Wednesday, February 23, 2011

FW: Real Estate Update: Home Sales Rise as Prices Fall

Today's real estate update from the Wall Street Journal

 

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February 23, 2011 -- 11:00 a.m. EST


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Home Sales Rise as Prices Fall

Existing-home sales unexpectedly rose last month, though a drop in prices to their lowest level in nearly nine years suggests the housing market continues to search for a bottom.

 

 

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Home Prices Slide Despite Recovery

Home prices fell to new lows in 11 cities in December, the latest sign that the weak housing sector remains a soft spot in the U.S. economy.

 

 

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Home Retailers' Gains Risk Window Pain

Windows can be eyes into a company's soul—or at least its sales.

 

 

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Housing Needs a Good Spring in Its Step

The primary selling season is off to a sluggish start, and rising mortgage rates don't help.

 

 

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Hong Kong May Address Land Supply

Measures to cool Hong Kong's property market will be one of the main features of Financial Secretary John Tsang's budget speech Wednesday, with another increase in land supply over the next fiscal year likely.

 

 

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Private Islands in Italy Ask $263 Million

A group of three private islands off Italy's Amalfi coast and a nearby home once owned by Franco Zeffirelli are asking 195 million euros, or about $263 million.

 

 

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Homes for Equestrians

A horse is a horse of course, of course, and these are some houses he might enjoy.

 

 

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Desert Modernism (With Koi)

Built in 1959, this midcentury steel-and-wood modern house in Palm Springs, Calif., was designed by Zurich-born architect Albert Frey.

 

 

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A Home as Warm as the Conversation

Guests debate Kanye West over cosmos at this renovated Cambridge Victorian.

 

 

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Home Builders Find Georgia Peachy

Watching different regions recover from the housing bust is like betting on a horse race. There is a temptation to put money on a few long shots.

 


 


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