Saudi Arabia's newly declared $75 a barrel target price for oil aims to ensure crude export revenues can fund ambitious development plans in the kingdom. Saudi King Abdullah on Saturday said ....

Real estate used to be the ultimate all-weather asset class, with low correlation to volatile stocks and unexciting bonds. But in today's debt-starved market, property is not the safe haven it on....

President-elect Barack Obama has vowed to help middle-class U.S. homeowners facing foreclosure, but he has said little about how he will help low-income families made homeless by a worsening economy. ....

FEATURE-U.S. families brace for holidays without a home

A memento with Depression-era humor helps Kristin Bertrand keep perspective as her family braces for a Christmas holiday without their home. The small ceramic dish she keeps from her grandfather r....

Miami "Corner" measures Florida construction bust

At the height of Miami's condo construction boom, a stretch of South Dixie Highway south of the city was the place to be for a painter or drywaller looking for work or a contractor looking for wo....

Bargain-hunters trickle back to US housing market

If you believe the media hype, there are millions of homes for sale in America and not a buyer in sight. But one person's dead market is another's buying opportunity. In the Phoenix subu....

"Under water" mortgages are growing threat to U.S.

Long before she filed for bankruptcy, Ann Neukomm was "under water" -- she owed more on her mortgage than her house was worth -- a situation more and more Americans are finding themselves in....

Some migrants in Spain default and decamp

Rodolfo Jaramillo looks around his Madrid apartment at the stacked stereo system and a picture of parakeets on the wall, and shrugs. It's been three months since he paid a mortgage instalment and....

As house price woes hit France, could Paris resist?

Ewa Filipiak, an economist who's been apartment-hunting in Paris for six months, has decided now is not the time to buy. "It's a good time to wait and see -- I think chances are get....

"Uber-prime" real estate still hot in London

London's housing market may be cooling, but not when it comes to 10-bedroom mansions with designer interiors, indoor swimming pools and private gardens in the capital's most sought-after nei....

Unexpectedly, Las Vegas hit by U.S. downturn

Sue Garrett, in Las Vegas for a birthday party earlier this month, went to what she considers extraordinary lengths to hold down the cost of her trip. "We decided to sit through one of those ....

UK should define "prime" to help mortgage market

Britain should clearly define "prime" borrowers to help revive the moribund market for securities backed by home loans, a Schroders fund manager told Reuters. A government-sponsored report....

Prague property prices on the up

Feri Rating & Research AG, one of the leading European rating agencies for the valuation of investment markets and investment products, has given an ‘A’ rating to the Prague real estat....

Moscow living 1-1/2 times pricier than NY

Moscow is the world's priciest city for expatriate workers and is almost 1-1/2 times as expensive as New York, Shanghai, Amsterdam and Madrid, a report on relative living costs showed. Tokyo ro....

CYPRUS GOURMET

By Patrick Skinner “Be-suited captains and black--vested waiters confer and preen and carry on behind a stone counter, while diners occupy, on the other side, a narrow lane of tables. The un....

What’s Next for New York City Real Estate?

LOOKING back, 2007 was supposed to be the year that the "Find Real Estate listings and community news for New York City"  residential real estate market slowed down and began to look a ....