My Affordable Real Estate

Southport Green’s original asking prices proved too steep — and that was before bad times hit the world economy.After unsuccessful efforts to find a buyer for the whole development, the residences at Southport Green are once again on the market.

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Evelyn and Saul Kurzweil at a ballroom-dancing class at Sterling Glen of Roslyn, which like many similar communities has been affected by the weak housing market.Many potential residents of senior housing have been unable to move in because their houses won’t sell and their investment portfolios are down.

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Almost a dozen giant warehouses sit silent and empty in Phoenix, relics of the city’s dashed dream to become a national distribution hub.

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Some banks are starting to bypass foreclosure on large, troubled real-estate developments and instead are throwing the properties into receivership.

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A management company has sued a tenant for libel over a Twitter post complaining about a moldy apartment, according to court records and online reports.

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Developers battling banks to keep funding spigots open on construction projects are taking heart from Citgroup’s defeat in its court battle with a mall.

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The SEC sued four individuals for alleged fraud in connection with raising over $197 million from at least 900 investors nationwide in connection with a Phoenix-based commercial real-estate venture.

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Vornado plans to raise up to $600 million, in a key test of TALF’s ability to revive the market for commercial mortgage-backed securities.

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Mayor Michael R. Bloomberg’s plan includes high-rise hotels and apartments as well as the traditional freak shows, arcades and roller coasters.

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After a plunge lasting three years, houses have become cheap enough to lure buyers, raising hopes that the housing market has finally hit bottom.

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