Real Estate News

Freddie Mac was forced to offer unusually rich terms in a $3 billion auction of its debt, fueling concerns about a possible bailout for the mortgage giant and its sibling, Fannie Mae.

A venture headed by LandCap is buying $40 million in troubled land and construction loans from Wachovia.

The specter of job losses is beginning to take a toll on apartment buildings as would-be renters are doubling up in apartments or moving in with friends and families.

Home Depot's profit fell 24% on lower sales as the home-improvement retailer struggled to sell big-ticket items. (Home Depot conference-call transcript)

Alliance & Leicester, a British bank, sold about $745.7 million of high-quality bonds backed by home loans this week in a rare sign of life in the market for mortgage securities.

Donald Trump is negotiating a deal that would allow Ed McMahon to avert foreclosure and remain in his Beverly Hills, Calif., home.

When it comes to housing, it's a buyer's market -- especially for first-time home buyers eligible for new tax breaks.

Hong Kong's former top housing official Leung Chin-man stepped down as executive director and vice chairman of New World China, as the firm acknowledged that accusations of a conflict of interest had taken a political toll.

Japan has seen a raft of property developers go to the wall this year as banks have refused to refinance their loans. Analysts say the bankruptcy filings are likely to set off a vicious cycle that will weigh on the sector's shares in the coming months.

Ultramodern skyscrapers, new stadiums and a 610-meter-high television and sightseeing structure are in the works in Guangzhou, China's manufacturing hub, as it prepares to host the Asian Games in 2010.

The fate of a proposed $2.1 billion expansion of the Mall of America depends on how much money the City Council and the Port Authority of Bloomington, Minn., are willing to put up for infrastructure.