The recession is no day at the beach, even in New York's ritzy Hamptons and nearby Shelter Island. Asking rents for these three prime properties for Memorial Day through Labor Day are a bit lower this year than in 2008.
More than 2.3 million American homeowners faced foreclosure proceedings last year, an 81% increase from 2007.
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Tour a historic home in the heart of Savannah, Ga., The owners want to downsize, so they have put their 3,822-square-foot historic house on the market for $2.85 million.
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Construction of a skyscraper slated to be the world's tallest is being delayed as Dubai struggles to avoid a hard crash.
Home builder Lennar Corp. is lashing back at high-profile investigator Barry Minkow, who raised questions about the company's business practices last Friday and sent Lennar's stock tumbling.
As the Obama administration assembles its stimulus plan, many contractors are lobbying for projects that will spend money fast rather than focusing on longer-term policy goals.
California's Inland Empire has gone from a booming development smorgasbord to a basket case in a few years.
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The rapid reversal of fortunes in commercial real estate is taking down yet another sector: apartment complexes.
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J.P. Morgan Chase said it will stop underwriting prime mortgages that are originated through third-party brokers, relying instead on its vast branch network.
Is it better to negotiate with a short seller or look for a house that is already bank owned?
Federal bankruptcy judges say they are eager to have the power to restructure mortgages for struggling debtors because it could save hundreds of thousands of homeowners from foreclosure.
The number of homes listed for sale declined in many areas in December, but the drop was smaller than has been typical for the holiday period.
Yes – if you plan to stay awhile. But homeowners should consider alternative ways to save money long-term, writes Brett Arends.
Chinese-made drywall used in Florida is causing unpleasant odors and possibly leading to electric problems in dozens of homes constructed during the housing boom.
According to local lore, the cave was a Prohibition-era hot spot for Hollywood celebrities. Its current owner uses it for her shamanic practice.
A Senate bill meant to give homeowners more leverage in renegotiating their loans cleared a hurdle as Citigroup dropped its opposition.
David Lereah is one of many prognosticators who won accolades during the housing boom, only to see their reputations wither in the bust.
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Tour a vacation home on Delaware's Rehoboth Beach listed at $2.25 million.
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What started as a desire for more closet space led one couple to triple the size of their property. The 22,779-square-foot home, reduced to $34.95 million, has been on the market since 2004.
For those with New Year's resolutions to get in shape, here are three homes that feature their own fitness facilities.
For skiers, nothing says luxury so much as an ideally situated ski-in, ski-out home. Here are three such ski properties on the market.
Harsh winter weather and frugal spending may have cast a pall on most retail sales, but the snowblower is proving recession-resistant.
Landlords in the U.K. are expected to step up tenant incentives as office buildings, shopping centers and other commercial property head for another year of falling values.
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Harsh winter weather and frugal spending may have cast a pall on most retail sales, but the snowblower is proving recession-resistant.
Interest rates on home loans have fallen to 4.89%, but lenders say as many as half of those who want to refinance won't be approved.
—Tom Kundig, principal, Olsen Sundberg Kundig Allen Architects“It seems a lot of the innovation wasn't in how houses were built or how they look or function. Instead the novelty was in financing.”
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