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Real Estate Outlook: Mixed Figures
With sharp drops in sales of existing and new homes plastered over the front pages and leading the nightly newscasts, it’s no wonder the real estate doomsayers on Wall Street have been working overtime.

Recent mortgage modifications seem to help
Borrowers who had their mortgages modified recently are faring better than those who had them altered earlier in the housing crisis.


Mortgage – Business – Loan – Financial Services – United States

Foreclosure trims number of underwater homes
Foreclosures are helping to thin the ranks of U.S. homes with mortgages that exceed what the properties are worth, new data shows.


Foreclosure – Mortgage – United States – Real estate – Business

48 percent leave Obama mortgage-aid program
Nearly half of homeowners seeking help from the Obama administration’s flagship effort to help those at risk of foreclosure have fallen out of the program.


Foreclosure – Presidency of Barack Obama – Barack Obama – President – United States

Empire State Building to get new, tall, neighbor

The Empire State Building’s owner has lost his bid to stop a new skyscraper from rising in the neighborhood.

Empire State Building – Skyscraper – United States – Building Types – Arts

Empire State Building to get new, tall, neighbor

The Empire State Building’s owner has lost his bid to stop a new skyscraper from rising in the neighborhood.

Empire State Building – Skyscraper – United States – Building Types – Arts