Sales of previously owned homes fell sharply in February, setting the stage for steep discounting in the spring market.
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Sales of previously occupied homes sank by 9.6% in February and prices fell to the lowest level in nearly nine years, indications that the market remains depressed.
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Data on the U.S. housing market due this week isn't likely to be encouraging. That's good for the rental market, where demand is likely to outstrip supply through 2015.
Moon Street No. 9-11 in Wanchai used to be a dilapidated building with outhouses in the back. Now it has been transformed into chic one-bedroom apartments.
When couples disagree about where to retire, and they often do, the tension can be terrible. Here's a look at how and when to start that conversation, and how some couples have handled the situation.
The SEC's probe into whether Fannie Mae and Freddie Mac properly disclosed their growing exposure to riskier mortgages between 2006 and 2008 could also spotlight the oversight role of the firms' federal regulator, which approved those disclosures.
Preservationists are battling the Penguins hockey team over a plan to tear down Pittsburgh's Civic Arena to make way for office buildings, shops and apartments.
Decorating's "Prince of Chintz" on the best way to lay out a room and his antipathy toward beige.
More homeowners are hiding kitchen bling behind wood panels or under countertops, marking the next phase in the kitchen's evolution to flexible multitasking space.
After the news broke on Wednesday that Barry Minkow would plead guilty to an insider trader charge, there was one other big, burning question in our minds: What will become of his blockbuster biopic?
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State attorneys general expect to soon begin negotiations aimed at hammering out a settlement that would resolve their investigation of questionable mortgage-servicing practices.
Mortgage rates fell as investors wary of the crisis in Japan sought out U.S. bonds, which lowered yields, according to Freddie Mac's weekly survey of mortgage rates.
This Federal-style home was built in 1810 for Nathaniel Ingraham, who served with John Paul Jones aboard the Bon Homme Richard in the Revolutionary War. It faces directly out at Charleston Harbor and Fort Sumter, where the first shots of the Civil War were fired 150 years ago this April.
From cabinets of curiosity to mannequins and glass jars, interior decorators and collectors are finding new ways to display treasures collected on trips or at flea markets.
Barry Minkow, a former Wall Street whiz kid who spent seven years in prison for the ZZZZ Best stock fraud and later became a financial-fraud investigator, will plead guilty to a single count of insider trading involving Lennar.
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This three-story Mediterranean-style home in La Jolla features a beachfront swimming pool, custom lighting and two outdoor fireplaces.
This two-story home in the Bronx's Riverdale section is full of memories for an owner who spent her childhood in the contemporary house with Hudson River and Palisade views.
This six-bedroom former office, close to the U.K. capital's Hyde Park, was completely gutted and renovated to add a contemporary touch to its original Georgian features.
This three-story Mediterranean-style home in La Jolla features a beachfront swimming pool, custom lighting and two outdoor fireplaces.
Rye Playland, one of the few amusement parks in the U.S. owned by a municipality, is losing money and looking for a developer to reinvent it.
This two-story home in the Bronx's Riverdale section is full of memories for an owner who spent her childhood in the contemporary house with Hudson River and Palisade views.
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The owners of the Viceroy resort on the Caribbean island of Anguilla are preparing to put the posh getaway into bankruptcy court in a deal that would hand the hotel suites and villas to real-estate mogul Barry Sternli.
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Office occupancy rates in Santa Monica, Calif., have soared in an otherwise lackluster Los Angeles market, fueled by entertainment-industry expansion.
We always knew we were buying a cat ladys house but we never anticipated the extent of the stain and stench.
Overcoming the final hurdles in our Harlem brownstone renovation
U.S. home prices won't hit bottom until next year, according to a survey of 111 economists and other housing analysts by MacroMarkets LLC.
India's Reliance Capital has raised 1 billion rupees through sale of bonds, a person familiar with the matter said.
Standard Pacific CEO Ken Campbell's strategy appears to be the opposite of what most builders are doing: He's focusing on bigger homes, and buying up land.
Columbia Sportswear CEO Tim Boyle, 61, has paid $8.3 million cash for a five-bedroom house at the Four Seasons' Hualalai Resort in Hawaii.
Chinese developer Shimao Property Holdings Ltd. said its 2010 net profit rose 33%, supported by robust sales in China's booming property market and revaluation gains.
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Loan Types | Rate | Last Week | Chart |
---|---|---|---|
30 yr fixed mtg | 4.79% | see chart | |
15 yr fixed mtg | 3.99% | down ↓ | see chart |
5/1 ARM | 3.41% | up ↑ | see chart |
30 yr fixed jumbo mtg | 5.58% | up ↑ | see chart |
30 yr FHA mtg | 4.62% | down ↓ | see chart |
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NickTimiraos: Survey of 100+ economists: no home-price recovery this year http://on.wsj.com/gCxKAq
NickTimiraos: Altucher: Why I am never going to own a home again http://bit.ly/e04RJL Agree? Disagree?
NickTimiraos: Real estate and taxes: submit your questions http://on.wsj.com/ez141Q
KrisHudsonWSJ: Excellent story on #Morgans #Hotel Group's mgmt shakeup by brilliant colleague @alexandraberzon ... http://on.wsj.com/i0JJNM
gwendolynbounds: RT @lisabernhard Amazing song by Coby Brown, opening guest on 2nite's @StupidCancer show at 8PM/ET. http://bit.ly/gbtCoQ
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