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Real Estate News - Topix.net


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Real Estate News
Home sales at 10 year low7/24/2008 4:06 PM

Sales of existing homes in June slowed more than expected and hit their lowest level in 10 years, according to an industry trade group report released on Thursday.

Breaching the Mortgage Blockade7/24/2008 11:02 AM

A short time ago they were giving mortgage money away. You didn't need a down payment or a good credit score. Today, there are less lenders available and those in the market are going the other way to an extreme.

Top Stories: Existing home sales fall 2.6 percent in June7/24/2008 10:58 AM

Sales of existing homes fell more sharply than expected in June as the housing industry continued to be bruised by the worst slump in more than two decades.

Planned bill targets Wisconsin Supreme Court decision on lawsuits by homebuyers7/24/2008 8:03 AM

State lawmakers say they plan to introduce legislation next year that would reverse a state Supreme Court decision blocking home buyers from suing sellers for punitive damages when they lie about the condition ...

Federal investigators inquire about Plum Creek, Forest Service talks7/24/2008 3:50 AM

Federal investigators have begun looking into closed-door negotiations between the Bush administration and Seattle-based Plum Creek Timber Co., the nation's largest owner of private land.

Congress sets up a housing rescue7/23/2008 11:39 PM

The House passed a sweeping housing bailout bill Wednesday, easing some of the market’s problems, but providing only modest benefits for homebuyers or borrowers facing foreclosure.The bill is aimed at ...

NC Realtors Demand More Dues From Members7/23/2008 7:36 PM

One of the most powerful interest groups in state politics wants extra cash from its members to continue fighting the land transfer tax and other issues.

Would the Real Income Property Expert Please Stand7/22/2008 10:43 AM

Who measures up as the expert in an income property transaction? Is it (1) the broker, (2) the seller, (3 ) the buyer's money manager, or (4) the buyer?

U.S. home prices plunge7/22/2008 10:35 AM

U.S. home prices fell 4.8 percent in May from a year earlier, according to the Office of Federal Housing Enterprise Oversight, as banks restricted lending in the second year of a worldwide credit crunch.

Jonas Brothers buy house in Dallas-Fort Worth area7/22/2008 10:32 AM

Young girls are in a tizzy in Westlake over reports that the teen idol band Jonas Brothers bought a house in the Dallas-Fort Worth suburb.


Real Estate News - RealEstateJournal.com


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WSJ.com: Real Estate
Bündchen, Brady Re-List Properties7/24/2008 10:01 PM
Supermodel Gisele Bündchen and quarterback Tom Brady have both re-listed their former Manhattan pads. A homeowner has listed the former Phoenix house of Republican presidential nominee John McCain for $12 million. Photos
The Vegetable Patch Goes Luxe7/24/2008 10:57 PM
Home vegetable gardening is surging thanks to rising food prices and health scares with commercial supplies. Some people are paying thousands of dollars to have landscape architects design and install high-end vegetable patches.
Official Will Regulate Mortgage Giants7/24/2008 8:42 PM
Congress is finally about to grant more power to the minders of Fannie and Freddie. And housing agency director James B. Lockhart III will have to figure out how best to use that power.
The Development of the Superstar Urban Plan7/25/2008 6:20 AM
Architect Zaha Hadid's plan to redevelop Kartal, a postwar industrial area amid Istanbul's Asian sprawl, is the latest example in a new trend in urban development, in which a visionary designer creates a detailed concept for an entire neighborhood.
Jobless Claims Soar for Week7/25/2008 6:23 AM
Jobless claims soared last week by 34,000, to 406,000. Existing-home sales fell 2.6% last month from May.
Housing Bill Close to Becoming Law7/24/2008 6:43 AM
A sprawling bill that reaches deep into the U.S. housing industry is close to becoming law. The bill, which began seven months ago as a modest attempt to help struggling homeowners, will now likely touch a vast array of borrowers, lenders and investors.
Battling Beetles in the Garden7/23/2008 8:15 PM
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.
Mortgage Rates Near a Year High7/23/2008 8:06 AM
Mortgage rates are nearing their highest levels in a year, adding to pressures on the weakened housing market.
Rich Londoners Finally Feel Pain7/23/2008 7:07 AM
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 whole.
Mortgage-Lobby Chief Resigns7/23/2008 2:33 AM
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.
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