Buying a home is the biggest purchase most people will ever make, yet many go into it blind. Here are the 6 most common — and costly — mistakes homebuyers make.
Go to Source
Losses at a Morgan Stanley real-estate fund could wipe out nearly two-thirds of its $8.8 billion investments. It likely will rate as the biggest dollar loss in the history of private-equity property funds.
Go to Source
The housing market has seen some positive signs recently, such as stabilizing home prices and increased sales, but foreclosures continue to haunt the market.
Go to Source
Banks are under pressure to write down second-lien mortgages to help borrowers keep their homes, which they are often reluctant to do when there is a chance of recovering some of the money.
Go to Source
The swooping tower at 9 West 57th Street in Manhattan is among the world’s most prestigious business addresses, but it is nearly half empty after billionaire owner Sheldon Solow has declined to reduce rents.
Go to Source
Homes with widow’s walks in Chapel Hill, N.C.; Barnstable, Mass., and Washington.
Go to Source
World Trade Center developer Larry Silverstein and government agencies that control the site have reached a deal to resolve a stalemate over rebuilding at Ground Zero.
Go to Source
Real estate prices in Santa Rosa, California are heading higher. What other cities are projected to enjoy home price gains in 2010?
Go to Source
Hate the mess your home has deteriorated into but you don’t have the time or means to do a comprehensive redecorating job? Or maybe it’s time to sell your place, but you don’t know how to show it off to best effect?
Go to Source
