Prospects for a Senate deal to extend the homebuyer tax credit remain good. But details still need to be worked out, and worries about its cost and effectiveness are weighing on some lawmakers’ minds.

The housing market remains in the dumps, but that hasn’t prevented the National Association of Home Builders from introducing a fresh logo as...

The $8,000 first-time home buyer tax credit may have been used by tens of thousands of people who weren’t supposed to receive it, an Internal Revenue Service watchdog official told a Congressional hearing on Thursday. Russell George, who serve...

Another mortgage lender that specializes in loans backed by the Federal Housing Administration is coming under...

The nation’s top housing official expressed doubt over the need to extend the $8,000 tax credit for first-time home buyers, and said that the Obama administration was reviewing...

Brian Harkin for The Wall Street Journal A Deutsche Bank report out this week paints a grim picture for apartment owners and real-estate investors in New York City in the wake of the October ruling on Stuyvesant Town/Peter Cooper Village in Manhattan....

The Obama administration Monday announced long-awaited guidelines that should make it easier for some financially-troubled borrowers to sell their homes. The new rules are designed to encourage the use of short sales, transactions in which the...

Real Estate News compiles a daily wrap-up from each morning’s Wall Street Journal and other news sources. Construction Job Cuts (WSJ): Highway-construction companies, having completed many stimulus projects, are starting to see business dry up, an...

From the WSJ’s MarketBeat blog: Associated Press In light of the current concern over Dubai’s debt, the inevitable questions are beginning. Might the market have seen this coming? Sure, looking back on it, it seems like there were probably some red...

Newspaper editors like “real-life” examples in our stories. So, if we write about the dangers of slicing bagels, we find someone who splattered blood across the kitchen counter. If we write about people who have mortgage troubles, we quote someone...