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2009/06/29

Real Estate Update

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The Wall Street Journal Real Estate

June 29, 2009 -- 11:00 a.m.

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An elevator, two entrances and open spaces give this Florida condo, built by integrating two raw spaces, the feeling of a private home.

http://online.wsj.com/article/SB124578447305743165.html#mod=djemRealEstate

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Emaar, the Middle East's largest developer, is in talks to merge with three state-controlled property firms because of a sharp downturn in the emirate's property market.

http://online.wsj.com/article/SB124606789773164127.html#mod=djemRealEstate

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In a city filled with the flashy and the new, one man's Los Angeles mansion mixes modern decor with an iconic past. - Photos: Howard Hughes Slept Here - Private Properties: FDIC's Bair Cancels Listing After Cutting Home Price - Relative Values: Anchors Aweigh

http://online.wsj.com/article/SB10001424052970204621904574246033248348544.html#mod=djemRealEstate

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Homes near great sailing in Marion, Mass.; Ibiza, Spain; and Dana Point, Calif. - Photos: Homes by the Sea

http://online.wsj.com/article/SB10001424052970204621904574250210183613426.html#mod=djemRealEstate

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The property slump is hitting home for Sheila Bair, chairman of the FDIC -- one of the few regulators who saw trouble in the housing market before the bust.

http://online.wsj.com/article/SB124599042845859003.html#mod=djemRealEstate

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KB Home's loss narrowed on smaller charges as the company's orders again outpaced closings.

http://online.wsj.com/article/SB124601814615460253.html#mod=djemRealEstate

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California's median price for an existing single-family house rose for the third straight month, a sign that the state's real-estate market may be bottoming out.

http://online.wsj.com/article/SB124597490775357441.html#mod=djemRealEstate

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The EPA is preparing to roll out tougher rules to ensure the "Energy Star" logo represents robust environmental standards. But it has to walk a fine line, particularly during the recession. - Discuss: What's the best way to curb energy use in houses?

http://online.wsj.com/article/SB124596554638256383.html#mod=djemRealEstate

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Low interest rates and depressed real estate prices have affluent parents asking their financial advisers if buying their children a house could accomplish a one-two punch of moving assets out of their estate while snagging a good deal on property.

http://online.wsj.com/article/SB124593684182253513.html#mod=djemRealEstate

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A real estate investment group that owns the Sears Tower said it is pushing forward with plans to build a hotel next door to North America's tallest building, but released few details on financing.

http://online.wsj.com/article/SB124590101744051781.html#mod=djemRealEstate

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