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Topic: Pacific Northwest

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  • 10 best cities to buy short sale homes

    Foreclosures are tough: Homeowners lose their houses and ruin their credit, while banks get stuck with vacant, deteriorating real estate for months before selling it at a considerable loss. Increasingly, banks are finding another way: the short sale. Instead of waiting to foreclose, a bank preemptively sells a home at a deep discount and closes out the underwater mortgage, even if the house sells for less than the value of the mortgage. The result: Homeowners shed their mortgage debt, and banks unload properties more quickly and inexpensively. Here are the Top 10 metropolitan areas with the biggest average discounts on these pre-foreclosure homes, according to online foreclosure marketplace RealtyTrac. Can you guess which city is No. 1?

  • Foreclosures on the rise: Is your city on the Top 10 list?

    Foreclosures have been huge in cities that rode the real estate bubble in the West and in Florida. But the fastest rise in foreclosures is taking place primarily in far less frothy metropolitan areas of the Southeast, according to a new report by RealtyTrac. North Carolina alone was home to four of the Top 10 fastest-rising foreclosure metros last year. While their foreclosure rates are still quite low compared with most places, these metros and their plight illustrate how the poor economy is driving the housing crisis now.

  • Home heating 101: six cold facts on staying warm this winter

    Oil prices are high, while natural gas and electric costs have either stayed the same or gone lower. Here is the outlook for the winter home heating season.

  • Photos of the Day: Photos of the Day 11/23

  • Bestselling books the week of 9/9/10, according to IndieBound*

    What's selling best in independent bookstores across America.

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Photos of the day

05.29.12 »

What happens when ordinary people decide to pay it forward? Extraordinary change. See how individuals are making a difference...

Mae Azango has gone undercover to report on female circumcision, a rite of the Sande society in Liberia that is performed on young girls.

Mae Azango exposed a secret ritual in Liberia, putting her life in danger

When journalist Mae Azango wrote about a secret women's circumcision ritual in Liberia, she received death threats.

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