On the New York Times' Economix blog, Harvard economics professor Edward Glaeser points out that home values don't necessarily increase. Like stocks, Houses are assets, too, but it’s a mistake...
Apropos of one of my colleagues' posts yesterday on the future of retail, now comes news that mall giant General Growth Properties (GGP) has filed for bankruptcy protection. The company's...
The most iconic building on the Boston skyline, the John Hancock Tower designed by I.M. Pei, sold at auction yesterday for $661 million to bargain hunting investors Normandy Real Estate...
Have we reached the bottom? Today's lead story on BusinessWeek.com focuses on the stock market rally: equities are up 20% since the low. But what about real estate, which dragged...
I don't have to tell you that 2009 has been a horrible year for real estate investment trusts -- and we're only in mid-March. The SPDR Dow Jones Wilshire REIT...
The Federal National Mortgage Association (FNM), nicknamed Fannie Mae, was a depression-era institution created to make homeownership affordable for the working-class. Freddie Mac (FRE) was created in 1970 to provide...
The stock market reacted strongly to new numbers on existing home sales on Feb. 25. That reaction caught my attention, because it seemed bizarrely out of proportion to some flimsy,...
The fate of the U.S. real estate market is crucial for the direction of the economy next year, and every week seems to bring some new sign of the pain...
Front-page story in today's Boston Globe: Housing Prices Put at or Near Low Amount of further drop expected for Boston area real estate by August 2007, according to the Chicago...
Bloomberg Businessweek’s Ben Steverman focuses on the latest moves in financial markets and emerging trends in stocks, bonds, and funds, always with an eye toward giving readers a better understanding of the sometimes confusing and often chaotic world of money. Standard & Poor’s senior index analyst Howard Silverblatt will also provide his take on companies’ finances and the markets. Voted one of the “Top 100 Finance Blogs” in 2007.