Skip to: Content
Skip to: Site Navigation
Skip to: Search
FRIDAY, NOVEMBER 27, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter

NEWS ABOUT: real estate

real estate stories: 128 news summaries

81 - 100 of 128 Stories | << Prev 1 2 3 4 5 6 7 Next >>

Switch to grid view »

Spitzer Moves On to Dad's
Real Estate Firm

Disgraced governor pitches vulture fund for distressed properties

Jun 10, 08 4:41 PM CDT
(Newser) - Having laid low for two months after exiting in disgrace from the New York governorship, Eliot Spitzer is back in business. He’s recently been shopping a plan to start a vulture fund that would flip distressed real estate assets, the New York Sun reports. Spitzer gathered labor union officials... More »

MORE ABOUT:
real estate • Eliot Spitzer • labor unions • vulture funds • Bernard Spitzer

 Best Place to Live? Charlotte 

Carolina on the mind of poll for 2nd consecutive year

May 15, 08 2:06 PM CDT
(Newser) - Charlotte is the best place to live in America, thanks to an affordable array of housing options and a healthy economy, says Relocate.com’s annual list. MarketWatch runs down the rest of the list:
  1. San Antonio, Texas
  2. Chattanooga, Tenn.
  3. Greenville, SC
  4. Tulsa, Okla.
More »

MORE ABOUT:
real estate • Seattle • Tulsa • places to live • US cities • Charlotte

March Foreclosures Up 57% Over Last Year; Worst Coming

February gains evaporate

Apr 15, 08 6:55 AM CDT
(Newser) - Bank repossessions skyrocketed 129% over the 12-month period ending in March, and foreclosure filings rose 57% over the previous year, RealtyTrac announced today. March foreclosure notices rose 5%, after a 4% decline in February. All this “is ongoing fallout from people overextending themselves and using highly toxic loan products,... More »

MORE ABOUT:
real estate • economic indicators • foreclosure • auction • housing crisis • subprime crisis • economy

 Recession Zings Top Law Firms 

Associates laid off, programs cut

Apr 14, 08 3:10 AM CDT
(Newser) - The recession has begun to nip at the heels of New York's big law firms, reports the Wall Street Journal. Some firms are beginning to lay off associates, rescind offers to those coming out of law school, and scale back summer associate programs. It's all due to a slowdown in... More »

MORE ABOUT:
real estate • mortgage • recession • economy • mergers • slowdown • Pillsbury Winthrop Shaw Pittman • Sonnenschein Nath & Rosenthal • Thelen Reid Brown Raysman & Steiner • Weil, Gotshal & Manges

 Slump Stings Vegas 
 McMansion Owners 

Curious aspect of swelling home inventories: unsold palaces

Apr 8, 08 2:13 PM CDT
(Newser) - The housing crisis has caused the number of homes for sale across the country to grow, but in Las Vegas, brokers are dealing with an unusual aspect of swelling inventory—an excess of $1 million-plus listings. Although they're luxury properties with pools and excesses of polished marble, those constructed more... More »

MORE ABOUT:
real estate • housing market • Las Vegas • Nevada • housing crisis • inventory growth • luxury homes • McMansion

Condo-Hotel Bubble Pops, Splatters Many

As more rooms
go empty, buyers
target developers

Apr 5, 08 12:12 PM CDT
(Newser) - Condo-hotel rooms were a hot buy at the height of the housing boom, but marketing them as investments that would pay out every time they were occupied could come back to haunt developers, the Wall Street Journal reports. As business sours, buyers who find themselves making mortgage payments on empty... More »

MORE ABOUT:
real estate • SEC • real estate development • hotel • condominium • MGM Grand • condo hotel

And to Your Right, You'll See Another Foreclosure...

Bus tours take prospectors, and the merely curious, through ruins of mortgage crisi

Mar 28, 08 7:29 PM CDT
(Newser) - Looking for cheap real estate? Hop on a foreclosure bus tour, a trend sweeping the nation in the wake of the mortgage crisis, the AP reports. The excursions typically include experts who educate buyers while showing empty homes: some bargain beauties, some fixer-uppers. "We're kind of a seminar on... More »

MORE ABOUT:
real estate • housing market • foreclosure • recession • subprime crisis

What Hollywood Will Pay to Be in Malibu: Anything

Top rental fetches $150K per month

Mar 24, 08 10:00 AM CDT
(Newser) - US real estate is hurting, but the top price for a beachfront summer rental in Malibu hit $150,000 this year. The area is flush with homes valued at or above $10 million—a bracket unaffected by the housing slump. And Tinseltown's elite is happy to pay. "Recession? What... More »

MORE ABOUT:
California • Hollywood • real estate • celebrity • Malibu • housing crisis • beachfront

Obama: Rezko Raised
$250K, Asked No Favors

Candidate gives the lowdown on his dealings with Chicago tycoon

Mar 15, 08 5:13 AM CDT
(Newser) - Barack Obama, hoping to head off future controversy, has given newspapers an extensive account of his dealings with indicted Chicago tycoon Tony Rezko. Obama told the Chicago Tribune that Rezko, his first big political donor, raised as much as $250,000 for his campaigns over the years—$90,000 more... More »

MORE ABOUT:
Barack Obama • real estate • Chicago • corruption • Illinois • campaign fundraising • Tony Rezko

Deposed
Thai PM Pleads Not Guilty
to Graft

Crowds welcome Thaksin back from exile

Mar 12, 08 9:47 AM CDT
(Newser) - Former Thai PM Thaksin Shinawatra pleaded not guilty to graft charges today in a Supreme Court packed with hundreds of his supporters, AFP reports. Thaksin will not have to attend every hearing in his trial; he has already obtained permission to return to Britain, where he owns a soccer team.... More »

MORE ABOUT:
real estate • Thailand • corruption • Bangkok • Thaksin Shinawatra • graft • coup d'etat

Goldman Analysts Warn of Next Crisis

Commercial real estate outlook even worse than subprime situation

Mar 3, 08 4:10 PM CST
(Newser) - Commercial real estate could be the next victim of the current economic downturn, and if it is, expect it to cause another full-fledged crisis, the Wall Street Journal reports. Commercial real estate values could fall as much as 26% over the next 2 years, Goldman Sachs analysts predict, leading to... More »

MORE ABOUT:
real estate • Citigroup • Goldman Sachs • Morgan Stanley • Bear Stearns • Merrill Lynch • Lehman Brothers • mortgage backed securities • real estate values • commercial real estate • JPMorgan Chase

Home Prices Decline Across Country

8.9% declines posted for fourth quarter
in 10 biggest markets

Feb 26, 08 10:38 AM CST
(Newser) - Home prices in the top 10 metro areas slumped 8.9% over the previous year, the largest decline in 20 years, according to the closely watched S&P/Case-Shiller price index, released today. "Wherever you look things look bleak," one economist tells the Wall Street Journal, noting that declines... More »

MORE ABOUT:
real estate • housing market • credit crisis • home prices • Case Shiller price index • subprime crisis

Families Swap Houses to Beat Slow Market

Buyers and sellers
are turning to an unusual alternative

Feb 21, 08 6:43 PM CST
(Newser) - Struggling with a troubled housing market, some would-be sellers are opting for a novel solution: trading houses. The strategy is nothing drastic, ABC News reports—in separate transactions, two families sell their homes to each other. Buyers say the downside is reduced selection—but it can be convenient, and it... More »

MORE ABOUT:
real estate • housing market • credit crisis • house swapping • realtors

During Bust, Green Groups Make Land Grab

Conservationists
snatch idle land from developers' hands

Feb 17, 08 12:19 PM CST
(Newser) - As the subprime debacle rips through real estate, leveling home values and clogging the market with unsold property, an unlikely group of vultures is descending, reports Newsweek. Conservation groups and local governments alike, which sat on the bench during the last boom, are snapping up land from would-be developers to... More »

MORE ABOUT:
real estate • conservation • housing market • housing crisis • Trust for Public Land • land conservation • public land • home values

For-Sale Sign, Hollywood Style

After LA can't find funds, developer puts oft-photographed ridge on market at $22M

Feb 13, 08 1:10 PM CST
(Newser) - Tourists could soon be snapping luxury homes when they photograph the iconic Hollywood sign towering over the City of Angels, the Los Angeles Times reports, after investors put Cahuenga Peak, the land around the landmark, on the market for $22 million. “Everybody thought the city already owned it,”... More »

MORE ABOUT:
Hollywood • real estate • Los Angeles

Rosy Realtor Ads Omit Pesky Housing Crash

NAR campaign claims slumping market is a can't-lose investment

Jan 28, 08 7:58 PM CST
(Newser) - Apparently, real estate is a can’t-fail investment right now. Or at least, that’s the questionable gospel the National Association of Realtors is preaching, in a blitz of new commercials claiming that home values, on average, double every 10 years, and that a home is “the key to... More »

MORE ABOUT:
real estate • advertising • investments • National Association of Realtors • real estate values • housing crisis • housing bubble

Cuba's Underground Housing Boom

Socialist system camouflages complicated black market

Jan 28, 08 2:58 PM CST
(Newser) - A  booming black market in real estate is operating in Cuba, even though the government owns most property. Prices are soaring as property changes hands in a complex, illegal system called permuta, reports the New York Times. Housing swaps are permitted in Cuba, with government approval; permuta involves trading up... More »

MORE ABOUT:
real estate • Cuba • housing • Havana

Dec. Home Sales Kept Dropping

Existing US sales resume tumble; median prices also fall

Jan 24, 08 10:14 AM CST
(Newser) - Existing home sales began to fall again in December after briefly bumping upwards in October and November. Home resales were at a 4.89 million annual rate; that's down 2.2% from November and down 13% from last year. "Home sales remain weak despite improved affordability conditions in many... More »

MORE ABOUT:
real estate • Northeast • housing market • National Association of Realtors • home resales • existing home sales

No Real Estate Meltdown Here

Amazon's move will bring another big name to Seattle's booming South Lake Union

Jan 9, 08 7:52 PM CST
(Newser) - For the first time since the company's founding, Amazon's administrative employees will reside in one ZIP code, the New York Times reports. But the planned 2010 move from scattered offices to a single Seattle location will hardly make it the first big name in Paul Allen-directed South Lake Union: The... More »

MORE ABOUT:
real estate • business • Seattle • real estate values • Paul Allen • Vulcan Real Estate • South Lake Union • vacancy • Amazon.com

Squeezed Owners Seek Tax Break as Home Values Drop

Local governments feel the pinch as property taxes decline

Dec 23, 07 6:45 AM CST
(Newser) - With property values falling across much of the nation, more homeowners are asking for reassessments, looking for a break from property taxes that inflated before the subprime mortgage balloon burst, reports the New York Times. For local governments, especially in areas already suffering from high rates of foreclosure, declining property... More »

MORE ABOUT:
real estate • subprime mortgages • foreclosure • mortgage • home sales • real estate values

81 - 100 of 128 Stories | << Prev 1 2 3 4 5 6 7 Next >>


from our news partners