Property Taxes Keep Rising as Home Values Keep Falling

Common sense suggests that as home prices decline, the property taxes based on their valuations ought to as well. But property taxes nationally are clicking higher. Why is this occurring? Several factors are at work — and they…

Housing Starts Growth Beats Expectations in November

The humbled housing sector took a modest step forward last month as starts rose a better-than-predicted 3.9% to a 530,000-unit annual rate. Still, at the current pace, the nation is 18 to 24 months from seeing normal levels of …

The Human Toll of America’s New Ghost Towns

The depressing economic statistics about housing in America are well known, but the numbers don’t tell nearly the whole story. In this series, DailyFinance takes a look at troubled neighborhoods in cities across the country, wh…

Judge Rejects Wells Fargo Foreclosure Documents Again

U.S. Bankruptcy Court Judge Martin Glenn denied Wells Fargo’s request for permission to foreclose on Tandala Mims’s house in the Bronx for a second time on Thursday because he still wasn’t satisfied that Wells — as opposed to…

Picturing the Foreclosure Crisis in Modesto, California

Modesto, California, located 90 miles east of San Francisco, had the nation’s third-highest home foreclosure rate during the third quarter of 2010, just behind Las Vegas, Nevada, and Cape Coral/Fort Meyers, Florida. DailyFinanc…