scene at a condo auction in Florida (NYT)
Sand Castles - Half-Price Mansions
LUXURY-HOME SHOPPERS HAVE COME DOWN with a bad case of cold feet. From Malibu to Manhattan, would-be buyers of $5 million-and-up properties are pulling out of pending deals and suspending their searches out of concern over jarring drops in the stock market and dire economic news.
Home Prices Continue to Drop
Home prices continued to fall as the economic downturn deepened in September, according to the S&P/Case-Shiller home-price indexes and the Federal Housing Finance Agency home price index.
Segway inventor touts island as an energy model
Energy independence is still only a hypothetical goal for the U.S., but the owner of a tiny island off the coast of Connecticut says he has already achieved that feat and is offering his work as a model.
Stovetop Fire Safety
The holiday season is a bustling time of year in most kitchens. The holiday season is a bustling time of year in most kitchens.
Home shoppers rush in as mortgage rates fall
Telephones are ringing — and ringing — at mortgage brokers' offices around the country after this week's sharp drop in mortgage rates.
The Subprime Good Guys
In recent months, conservative economists and editorialists have tried to pin the blame for the international financial mess on subprime lending and subprime borrowers.
The Next Subprime Crisis Loom
As if they haven't done enough damage. Thousands of subprime mortgage lenders and brokers -- many of them the very sorts of firms that helped create the current financial crisis -- are going strong.
New crisis in commercial real estate looms
WASHINGTON - The full scope of the housing meltdown isn’t clear and already there are ominous signs of a new crisis — one that could turn out the lights on malls, hotels and storefronts nationwide.
NEW YORK (Reuters) - The economic crisis is finally crashing New York's real estate party, forcing the city's residents to start sharing the rest of the country's pain.
ADDITIONAL NEWS FROM AROUND DC REGION
- Barn Raising [Natural Home]
- Walker Road in Great Falls to Shut Down [Fairfax Times]
- CBRE to advice FDIC on bank assets [Wash Biz Journal]
- MTA: Purple Line tunnel too costly [Gazette.net]
- Signs Looking Hopeful for Virginia's Real Estate Market [Sun Gazette]
- County Signals Intent to Take Property [Fairfax Connection]
- Arlington Paychecks: #1, #3 or #9, Depending on the List [Arlington Gazette]
- Pr. William looks to minimize layoffs while axing $26M in spending [Examiner]
- The High-Stakes Game Of Raffling Off the House [Washington Post]
- The Bungalow is Back - Cool, Green and Smart [WHG]