Posts with tag wall street journal

Buying a Home Like It's 1999

Buying a home has become a confusing process over the last couple years, but lately the biggest purchase decision of your life has become simpler. Due to sharp home price drops, home affordability is in a great place. David Schepp of our sister site, DailyFinance.com, explains why now may be a great time to buy. The drop... Continue Reading »

Real Estate Columnist Is Mixed Up About Rising Mortgage Rates

Wall Street Journal reporter Kelly Evans deserves much praise for her sometimes insightful "Ahead of the Tape" column. But in the case of her entry today, titled "The Good News About Rising Mortgage Rates," her logic and conclusion are dead wrong. Evans claims that "one reason buyers have remained hesitant [about buying a... Continue Reading »

New York Butler's $8.4 Million Inheritance Includes 2 Dakota Apartments

Last week, a butler wrestled a rooftop farm in Queens for media dominance and won. That butler was Indra Tamang, the Nepalese man who served actress Ruth Ford for 30 years, and who upon Ford's death inherited approximately $8.4 million worth of her estate: including a collection of Russian surrealist art.and two cushy... Continue Reading »

Private Islands and Yachts: Luxe Away From Home

Calling all Russian (and other) oligarchs and hedge fund types: if you already have a slew of residences around the world, how about something completely different that will make you the envy of other wealthy types? We're talking about your own private island or a yacht marketed as a man-made floating island. Ah, there's... Continue Reading »

Showdown for Fannie & Freddie

The epic drama of Wall Street bailouts and Main Street foreclosures riveted the nation in 2009. Meanwhile, financial industry groups and Washington policy advocates have been prepping for the big story of 2010: The fight over the future of Fannie Mae and Freddie Mac -- and with them, the fate of the 30-year, fixed rate... Continue Reading »

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