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Tuesday, August 19, 2008 |
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Real Estate News
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Below are the latest real estate news headlines for buyers and sellers.
WSJ.com: Real EstateDebt Costs Stoke Fears for Freddie
Freddie Mac was forced to offer unusually rich terms in a $3 billion auction of its debt, fueling concerns about a possible bailout.Read Article
Tue, 19 Aug 2008 20:23:00 EDT Housing Downturn Hits Home Depot
Home Depot posted a 24% decline in net income amid continued pressure in the housing and home-improvement markets, but the retailer kept its full-year outlook unchanged. (Home Depot conference-call transcript)Read Article
Tue, 19 Aug 2008 16:00:00 EDT Fannie, Freddie Are Pounded
Shares of Fannie Mae and Freddie Mac plunged amid concerns that the providers of funding for U.S. home mortgages won't be able to avoid a government bailout.Read Article
Tue, 19 Aug 2008 04:04:00 EDT Here's Donald, to Assist Ed McMahon
Donald Trump is negotiating a deal that would allow Ed McMahon to avert foreclosure and remain in his Beverly Hills, Calif., home.Read Article
Mon, 18 Aug 2008 08:53:00 EDT Help for Home Buyers
When it comes to housing, it's a buyer's market -- especially for first-time home buyers eligible for new tax breaks.Read Article
Sat, 16 Aug 2008 22:35:00 EDT New World China Executive Quits
Hong Kong's former top housing official Leung Chin-man stepped down as executive director and vice chairman of New World China, as the firm acknowledged that accusations of a conflict of interest had taken a political toll.Read Article
Mon, 18 Aug 2008 08:48:00 EDT FBI Probes Home-Buying Incentives
Federal investigators are questioning whether home-buying incentives at the start of the downturn contributed to today's home-price crash.Read Article
Mon, 18 Aug 2008 08:50:00 EDT From Barn Raisings to Home Building
The Amish are famous for barn raisings. Now, they're becoming known for building houses for the non-Amish, using ancient techniques. Yet working with Amish builders brings special challenges like communication and power tools.Read Article
Mon, 18 Aug 2008 10:12:00 EDT Another Russian Tycoon Buys in Snowmass
Energy tycoon Eugene Shvidler has paid $14.5 million for a house in Snowmass, Colo….In Aspen, a mansion has sold for $20.75 million… Former Mets catcher Mike Piazza has listed his Miami Beach condo for $4.9 million.Read Article
Fri, 15 Aug 2008 09:06:00 EDT Fannie, Freddie Divide Economists
Chances are better than even that government money will be used to prop up Fannie Mae and Freddie Mac, economists in the latest Wall Street Journal survey said, and a sizeable minority said the institutions should be nationalized.Read Article
Fri, 15 Aug 2008 09:12:00 EDT
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