The Obama administration outlined its plans to begin shrinking the government's broad support of the nation's crippled mortgage market, a process that officials said could take several years and would include phasing out Fannie Mae and Freddie Mac.
House of the Day: A penthouse in Tai Hang, Hong Kong, is testing sales limits with a $24.3 million price tag -- five times the average per-square-foot cost in the area.
Gone are the kitsch cut-out hearts in Tyrolean three-legged chairs and the red-checked curtains: Chalet chic today is about creating a modern space that is not only comfortable but also unfussy, eco-friendly and tactile.
Pessimistic? Not Stephen Ross. Related's chairman predicted that he would lure major new office tenants to the yet-to-be-developed West Side rail yards later this year.
The ratio of median home prices to annual household incomes has returned to pre-bubble levels in a growing number of U.S. markets over the past year.
The Obama administration will propose a path to wind down and eventually eliminate Fannie Mae and Freddie Mac and specify a range of options to replace the mortgage companies.
Building beautiful homes has been part of property developer Aditya Lakhanpal's life for some time. But a home on the Ganges River was something he always dreamed about. A few years ago, Mr. Lakhanpal got his chance.
Buyers in markets around the U.S. are snapping up homes in all-cash deals, betting that prices are at or near bottom and breathing life into some of the nation's most battered housing markets.
A survey shows that confusion over applying for a mortgage has become one of the most challenging aspects of buying a home.
Can household cleansers be sold like beauty products? Ask Mrs. Meyer.
Calpers proposal to eliminate real-estate stocks from its property portfolio is being criticized by an industry group.
Freddie Mac said Bruce Witherell left for "personal reasons" and that his departure was effective immediately.
The meltdown of the U.S. mortgage market and rising foreclosure rate have wiped out more homeowners than were created in the 2000-07 housing boom, the latest indication of the severity of the housing bust.
Heavy snow accumulation and long cold snaps across the U.S. have left people unusually vulnerable to the dangers of ice and snow buildup.
A reader asks why resale home prices are falling, while prices at new developments are on the rise
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The top-floor unit of this three-story building in Rhode Island, once a single-family home, features wood-burning fireplaces, two bedrooms and city views.
This 1960s home in Irvington, N.Y., is surrounded by large boulders and features five bedrooms and a two-story library for the owners' collection of hard-bound books.
This 100 year-old residence in Starnberg, Germany, was designed in the Jugendstil style popular in the country around the turn of the 20th century.
House of the Day: A penthouse in Tai Hang, Hong Kong, is testing sales limits with a $24.3 million price tag -- five times the average per-square-foot cost in the area.
A founding member of Google's New York engineering office has succeeded in selling a duplex TriBeCa penthouse for $11.2 million.
Residents of Hell's Kitchen area are looking to spruce up their neighborhood, with an eye toward also keeping it affordable.
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Brookfield Properties' fourth-quarter earnings fell 6.5%; the real-estate investment trust's occupancy was stable and funds from operations were flat.
Calpers, the giant California pension fund, is proposing to eliminate real-estate stocks from its property portfolio, a blow to efforts by real-estate investment trusts to convince institutional investors to increase their REIT holdings.
The wife has something in mind for the man cave. Ruh-roh.
The designers figure out a theme for the man cave.
One WSJ guy finds out a TV network will be building him his own special space in his basement.
The Obama administration has released a long-awaited "white paper" about winding down mortgage giants Fannie Mae and Freddie Mac and one thing is clear: Renters are about to get some long-due respect.
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You can't ride two horses at once. But the Obama administration, in proposals to revamp housing finance, doesn't pick a steed.
As property prices in Japan hover near a two-decade low, a new breed of investor has taken up some space traditionally dominated by Western institutions: high-net-worth Asian individuals and offshore Asian funds.
Well-styled cupboards are easy to achieve if you follow Sara Ruffin Costello's detailed instructions.
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Commercial-real-estate lending spiked in the fourth quarter of 2010, registering the largest quarter-over-quarter increase in new mortgages tied to commercial property since mid-2007.
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A reader wonders whether it would be wise to buy a property and then lease it out, considering home prices may continue to fall.
U.S. 30-year mortgage rates have jumped above 5% for the first time since last spring, in a rapid rise that could present a challenge to the still-troubled housing market.
Vote for your favorite house and discuss.
Realtors are reporting that home prices rose in about half of U.S. metropolitan areas in the last three months of 2010, but many other sources report prices continue falling.
A J.P. Morgan Chase executive, at a U.S. House hearing Wednesday, apologized for wrongly foreclosing on military families and overcharging thousands for mortgages.
Loan Types | Rate | Last Week | Chart |
---|---|---|---|
30 yr fixed mtg | 5.04% | up ↑ | see chart |
15 yr fixed mtg | 4.31% | up ↑ | see chart |
5/1 ARM | 3.60% | up ↑ | see chart |
30 yr fixed jumbo mtg | 5.59% | up ↑ | see chart |
30 yr FHA mtg | 4.86% | up ↑ | see chart |
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gwendolynbounds: Kick-start Sat. w/ a live performance from Adele via @wsjspeakeasy: http://on.wsj.com/hv6GDn (Southern whoops are mine)
dwotapka: Rental Market Gets Respect in Fannie, Freddie Reform http://on.wsj.com/gE9Jl3
dwotapka: A.D. Pruitt reports: The Top Sellers of U.S. Office Buildings in 2010 http://on.wsj.com/hHFXdy
dwotapka: Ouch! Ticonderoga's Stephen East on builder MDC: "There is little to no reason for owning this equity ."
dwotapka: Stifel's Widner on KB Home's Potentially Expensive Exposure to Failed Vegas Project: "Don't Tell Me 'Cause It Hurts."
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