Roland Li

Improving market fundamentals will bolster the commercial real estate market in 2012, according to the National Association of Realtors (NAR).

New single-family home sales totaled 307,000 in October, an increase over the previous month, but fell below analysts' expectations.

A retail space at 60 Greene Street in Manhattan's Soho neighborhood has sold for $10.35 million, according to New York City records, one of two recent deals that cement the street's reputation as a desirable retail strip. Across the street, 57-63 Greene's retail condo is close to a deal, according to David Schechtman of Eastern Consolidated, one of the listing brokers.

Standard and Poor's on Friday downgraded Belgium's sovereign debt from AA+ to AA with a negative outlook.

The U.S. average 30-year fixed-rate mortgage rate remained steady at 3.98 percent in the week ending Nov. 17, according to Freddie Mac.

Revelations that Donald Trump's brand value is $3 billion of his total net worth of around $7 billion underscored the mogul's shift away from real estate.

A mixed-use building at 21-23 Maiden Lane in Lower Manhattan has been sold for $14.5 million, according to New York City records.

The Greenwich Village townhouse at 64 Perry Street, next door to the fictional apartment of Carrie Bradshaw in Sex in the City, has sold for $9 million, according to New York City records.

With Steven J. Baum closing, foreclosure business is expected to diffuse among smaller, local firms in New York State, real estate lawyers told IBTimes.

After being blacklisted by Fannie Mae and Freddie Mac, troubled foreclosure firm Steven J. Baum PC announced on Monday that it would be closing.

The U.S. Department of Housing and Urban Development (HUD) is pushing back against a report that said the Federal Housing Administration (FHA), a major backer of residential mortgages, could require a bailout.

South Korean Starcraft II professional gamer Lee Leenock Dong Nyung won Major League Gaming's 2011 Championship in Providence on Sunday in a surprising surge, taking out titans from both in and outside South Korea.

The U.S. House and Senate voted to increase the threshold of mortgages backed by the Federal Housing Adminstration (FHA) to $729,750, a move that would give more homeowners access to lower interest rates.

Forest City Ratner revealed on Thursday renderings of a 32-story residential tower that will abut the Barclays Arena at Atlantic Yards.

Citibank has sold servicing rights for a $2.6 billion real estate loan portfolio to CWCapital LLC, the companies announced on Wednesday.

Delinquent U.S. mortgage payments fell to 7.99 percent in the third quarter, down from 9.1 percent from a year earlier, according to the Mortgage Bankers Assocation.

Less than four months before the Penn State sex abuse scandal erupted, Joe Paterno transferred full ownership of his Pennsylvania home to his wife, Suzanne, for $1 plus love and affection, according to county records.

Real estate mogul Sam Zell's Equity Residential is the lead bidder to buy 53 percent of rival company Archstone for over $2.5 billion, the Wall Street Journal reported.

The Federal Housing Admistration said in its annual financial report that its cash reserves had fallen to $2.6 billion, down from $4.7, intensifying the likelihood of a taxpayer bailout.

Architects Robert A.M. Stern and Thom Mayne, along with real estate broker Mary Ann Tighe, closed out Tuesday's Zoning the City conference with a wide-ranging discussion that focused on New York, while acknowledging the changing skylines around the world.

Experts detailed New York's economic, social and environmental challenges on Tuesday in Zoning the City, an urban planning conference held in midtown.

Young Woo & Associates has sold the retail space at 72 Wall St. in Lower Manhattan for $14.5 million, according to New York City records.

An apartment at Waldorf Towers in Manhattan has been listed this week for a sky-high rent of $130,000 per month, making it the most expensive active rental listing in the city.

The Federal Housing Administration, which guarantees around a third of U.S. mortgages, faces dwindling cash reserves and could require a taxpayer bailout, according to a forthcoming study by Joseph Gyourko, a professor at the Wharton School.

Brookfield Asset Management, the Canadian investment firm with around $150 billion in real estate, infrastructure and energy holdings, reported net income of $716 million in the third quarter, more than doubling its income of $342 million in the same period of 2010.

Texas-based homebuilder D.R. Horton Inc. reported net income of $35.7 million, or 11 cents per share, in the fiscal fourth quarter ending Sept. 30, up from a net loss of $8.9 million, or 3 cents per share, in 2010.

The U.S. 30-year fixed-rate mortgage rate dropped slightly to 3.99 percent in the week ending Nov. 10, according to Freddie Mac's Primary Mortgage Market Survey.

Sanford Weill, the former chairman and CEO of Citigroup, has listed his penthouse at 15 Central Park West for sale for $88 million.

U.S. foreclosure filings increased by 7 percent in October to a seven-month high, according to data from RealtyTrac.