Beverly Hills is luring wealthy individuals seeking real estate investments, driving up prices for trophy apartment buildings in the city.
Minneapolis, Dallas and Denver are enticing U.S. commercial-property investors as a rebound in demand spreads from prime markets along the U.S. coasts.
BofA CEO Brian T. Moynihan told shareholders today the nation's housing market faces "enormous challenges" and that the lender is still struggling to contain bad mortgages.
S& P's may downgrade 7,077 classes of U.S. home-loan securities, after updating its loss projections for deals issued during 2005, 2006 and 2007.
Bank of America may pay as much as $3.69 billion or as little as $890 million to settle a probe of its practices, Nomura Securities International Inc. analysts estimated.
At Bank of America Corp., where the company's home-price forecasts have proved too good to be true, billions of dollars of new losses are at stake along with the credibility of its CEO.
More than 28% of U.S. homeowners owed more than their properties were worth in the first quarter as values fell the most since 2008, Zillow Inc. said today.
With U.S. home prices back down to their 2009 lows, you might be wondering what all the government programs to stabilize the housing market have accomplished.
Former Florida Governor Jeb Bush and others offer their take on the future of real estate markets.
New York and other states have stringent residency requirements, so clients need to follow the rules closely to avoid state taxes on a second home.
Purchases of new houses in the U.S. rose in March from a record low as the weakest industry in the economy strained to recover.
A gain in sales of U.S. previously owned homes in March failed to make up for the ground lost the prior month, a sign that the housing market is taking time to recover.
The most affordable real estate in a generation is failing to lure buyers as Americans sour on the idea of home ownership.
A former bond trader admitted he manipulated the prices of mortgage investments to conceal trading losses, U.S. Attorney Paul Fishman said in a statement.
REITs outperformed the broader equity market in the first quarter of 2011, according to the National Association of Real Estate Investment Trusts.
Demand for apartments is rising, and that's where real estate investors are looking to make money.
Former Florida Governor Jeb Bush said that the absence of an entity like the Resolution Trust Corp. is hindering a recovery in U.S. real estate markets.
All-cash deals by investors for real estate are surging, as lenders tighten mortgage standards and consumers stay on the sidelines amid a five-year slide in home prices.
While much of Florida's real estate market remains depressed, buyers seeking homes in the state's affluent enclaves are finally getting off the fence, observers say.
Wealthy individuals are increasing their investments in commercial properties, whose low values are being viewed as attractive yield opportunities.