Real Estate News
Saturday February 4th, 2012
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The House a Storm Built
When violent winds knocked down trees and damaged their home, a Minnesota couple seized the opportunity to start over.
Anna Kournikova Sells in Miami
Anna Kournikova sells in Miami, Nobu Matsuhisa Buys in Los Angeles and a Kauai beachfront home asks $24 million.
A Modest Home for Palm Beach
This 2,286-square-foot house, built around 1925, has no garage but does boast original details like pecky cypress ceilings, handblown stained-glass panes in the powder-room door and Cuban tile floors.
Romney's Stance Hits Home
Romney stands by his position that the government should stay out of the national housing mess and let the market "hit the bottom." But in hard-hit North Las Vegas, Nev., the implications are clear.
Mountain Retreat
This four-bedroom mountain retreat, with natural stone from Montana and oak ceilings, is in Truckee, Calif., near Lake Tahoe, and is part of a development with a golf course and access to a ski lift.
Ally Financial Swings to Loss
Ally Financial, the U.S. government-owned auto lender, swung to a $250 million net loss in the fourth quarter after taking a charge for regulatory penalties stemming from foreclosure matters.
Mortgage Plan Draws GOP Opposition
Obama is betting his latest proposal to aid the housing market will fare better than earlier efforts, despite congressional opposition.
When the Home Bank Closes
The housing bust means many small businesses can no longer use home-equity loans for funding.
China's Housing Market Cools
The average housing price in 100 major Chinese cities fell for a fifth consecutive month in January.
Home Prices Tumble
The beleaguered housing market continued to struggle as U.S. home prices posted declines in November.
Housing's Firmer Foundation
Right now, the connection between what the S&P/Case-Shiller index says and what is actually going on with housing may be lukewarm at best.
Australia House Prices Down
Australian monthly house prices declined once again in December, adding to concerns among banks and property firms that a deterioration in prices across the country will resume this year.
Tiny Homes Carve a Niche
It may be one of the most intriguing trends in homebuilding: do-it-yourself tiny homes. Amid a growing interest in eco-friendly lifestyles comes a spate of picture books capturing the joys of shoe box living.
St. Joe Pares Back Florida Vision
St. Joe signaled that it is again scaling back its development plans in Florida, an indication that efforts to turn the state's Northern Gulf Coast into a cluster of luxury second-home communities have been a flop.
A Contractor Spills His Secrets
A builder of luxury homes reveals how he created his weekend retreat on a budget.
Tim Headington Asks $25 Million in South Beach
Tim Headington asks $25 million in South Beach, Phil Mickelson relists in Rancho Santa Fe, Calif., and Mats Wilander puts his Idaho estate up for sale.
A Waterfront Home in Rhode Island
A Jamestown, R.I., home of about 6,500 square feet, with six bedrooms, seven bathrooms and two half-bathrooms, is asking $5.8 million.
Hope Is Rising for Mortgage Accord
New York Attorney General Eric Schneiderman said he is confident his main concern with a pending settlement of alleged bank- foreclosure abuses would be resolved, but he didn't commit to participating in an agreement.
D.R. Horton Swings to Profit
D.R. Horton swung to the black in its fiscal first quarter on a double-digit jump in home-building revenue and showed optimism for the spring selling season.
Fight Awaits New Mortgage-Fraud Unit
The Justice Department's plan to create a mortgage-crime unit with state authorities is likely to face the same difficulties earlier task forces hit in bringing charges against bank executives.
Club Med Looks West For Fresh Powder
To cap a companywide renovation that started eight years ago, Club Med has chosen an unlikely destination: the ski slopes of North America.
Deal Gets Closer On Foreclosures
State and federal officials hope to announce early next month a deal with five large banks valued at as much as $25 billion.
Economists See Ways to Aid Housing Market
What more can be done to help the housing market? Economists have some ideas for hastening a recovery.
Lehman's Estate Gets Montana Resort
The estate of Lehman Brothers Holdings Inc. is now the owner of a Montana ski and golf resort, after assuming control of the assets of Moonlight Basin Ranch LP.
Lehman to Block Zell's Archstone Deal
The estate of Lehman Brothers Holdings Inc. is planning this week to use $1.33 billion in cash to buy a 26.5% stake in apartment giant Archstone.
A Clear Merger of Equals
With twin entrances, the home of two Massachusetts doctors celebrates its historical origins as two side-by-side duplexes.
Navigating a Tight Rental Market
Demand and rents are up as the housing crisis and tighter lending standards have left many people unable to or wary of purchasing a home. So finding a deal requires compromise and negotiation.
Goldman to Fight Over Hancock
A Goldman Sachs Group Inc. real-estate fund that has walked away from a number of struggling investments is taking a different approach with a Chicago skyscraper, deciding to fight its creditors rather than surrender ownership of the building.
Blackstone Spies Retail Recovery
Blackstone Group's $11 billion bet on retail property is showing signs of paying off.
Up and Down Brownstone
Architect Bill Peterson designed his condo in an East Village brownstone to include a folding facade, bringing his historic home into the future.
Cost of Trade Center Tower Rises
The price tag for One World Trade Center, the signature skyscraper under construction at Ground Zero in New York, has risen to more than $3.8 billion, making it by far the world's most expensive new office tower.
Elegant English House
This partially moated seven-bedroom home in eastern England probably dates back originally to the 15th century.
A Space for Kidding Around
This full-floor loft in the Flatiron area is the epitome of 'kid friendly' with a large playroom that houses an indoor swing, a climbing wall in one of the bedrooms and lots of open space.
Resort Living in Chiang Mai
This tribal-themed residence in northern Thailand is on a property surrounded by mountains and rice paddies.
Checking Out Continuing Care Communities
Though convenient, continuing care retirement communities are costly. Here's how to cut the risk.
Plots & Ploys: Touchdown Before Kickoff
Regardless of whether the New York Giants or the New England Patriots win Super Bowl XLVI on Sunday, a prohibitive favorite has emerged: Indianapolis-area hotels.
Two Office REITs Post Higher Earnings
Boston Properties Inc. and SL Green Realty Corp. reported stronger-than-expected quarterly earnings, a sign that the nation's largest office landlords have been able to boost revenue despite tepid job growth.
Home Shortage in London to Worsen
London looks likely to experience a drought of new housing over the next few years, as construction of homes amid fears of renewed recession and a dearth of mortgage finance, a report from property consultant suggests.