Office-building construction is in the midst of a severe drought. This means higher rents may be on the horizon in some cities, if history is any guide.
Wall Street firms have begun to quietly jettison office space in a sign that repercussions from the recent contraction in the financial-services industry will be felt in the city for several years.
Federal and state officials aim to wrap up this week a multibillion-dollar agreement with five major banks to settle probes of alleged foreclosure abuses.
Romney stands by his position that the government should stay out of the national housing mess and let the market "hit the bottom." But in hard-hit North Las Vegas, Nev., the implications are clear.
This 2,286-square-foot house, built around 1925, has no garage but does boast original details like pecky cypress ceilings, handblown stained-glass panes in the powder-room door and Cuban tile floors.
Regardless of whether the New York Giants or the New England Patriots win Super Bowl XLVI on Sunday, a prohibitive favorite has emerged: Indianapolis-area hotels.
Ally Financial, the U.S. government-owned auto lender, swung to a $250 million net loss in the fourth quarter after taking a charge for regulatory penalties stemming from foreclosure matters.
Boston Properties Inc. and SL Green Realty Corp. reported stronger-than-expected quarterly earnings, a sign that the nation's largest office landlords have been able to boost revenue despite tepid job growth.
A Goldman Sachs Group Inc. real-estate fund that has walked away from a number of struggling investments is taking a different approach with a Chicago skyscraper, deciding to fight its creditors rather than surrender ownership of the building.
Australian monthly house prices declined once again in December, adding to concerns among banks and property firms that a deterioration in prices across the country will resume this year.
It may be one of the most intriguing trends in homebuilding: do-it-yourself tiny homes. Amid a growing interest in eco-friendly lifestyles comes a spate of picture books capturing the joys of shoe box living.
D.R. Horton swung to the black in its fiscal first quarter on a double-digit jump in home-building revenue and showed optimism for the spring selling season.
St. Joe signaled that it is again scaling back its development plans in Florida, an indication that efforts to turn the state's Northern Gulf Coast into a cluster of luxury second-home communities have been a flop.
New York Attorney General Eric Schneiderman said he is confident his main concern with a pending settlement of alleged bank- foreclosure abuses would be resolved, but he didn't commit to participating in an agreement.
Tim Headington asks $25 million in South Beach, Phil Mickelson relists in Rancho Santa Fe, Calif., and Mats Wilander puts his Idaho estate up for sale.
The Justice Department's plan to create a mortgage-crime unit with state authorities is likely to face the same difficulties earlier task forces hit in bringing charges against bank executives.
