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The real story on real estate from Business Week. |
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Second Home Buyers Look for More Urban EnvironmentsOct 15, 2009
When Andy Bush went to market with the Walnut, a condo complex in Boulder, Colorado, he figured the buyers would be young single professionals and empty nesters. Instead many of the...
Could Home Prices See A Double-Dip?Oct 13, 2009
Home price numbers have ended their free-fall, but a lot housing experts are still concerned about a possible double-dip.
Integrated Asset Services, which tracks troubled properties, says its...
Jumbo Loan Rates Dip Below 6%, Lowest In Four YearsOct 12, 2009
Mortgage interest rates are trending steadily downward. The research firm HSH reports that jumbo loans—those for higher-priced homes dipped below 6% for the first time since...
More Troubles At KB HomeOct 12, 2009
Big builder KB Home revealed in a Securities Exchange Commission filing that the federal regulator is examining the company's accounting. The stock fell about 6% today.
The filing doesn't offer much information. A spokesperson says: "KB...
Manhattan Apartments: Free Rent But Still Not CheapSep 25, 2009
The analysts at the investment firm Sandler O’Neil recently did a tour of the Manhattan apartment market with some of the biggest publicly-traded management companies including Avalon Bay...
Monopoly Game Has A New LookNov 24, 2009
I suspect many a real estate mogul got their start playing the board game classic Monopoly. It has a new look this year. This time rather than just houses and hotels, players can also build industrial buildings, railroads and sports stadiums, many in...
Green Buildings: Fewer Sick Days, Higher RentsNov 19, 2009
Environmentally-friendly construction practices have gotten a lot of hype over the past few years but do they really pay off as an investment? A new study found that tenants in green buildings experience increased productivity and fewer sick days. The...
Trump Cuts A Casino DealNov 17, 2009
He’s back. After seeing his New Jersey casino empire slide into bankruptcy for a third time, real estate baron Donald J. Trump has returned to the table.
As part of a deal cut with bondholders and announced today, Trump will receive a 10% stake in a...
Hooter's Las Vegas in DefaultNov 16, 2009
I once told my colleague Dean Foust, who was writing an article about the Hooter’s restaurant chain, that a planned Hooter’s casino in Vegas was a sure thing. “I’d invest in that,” I said. Scantily-clad women, beer, gambling, what could go...
Milken Institute Ranks the Best Cities for JobsNov 13, 2009
The Milken Institute came out with its annual list of cities that are best able to create jobs. The top ten were culled from a list of the nation’s 200 largest cities. All have managed to avoid the worst of the economic meltdown driven by falling...
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