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The area is transforming into a destination for young partiers and high rollers. Massive redevelopment and an influx of wealth have pushed out ski bums and all but wiped out the region's kitschy charm.
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Henry Paulson's desire to involve the Treasury in resolving the credit crunch stems from his view that banks could otherwise be forced to dump assets onto the market, harming the broader economy.
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While national statistics show an overall slowdown in home sales and a drop in prices, some individual markets are experiencing growth due to healthy local economic conditions and other factors.
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Now that the housing market's heyday is over more sober assessments on our love affair with shelter are hitting the shelves. June Fletcher reviews two new books.
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With the dollar at historic lows against the euro and other currencies, real-estate agents, appraisers and developers say overseas buyers are stepping up their purchases in the U.S.
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Sen. Charles Schumer and Rep. Barney Frank say they will move to allow Fannie Mae and Freddie Mac to temporarily increase their portfolios to help borrowers with subprime loans refinance into more affordable products.
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Risky mortgages were made in nearly every part of the U.S in the past decade, a Wall Street Journal analysis of loan data shows.
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More renters face eviction as landlords fall behind on mortgage payments, sending properties into foreclosure.
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Money's Worth takes a look at three homes on the market in states that attract the greatest numbers of overseas home buyers.
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The home builder plans to take nearly $1 billion in charges in the fiscal second quarter as the company's preliminary results reflected real estate's continued deterioration.
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The ratings company downgraded bonds backed by subprime mortgages that were originally valued at $33.4 billion.
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The lender said the number of past-due home loans it services rose last month and it funded 44% fewer mortgages amid the continuing housing market slowdown.
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The company's accountants expect to issue financial restatements covering almost a decade. Employees in its mortgage unit violated HUD downpayment assistance rules, Beazer says.
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Q: I have a negative-amortization mortgage on a new house in Florida. It is now worth $140,000 less than when I bought it in January 2006. I am losing about $23,400 each year and will have to take out a $60,000 second mortgage to sell or refinance.
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Manuel Juarez stood in the middle of his patch of green lawn and gestured at the dead, brown yards of the empty tract homes in all directions. “There are no people in that house there,” he said, pointing at a large stucco home with a for-sale sign next door to his right.
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When Paul Zuch’s Capital Improvements construction company bought a house on Woodland Drive in Preston Hollow and demolished it down to the shell, the neighbors were worried that Mr. Zuch planned to build a McMansion on the 70-by-140-foot lot.
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Scientific and environmental groups back legislation to phase out mortgage interest deductions on big homes.
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The tenant would occupy new buildings — some as tall as 160 feet if Vulcan has its way — covering six blocks in South Lake Union.
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If lenders want repeat business, they should go out of their way to make the experience more pleasurable.
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The upscale Olympus neighborhood in Newcastle lives up to the grandeur its name implies, with sweeping views of the Olympic Mountains, Lake...
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Consumers typically look at one mortgage type and then the next, picking the best option based mostly on affordability. But there's more to the equation.
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Shortly after the new year, John and Mona Breidenstein became anxious about their $427,000 adjustable-rate mortgage. The interest rate would...
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One out of every nine jobs in Colorado is tied to the multibillion-dollar residential and commercial real estate industry, according to a report released Thursday.
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LOS ANGELES - Foreclosure filings across the United States nearly doubled last month compared with September 2006, as financially strapped homeowners already behind on mortgage payments defaulted on their loans or came closer to losing their homes to foreclosure, a real estate information company...
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Daniel Lahr cherishes his 1,400-bottle wine collection, an eclectic mix of French Bordeaux and Burgundy, northern and southern Rhone and California cabernets. But, he admits, he hasn’t been treating it as well as he could, storing it in a cold, dark corner of his basement.
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