AP - Questions and answers about the Hope for Homeowners Act of 2008, passed by Congress last weekend to try to steer as many as 400,000 struggling homeowners away from foreclosure:

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The housing downturn has got real estate agents, buyers and sellers changing their strategies.
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Today’s poor real estate market has buyers and sellers changing strategies.
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Greg McCoach (goldworld.com) discusses the Housing Market Collapse, the rest of Adjustable Rate Mortgages and why it s important to diversify into precious metals…

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Question: I’ve spoken to a few home builders in the San Francisco Bay Area and they expect things to pick up in the second half of the year. But this is a different market than the rest of U.S. –Ander Vazquez, Marcus & Millichap.
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Only today’s bravest buyers would consider homes in cities like Las Vegas and Tampa, where rampant foreclosures are sinking already weak real estate markets.
But in markets in other cities, where there are hints of stabilization, foreclosed properties might be a good investment.
You’ll find such spots in …
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Sellers - and some agents - are failing to adjust to the new mood in the housing market. Many advisers have highlighted keen pricing as the key factor to achieving a sale, yet data just released by Primelocation.com indicates that the average asking price of better homes in London is now 3.1 per cent higher […]

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From Rancho Santa Fe, Calif., to Closter, N.J., there are plenty of luxury homes on the market ripe for the picking.
In Detroit and Southern California, foreclosure opportunists are going after cheap homes in downtrodden neighborhoods, which are selling in the five-figure range.
But there are plenty of million dollar-plus homes out there, in good neighborhoods, which […]

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