Real Estate News
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Relocation Costs Hit Companies
Companies are disclosing sizable bills to cover real-estate losses of transferred senior officers. Qwest lost $1.8 million on its CEO's former home.
Brisk Commercial Development Takes Breather
Prime office rents in downtown Calgary, while remaining the priciest of Canada's top 10 markets, have declined for the first time since 2002.
As Dues Dry Up, The Neighbors Pay
Neighborhood associations are grappling with shrunken budgets as residents lose their homes to foreclosure and building slows. As a result, associations are raising fees or putting the brakes on improvements and amenities.
Beazer Restates Results for 9 Years
Beazer restated financial results over nine years, removing one of several clouds hanging over the home builder.
A Couple's Descent Into Foreclosure
Tracing one Vallejo, Calif., couple's descent into foreclosure and bankruptcy.
Democrats Face Rescue Backlash
Democrats are risking a backlash over efforts by Congress to rescue homeowners who can't afford their mortgages. The White House and most Republicans say this amounts to using taxpayer money to reward bad behavior.
Bonds Tied to Mortgages Have Hope
Maybe there's a way to thrive in the howling wasteland that is the home-loan market. Bonds backed by mortgages look like a buying opportunity, assuming a new spate of defaults doesn't send their prices tumbling again.
Fannie to Aid Underwater Loans
Fannie Mae is preparing a program of refinancing mortgages for people who owe more than the current value of their homes. The plan is the latest twist in efforts to contain the surge in foreclosures in much of the U.S.
Russia's Abramovich Buys Colorado Ranch
Russian oil magnate Roman Abramovich has bought a Colorado ranch for $36.3 million … Baseball great Henry "Hank" Aaron has listed his West Palm Beach, Fla., home that borders a golf course for $900,000 … plus more. Photos
How to Find Foreign Home Buyers
June Fletcher explains how to find real-estate agents who focus on foreign buyers – critical now as these home hunters see U.S. properties as bargains.
Centro's Structure Fends Off Creditors
Centro Properties Group's complicated capital structure was a key to its growth. Now that the company is struggling, the structure may shield it from creditors.
Post's Meager Prospects
Chances for a sale of Post Properties appear to be dimming amid weaker-than-expected first-quarter earnings and the loss of a key prospective buyer for the company.
Self-Storage Business Faces a Test
As self-storage companies head into their peak rental season, the assumption that they will benefit from the housing crisis is being tested.
Home-Price Decline Spreads
In the latest sign that the housing market is deflating at a record pace, the National Association of Realtors said prices declined in more metropolitan areas in the first quarter than at any time in the past three decades.
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