Reuters - Simon Property Group Inc. , the nlargest U.S. retail property owner, on Monday said quarterly nfunds from operations, a key performance measure of real estate ninvestment trusts, rose 6.9 percent as higher rent and sales at nits malls offset a dip in occupancy. Read More…
My BusinessWeek colleague Mara Der Hovanesian would like to speak with people who are struggling to keep up with their mortgage payments now that teaser rates are expiring and ARMs are resetting. If you fit that bill or know someone…n Read More…
Home buyers have waited for years but perhaps the agony is over. It isnofficial; the National Association of Realtors has confirmed that we arennow in a buyers’ market. According to the NAR Junenreport on existing home sales issued last week there is now a 6.8 monthnsupply of existing homes on the market. One year ago thensupply […]
How much do Puget Sound-area condominiums appreciate compared with single-family houses? Are they significantly more affordable than houses… Read More…
Pacific Northwest … Read More…
LEWES, Del. — If Rehoboth Beach is the self-styled “Nation’s Summer Capital,” then Lewes, five miles up Coastal Highway, past the tangle of tax-free, strip-mall outlet shopping, is well prepared to handle the overflow. Read More…
Mortgage rates declined slightly this week as investors grew more hopeful that the Federal Reserve’s long string of rate hikes is drawing to a close. Read More…
It’s a long way from Nicaragua, but a Potomac estate became home for the only daughter of the founder of the Somoza family dynasty that ruled that Central American nation for four decades. Read More…
David Berson, chief economist for mortgage giant Fannie Mae, put it this way: One of the few immutable laws of economics is that “unsustainable trends eventually come to an end.” And the end of the trend is pretty much where we are right now in housing. Read More…
nRoger Schlesinger a.k.a. the Mortgage Minute Guy, is finally blogging. He’s part of the new conservative blogging network called townhall.com. Even if you are to the left, check out his section as it is mainly about the mortgage industry, and written for consumers.