In rush to give homes to welfare recipients, Obama’s choice for FHFA head bankrupted the agencies he’s supposed to regulate
Sony to Sell Manhattan Headquarters for $1.1 Billion
The sale yields a high return for Sony and sends the company’s stock up.
Is it cheaper to own or rent? - Atlantic Cities
Real estate website finds it’s cheaper to buy a home in every major U.S. urban area
China's economy suffers 'sharp slowdown' - NYT
‘Clearly the economy is much, much weaker than most people thought until recently. … They have a real mess on their hands’
Penthouse problems? Russians not strapped for cash - NYT
Rich Russians snatched up more than $1 billion in U.S. real estate over past four years
Home sales jump more than 4 percent in January - AP
Home sales rose to the highest pace since May 2010.
Billionaire's daughter pays record sum for NYC pad - Forbes
Ekaterina Rybolovleva, the 22-year-old daughter of Russian billionaire Dmitriy Rybolovlev, is buying the condominium
White House asking price slashed to $264 mln - MarketWatch
No, of course it’s not for sale, but if it were …
Parking lots offer safe haven for real-estate investors - CNBC
The numbers overwhelmingly favor the US parking industry, which grosses some $25–30 billion annually
Out of work hedge funders are really struggling to sell their Greenwich mansions - Business Insider
The number of homes worth $8 million on the market recently jumped by a third
NBC sitcom star 'Chandler Bing': NOTHING to say about Obama's proposed tax increase - TheDC
Current capital gains tax rate is 15 percent, Obama administration has proposed raising it to 20 percent
New-home sales down 0.7 percent in July - AP
‘Sales this year are on track to finish as the worst on records dating back half a century’
'Home prices could slide for 20 years' - CNBC
‘We’ve seen five years of decline already since the peak in 2006′
Park Avenue bargains
A satirical look at New York City’s high-end real estate market in the wake of the recent real estate crash.
Eleven cities hit new lows in home prices in December - LAT
Home prices in the nation’s largest metropolitan regions continued their descent in December
Nearly 11 percent of US houses empty - CNBC
Q4 of 2010 saw a nearly half a percent drop in home ownership resulting in many more empty houses
Consumer Confidence Index hits 8-month high - AP
The index shows that consumer confidence rating jumped to 60.6, up from 53.3 in December
2010 home sales lowest in 13 years - AP
December saw an unexpected spike in home sales despite an overall new low
Massive number of home foreclosures expected in 2011 - AP
About 5 million borrowers are at least two months behind on their mortgages
