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When Andy Bush went to market with the Walnut, a condo complex in Boulder, Colorado, he figured the buyers would be young single professionals and empty nesters. Instead many of the...
Home price numbers have ended their free-fall, but a lot housing experts are still concerned about a possible double-dip.
Integrated Asset Services, which tracks troubled properties, says its...
Mortgage interest rates are trending steadily downward. The research firm HSH reports that jumbo loans—those for higher-priced homes dipped below 6% for the first time since...
Big builder KB Home revealed in a Securities Exchange Commission filing that the federal regulator is examining the company's accounting. The stock fell about 6% today.
The filing doesn't offer much information. A spokesperson says: "KB...
The analysts at the investment firm Sandler O’Neil recently did a tour of the Manhattan apartment market with some of the biggest publicly-traded management companies including Avalon Bay...
The National Association of Realtors Web site has a nice Question & Answer section about the new credit
The Realtors' spokesman tells me that the new credit will start tomorrow, not today.
"We rechecked the effective date for the repeat buyer,"...
Update: Just spoke with somebody at Sen. Chris Dodd's office. According to the senator's banking committee staff, you can qualify for the credit even if you signed a purchase contract before today's date. The important thing is that you close on the...
Move Inc., parent of Realtor.com, the online listing service for the National Association of Realtors, came out with its third quarter earnings yesterday. Sales were down 11% to $53 million. Although the company has been able to boost its cash flow...
Update: Just heard from White House spokeswoman Jen Psaki. The start date for the new $6,500 credit for existing homeowners will take effect as soon as Obama signs the bill into law tomorrow (Nov. 6). Sorry for the confusion. And thanks to "Dean" whose...
Waiting for a bus on my way to work I picked up a copy of the real estate sections of The Korea Times, a local newspaper serving the Korean community in Los Angeles. That’s right the real estate sections. There were two, a total of 32 pages of real...
