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Keep Up with the Latest Real Estate News!

 

Keep up with the latest developments in the world of real estate, 
provided by the Wall Street Journal.
This page is updated regularly, so check back often!

 


WSJ.com: Developments
How Many Homes Do Banks Have Up Their Sleeves?3/19/2010 4:42 PM
For those trying to figure out how much further U.S. house prices could fall, it would help to know how many more foreclosed homes banks need to sell. Here are three estimates.
Friday Diversion: Kardashian Lists, Former Avon Chief Sells3/19/2010 10:44 AM
Reality television star Kim Kardashian buys a furnished estate in the Beverly Hills Post Office area of Los Angeles for about $3.5 million.
Has the Home Buyer Tax Credit Extension Flopped?3/18/2010 1:35 PM
Fannie Mae cut its home sales forecast for 2010, after the housing market faced a “setback” during the first quarter of the year.
Are Tough Appraisal Rules Holding Back Housing?3/18/2010 9:13 AM
Our story on Page One today takes a look at how folks who want to build or buy homes with unusual materials are having a lot of trouble getting financing because underwriting standards are much tighter today.
Dubai World, Turnberry Might Keep Fontainebleau Miami3/17/2010 12:32 PM
Lenders holding the $620 million construction loan on Miami Beach’s fabled Fontainebleau hotel are close to approving a restructuring proposal in which the hotel’s owners would contribute $100 million of new equity, according to people familiar with the matter.
The Home-Buyer Tax Credit Countdowns Begin3/17/2010 11:41 AM
Time is almost up on the federal home-buyer tax credit, the government's gift of up to $8,000, crafted to jump-start a stalled housing market. Just about six weeks remain for buyers to get those contracts inked.
So You Want to Walk Away from the Mortgage…3/17/2010 11:17 AM
Advice for an Illinois man who is underwater on a mortgage and unsure about whether or not to abandon ship.
A Trophy on the Market in D.C.3/16/2010 4:09 PM
In the latest test of the high-end office-building market in Washington, a German real-estate fund is looking to sell the onetime headquarters of the now-defunct Evening Star newspaper on Pennsylvania Avenue.
What’s Next for the Fed and Mortgages?3/16/2010 12:46 PM
The Federal Reserve is bringing its mortgage-purchase program to a close. That will leave investors, homebuyers and the housing sector to watch nervously in the coming months as the industry tries to recover without new support from the Fed.
The Snow Piled on the Problems for Landlords3/16/2010 11:21 AM
But, the wintry weather didn't just affect the home builders, who usually get all the attention from this report. The apartment sector also felt the chill.

 

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 Franne & Mark Schwarb

843.270.1207

 

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