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  • FLORIDA -- Heavy with $182 million in construction loans, the long-awaited Trump International Hotel and Tower, a luxury hotel condominium in Fort Lauderdale beach, stands furnished, but empty, with not a single tenant inside.

  • U.S. homeowners who owe more than their house is worth will nearly double to 48 percent in 2011, according to a report by Deutsche Bank.

  • NORFOLK -- Back when the housing market was hot, the Norfolk Redevelopment and Housing Authority aggressively reworked development financing for its East Beach neighborhood in the hopes of paying off its loans quickly.

  • CALIFORNIA -- For now, it's the lower end of the market driving sales, California real estate agents say.

  • It is well known these days that loans, any kind of conventional loans, have become more difficult to obtain. The self-employed -- those whose income is reflected in IRS forms 1099, rather than W-2 -- receive particularly strict scrutiny from underwriters.

  • When it comes to real estate, buying more may be a better long-term plan than settling for what lenders insist your current income dictates. PJ Wade explains how to expand your thinking and perhaps your real estate ownership.

  • Steady jumps in pending home sales and low interest rates continue to lead housing out of the doldrums into growth mode -- and even toward price increases in some hard-hit markets as well.
  • In July 2009, Greater Toronto REALTORS reported a record 9,967 sales, up 28 percent from July 2008. The average price for July transactions was $395,414 - up by 6 percent compared to the same month last year.

  • The Los Angeles-based REIT surrenders a batch of office buildings as the commercial real estate market continues to suffer

    It's one of the nation's largest real estate investment trusts, but these days Maguire Properties (MPG) looks like just another heavily indebted homeowner trying to renegotiate loans and cope with foreclosure.

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    ServiceMagic.com, a company that links home owners with local contractors, has come up with a formula to figure out if your house is a money pit. According to a survey the company did, 23 percent of Americans believe they are spending way too much to keep their house maintained.

  • NORTH CAROLINA -- Federal banking regulators have cited a bank with branches in Wilmington and Southport for lacking an adequate business plan, lacking capital and having too many construction and land loans, according to documents filed last month with the Office of Thrift Supervision.

  • LOS ANGELES - A priest's typical mission is saving souls, but the Rev. John Lasseigne has a more down-to-earth goal - saving homes.
  • WASHINGTON - Billions of dollars the government is spending to help financially pressed homeowners avert foreclosure are passing through - and enriching - companies accused of preying on the people they're supposed to help, an Associated Press investigation has found.
  • NEVADA -- A federal task force has been in town the past two weeks reviewing Nevada's job safety and health plan as part of a special study in the wake of a series of construction accidents and deaths.

  • ARIZONA -- A new Arizona law is stirring up controversy among homeowners and real-estate agents. The law, which goes into effect on September 30, weakens legal protection for property owners after foreclosures by imposing new eligibility requirements for protections against lawsuits from lenders.

  • TEXAS -- Dallas' housing director said he had concerns in late 2004 that former Mayor Pro Tem Don Hill and his plan commission appointee, D'Angelo Lee, had improper connections with an affordable-housing developer.

  • COLORADO -- Megan Haile and Aimee Wilcox both have bellies that betray their first pregnancies, both have husbands deployed overseas in the Air Force, and both were handed the keys to new houses today.

  • CALIFORNIA -- Local real estate brokers are seeing a slowdown in foreclosures coming onto the market in the midst of a 90-day moratorium that began June 15.

  • CONNECTICUT -- For those sick of the gloomy housing market in Greater Hartford, the sun peeped out a bit from behind the clouds Thursday: A new report showed that in July the region had its first increase in house sales in nearly two years.

  • There were big doings at the White House last week over the future of Fannie Mae and Freddie Mac, the ailing giants who still finance roughly six out of ten new home mortgages in the U.S.
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    Los Angeles police chief William Bratton announced this week that he was leaving his post for an undisclosed job in the private sector. What does this have to do with real estate?

  • Firms report mixed results as they cope with the ups and downs of current housing market.

    Recent days have brought a flurry of quarterly financials from housing-related companies, from home builders to building materials manufacturers. Here’s the latest headlines on lumber and building materials companies, thanks to BUILDER's sister publication ProSales magazine.

  • Historic land-versus-construction cost data creates a detailed portrait of how far and where land and home prices have fallen.

    For years, the rule of thumb ratio for land-versus-home construction costs has been one to four or one to three, but a new data base published by the Wisconsin School of Business shows just how widely that ratio varies across the country and how drastically it changed in many markets during the housing boom and consequent bust.

  • Fortress acquired a condominium project in New York from developer Kent Swig for $20 million through a foreclosure auction.

  • Fortress acquired a condominium project in New York from developer Kent Swig for $20 million through a foreclosure auction.

  • Songdo, a $35 billion city-within-a-city near Seoul that is one of the world's largest commercial developments, sees the official opening on Friday of its first phase, including a park, hotel, apartments and convention center.

  • An Oakland, California real estate investment fund is carving out a niche that might work in other areas with roughly similar demographics: Acquiring and turning around lower-cost single family houses in neighborhoods outside San Francisco with strong mass-transit connections to urban employment centers and good job-growth potentials.

  • Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 5.22 percent with an average 0.6 point for the week ending August 6, 2009, down from last week when it averaged 5.25 percent. Last year at this time, the 30-year FRM averaged 6.52 percent.

  • There's a movement away from the McMansions toward smaller homes for convenience and cost-savings. It seems an attitude of “less is more,” is prevailing in the housing industry; whether it will remain short-lived may depend on the economy.

  • Squabbling heirs—and carefully laid plans to maintain family control—are among the reasons for the luxury hotel chain's timing

    It has been a stock offering investment bankers have been drooling over for decades. Hyatt Hotels has a prominent brand name and a multibillion-dollar market value. On Aug. 5 the privately held company filed with federal regulators to begin the process of selling shares to the public.

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