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The number of homeowners who owe more than their houses are worth fell for the third straight quarter this summer.
That means if you're looking to buy you can still find a great deal.
Construction of new homes fell sharply in October, fresh evidence that the housing industry remains under duress.
The number of U.S. homes repossessed by lenders last month fell by the sharpest margin this year, as several major lenders temporarily halted most or all of their foreclosures amid allegations thousands of foreclosures were handled improperly.
The Standard & Poor's/Case-Shiller 20-city home price index released Tuesday fell 0.2 percent in August from July
Home construction rose slightly last month on the strength of single-family homes, but the market was still too weak to propel growth in the battered industry.
Rates on 30-year mortgages fell to 4.19 percent, the lowest level in decades. They were pushed down by lower Treasury bond yields.
There are plenty of qualifications you’ll need to meet in order to be one of the 4,000 households Save My Home AZ hopes to help.
While home builders are busier in many parts of the country, those in Arizona are seeing less work.
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