_Economy and Finance

CNNMoney Low-ball appraisal: Mortgage denied By Les Christie @CNNMoney March 30, 2012: 5:28 AM ET NEW YORK (CNNMoney) -- You find the home of your dreams. You're pre-approved for a mortgage. You've scheduled the closing. Then ... the appraisal comes in too low and the deal blows up.

CNNMoney Home buying much cheaper than renting By Les Christie @CNNMoney March 21, 2012: 5:13 PM ET NEW YORK (CNNMoney) -- It's the eternal question in real estate: Should I buy or rent?

CNNMoney Foreclosures fall, but there's a 'rising tide' ahead By Les Christie @CNNMoney March 15, 2012: 9:07 AM ET NEW YORK (CNNMoney) -- The number of homes entering foreclosure dropped in February, but a new up-turn may soon be on its way.

http://money.cnn.com/2012/02/15/real_estate/housing_affordability/index.htm?iid=HP_River Home buying: Most affordable in decades By Les Christie @CNNMoney February 16, 2012: 10:05 AM ET NEW YORK (CNNMoney) -- Buying a home is now more affordable than it has been in the last twenty years.

http://money.cnn.com/2012/02/08/real_estate/foreclosure_inventory/index.htm?iid=HP_River Homes in foreclosure decline by 130,000 By Les Christie @CNNMoney February 8, 2012: 9:07 AM ET NEW YORK (CNNMoney) -- Slowly, but surely, the foreclosure crisis seems to be abating.

http://money.cnn.com/2011/12/28/real_estate/foreclosure/index.htm?iid=Lead Foreclosure free ride: 3 years, no payments By Les Christie @CNNMoney December 28, 2011: 10:04 AM ET NEW YORK (CNNMoney) -- Delinquent borrowers facing foreclosure are learning that they can stay in their homes for years, as long as they're willing to put up a fight.

http://money.cnn.com/2011/12/27/real_estate/home_prices/index.htm?iid=HP_River Home prices down for 6th straight month By Les Christie @CNNMoney December 27, 2011: 11:42 AM ET NEW YORK (CNNMoney) -- Home prices fell for the sixth straight month in October, down 1.2% compared with September and 3.4% a year ago, according to the latest S&P/Case-Shiller 20-city index.

Foreclosure sales still pummeling home prices By Les Christie @CNNMoney December 21, 2011: 10:15 AM ET NEW YORK (CNNMoney) -- Nearly five years into the crisis, foreclosures are still weighing heavily on home prices.

Home prices heading for triple-dip By Les Christie October 31, 2011: 5:37 AM ET NEW YORK (CNNMoney) -- The besieged housing market has even further to fall before home prices really hit rock bottom.