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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

What the Government Shutdown Means for the Mortgage Market

A prolonged government shutdown could make it harder for some home buyers to close on their mortgages, though any shutdown that lasts for a week or two isn’t likely to have much impact, industry officials said Wednesday.

Park Avenue Condo Tower Approaches $1 Billion in Sales

New York City’s skyline is getting increasingly crowded, yet the luxury condo market shows little sign of cooling down.

No Shutdown in Sight: San Francisco Leads Office Leasing on Tech Strength

Data released Wednesday shows that vacancy rates in office buildings around the country in the third quarter inched down to an average of 16.9%, from 17%.

Trump Tower Sale Sets Building Record

Restaurateur Jeffrey Chodorow has sold his 3,700-square-foot Manhattan condominium in Trump Tower for $16.5 million, the highest recorded sale price in the building’s 30-year-history, according to Mr. Chodorow’s broker.

House of the Week: And the Winner Is…

House of the Week: Find out which home took top billing in the latest reader poll.

Q&A: Architecture With ‘Midwestern Pragmatism’

An interview with Jon Pickard, 58, co-founding principal of the architectural firm Pickard Chilton. This week Pickard Chilton released its design for a 32-story Milwaukee tower.

Three Takeaways on the FHA’s Financial Woes

The Federal Housing Administration, a major backstop of the U.S. mortgage market over the past five years, will require an infusion from the Treasury at the end of the month. Here are three takeaways on the FHA’s state of affairs:

Newest Miami Condo Enticement: Modern Art

Condo associations share ownership of all sorts of things: pools, fitness rooms, freight elevators. Why not pieces of multimillion-dollar conceptual art?

Real-Estate News: New-Home Sales Rebound in August

A look at real-estate news from Wednesday's WSJ, including the Property Report.

New-Home Orders Slower for Lennar, KB Home

Rising home prices and higher interest rates continue to sap the momentum of new-home sales as two national home builders reported Tuesday that their pace of new orders slowed in their most recent quarter.

San Francisco Compound Cuts $1 Million off Asking Price

A compound in San Francisco that belonged to the late New York art dealer and collector Allan Stone has had its asking price reduced to $4.995 million. The property was originally listed in May for $5.995 million.

Should You Rent or Buy?

Trulia this week released a new rent vs. buy calculator that lets prospective homeowners answer the question by entering where they want to buy and fiddling around with more than a dozen variables.

What Rising Interest Rates Mean for Home Prices

It’s a hotly debate question among economists and analysts right now: What will the recent spike in mortgage rates do to the housing market?

Home Builders Buoyed by Fed Decision, August Home Starts

Home builders got a double boost on Wednesday from a report of resilient construction of single-family homes in August and the Federal Reserve’s decision to continue efforts to boost the economy and keep interest rates low.

Real-Estate News: Empire State Building Prepares for Launch

Here is a look at real-estate news from Wednesday's WSJ, including the Property Report:

Realtors to Regulator: Don’t Lower the Loan Limits

A top housing trade group said Tuesday that the federal regulator for mortgage companies Fannie Mae and Freddie Mac doesn’t have the authority to lower the maximum loan amounts that the firms are able to purchase.

Regional Builder Chooses Bonds Over Banks

Bigger is better for home builders searching for financing these days.

Versace Mansion Sells for $41.5 Million

The opulent Miami mansion that was once home to the late fashion designer Gianni Versace was sold for $41.5 million to investors including the family behind Jordache jeans.

Why Rate Increases Could Hit Home Builders Harder

Contracts signed to purchase new homes fell sharply in July but contracts for existing homes didn’t fall very much. What gives?

Paramount CEO Brad Grey Lists Home in Los Angeles

Paramount Chairman and Chief Executive Brad Grey and his wife Cassandra Grey are selling their 10,600-square-foot house in Bel Air for $27.5 million, according to the listing agent.

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