Asking prices for homes once occupied by Ponzi schemer Bernard Madoff in Manhattan's Upper East Side and in Palm Beach, Florida, have been cut, after about two months on the market.
Thursday, 8 Oct 2009 | Posted By:
Jeff Cox | Source: CNBC.com
Continued signs of stabilization in the market, from a reversal of falling home price to a tightening in credit spreads, have analysts optimistic about the builders' future. No wonder the sector is hot.
Stocks struggled to stay in positive territory for any length of time Tuesday as profit-taking after Monday's blockbuster rally overshadowed a fifth-straight rise in pending-home sales.
Tuesday, 2 Jun 2009 | Posted By:
Jeff Cox | Source: CNBC.com
After taking a beating for two years, real estate investment trusts are popular again with investors looking for bargains and a way to capitalize on an industry rebound.
Last night debt-laden Toys R Us thrust itself into the high-end toy business by purchasing struggling toy chain FAO Schwarz. The two toy chains are surviving thanks in part to the financial backing of three prominent private equity firms.