Real Estate
Sat July 19, 2008 |
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For much of the 20th century, the proportion of whites shrank in most U.S. cities. In recent years the decline has slowed considerably -- and in some significant cases has reversed. As neighborhoods grow more multicultural, conflicts over home prices and education are opening a new chapter in race relations.
Let the Sunshine In
Sick of high energy bills, our columnist investigates solar options.
The Newest Cottage Industry
Ross Chapin and Jim Soules build tract houses that are half the size of the average U.S. home and cost a lot more per square foot. What's surprising is how quickly they sell them. Now, other developers are starting to lean their way.
Freddie Moves Toward Stock Sale
Freddie Mac is considering raising capital by selling as much as $10 billion in new shares to investors. The move would have the potential to avoid a full-blown government rescue for Freddie and Fannie Mae. Friday, Freddie filed an SEC form to register its common stock, removing one obstacle that has kept the company from raising capital.
Nicolas Cage Lists Vegas House
Nicolas Cage lists a house in Las Vegas… Aerosmith drummer Joey Kramer puts his Massachusetts home on the block… One of the most expensive houses ever for sale in the Bay Area is back on the market. Photos
Trying to Track Mortgage Mess
Which states have been hardest hit by the mortgage crisis? It depends on who is doing the counting, and how. Data providers of foreclosure numbers use different methods and have different goals, making it difficult for legislators to get a grip on the problem.
Public Debt Limit Enters Housing Debate
House Democrats negotiating a rescue of Fannie Mae and Freddie Mac said they wouldn't exempt the proposal from the annual debt limit, a move designed to quell lawmakers' concerns that the Treasury's financial aid could be unlimited.
Against All Odds
Over the past few years, real-estate entrepreneur Sam Nazarian has injected new buzz into the Hollywood club scene and now intends to resurrect Vegas with the same kind of cool. The odds, as they say, are against him.
Beijing Hotels Face a Glut of Rooms
Predictions that half-a-million overseas visitors would attend the Olympics accelerated a surge of hotel construction in China. But all that building may have produced a glut of rooms in one of the world's prized hotel markets.
Too Many Malls, Too Few Tenants
Mounting pain among retailers is slamming the brakes on what had been the hottest shopping center development trend of this decade: lifestyle centers, the open-air shopping venues offering small parks and restaurants amid name-brand stores.
Financier's Death Hints at Trouble for Lenders
The death of flamboyant real-estate financier Scott Coles is drawing attention to the condition of the nation's commercial real-estate market, which is beginning to show mounting signs of distress.
Sat July 19, 2008
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