Real Estate
  • Mammoth Lakes, California to file for bankruptcy

    By Reuters

    SAN FRANCISCO (Reuters) - Mammoth Lakes, California, will file later on Tuesday for Chapter 9 bankruptcy protection from its creditors in U.S. Bankruptcy Court for the Eastern District of California...

  • Analysis: Stockton, California new paradigm for struggling cities

    Analysis: Stockton, California new paradigm for struggling cities

    By Hilary Russ, Reuters

    NEW YORK (Reuters) - Stockton, California, the largest city in the United States to ever file for bankruptcy, could create a new template for struggling cities and potentially lift the stigma that...

  • Housing Crisis: Anti-Foreclosure Laws May Backfire

    By TIM REID, Reuters

    State and federal laws enacted to protect homeowners from eviction in the wake of the 2008 housing crash may be extending the slump, according to a growing number of economists and industry experts.

  • Islands

    Buy Your Own Island: 6 Tips for Posh Purchases

    By Lou Carlozo, Reuters

    You may not have the $500-$600 million it probably cost the Oracle CEO, one of the world's richest men, to buy Hawaii's sixth-largest island, Lanai, recently. But call a friendly island broker and...

  • Stockton, California files for bankruptcy

    Stockton, California files for bankruptcy

    By Jim Christie, Reuters

    SAN FRANCISCO (Reuters) - Stockton, California, became the largest city to file for bankruptcy in U.S. history on Thursday after years of fiscal mismanagement and a housing market crash left it...