Google has bought a 15-story building that previously housed the New York Port Authority headquarters. The building, in the Chelsea neighborhood of New York City, has more square feet than the Empire State Building. The purchas…
One of these months, new-home sales are going to show that Americans have decisively returned to buying newly built residences. Unfortunately, November was not that month: New-home sales rose a less-than-expected 5.5% to a 290,…
If struggling homeowners can make trial modified mortgage payments, the next logical step, it seems, would be to make the modifications permanent. Sadly, however, this is a rare occurrence. Follow the stories of three families …
Housing remains in a slow, but uncertain recovery, as existing-home sales increased a less-than-expected 5.6% last month, to a 4.68-million-unit annual rate. At least, home sales rose in every U.S. region, and inventories fell….
On Oct. 20, the state’s chief judge ended robo-signing by requiring a special affirmation from the banks’ attorneys. They now must swear that they know the banks’ documents are true because they checked the paperwork. The resul…