By Les Christie, CNNMoney.com
Last Updated: December 10, 2009: 7:18 AM ET
 
NEW YORK (CNNMoney.com) — Foreclosure filings fell by 8% in November, making it the fourth consecutive month of improvement in the housing market.
 
There were 306,627 filings last month, according to RealtyTrac, an online marketer of foreclosed properties. That decline follows a 3% drop […]

NEW YORK (CNNMoney..com) — The Great Recession has ravaged savings and boosted unemployment rates, forcing people become more conservative with their cash. It has also made homes a lot more affordable — at least for those people still working.
The typical American family, making the nation’s median income of $64,000 a year, could afford […]

The government’s definition for a first time home buyer is surprisingly a mis-nomer.  The President’s stimulus program which he signed last week applies to a broader range of buyers defined as follows:
First-time homebuyers are people who have not owned a home in the previous three years. Repeat buyers must have owned their current home at […]