Real Estate News from the Wall Street Journal

 

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Developments
New Condo Tower Set to Break Ground in Midtown Manhattan5/18/2012 2:25 PM
A venture of JDS Development Group and Starwood Capital Group hopes to break ground within months on a 50-story condominium and retail tower in a part of Midtown Manhattan that’s already seeing a rash of new development.


Big Week On Tap for Housing5/18/2012 1:34 PM
Some big housing numbers are expected next week: Existing-home sales, new-home sales and quarterly results from Toll Bros.


Flood Insurance Program Still in Limbo5/18/2012 12:01 PM
The long-running struggle to figure out the future of a federal program that provides insurance to homeowners in flood-prone areas is continuing, apparently without any end in sight.


Real Estate News: The New First Family of Real Estate5/18/2012 9:24 AM
Here is a look at real-estate news in Friday's WSJ.


Even Detroit Looks Good for Rentals5/16/2012 3:04 PM
Brokerage Marcus & Millichap is bullish on Detroit’s apartment market, which is benefiting from job growth as the battered automotive market slowly heals.


Single-Family Rentals Keep Pulling In Investors5/16/2012 11:33 AM
The push is on to turn single-family rental homes into an asset class that can be bought and sold on Wall Street.


Report: Sellers Boosted Prices in April5/16/2012 5:21 AM
Median list prices rose by 0.7% in April from March to their highest level in nearly one year, even as the number of homes listed for sale stood at levels down nearly 19% from one year ago, according to a report released Wednesday.


Regulator Laments Role of Largest Mortgage Lenders5/15/2012 4:33 PM
The U.S. mortgage industry has become too concentrated in the hands of a few large players, a leading housing regulator said Tuesday.


Homes Are Within Reach; Credit, Not So Much5/15/2012 2:27 PM
Buying a home is more affordable than ever, helped by depressed prices and record-low mortgage rates.


Ryan Seacrest Buys Ellen DeGeneres’s Beverly Hills Estate5/15/2012 1:47 PM
Ryan Seacrest is in escrow to purchase Ellen DeGeneres’s Beverly Hills estate for $37 million, according to a person close to the transaction.


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