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Blog Profile / Developments - WSJ.com


URL :http://blogs.wsj.com/developments/?mod=WSJBlog
Filed Under:Business & Finance / Real Estate
Posts on Regator:2961
Posts / Week:9.9
Archived Since:December 12, 2008

Blog Post Archive

Statement From Rep. Watt on Delaying Fannie, Freddie Fee Hike

Rep. Mel Watt (D., N.C.), the incoming director of the regulatory agency that oversees Fannie Mae and Freddie Mac, announced late Friday that he would delay an increase in mortgage fees charged by the housing-finance giants.

5 Reasons Why Existing-Home Sales Slowed in November

Sales of previously owned homes fell 1.2% in November compared to one year ago, the first year-over-year drop in nearly 2½ years, the National Association of Realtors said on Thursday. Here are five reasons why sales have slowed:

Amy Robach and Andrew Shue Land Rental in Lower Manhattan

ABC News correspondent Amy Robach and her husband Andrew Shue are moving into a new apartment in lower Manhattan, according to sources familiar with the deal.

Lennar Posts Fourth-Quarter Gains, Flags Recent Sales Slowdown

Lennar Corp. on Wednesday provided hope that the strongest home builders still can scratch out gains in an otherwise lackluster market, but it’s likely too early to declare that the new-home market’s recovery has emerged from its prolonged pause.

Plots & Ploys: a Tale of Two Cities

London is on top. The city’s West End had the most expensive office space in the world in the third quarter of 2013, according to a report released Wednesday.

Michael Biondi’s Greenwich Mansion Sells for $25 Million

The Greenwich, Conn. estate of the late investment banker Michael Biondi has sold for $25 million, according to the agents involved in the deal.

Why Mortgage Costs Could Rise in 2014

Mortgage costs for borrowers without big down payments and with less-than-perfect credit scores are set to rise next spring.

Hamptons Seller Tries a New Pitch: Buy My House in Bitcoin

The seller in Southampton, N.Y., is asking $799,000 for his ranch-style home—or its equivalent value in bitcoin.

Where FHA Loan Limits Will Fall the Most

FHA loan limits will fall in around 650 counties in the U.S. and Puerto Rico. The limits are pegged to local home prices, but several changes in how those limits are calculated explain some of the big drops.

Write-Down Reversal Helps Hovnanian Book 2013 Profit

Home builder Hovnanian Enterprises Inc. signaled Thursday that the housing market recovery regained some lost ground of late as the builder’s new sales contracts bounced back in October and November.

Mortgage Rates Slightly Lower in Latest Week

For the week ended Thursday, the 30-year fixed-rate mortgage averaged 4.42%, compared with 4.46% a week earlier and 3.32% a year earlier.

Tommy Hilfiger Co-Founder Sells at Lake Tahoe for $48 Million

Tommy Hilfiger co-founder Joel Horowitz has sold his Lake Tahoe estate for $48 million, according to public records.

The Gardener’s Year Ends—and the Debate Begins

A recent Weekend Gardener column about cleaning up flower beds for winter prompted a flurry of online comments. Here's a selection.

Hotels Double Up in Manhattan

Marriott International Inc. is stacking two hotels on top of each other to reach higher than any single New York City hotel building ever has.

Dole CEO’s Bel Air Estate Lists for $30 Million

A Bel Air estate owned by Dole Foods Co. Chairman and Chief Executive David H. Murdock is asking $30 million, according to co-listing agent Jeff Hyland, president of Hilton & Hyland.

Fannie, Freddie to Raise Loan Fees

Mortgage-finance giants Fannie Mae and Freddie Mac will boost certain fees that they charge lenders, the latest in a series of increases that could raise home-loan borrowing costs for U.S. homeowners.

Senators Urge Against Loan Fee Increase in Budget Deal

Sens. Tim Johnson and Mike Crapo, the leaders of the Senate Banking Committee, have asked lawmakers engaged in budget negotiations not to raise loan-guarantee fees charged by Fannie and Freddie to generate new revenue.

Four Ways Mel Watt Could Change Housing Policy

A look at how Rep. Mel Watt (D., N.C.) could shift the direction of the Federal Housing Finance Agency if he is confirmed to lead the regulator.

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