Saturday, July 19th, 2008
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 and education are opening a new chapter in race relations.
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.
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.
House Democrats negotiating a rescue of Fannie Mae and Freddie Mac said they wouldn't exempt the proposal from the annual debt limit, a move designed to quell lawmakers' concerns that the Treasury's financial aid could be unlimited.
Which states have been hardest hit by the mortgage crisis? It depends on who is doing the counting, and how. Data providers of foreclosure numbers use different methods and have different goals, making it difficult for legislators to get a grip on the problem.
Nicolas Cage lists a house in Las Vegas… Aerosmith drummer Joey Kramer puts his Massachusetts home on the block… One of the most expensive houses ever for sale in the Bay Area is back on the market. Photos
Ross Chapin and Jim Soules build tract houses that are half the size of the average U.S. home and cost a lot more per square foot. What's surprising is how quickly they sell them. Now, other developers are starting to lean their way.
Thursday, July 17th, 2008
U.S. housing starts unexpectedly surged the most in more than two years in June because of a change in New York City’s building code that overshadowed a slide in single-family home construction. Read the rest of this entry »
Wednesday, July 16th, 2008
My buddy Rich at the WallStreetJournal.com gave me a great idea. LeaseBacks! Read the rest of this entry »
Wednesday, July 16th, 2008
Homeowners buckling under heavy mortgage debt are resorting to a different kind of relief measure: selling their home and then renting it back from the new owner. The number of people making this move is rising.
