Categories: Foreign real estate

Hope Now Lenders Still Choosing Payment Plans Rather Than More Permanent Fixes

Posted by: Chris Palmeri on September 30

Hope Now, the consortium of banks, mortgage companies and credit counselors hoping to stem the housing crisis, released its August numbers. New foreclosure starts dropped by more than 25% to...

Global Real Estate: Boom to Bust to…?

Posted by: Prashant Gopal on August 05

Real estate is local, the saying goes. But the current cycle of booms and busts has not only been seen in communities around the nation, but in countries across the...

Tata's Nano Home: Company behind world's cheapest car to sell $7,800 apartments

Posted by: Prashant Gopal on May 07

Tata, the Indian company that made worldwide headlines with its $2,000 Nano car, now plans to build 1,000 tiny apartments outside Mumbai that will sell for $7,800 to $13,400 each....

Vancouver Winter Olympics in Trouble?

Posted by: Dean Foust on January 13

Talk about a real-estate deal gone bad. The city of Vancouver – which is the site of the 2010 Winter Olympics – wants to borrow roughly $370 million from British...

About

BusinessWeek editors Chris Palmeri, Prashant Gopal and Peter Coy chronicle the highs and lows of the housing and mortgage markets on their Hot Property blog. In print and online, the Hot Property team first wrote about the potential downside of lenders pushing riskier, "option ARM" mortgages and the rise in mortgage fraud back in 2005—well ahead of many other media outlets. In 2008, Hot Property bloggers finished #1 in a ranking of the world's top 100 "most powerful property people" by the British real estate website Global edge. Hot Property was named among the 25 most influential real estate blogs of 2007 by Inman News.

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