Weekly Roundup: IRS targets million-dollar loans

Here’s your chance to catch up with news included to inform, enlighten and perhaps even entertain you. To read about The Big Apple, check out the other of today’s posts and look for Out and About early next week.

With the sale of her two apartments, perhaps she’s finding bliss

What would Miss Piggy say about the sale price of her old home?

An actor’s hoping to see live buyers and an author wants $745,000 on Artists’ Row

Case-Shiller records downward trend in January

Percentage of forced sales is rising, putting pressure on prices

Pending home sales increase in February but inconsistently across the country

1.8 million homes now counted as shadow inventory, down from 2 million one year ago

It is no mystery why new homes lag sales of previously owned ones

Slight increase posted for 30-year and adjustable-rate loans

Lying borrower gets a new home complete with bars

Homeowners with more than $1 million mortgage face Continue reading

Housing bulls and bears clash politely in Fortune

Don’t expect home prices to stop dropping before mid-2010 at the earliest, analysts and economists tell Fortune magazine.

They may be right, but I can’t help wondering whether they are the same crowd that failed to forecast the end of the housing boom.  Says the magazine: Continue reading