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Selling a home without a real estate agent can save thousands of dollars in commission fees, but it can also be a painstaking, confusing task.
Mall operator General Growth Properties Inc., which filed the largest U.S. real estate bankruptcy case in history earlier this year, said Thursday its lenders have agreed to restructure some $8.9 billion in shopping mall mortgage loans.
A key gauge of homebuilders' confidence held steady in November, reflecting a cautious outlook from residential developers as they waited to learn whether Congress would extend a homebuyer tax credit.
The housing market welcomed a bigger share of first-time buyers and single women this past year, while a majority of sellers resorted to dialing down prices to get their homes sold, a new homebuyer survey shows.
Federal Housing Administration Commissioner David Stevens said Saturday that concerns the agency is headed for the same financial trouble that snared Fannie Mae, Freddie Mac and the subprime sector are unwarranted.
Home prices are expected to grow modestly next year and sales will keep rising as the housing market continues to recover from the worst downturn since the Great Depression, the National Association of Realtors said Friday.
Toll Brothers Inc. said Tuesday buyers signed 42 percent more contracts for new homes in its fourth fiscal quarter, but revenue dropped because the luxury builder has fewer communities around the country.
Homebuilder Beazer Homes USA Inc. reports earnings for its fiscal fourth quarter on Tuesday. The following is a summary of key developments in the period.
The housing bust left homebuilders with plenty of red ink on their books as they walked away from swaths of land they no longer needed.
Rates for 30-year home loans climbed to 5.03 percent this week, the third consecutive weekly increase.
Homebuilders are growing less optimistic about their fortunes as a temporary tax credit for first-time homebuyers that boosted home sales this year nears its end.
Foreclosures will peak by the end of next year and unemployment will climb above 10 percent as the housing market and U.S. economy grapple with the aftermath of the recession, the Mortgage Bankers Association's chief economist said Tuesday.
Home sales in California are expected to dip next year, bucking the national trend, as unemployment and the loss of a tax incentive for homebuyers weigh on the country's largest housing market, a forecast Wednesday showed.
Asians, many of them living in foreclosure-ravaged California, suffered the sharpest drop in homeownership last year, eclipsing declines felt by whites, blacks and Hispanics, according to new Census data.
The National Association of Home Builders said Wednesday its housing market index rose in September for the third month in a row, reflecting growing optimism in the industry about rising home sales.
Hovnanian Enterprises Inc.'s chief executive said Thursday the homebuilder has begun buying land, raising home prices and reopening previously mothballed developments in response to signs that the worst of the housing market slide has passed.
Hovnanian Enterprises Inc. trimmed its loss in the third quarter as the homebuilder slashed costs and benefited from a swell in signed contracts for new homes, but the results fell short of Wall Street estimates.
AutoNation Inc., the nation's largest auto dealership chain, said Saturday it hit the brakes on the popular Cash for Clunkers program three days early because it wants to make sure it can submit the paperwork on thousands of sales to the government before a Monday evening deadline.
Pulte Home Inc.'s $1.53 billion takeover of rival Centex Corp. was approved by shareholders of both companies Tuesday, creating the largest homebuilder in the United States.
Times are tough for U.S. commercial property owners, but few have it worse than landlords in Detroit.
Even as the housing market starts to show signs of recovery, fortunes for commercial real estate are looking increasingly grim — and that could spell trouble for the fragile U.S. banking sector.
Beazer Homes USA Inc. said Thursday it cut its fiscal third-quarter loss sharply, largely because of a gain from a reduction in its debt load, and the homebuilder noted new home order trends showed signs of improvement.
Pulte Homes Inc. and Centex Corp. posted quarterly results Monday reflecting the recent improvement seen in the nation's battered housing market.
Pulte Homes Inc. says its second-quarter loss widened versus a year ago, but the homebuilder's results improved over the first quarter as the housing market started to recover.
Centex Corp. says it posted a profit in its first-quarter, thanks to a $407 million tax gain.
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