Buy & Sell
New Zealand Properties Owned by Non-citizens Gets New Tax Starting April 2016
New York's 'Downtown Abbey' on Market for $23.5M
China Real Estate Threatened By Overcapacity
EDITOR'S PICKS
Pro golfer Dustin "DJ" Johnson was so close to winning the 2015 U.S. Open, but despite narrowly missing the top spot, he is clinching victories in other aspects, like real estate. DJ is known for his prodigious driving ability, and he sure used it when he put his North Palm Beach, FL, home on the market and sold it for $3.83 million, Realtor reports. Trevor Cahill of Chicago Cubs Snags $2.75M Home in Paradise Valley
American professional baseball pitcher Trevor Cahill just re-signed with the Chicago Cubs for the 2016 season, but formerly played for Arizona Diamonbacks, and while he has bid goodbye to the team, he is leaving one foot in Arizona with his recent acquisition of a property in the area, Realtor reports. Real Estate News: AAMCO Franchise to Open New Store in Texas, Kansas, and North Carolina
The nation's leading transmission repair franchise AAMCO has announced that it has signed three new franchise agreements to open new single units in Raleigh, North Carolina; Wichita, Texas; and Dallas, Texas. Gencom Affiliates Partners with Private Equity Group to Complete the Sale of The Marriott Grand Cayman Beach Resort
Affiliates of Gencom, one of North America's leading luxury hospitality and residential/mixed-use real estate investment and development firms, has announced that through its partnership with Private Equity Group (PEG) the sale of the 295-room (including 22 suites) Marriott Grand Cayman Beach Resort to affiliates of London & Regional has been completed. Real Estate Investment News: Zoned Properties, Inc. Qualified to Trade on the OTCQX® Best Market
The operator of Open, Transparent and Connected financial markets OTC Markets Group Inc. has announced that the strategic real estate development firm Zoned Properties Inc. has qualified to join the trade on the OTCQX® Best Market. 2016 Tokyo Auto Salon Update: Subaru will Unveil 3 New STI Concept Vehicles
During the 2016 Tokyo Auto Salon which will take place on Jan. 15 to 17, Subaru will unveil three new concept vehicles which include the “STI Performance Concept”, “Levorg STI Concept” and “Subaru XV Hybrid STI Concept”. These three concept cars were developed by Subaru Technica International (STI), performance division of Subaru. Celebrity Real Estate: California Villa of Sylvester Stallone is Listed For Sale for $4.19M
Famous Hollywood actor Sylvester Stallone is trying to sell his villa in affluent La Quinta, California for $4.19 million. This Mediterranean-style home measures 5,173 square feet and has great features of four bedrooms, four full bathrooms and powder room. Celebrity Real Estate: The Mansion in Calabasas of Filipino Megastar Sharon Cuneta is Listed For Sale for $2.2M
Megastar Sharon Cuneta of the Philippines has listed on the market her megamansion in Calabasas, CA. The Calabasas mansion in Southern California of the famous Filipino singer, host, actress, and TV personality is up for sale for $2.2 million. The Ferrari California T Vehicles will be Recalled Due to Fuel Leak Risk Which can be a Potential Fire Hazard
It was announced by the National Highway Traffic Safety Administration (NHTSA) that the affected vehicles have a low pressure fuel line that may not properly connect to the fuel pump pipe which can result a potential leak and can become a fire hazard. Mortgage Trends Update, News, Reports: Previously Owned Homes Sales Dropped, New Homes Sales Rose
As per the National Association of Realtors, previously owned homes sales dropped to 4.76 million from October's seasonally adjusted rate of 5.32 million. The expected sales figure is 5.30 million, which makes the end result considerably low. Possible factors that led to this low results include pent up demand that are due to low inventories of for sale homes, alongside the issues regarding their affordability.
