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Real Estate


1 to 10 of 33 stories over past 30 days    view more

U.S. office market continues to spiral down: report

NEW YORK, July 7, 2009 (Reuters) — The U.S. office market vacancy rate reached 15.9 percent in the second quarter, the highest level in four years, and rent fell by the largest amount in more than seven years as demand remained weak, according to a leading real estate research firm. ...  > full story

Treasury ready to twist arms over consumer agency

WASHINGTON, July 6, 2009 (Reuters) — The Treasury Department is warning the financial services industry that it will not back down from its proposal to create a new consumer protection agency, even while lobbyists build a warchest and strategy to defeat the plan. ...  > full story

U.S. home prices seen down over 40 percent: Barclays

NEW YORK, July 2, 2009 (Reuters) — U.S. housing prices will fall by a double-digit percentage from already beaten-down levels, resulting in an overall 40 percent plunge by the time foreclosures peak in the second half of 2010, Barclays Capital economist Michelle Meyer said. ...  > full story

Fannie, Freddie ease terms for mortgage refinance

WASHINGTON, July 1, 2009 (Reuters) — The Obama administration on Wednesday expanded its foreclosure prevention efforts to help a greater number of underwater homeowners refinance their mortgages. ...  > full story

Jobs data signals hurdles amid factory glimmer

NEW YORK, July 1, 2009 (Reuters) — U.S. manufacturing mustered its highest level of activity in nearly a year in June but surprising weakness in private sector employment signaled how feeble an economic recovery might be, reports released on Wednesday showed. ...  > full story

U.S. pending home sales rise 0.1 percent in May

WASHINGTON, July 1, 2009 (Reuters) — Pending sales of previously owned U.S. homes rose slightly in May, the fourth straight monthly gain, a real estate trade group said on Wednesday. ...  > full story

U.S. mortgage applications fall to 7-month low

NEW YORK, July 1, 2009 (Reuters) — U.S. mortgage applications plunged to a seven-month low last week as demand for home refinancing loans tumbled 30 percent, data from an industry group showed on Wednesday. ...  > full story

Pace of home price declines slows in April

NEW YORK, June 30, 2009 (Reuters) — Prices of U.S. single-family homes fell in April from March but the pace of the decline moderated, suggesting stability is emerging in some regions, according to Standard & Poor's/Case Shiller home price indexes released on Tuesday. ...  > full story

KB Home posts loss, orders decline, shares drop

NEW YORK, June 26, 2009 (Reuters) — KB Home , the No. 5 U.S. homebuilder, posted a wider-than-expected quarterly loss on Friday and reported a year-over-year decline in orders, sending its shares down nearly 8 percent. ...  > full story

Lennar loss widens; new home sales up sequentially

June 25, 2009 (Reuters) — U.S. homebuilder Lennar Corp posted a wider year-over-year quarterly net loss, but saw a sequential rise in new home sales and orders, sending its shares up as much as 18 percent. ...  > full story
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