Jason Donn's (jasonfla) Blog

Formerly resilient areas like Charlotte, N.C., and Boston are struggling, according to the latest S&P/Case-Shiller Home Price Index Home prices in 20 major metro areas nationwide fell 18.2% in November -- a record annual pace -- as the deteriorating economy pulled down previously resilient market...

Fannie Mae announced Tuesday that it would allow qualified renters of foreclosed properties owned by a government-controlled mortgage company to stay in their homes.Under the National Real Estate Owned (REO) Rental Policy, renters of homes acquired by Fannie Mae will be offered a new monthly leas...

Last year was brutal for real estate markets in Florida, California and Arizona. This year won't be much better. In Palm Bay, Fla., a 563,000-person metro area on the central Florida coast, it's not just lush palm trees dotting the landscape--foreclosure signs are all over. Partly to blame? The a...

Washington will give funds to states and cities to rehab houses. Proponents say it will help stabilize neighborhoods, but others say it's too little to do much good. By Tami Luhby, CNNMoney.com senior writer NEW YORK (CNNMoney.com) -- City officials and community activists can't wait to get their...

Les Christie, CNNMoney.com staff writer The real estate market is so awful that buyers are now scooping up homes for as little as $1,000. There are 18 listings in Flint, Mich., for under $3,000, according to Realtor.com. Ther...