Topic: Real Estate

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One World Trade Center and the four other tallest buildings in America

The new One World Trade Center tower is taking over as New York City’s tallest from the Empire State Building. But it’s not the country’s tallest. Here are the five tallest buildings in the country.
How to sell a house? Five reasons to auction it.

In locales across the United States, home auctions are taking place with increasing frequency. Real estate companies are opening auction divisions; agents are attending auction school to learn how to sell a house in a new way. In its first six weeks of operation, our auction portal received more than 1,000 visits from across the US and 29 nations. Two-thirds of the visitors who completed our survey had not yet listed their home with a real estate agent, meaning they were thinking of auction as their first option. These homeowners aren't in foreclosure; they're simply looking into this alternative sales method to find out if auction is right for them. Here are five benefits of auctioning your home:
The Masters: 12 women candidates for Augusta National membership

The Augusta National Golf Club has steadfastly refused to alter its all-male membership. But circumstances may soon cause the gender barrier to break, and if it does there are several women who might be good fits for the club.
20 essential Android tips and tricks

Several weeks ago, we highlighted 20 useful iPhone tricks everyone should know. We got such good feedback from that feature that we wanted to share the love with Android users – who, after all, make up the largest proportion of the smart phone community.
Ludwig Mies van der Rohe: His five most famous buildings

Ludwig Mies van der Rohe revolutionized architecture. His simple dictum that 'less is more' inspired building designs around the world. No wonder he received a loving Google doodle on Tuesday, his 126 birthday. Want to move past the doodle? Click through our short slideshow for a look Ludwig Mies van der Rohe's best work.

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The Circle Bastiat
Huge mortgage debts keep the housing market tumbling

Experts have been calling for the bottom of the housing market each year since the crash, and prices continue to tumble. Why? In an overwhelming number of cases, homeowners owe more on their mortgages than their houses are actually worth.
Paper Economy
Mortgage rates tumble to record lows. Again.

The average rate for a 30-year fixed rate mortgage declined 2 basis points to 3.81 percent  since last week, the lowest value on on record for this MBA series, while the purchase application volume declined 0.6 percent, and the refinance application declined 1.5 percent over the same period.
Home prices hit post-boom lows: What does that mean for housing market?

Despite fresh optimism about the housing market, home prices in the Case-Shiller Index fell during the first quarter, suggesting that the market is still stabilizing.
Is Canada about to face US-style housing meltdown?

Skyrocketing home prices in Canada, particularly in cities like Toronto, are fueling concerns that Canadians are overspending as they assume – as the US did – that real estate prices can only go up.
Paper Economy
S&P/Case-Shiller: Home prices decrease

Case-Shiller's Composite-10 price index declined 0.09 percent since February, while the Composite-20 index declined 0.03 percent over the same period resulting in its lowest level since early 2003.
Stock market opens higher on hope for China

Stock market opened higher Tuesday amid optimism that China will take action to reverse the recent slowdown in its economic growth. Rising home prices also gave the stock market a boost.
Mortgage rates fall to new records

Mortgage rates for 30-year loan now stand at 3.78 percent. Fixed mortgage rates for 15-year loans are unchanged at 3.04 percent, a record low.
Paper Economy
Home prices increase

In March, home prices increased 1.78 percent since February, rising 2.69 percent above the level seen in March 2011.
Paper Economy
Mortgage rates slide to record lows

Mortgage rates continue to drop well below 4 percent. The average rate for a 30 year fixed rate mortgage declined 2 basis points to 3.83 percent since last week, the lowest value on on record for this MBA series. The purchase application volume declined 3.0 percent and the refinance application increased 5.6 percent over the same period.
Stocks mixed after Greek worries resurface

After gaining for most of the day, the Dow only finished up 2 points at 12503 Tuesday, as news out of Greece yanked indexes lower shortly before the closing bell.
Paper Economy
Existing home sales on the rise

Single family home sales also improved rising 3.0 percent from March and 9.9 percent above the level seen in April 2011 while the median selling price increased 10.4 percent above the level seen in April 2011.
Overcrowded prisons: what to do?

A Christian Science perspective.
As its banking woes mount, Spain ponders where to go from here

Its banks struggling, Spain has moved closer to needing a bailout. But some argue the takeover of Bankia and other measures could mark the beginning of movement toward greater stability.
Paper Economy
Fannie Mae: delinquent loans dropping

Total serious single family delinquency declined slightly in March, but remained at distressed levels.
Mitt Romney would be the wealthiest president ever, Forbes calculates

Forbes Magazine analyzed Mitt Romney's wealth, including investments, real estate, and cash. It found $230 million in assets, while the total for the Obamas is nearly $6 million.
The New Economy
Foreclosures down, short sales up. Are banks getting smart?

Foreclosures are down to their lowest levels in nearly five years. One reason: Lenders are increasingly using short sales, instead.
Paper Economy
Mortgage rates inch down to 3.91 percent

The average rate for a 30 year fixed rate mortgage declined 1 basis point to 3.91 percent since last week while the purchase application volume increased 3.4 percent and the refinance application increased 1.3 percent over the same period.
Paper Economy
Radar logic: Housing prices are dropping

As of early March, prices have declined 2.71 percent  below the level seen in March 2011.
Paper Economy
Hong Kong bubble? Housing prices rise.

In February, the price of residential properties  in Hong Kong increased a notable 2.05 percent since January and climbed 5.96 percent above the level seen in February 2011.
In Gear
Would you pay $849,000 to park your car in a garage?

In London, you can. A London real estate agency is offering city-dwellers a two-car garage for £525,000.
Paper Economy
Mortgage rates stay under four percent

The average rate for a 30 year fixed rate mortgage  went unchanged at 3.92 percent since last week, while the purchase application volume increased 2.9 percent and the refinance application declined 0.7 percent over the same period.
One World Trade Center and the four other tallest buildings in America

The new One World Trade Center tower is taking over as New York City’s tallest from the Empire State Building. But it’s not the country’s tallest. Here are the five tallest buildings in the country.
Paper Economy
Pending home sales rise 4.1 percent in March

Pending home sales improved notably in March with the seasonally adjusted national index climbing 4.1% since February and increasing 12.8% above the level seen in March 2011. 
Paper Economy
30-year mortgage rates fall to 3.92 percent

The average rate for a 30 year fixed rate mortgage (from FHA and conforming GSE data) declined 2 basis points to 3.92 percent since last week while the purchase application volume increased 2.7 percent  and the refinance application declined 5.6 percent over the same period.
Saving Money
Buying a home? Avoid these five mistakes.

Houses are more affordable then they've been in decades, and interest rates are low. But a home can turn into a bad buy if you make one of these crucial mistakes.