Highlights
A collection of news and information related to Real Estate published by Tribune Company sources.
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Construction spending falls less than expected
Associated PressWASHINGTON -- Construction spending fell less than expected in November as record activity on nonresidential projects helped offset another steep decline in housing. The outlook, however, is for significant weakness as the worst recession in at least a...Tags: General Growth Properties Incorporated, Construction, Barack Obama, Quarterly or Semiannual Financial Statements, Financial Markets
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November construction spending drops less than expected but housing keeps plunging
AP Economics WriterWASHINGTON (AP) — Construction spending fell less than expected in November as record activity on nonresidential projects helped offset another steep decline in housing. The outlook, however, is for significant weakness as the worst recession in...Tags: General Growth Properties Incorporated, Construction, Barack Obama, Quarterly or Semiannual Financial Statements, Financial Markets
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Roadblocks to real estate deals on the rise
In a word, it's been dead. True, it's usually dead in residential real estate offices during the holidays. But this December gave new meaning to "dead." Existing-home sales? Dead. New-home sales? Dead. Real estate prices? Dead. Yet just when you...Tags: Homes, Property, Real Estate Agents, Sales, Chicago Real Estate
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Home Sellers Forced To Become Landlords
The Hartford CourantScott Moreland is a reluctant landlord. Two years ago, when he got married, he and his fiancée both had houses. So they moved into one and listed the other — a two-bedroom single-family in Portland — for sale. After months of waiting for a...Tags: Homes, Real Estate Agents, West Hartford, Rentals, Sales
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Commercial real estate outlook: renters gain the upper hand over landlords
AP Real Estate WriterNEW YORK (AP) — The balance of power between landlords and tenants will shift dramatically in 2009. For landlords, this promises to be a year of intense competition, more bankrupt tenants, and tightfisted lenders. For renters, it looks like a...Tags: Prices, Financial Services, Marketing, Condos and Houses, U.S. Department of Treasury
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Can you flip a house for profit in this market?
By Carole Moore bankrate.com If flipping a house in today's real estate market seems riskier than trekking with a ragtag band of hobbits to Mordor, take heart: Home flippers can still find plenty of opportunities, though they're not entirely without...Tags: Homes, Banking, Foreclosures, Real Estate Sellers, Property
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What's ahead: If buyers and sellers know what to look for in 2009, they should fare better
Special to NewsdayIf it's true that income is a key driver of housing prices, then the sharp rise in unemployment will keep housing prices low and primary home foreclosures on the rise, all pointing toward a tough beginning for real estate in 2009. Although interest rates...Tags: Facebook, Credit and Debt, Sociology, Sales, Condos and Houses
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Lake Forest, Lake Bluff court home buyers
Tribune reporterTwo North Shore communities have put up "For Sale" signs in the wake of a housing slump that has hit Lake Forest and Lake Bluff harder than neighboring communities along the Lake Michigan shoreline. Officials in both communities are working with local...Tags: Homes, Real Estate Buyers, Lake Bluff, Economic Policy, Sales
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As home values drop, divorce gets nastier
New York Times News ServiceWhen Marci Needle and her husband began to contemplate divorce in June, they thought they had enough money to go their separate ways. They owned a million-dollar home in Atlanta and another in Jacksonville, Fla., as well as investment properties. Now the...Tags: Lawyers, Jacksonville (Duval, Florida), Homes, Family, Sales
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50 Cent Shaves $ 4Million Off Farmington Property
The slowing real estate market has caught up with 50 Cent. After almost two years on the market, the rapper has lowered the price of his Farmington mega-mansion from $18.5 million to $14.5 million, a 21 percent price cut. "It's the market," acknowledged...Tags: Johnny Knoxville, Real Estate Agents, Property, West Hollywood, Cher
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Whatever It Takes
Associated PressReal estate agent Sharon Zunkley has taken some unusual steps this past year to sell houses: She hired a cleaning lady to teach one male client how to clean his house before showings. She paid to have a stove fixed when the buyer and seller couldn't...Tags: Gainesville, Real Estate Agents, Prices, Sales, Clubs and Associations
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Little change expected in NN property reassessments
247-4536— Homeowners in Newport News have been upset about rising property reassessments for a while. But for more than 15 years, the city has seen few appeals and rarely lowered any of its reassessments, according to city records. In 2007, the city...Tags: Budgets and Budgeting, Property, Sales, Newport News (Newport News, Virginia)
Jan 5, 2009
|Story| Los Angeles Times
Jan 5, 2009
|Story| Associated Press
Jan 5, 2009
|Column| Chicago Tribune
Jan 4, 2009
|Story| Hartford Courant
Jan 2, 2009
|Story| Associated Press
Jan 2, 2009
|Story| Orlando Sentinel
Jan 2, 2009
|Story| Newsday
Dec 31, 2008
|Story| Chicago Tribune
Dec 30, 2008
|Story| Chicago Tribune
Dec 28, 2008
|Story| Hartford Courant
Dec 28, 2008
|Story| Associated Press
Dec 30, 2008
|Story| Hampton Roads Daily Press

