| America's ugliest homes and Existing home sales dip in June |
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If you're hunting for a real estate bargain, look no further: Here are 10 cities where the typical home costs less than $82,000If you're hunting for a real estate bargain, look no further: Here are 10 cities where the typical home costs less than $82,000 [Read the full article] The action covered borrowers who were in default between January 1, 2005 and July 1, 2008. Many of the amounts are quite small; the average is about $240, but some borrowers will receive checks of several thousand dollars, the FTC said.The payments will start to go out on Thursday. Countrywide borrowers with questions about the program can call the redress administrator, Gilardi & Co. at 1-888-230-3196, or go online at the FTC's Countrywide Settlement page. The action covered borrowers who were in default between January 1, 2005 and July 1, 2008. Many of the amounts are quite small; the average is about $240, but some borrowers will receive checks of several thousand dollars, the FTC said.The payments will start to go out on Thursday. Countrywide borrowers with questions about the program can call the redress administrator, Gilardi & Co. at 1-888-230-3196, or go online at the FTC's Countrywide Settlement page. [Read the full article] Zillow (Z) priced its IPO late Tuesday at $20 per share. The stock quickly rose to $44 a share Wednesday, where it traded for most of the morning, before drifting as low as $32.50. The stock ended at $35.77, or 79% higher.The company sold 3.46 million shares in the IPO, and the stock is trading on the Nasdaq under the ticker symbol "Z."Zillow provides information about homes, real estate listings and mortgages through its website and mobile app. The company, which is based in Seattle, operates Zillow.com, Zillow Mortgage Marketplace and Zillow Mobile.Unprofitable: Zillow has not yet turned a profit, just like many other Internet companies to make IPO filings this year, including Pandora (P) and Groupon.Zillow revealed in its S-1 filing to the SEC that losses narrowed to $6.8 million in 2010 from a $12.9 million loss in 2009.In the first quarter of 2011, Zillow lost $865,000. In the same quarter last year, the company lost $2.8 million. [Read the full article] 
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