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House of the Day

Two Homes in One
This 10,000-square-foot property in Newport Beach consists of a two-story main house and a separate three-story guesthouse separated by a pool.
- Visit the House of the Day homepage.

Property Search

AGENTS AND OWNERS: List your property with WSJ.com

Housing Inventory Declines
The supply of homes available for sale in 27 metro areas was down slightly in September, but inventory was generally still plentiful, according to figures compiled by ZipRealty Inc.
- See inventory data by metro area

MGM Mirage Slashes Condo Prices
MGM Mirage is cutting the price of the condos at its $8.5 billion City Center development by 30% due to the economic downturn.
U.S. Data Show Mortgage-Denial Rates
A Fed report on home mortgage data showed that blacks and Hispanic whites were far more likely than non-Hispanic whites to be denied last year in applying to refinance.
A Return to Real Estate
With property prices having fallen around the world, financial adviser Dave Yeske sees opportunity in a global realty fund
- Video: How to Invest in Real-Estate Funds
Ex-Yahoo Official Decker Buys in Calif.
Susan Decker paid $5.1 million for a waterfront home in Belvedere. Also, Packard Bell founder and real-estate investor Beny Alagem agreed to sell his NYC condo.
- See photos of these homes
Homes for a Song
Homes in New York, Paris and Chicago that are close to great opera houses.
- See photos of these homes
Are Distressed Homes Worth It?
In August, nearly a third of overall housing sales were distress sales. But home buyers are discovering that the bargains can come with a steep price.
In Aspen, Views Plus Totem Pole
Novell Chairman Rick Crandall tackled the construction of his 8,250-square-foot home in Aspen with the same patience and means he applies to his other idiosyncratic interests.
- Photos: Rick Crandall's Aspen Home
Panel Split on Probing VIP Loans
A congressional battle is heating up over whether to subpoena records of Countrywide Financial's controversial VIP mortgage program.
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Mortgage Rates Below 5%
Mortgage rates fell this week, with the average rate on 30-year fixed-rate mortgages falling below 5% to a four-month low, according to Freddie Mac's weekly survey.
Dubai Property Fair Set to Begin
Dubai property-industry executives are anxiously watching to see if the Cityscape real-estate jamboree can give the emirate a much-needed shot in the arm.
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Wall Street Reworks Mortgages
A new wave of repackaged mortgage investments, "re-remics," are emerging as banks and insurers seek to make soured securities look better.
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Mortgage Availability Falls in U.K.
The availability of mortgages in the U.K. declined despite banks' lending commitments, the Bank of England's credit conditions survey showed.
Worried Mortgage Rates Will Rise? You Have Options
Prospective home buyers can protect themselves from an interest rate spike by investing in a mutual fund that tracks rates, or buying options on one of those funds, writes Brett Arends.
Banks Bite Bullet on Loans
Banks and loan investors are starting to bite the bullet and lower the principal on mortgages for some struggling borrowers, new data show.
Watergate Hotel Under Sales Contract
The famed Watergate Hotel in Washington D.C. is under contract to be sold by PB Capital to a venture led by Holland Development Group for about $40 million.
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Hard Hats' Ladder to Prosperity Removed
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Mixed Data Show Fragility of Recovery
The Next Hot Youth-Magnet Cities
Ingenious and Demanding
Inside the Shadow Market

House of the Day

House Tours
See slideshows of dozens of unique homes from Morocco to Maine.
- HOD Community: Discuss the homes

Developments

Credit Suisse: Don’t Dismantle Fannie Mae and Freddie Mac
A new report from mortgage strategists at Credit Suisse argues that the U.S. government shouldn't rip up its playbook on housing finance.
Does America Need 8,000 Mortgage Lenders?
The Most Toxic Loans in Commercial Real Estate
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Toolkit

Buying & Selling

How to Land a Foreclosure House
Buying a foreclosure home often is appealing to house hunters trying to stretch their dollars. But finding a good one can be a challenge.
KB Home Narrows Loss
Off the Gridiron

Second Homes

West Palm Condo Combo
An elevator, two entrances and open spaces give this Florida condo, built by integrating two raw spaces, the feeling of a private home.
Squeeze Money Out of Vacation Homes
Hamptons Summer Rentals See Price Cuts

Home & Garden

Hamptons Show Signs of Life
The housing market remains shaky, but lower prices and a surge of newly emboldened Wall Streeters are bolstering sales in the Hamptons.
Matt Lauer Buys in the Hamptons
The Roman Empire

Commercial

Retail Vacancies Hit Multiyear Highs
Retail-vacancy rates hit a multiyear high in the third quarter, adding to pressure on shopping-mall owners.
Office Rents Dive, Vacancies Rise
Starwood Sees Payoff in Patience

Columns

About the house
By Gwendolyn Bounds
Where the Grass Is Made Greener
House talk
By June Fletcher
When Landlord Faces Foreclosure

Teardown diary
By Nancy Keates
Home Again
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Highlights

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Fannie, Freddie to Aid Banks
Fannie Mae and Freddie Mac are set to introduce a program aimed at helping independent mortgage banks acquire the short-term credit they need to make home loans.
Apartment Vacancies Rise to 7.8%
Apartment vacancies in the U.S. rose to 7.8%, a 23-year high, as unemployment hurt demand in the usually busy summer period.
Home Builders Curtail Freebies
Home builders are scaling back on the incentives offered to attract buyers, putting an end to such freebies as sports cars and tropical vacations.

Real Estate Video

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Q: When will jumbo refinance rates start to come down and why?

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