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Business :: Real Estate

What's Old Is New Again: Charlie Allen Renovations

REALESTATE | By Jill Gleeson | Friday Oct 31, 2014
Have you purchased an old-timer house dating back more than a century? While it may have plenty of charm, it's also likely in need of a thoughtful renovation to maximize its use for the 21st century. Fortunately, we've got just the solution.

Molten Lava Flow Closes in on Hawaiian Homes

REALESTATE | Oct 31
The lava flow is less than 100 yards from a home in Pahoa, on the Big Island of Hawaii, where the government is promising to help the dozens of people who will need to evacuate in the coming days. Mileka Lincoln of Hawaii affiliate KGMB reports.

Spooktacular! 3 Murderous Mansions for Sale

REALESTATE | By EDGE | Oct 28
Tales of grisly murders surround the old place and the hairs on the back of your neck stand up as the facade of the creepy old manse stares back at you. It's a small price to pay for three of the most luxurious properties in the world.

What Problems Could New Mortgage Regulations Bring?

REALESTATE | Oct 27
A series of proposed regulations are supposed to make it easier to qualify for a mortgage. But could that create a new set of old problems? CBS News business analyst Jill Schlesinger reports.

Rules on Bank Risk in Mortgage Bonds Being Adopted

REALESTATE | Oct 24
Federal regulators are proceeding with new rules that ease guidelines for banks selling mortgage securities and auto loans. This could mean fewer borrowers will need to make hefty down payments.

Rural Areas Seek Piece of Subprime-Loan Settlement

REALESTATE | By Hope Yen | Oct 24
Long seen as having devastated Sun Belt cities, the subprime mortgage crisis unleashed turmoil on Ohio and other rural areas. Now federal officials are pledging regulatory attention and financial help.

Top Mortgage Firm Accused of Abuses

REALESTATE | By Alex Veiga | Oct 23
One of the nation's largest servicers of home loans may have denied struggling borrowers the chance to fix loan problems and avoid foreclosures, New York's financial regulator has alleged.

New Rules Adopted in Hopes of Spurring Home Loans

REALESTATE | By Marcy Gordon | Oct 22
Buying a home may have gotten a little easier this week. With the financial crisis and subprime mortgage bust receding further into history, the government is loosening some financial rules.

Apartments Pushed Up US Homebuilding in September

REALESTATE | By Josh Boak | Oct 20
Construction firms broke ground on more apartment complexes in September, pushing up the pace of U.S. homebuilding.

America's Most Expensive Home

REALESTATE | By EDGE | Oct 16
Even in South Florida, $139 million is a lot of money for a mansion. That is the price tag on the most expensive home currently for sale in the United States. Le Palais Royal is now under construction.

San Francisco Lawmakers OK Airbnb Rentals

REALESTATE | Oct 9
San Francisco lawmakers have tentatively approved a measure that would allow city residents to rent out their homes to travelers on sites such as Airbnb.