Archives
From Bankers to Cage-Dwellers, KH Feels Property Price Squeeze
Sandy Shutdowns Could Slam New York Office Market
Waiting for Housing to Drive the U.S. Economy
EDITOR'S PICKS
-

Top 1,000 Brokerages Reveal Which Real Estate Firms Are Surviving — And Growing — In The Current Recessionary Market
-

Shohei Ohtani And His Agent Settle Hawaii Lawsuit Over Alleged Sabotage Of $240 Million Real Estate Project
-

James Corden Locked In Bitter Fight With London Council Over Paving Changes At His $22 Million Heritage Home
-

Mortgage Rates Jump Back Above 6% After Iran Strikes Push Oil Prices And Treasury Yields Higher
New York Mayor Michael Bloomberg on Monday named a former Federal Emergency Management Agency official to lead the city's housing recovery effort after superstorm Sandy left tens of thousands of local residents homeless from flood damage or placed in shelters due to lack of power, water and heat. Sandy Still Causing Nightmare Commute, Housing Crisis
Most New York City schools reopened and millions of commuters fought huge crowds on public transportation on Monday, a week after superstorm Sandy devastated the U.S. Northeast and created lingering hardship for disaster victims as winter sets in. Spanish Bad Bank Faces Struggle to Lure Property Investors
Spain's "bad bank" will struggle to find buyers for swathes of empty land, unfinished housing projects and doubtful loans left over from a property crash, hindering Madrid's attempts to overcome the wider economic crisis. Goldman Sachs Urges Supreme Court to End Mortgage Class-Action Lawsuit
Goldman Sachs Group Inc has urged the U.S. Supreme Court to throw out a mortgage securities class-action lawsuit that it said could cost Wall Street tens of billions of dollars. MetLife to Sell Mortgage Servicing Portfolio to JP Morgan
MetLife Inc, the largest U.S. life insurer, said it will sell MetLife Bank's mortgage servicing portfolio to a unit of JPMorgan Chase & Co for an undisclosed amount, as it looks to exit its bank holding structure. What happened to Smart Home Appliances?
The reluctance of utilities and makers of appliances and intelligent meters to develop demand response systems undermines a core motive in a massive smart meter rollout in Europe. Goldman Urges Supreme Court to End Mortgage Class-Action
Goldman Sachs Group Inc has urged the U.S. Supreme Court to throw out a mortgage securities class-action lawsuit that it said could cost Wall Street tens of billions of dollars. NY Governor Warns Insurers Note to Charge Hurricane Deductibles
The governors of New York, New Jersey and other U.S. states said on Wednesday that insurance companies should not charge hurricane deductibles that cost tens of thousands of dollars to state homeowners who file claims for damage from Sandy because it was labeled a "post-tropical storm" by the time it hit land. Homeowners Dodge Sandy Deductibles, Face Other Costs
When the National Hurricane Center declared Sandy a "post-tropical storm" just before it made landfall, a lot of homeowners across New Jersey, New York, Connecticut and Maryland may have saved a lot of money. The governors of these states have told insurance companies that because the storm was not classified as a hurricane, the insurers can't enforce costly hurricane deductibles on storm-related claims. How to Protect Your Hurricane Sandy Insurance Claims
For some homeowners, the aftermath of Hurricane Sandy could bring a whole second round of troubles. After the storm passes, they may have to negotiate with their insurers to get the cash they need to repair wind and water damage.