Latest Real Estate News
An unnamed buyer paid more than $90 million for a Midtown Manhattan penthouse, the highest price ever paid for a New York apartment, according to the building's developer.
Posted on 18 May 2012 | 3:19 pm
'I have an airplane hangar in my front yard'Like so many Americans across the nation, Julie Clark commutes to work. But she doesn't drive, walk or even take a bus or train. Instead, she flies a plane.
Posted on 18 May 2012 | 7:50 am
The Facebook effect on San Francisco real estateThe Basis Point is a popular mortgage and housing blog that tracks consumer critical issues and data. It is edited by Julian Hebron, a retail mortgage lender who runs the San Francisco branches of RPM Mortgage.
Posted on 17 May 2012 | 11:27 am
Home buying at most affordable level in decadesBuying a home has reached its most affordable level in more than two decades.
Posted on 17 May 2012 | 10:52 am
Mortgage rates hit record low againBuying a home just got even cheaper as interest rates on both 30-year and 15-year-fixed-rate mortgages set record lows for the third week in a row.
Posted on 17 May 2012 | 10:09 am
Foreclosures fall to lowest level since 2007Foreclosure filings in April fell for the third straight month to the lowest level since July 2007.
Posted on 17 May 2012 | 9:18 am
Mortgage delinquencies drop to 4-year lowThe percentage of borrowers who have dropped behind on their mortgage payments fell to a four-year low in the first three months of 2012, a bankers' group said Wednesday.
Posted on 16 May 2012 | 8:21 am
George Lucas proposes affordable housing planThe film emperor may be striking back. For 25 years, filmmaker George Lucas tried to persuade his Marin County, Calif., neighbors to let him build a digital production studio on his ranch there, but the area's residents thwarted the plan.
Posted on 16 May 2012 | 5:56 am
BofA offering up to $30K for short salesBank of America is offering some struggling homeowners payments of up to $30,000 if they sell their homes in a short sale and avoid ending up in foreclosure.
Posted on 15 May 2012 | 4:37 pm
Park Ave. co-op sells for record $52.5MA recent sale in New York's famed 740 Park Avenue apartment building marked the highest price ever paid for a co-op in the city's history.
Posted on 15 May 2012 | 12:18 pm
Artist's habitat in the Jersey woodlandsRicky Boscarino is a sculptor, painter and jewelry maker whose biggest art project for the past 23 years has been his home on five quiet acres.
Posted on 11 May 2012 | 9:16 am
Unique home in the Jersey woodsOne of America's most flamboyant private residences lies in the woods of northwest New Jersey. It's the personal vision of artist and craftsman Ricky Boscarino and reflects his eccentric world view.
Posted on 11 May 2012 | 9:12 am
Redo your roof the right wayIt's hard to imagine a less enjoyable way to blow $5,000 to $15,000 (or more) than putting on a new roof.
Posted on 11 May 2012 | 4:30 am
Another record low for mortgage ratesMortgage interest rates hit new lows this week as both the 30-year and the 15-year fixed-rates fell, according to a weekly survey by Freddie Mac. It was the second consecutive week that rates broke records.
Posted on 10 May 2012 | 8:49 am
Consumer bureau targets predatory lendingThe federal government is considering a new set of rules on mortgage origination that it says would make the process simpler and more transparent for borrowers.
Posted on 10 May 2012 | 2:55 am
10 housing markets set for double-digit price gainsTen hard-hit housing markets will record double-digit price increases through 2013, according to a report Wednesday.
Posted on 9 May 2012 | 11:28 am
7 questions for your next real estate agentAfter four years of sleepy sales during the traditionally busy spring and summer homebuying seasons, real estate experts are forecasting a pickup.
Posted on 9 May 2012 | 4:29 am
For sale: $50M Lake Tahoe compound with vanishing garageWhen Internet millionaire Tom Gonzales was putting together his elaborate family compound on the shores of Lake Tahoe, he had one big concern: Where to put some of the most valuable cars in his 400-car collection.
Posted on 4 May 2012 | 6:25 am
Housing: The one bailout America could really useLaurie Goodman is an apolitical number cruncher who has spent most of her 28-year career out of the public view, studying the minutiae of mortgage-backed securities (MBS) for big investment banks. She's long been a star among Wall Street insiders, however. She holds the record for the most top rankings for fixed-in-come research from the trade bible Institutional Investor.
Posted on 17 January 2012 | 5:20 pm