Find out which large real estate markets fared best during the first half of 2011, and which ones may have modest gains in the second half.

Principal reductions on mortgages "would negatively impact the housing market, reduce home loans, and potentially put home ownership out of reach for millions of Americans," a state attorney general and MBA president said in testimony to Congress this week.

About 2 million home owners who were foreclosed upon in 2009 or 2010 can now demand a review of their case.

Miami, Los Angeles, and Phoenix have traditionally boasted the nation's largest inventory of foreclosures since the housing crisis began--until now. The city that has overtaken the top spot has surprised some.