Finance :: Real Estate
Fewer Americans bought new homes in July, evidence that the housing sector is struggling to gain traction more than five years into the economic recovery. The Commerce Department said that new-home sales fell 2.4 percent last month.
U.S. home construction rebounded in July, rising to an eight-month high and offering hope that housing has regained momentum after two months of declines.
One new Manhattan skyscraper will greet residents of pricey condos with a lobby in front, while renters of affordable apartments that got the developer government incentives must use a separate side entrance - a so-called poor door.
A new generation of Japanese architects is scoring success by reinterpreting the past.
Average long-term U.S. mortgage rates rose slightly last week but remained near their lows for the year. Mortgage company Freddie Mac said the nationwide average for a 30-year loan inched up to 4.14 percent from 4.12 percent last week.
An Atlantic City-area real estate figure has bought at auction a property that earned its owner near-folk hero status for resisting decades of overtures from developers including Donald Trump.
Tour China's ghost cities, as we did with financial analyst Gillem Tulloch, and you'll see the spooky signs of a real estate bubble. Watch Lesley Stahl's full report on "China's Real Estate Bubble."
New York's top financial regulator said Monday he will investigate whether the nation's largest overseer of subprime mortgages, Ocwen Financial Corp., overcharged struggling homeowners on insurance.
Though the U.S. unemployment rate has plunged since the start of last year to a five-year low of 6.1 percent, the Gallup Organization has found that consumers' view of the economy is the glummest it's been in seven months.
Zillow and Trulia, two companies that changed the way people shop for homes, are combining. Real estate website operator Zillow Inc. is buying its rival in a $3.5 billion deal that will make the biggest player in the online real estate information market.