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October 11, 2008 5:12:06 PM CDT

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Stories related to: real estate

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Stories 41 - 60 of 65

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  • September 2007

    • These Streets Are Paved in Gold

      Forbes  |  Sep 15, 07 11:04 AM CDT

      These Streets Are Paved in Gold

      (Newser) - Forbes has compiled a list of the most expensive real estate blocks in 10 major cities.  It teamed up with date provider Reply! to compile an index of the 'billionaire rows' of the US. In New York, the block between Fifth Avenue, Madison, 69th and 70th Sts. takes the crown. In Boston, it's a private square on Beacon Hill, and in L.A. it's a block just above Sunset Blvd. More »

      Tags

      list  • New York City  • United States  • real estate  • Boston  • homes  • billionaires

  • August 2007

    • All the Space That's Fit to Sell

      Wall Street Journal  |  Aug 29, 07 3:42 PM CDT

      All the Space That's Fit to Sell

      (Newser) - Newspapers, in an effort to bring in cash and stave off extinction, are selling iconic properties in downtown districts, the Journal reports. The latest example is the Philadelphia Inquirer, whose new owner hopes to net $70 million for its Beaux-Arts tower; the Boston Herald and Minneapolis Star Tribune are also among the outfits looking to profit from their real-estate holdings. More »

      Tags

      newspaper  • real estate  • New York Times  • news  • Sam Zell  • New York Daily News  • Philadelphia Inquirer  • Boston Herald  • Philadelphia Daily News

    • China's Malls Beg for Shoppers

      Christian Science Monitor  |  Aug 28, 07 1:44 PM CDT

      China's Malls Beg for Shoppers

      (Newser) - The malls keep going up in China, but the number of mallrats isn't keeping up with them. Indications abound of retail real-estate bubble, the Christian Science Monitor reports, but warnings to banks about loaning to malls aren’t halting new construction. Consumption is only 37% of Chinese output—half the US rate—as citizens with little welfare to rely on save up instead of spending. More »

      Tags

      China  • inflation  • real estate  • shopping  • Prada  • mall

    • Home Resales Down For Fifth Straight Month

      Bloomberg  |  Aug 27, 07 1:08 PM CDT

      Home Resales Down For Fifth Straight Month

      (Newser) - Existing home sales slumped again in July—the fifth straight month the figures have been off and a sign that the market-draining housing downturn will continue. Though the 0.2 percent decline was the smallest movement since 2002, experts expect sales to continue dropping, according to Bloomberg. More »

      Tags

      housing market  • real estate  • markets  • housing  • home sales

    • US Median Home Price to Drop

      New York Times  |  Aug 26, 07 3:08 PM CDT

      US Median Home Price to Drop

      (Newser) - The median cost of an American home, now $220,000, is expected to drop this year for the first time since tracking began in 1950, reports the New York Times. The decline will be modest—1 to 2%—but could last into 2008 and 2009, meaning that, adjusting for inflation, homes aren't likely to return to their 2007 value for more than a decade. More »

      Tags

      housing market  • mortgage  • real estate  • home prices  • homes  • home equity

    • Condo Crash Is Just Beginning

      Wall Street Journal  |  Aug 25, 07 11:40 AM CDT

      Condo Crash Is Just Beginning

      (Newser) - Mortgage lenders are about to be hit with another wave of foreclosures and bankruptcies, the Journal reports, as the crisis kicks in in condo market. Because buildings take years to complete, even after buyers have signed contracts, the effect of declining property values and tight credit are slower to talk effect than in single-family homes.   More »

      Tags

      foreclosure  • mortgage  • real estate  • mortgage lender  • condominium

    • New-Home Sales Grow, Spur Wall St.

      Bloomberg  |  Aug 24, 07 11:21 AM CDT

      New-Home Sales Grow, Spur Wall St.

      (Newser) - New-home sales grew 2.8% last month, delivering an unexpected bit of good news to investors still reeling from the credit crunch. But the housing market, which had been rebounding in recent months from a slump, will likely show renewed weakness after he mortgage crisis dust settles, Bloomberg reports. More »

      Tags

      Federal Reserve  • Wall Street  • Ben Bernanke  • housing crisis  • credit market  • interest rate  • real estate  • home sales  • Countrywide  • Commerce Department  • Toll Brothers

    • Hotelier Helmsley Dead at 87

      New York Daily News  |  Aug 20, 07 1:21 PM CDT

      Hotelier Helmsley Dead at 87

      (Newser) - Leona Helsmley, the notoriously tyrannical real-estate baroness dubbed New York’s “Queen of Mean,” died of heart failure today at 87. The Brooklyn native took the reins of her husband Harry's real-estate empire in the 70s, and soon her name was synonymous with both luxe hotels and the churlish, hard-nosed style of public figuredom she helped forge. More »

      Tags

      obituary  • New York  • real estate  • tax evasion  • Leona Helmsley  • Empire State Building

    • Mortgage Crisis Hits Affluent Buyers, Too

      Wall Street Journal  |  Aug 7, 07 5:48 AM CDT

      Mortgage Crisis Hits Affluent Buyers, Too

      (Newser) - Mortgage tremors have rippled so far across the home loan market that even buyers of high-priced homes with good credit records are now being squeezed, the Wall Street Journal reports. Rates have surged on loans above $417,000 for prime borrowers—to 7.34% for a 30-year fixed-rate mortgage, up from 6.5% in May. More »

      Tags

      subprime mortgages  • Fannie Mae  • Bear Stearns  • mortgage  • hedge fund  • real estate  • borrowers  • home loans  • loans  • houses

    • Builders' Loans Pushed Credit Meltdown

      BusinessWeek  |  Aug 5, 07 7:24 AM CDT

      Builders' Loans Pushed Credit Meltdown

      (Newser) - In the ongoing post-mortem of the housing boom, BusinessWeek turns an acute eye on developers, especially big, publicly traded builders who jumped into the mortgage business to move people into their newly built houses faster. As demand for new homes began to fizzle, they kept sales brisk by offering adjustable-rate loans to more and more marginal borrowers. More »

      Tags

      subprime mortgages  • Wall Street  • housing market  • mortgage  • real estate  • homebuilders

  • July 2007

    • Best Home Sellers' Markets

      Forbes  |  Jul 31, 07 5:35 PM CDT

      Best Home Sellers' Markets

      (Newser) - The housing market overall isn't good, but luckily for some, there's an exception to every rule. Forbes points you toward 10 towns where sellers can still finish with smiles on their faces. Raleigh, NC San Francisco Austin, Texas San Antonio, Texas St. Louis  More »

      Tags

      list  • California  • Texas  • housing market  • San Francisco  • real estate  • North Carolina  • homes  • Austin  • St. Louis  • San Antonio  • Raleigh

    • Consumer Confidence Rises

      Bloomberg  |  Jul 31, 07 4:18 PM CDT

      Consumer Confidence Rises

      (Newser) - Consumer spending rose more than expected this month, to its highest level in 6 years, after shoppers tightened their belts in June, Bloomberg reports. Consumer confidence jumped 7.3 points according to a Conference Board index, suggesting the slump was temporary. Economists chalk up the spending jump to low unemployment and the fact that incomes are growing faster than inflation. More »

      Tags

      housing market  • inflation  • real estate  • unemployment  • consumer  • income  • consumer confidence index

    • Calif. Foreclosures Set Record

      Los Angeles Times  |  Jul 24, 07 5:56 PM CDT

      Calif. Foreclosures Set Record

      (Newser) - Reflecting the increasingly gloomy picture across the country, residential foreclosures in California were up 799% in the second quarter compared to the same time last year, th