- US Existing Home Sales Smash August Forecast
September 19 2012 11:04 AM
Sales of previously owned homes rose 7.8 percent in August to the highest level since May 2010, and construction starts also increased.
- 3 Reports To Shed Light On US Housing Sector
September 18 2012 6:12 AM
Three key U.S. housing reports Wednesday are expected to show small improvements in the market.
- How Washington Subsidizes Home-Buying For The 1%: Report
September 14 2012 6:49 AM
Government-owned Fannie Mae and Freddie Mac, which were set up to help blue-collar and middle-class workers buy their own homes at lower interest rates, are also helping the nation's one percent to purchase luxurious homes.
- Manhattan Rental Vacancy Hits 3-Yr High As Rentals Climb To Record
September 13 2012 1:04 PM
Citi Habitats, the city's largest rental brokerage, said Manhattan's residential vacancy rate jumped to a three-year high in August as rents continued to escalate.
- US Homebuilder Stocks Surge, But Will It Last?
September 12 2012 5:42 PM
One of the best-performing sectors this year was also one of the hardest hit by the recession: homebuilders, whose stocks have outpaced the broader market with a modest rebound in home prices and increased demand for properties, but much of recovery has unevenly benefited the luxury sector.
- More Homeowners Rise Above Underwater Mortgages In 2Q: CoreLogic
September 12 2012 1:59 PM
The number of U.S. homeowners with negative equity, or underwater mortgages, fell in the second quarter as home prices increased and inventory fell, foreclosure data firm CoreLogic said Wednesday.
- A Decade Later, Airlines Could Lose Billions In 9/11 Lawsuit
September 11 2012 5:49 PM
Damages in a lawsuit filed against American Airlines (PINK:AAMRQ), United Airlines (NYSE:UAL) and other companies in connection to the Sept. 11, 2001, terrorist attacks could total upward of $2.8 billion.
- US Foreclosures Have Modest Impact On Nearby Home Prices: NBER
September 11 2012 6:14 AM
Foreclosed properties in the U.S. cause only a modest decline on the home prices of nearby properties, and the effects go away a year after the distressed property is resold, according to a working paper by the National Bureau of Economic Research.
- Paul Volcker, Regulation Icon, Freed Fannie Mae From Oversight
September 07 2012 6:21 PM
Paul Volcker, the former Federal Reserve chairman and a great proponent of new bank regulations, was a key enabler in the rise and eventual collapse of Fannie Mae, the government-sponsored enterprise focused on mortgage financing, according to a new book.
- There Is Still No US Housing Recovery: Experts
August 31 2012 6:22 AM
Three reports released this week demonstrated positive trends in the U.S. housing market, but experts warn that a real recovery is still months away.
- Naomi Campbell’s Turkish Island House Described As Energy Efficient, Other Stars Who Support Sustainability
August 27 2012 3:05 PM
Naomi Campbell’s Turkish island house was given as a gift to the star nearly a year ago in September, but the supermodel hasn’t always lived such a lavish life. It was recently reported that while Campbell was growing up, her mother was pushed to sell her home in order to pay for her daughter’s stage school.
- Frank Gehry And Facebook: A Surprisingly Pastoral Partnership
August 24 2012 4:45 PM
Facebook Inc. (Nasdaq: FB)'s stock may be sinking, but it is forging ahead with an expansion to its campus in Menlo Park, Calif., designed by the renowned architect Frank Gehry.
- Bill Ackman Strikes Again With General Growth Properties Bid
August 24 2012 12:44 PM
Bill Ackman, the mercurial hedge fund manager of Pershing Square Capital LLP and activist investor, is at it again. Ackman said in a regulatory filing Thursday that his company had been in talks with Simon Property Group Inc. (NYSE: SPG), the largest U.S. mall owner, regarding a takeover of General Group Properties Inc. (NYSE: GGP), its next largest rival.
- US Mortgage Tax Deduction Remains Touchy Subject For Romney, Ryan And GOP
August 23 2012 5:30 PM
The government's role in the housing market does not generally inspire the same impassioned responses as abortion or health care, but the future of one mortgage tax policy could affect the fate of around $85 billion in taxpayer benefits.
- Kate 'Ma' Barker, Mother Of 1930's Gangster Fred 'Doc' Barker, Home For Sale; Florida House Still Riddled With Original Bullet Holes [PHOTOS]
August 22 2012 9:14 AM
The Florida home of Kate "Ma" Barker, matriarch of the infamous Barker gang from the "public enemy era," is currently up for sale. Check out photos of the 2,016 square foot estate
- Home Prices Fall Around The World, But Unevenly: Economist
August 21 2012 5:56 AM
The real estate erosion has gone global. Home prices are down in 12 of 21 countries tracked by the Economist on an annual basis in July, and five additional countries experienced slower growth.
- 'Sharpies Parties' Use Social Media To Galvanize Anger Vs. Foreclosed Homes
August 17 2012 12:42 PM
Amid the continue foreclosure crisis, some young people are taking to social media to redirect their frustration and coordinate larger acts of vandalism against abandoned properties.
- US Treasury Bets On Housing Recovery With Fannie, Freddie Tax Repayments
August 17 2012 12:25 PM
The U.S. Treasury is accelerating taxpayer repayments by Fannie Mae and Freddie Mac, the mortgage finance companies that own or guarantee around 60 percent of the country's housing market, but the strategy will only work if the housing market continues to improve.
- Don't Fear Housing Shadow Inventory: Barclays
August 15 2012 5:48 PM
With the national housing market showing signs of a rebound, analysts are saying shadow inventory might not be such a threat after all.
- The World’s Most Livable Cities In 2012 [SLIDESHOW]
August 15 2012 1:55 PM
How “livable” is your city?