More Americans Purchase Second Homes in Mexico A million-plus U.S. citizens own vacation residences across the border, reports the National Association of Realtors. We take a look at three properties on the market -- one on the Baja peninsula, another on the Mexican Riviera and the third in Punta Mita. Read more...   Sales of New Homes Fall 4.3%; Inventories Hit an 11-year High The number of new homes sold dropped in July to a seasonally adjusted annual rate of 1.07 million, the Commerce Department said Thursday. The volume of properties on the market reached a record, while median prices flattened out. Read more...   Tips and Tactics for Selling Your Home Through Auction Offering your home up to the highest bidder can be both efficient and practical. June Fletcher offers suggestions on how to find a reputable auctioneer, whether to place a reserve on your property, and why going the auctioning route can be profitable. Read more...   Housing Market Will Deflate Economy, Economist Says There will be a recession by 2007, economist Nouriel Roubini predicts. The collapse of housing will bring down the rest of the economy, he says. Read more...

In New England, a Different Kind Of Fall As Housing Market Cools Buyer demand for houses is slowing in many parts of the country but there is a distinct chill in the Northeast as a persistent exodus of residents and a stagnant economy are depressing home sales. Read more...   Why a House Is Not a Piggy Bank To Tap Into For Your Retirement The value you build up in your residence isn't a savings account, although many Americans are tempted to think it is. The smartest way to think about home equity, financial planners say, is as a cushion just in case savings calculations are off or liquid assets are depleted. Read more...   Top-Ranked Places to Live And Where Prices Are Falling This week's survey of real-estate news from across the Web takes a look at a ranking of the most livable towns and cities, a boom-time best performer that is now experiencing price cuts, and a unique form of housing in the San Francisco Bay Area whose price has appreciated three times more than local homes. Read more...   Baby-Boomer Apartment Investors Sell Despite Trend in Rising Rents Maintenance hassles are leading some homeowners to unload these properties as they get closer to retirement. Many are looking for alternate, less intensive investments. Read more...   Homeowner's Family Retreat Turns into Profitable Investment An industrial sales manager decides to sell his vacation condo on Lake Michigan after owning it for three years. He is pleasantly surprised when he pockets a 22% profit upon the sale of his unit. Read more...   For-Sale Signs Multiply Across U.S. As Supplies Rise and Prices Slip The housing market continues to weaken in much of the country as inventories of unsold homes increase and many sellers cut their asking prices, according to a Wall Street Journal survey. Read more...   Hiring a Contractor to Tutor You On Tricky Do-It-Yourself Projects Deciding whether to take on a challenging job or call in a professional is a dilemma for passionate homeowners. But there is a little-known third option: Call in a pro and work together. Read more...   Existing-Home Sales Post Decline As Higher Interest Rates Deter Buyers In May, U.S. sales fell to a 6.67 million annual rate a slight decline from April's revised figure, the National Association of Realtors said Tuesday. Read more...   Softer Housing Sector Is Seen, But Data Don't Point to Collapse May's rebound in housing starts may be a temporary pause in a downward trend, economists say. Builders are responding to widespread expectations that the housing boom is ending. Read more...   Resisting Condos, Not Charm In Hendersonville, North Carolina In this hamlet, locals so cherish their small-town image that they call it Hooterville, named after two fictional TV locales. Now, a proposed condo has residents spitting mad -- and that was before they knew that The Donald is involved. Read more...   Soft Spots in the Market; Buyers Try to Get More for the Money This week's survey of real-estate news from across the Web takes a look at slowing sales in Florida and Los Angeles, New York buyers who are bartering goods and services for real estate, a Texas locale popular across the border, and why first-time homeowners are purchasing 'skinny' houses. Read more...   Homeowner Gets Caught Up In a Classic Mortgage Swindle Lew Sichelman on possible recourses for a home seller who has fallen prey to a inflated-appraisal scam and for one reader who was snookered out of a property she was to inherit. Read more...   Spa Communities Multiply; Offer Pampering to Residents Known for its natural shampoos and skin care Estee Lauder is forging into a growing area of real estate: spa-based communities. Read more...   Ski Vacation Home Nets Homeowners Large Profit A San Diego couple purchases a condo in Park City, Utah, to enjoy the vacation spot's great slopes, but sell it for almost double what they paid for it to save for retirement. Read more...   Move Over, McMansions: Microhouses Are on the Rise Architects are packing many of the amenities of a traditional, American-sized home into one-fifth of the space. These small places are luring buyers looking for vacation getaways, art studios or even full-time residences. Read more...

More... Buyers in Search of Bargains Turn to Once Undesirable Locales Harvard University Predicts Soft Landing for Housing Market Study Says 39% of U.S. Housing Is at Risk for Falling Home Values 'Undervalued' Town Lacks Buyers; Economists Fail to Predict Prices

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