Wednesday, November 26th, 2008
Entrepreneurs are rushing to set up online marketplaces in an attempt to cash in on the market for bulk sales of foreclosed homes.
Archive for November, 2008
Wednesday, November 26th, 2008
Home builders are railing against the FDIC, saying the agency is cutting off construction financing from seized banks and demanding early repayment of current loans.
Wednesday, November 26th, 2008
The record plunge of the commercial real-estate securities market has claimed its first major casualty: a $1.5 billion fund with investors including Ross Perot.
Wednesday, November 26th, 2008
Activist investor William Ackman sees something in debt-laden mall owner General Growth Properties that most others don't.
Wednesday, November 26th, 2008
One consolation is emerging as the stocks of property companies get pounded: some firms are more willing to disclose the details of their financings.
Friday, November 21st, 2008
These days, everything has a knock-on effect. Earlier in the week, an analyst report on the potential default of a couple of commercial-mortgage deals caused a big hit to the corresponding credit market. That, in turn, has caused a selloff in the stocks of REITs.
Friday, November 21st, 2008
Fannie and Freddie suspend foreclosure sales and evictions on certain properties until January as it prepares for its loan-modification program. (Statements)
Friday, November 21st, 2008
Credit markets were at crisis levels, as investors flocked to Treasurys while dumping bonds tied to commercial real estate and corporate debt.
Friday, November 21st, 2008
The one point of widespread agreement in the real-estate industry: there is no single accurate index of home prices.
Thursday, November 20th, 2008
High fuel prices, the bankruptcy filings of Aloha and ATA, and the nationwide slump in consumer confidence have slammed Hawaii's tourism industry.
