Housing News

In this May 9, 2008 file photo, a foreclosure sign stands outside an existing home on the market in Denver.

The U.S. government needs to start using more of its money to support markets to stem a burgeoning ``financial tsunami,'' according to Bill Gross , manager of the world's biggest bond fund.

Prices of single-family homes fell in the second quarter, but at a slower rate than in the previous three-month period, an economic analysis company said Thursday.

The number of single-family homes sold in Rhode Island in July rose compared with the same month a year ago, in the first year-over-year increase in 17 months, even as prices marked their sharpest ...

Senior Federal Reserve officials on Thursday said the US economy seems on the verge of another slowdown while the most severe inflation threats may have passed, hinting that the central bank could keep interest ...

Toll Brothers Inc. said Thursday it swung to a loss in its fiscal third quarter as weak demand for new homes forced the luxury builder to mark down the value of its land and unsold homes.

But Chief Executive Robert Toll is seeing signs the market is stabilizing _ the company had the lowest contract cancellation rate in more than two years, and more buyers are putting down deposits.

'We believe that there is pent-up demand,' Toll said in a statement, but noted the housing market won't begin to recover until the trove of foreclosed homes on the market are sold.

Construction of a new "urban-style" Target store on 65th Street is energizing other nearby development proposals.

WAILUKU - The Maui County Council's Planning Committee reversed itself Tuesday and voted to allow bed-and-breakfasts to be located in agricultural districts, the Maui news reported today.

Two growing real estate companies joined forces Tuesday to become one of the largest brokerages in Northern Colorado.

Silverstone Communities on Wednesday opened a condominium community in Los Altos with homes starting in the low $500,000s in an area where median home prices approach $1.8 million.

The No. 6 U.S. builder reported on Wednesday a $202.5 million loss, or $2.67 per share, compared with a loss of $80.5 million, or $1.27 per share, in the year-ago third quarter.

This week it will feel different on Wall Street, and it's not just the change of season.

I am going to make a shocking statement. Here it is: Real interest rates are high.

The Telegraph is reporting Chancellor raises stamp duty threshold to 175,000 . Buyers of homes worth up to 175,000 will not have to pay stamp duty, Alistair Darling has announced, as he promised the country ...

Commercial office buildings have popped up around Redlands in recent months. The buildings could be the sign of strong economic times, were it not for one problem - many of the buildings are empty.

So they decided to use a more creative sales approach: Buy a miniature replica of the home for $169,000 and get the real thing thrown in for free.

They once held their heads high as prominent Montreal real estate developers, but now the small empire the Magi brothers built is mired in financial chaos and problems that generated a recent attempt on the ...

Charlene Zeman spent more than a decade in the housing business, including the last three years selling homes.

Montgomery's sluggish home market continued its yearlong slump as July sales sagged almost 30 percent below levels one year ago, according to the Alabama Center for Real Es tate.

British house prices continue to fall at a rapid rate, with the average home in August fetching 10.5% less than it did a year ago, mortgage lender Nationwide reported Thursday in its monthly survey.