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2009/06/01

Real Estate Update

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The Wall Street Journal Real Estate

June 1, 2009 -- 11:00 a.m.

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Young Lee?s Los Angeles contemporary is reminiscent of the high-design stores in his budding frozen yogurt empire. - Photos: The House That Pinkberry Bought - Private Properties: Talent Manager Lists L.A. Home - Relative Values: Easy Being Green

http://online.wsj.com/article/SB10001424052970203658504574189993176077028.html#mod=djemRealEstate

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The number of borrowers at least two months behind on their mortgage rose for the ninth quarter in a row, hitting 5.22%.

http://online.wsj.com/article/SB124385425510071885.html#mod=djemRealEstate

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The U.S. Federal Reserve's program to keep mortgage rates low by buying securities and Treasury bonds so far has been costly and seems to be having a fleeting impact.

http://online.wsj.com/article/SB124380834210470271.html#mod=djemRealEstate

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Industry watchers will be looking for signs of a resurgence for home builders when Hovnanian and Toll Brothers report earnings this week.

http://online.wsj.com/article/SB124382305839771139.html#mod=djemRealEstate

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Commercial real estate is going to be a drawn-out problem for banks.

http://online.wsj.com/article/SB124381830043870865.html#mod=djemRealEstate

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Talent manager Sandy Gallin, who represented Dolly Parton and Michael Jackson, is offering his L.A. estate for $32 million. |Photos
- Pinkberry Founder Goes Modern - Relative Values: Easy Being Green

http://online.wsj.com/article/SB10001424052970203658504574189611796360956.html#mod=djemRealEstate

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U.S. home foreclosures have a mixed impact on sales at Home Depot and Lowe's, the top executives at both home-improvement retailers recently said.

http://online.wsj.com/article/SB124381098810170335.html#mod=djemRealEstate

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Surging home-mortgage rates are threatening prospects for a quick rebound in the housing market.

http://online.wsj.com/article/SB124352408197662869.html#mod=djemRealEstate

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These homes in Chicago, Dallas and Julian, Calif., in the $1.3 million-$1.6 million range are designed with the environment in mind.

http://online.wsj.com/article/SB10001424052970203658504574189611833541796.html#mod=djemRealEstate

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Existing-home sales rose 2.9% in April as distressed properties and low prices bolstered the market. - Economists React: Sales at Bottom, but Not Prices - Developments: Price Declines Hit Stable Markets - MarketWatch Hot Stocks: Retail, Housing

http://online.wsj.com/article/SB124343285337858637.html#mod=djemRealEstate

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