Many mass-market home builders are getting into the custom-home game -- once almost entirely the province of boutique builders. The reason is simple: Custom-home building is more profitable for builders and the big attraction for home buyers is the cheaper
House and Senate leaders have largely hammered out a compromise deal on a mammoth housing package that would permit the government to bolster Fannie Mae and Freddie Mac in an emergency, overhaul supervision of the housing-finance giants and allow the
Lenders are triggering lawsuits from builders as they clamp down on construction financing. The disputes are turning heated as banks go after the builders' personal assets to recoup losses from soured housing developments.
More colleges are starting to loosen their grip on campus housing and strike deals with specialized developers to help meet housing needs. For investors in the bruised world of REITs, student housing can be a defensive bright spot.
The victims of the subprime debacle are often portrayed as poor and members of minority groups. A new report found that a large percentage of subprime borrowers in 2006 were middle- and upper-income homeowners and white.
The credit crunch caught up with the top end of London's home market in the second quarter, when the price per square meter of residential space in the capital's prime locations fell more sharply than in the U.K. as a
Infestations of Japanese beetles have spread to more than 30 states, wreaking havoc on the foliage of trees and crops. Gardener Steve Stecklow is waging a biological war against these predators.
The chief of the mortgage industry's most powerful lobby group, Jonathan Kempner, resigned Tuesday, just as the industry is defending itself from a hostile Congress and a punishing housing slump.
Bank examiners from the Federal Reserve and the Office of the Comptroller of the Currency are looking at the books of mortgage investors Fannie Mae and Freddie Mac.
Home prices declined 0.3% from April to May, Ofheo said, amid a 4.8% drop from the previous year. South Atlantic prices posted the largest fall, while the cost of a home rose in the Pacific region.
Predictions that half-a-million overseas visitors would attend the Olympics accelerated a surge of hotel construction in China. But all that building may have produced a glut of rooms in one of the world's prized hotel markets.
Freddie Mac is considering raising capital by selling as much as $10 billion in new shares to investors. The move would have the potential to avoid a full-blown government rescue for Freddie and Fannie Mae. Friday, Freddie filed an SEC
For much of the 20th century, the proportion of whites shrank in most U.S. cities. In recent years the decline has slowed considerably -- and in some significant cases has reversed. As neighborhoods grow more multicultural, conflicts over home prices
Over the past few years, real-estate entrepreneur Sam Nazarian has injected new buzz into the Hollywood club scene and now intends to resurrect Vegas with the same kind of cool. The odds, as they say, are against him.
