mansions for sale

Ever dream of having your own reception hall or a dining room that could seat 20 people? These mansions offer lots of living space for less than what it costs to buy a one-bedroom condo in New York. 

 

Existing home sales jump in August

Sales of existing homes jumped 7.7% last month as falling prices lured buyers back into the market, according to a report from the National Association of Realtors