Real Estate | featured news

Two large Philadelphia daily newspapers hope to emerge from bankruptcy debt-free by paying creditors $37 million in cash plus real estate to settle nearly $400 million in debt.

Philadelphia Newspapers filed its reorganization plan Thursday, six months after filing for Chapter 11 bankruptcy.
The plan gives creditors the iconic downtown building that houses The Philadelphia Inquirer and Philadelphia Daily News.

Sales of previously owned U.S. homes in July notched their fastest pace in nearly two years, an industry survey showed on Friday, the strongest sign yet that housing was pulling out of a three-year slump.

When his marriage collapsed alongside the real-estate market, Jon Pieja found himself trapped in a house with his ex...

AP - Morgan Stanley said Wednesday it lost more than $1.2 billion in the second quarter as it took charges to cover continuing losses in its real estate investments and its repayment of government bailout money.

The three most important things in real estate: location, location, location.

A real estate agent said a resident of Boston's upscale Back Bay section plunked down $300,000 to own what is believed to be the priciest parking space in the city's history.

Brace yourself -- there's actually some good news about the economy.

A realtors' index for pending sales of previously owned homes increased a third month in a row, rising 6.7% in April from March and up 3.2% from a year earlier.

A deal maker at Lehman pioneered ways to package debt which brought huge profits but set off the bank’s collapse.

Since 1974, Americans have had the ability to use IRA assets to buy investment property. Yet the means to do that -- called a self-directed IRA -- remains one of the least known and unheralded investment vehicles in the vast financial marketplace.