Finance & Mortgage
Real Estate News: Nearly Half Of Renters In The US Are Unable To Meet Monthly Rental Payments
Asian Institutional Funds To Channel $240B Into Global Property Market By 2020
Australia's Apartment Boom Could Result To 'Rising Vacancy And Reduced Rents' In Melbourne, Brisbane
EDITOR'S PICKS
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Gov. Gavin Newsom Expedites Temporary Housing For Residents In Areas Struck By LA Wildfires
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Pasadena Native Lost Her House To LA Wildfires One Day After Paying Off Her Mortgage: 'It's Gone'
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How The Mircale Malibu Mansion And Pacific Palisades Home Survived The Devastating LA Fires
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What Happens To Your Mortgage And Property Tax When You Lose Your Home In A Natural Disaster?
The Cabinet has recently cleared a Bill which, if enacted, would encourage real estate developers to rely on joint ventures with land owners since there will be less surplus cash available to buy land, according to India Ratings and Research (Ind-Ra) in a report by Ravi Teja Sharma on the Economic Times. Foreign Real Estate Investors Unfazed By Strong US Dollar
There is no stopping foreign investments from coming in the US real estate market even if the dollar is proving to remain strong, says real estate expert, in a report by Gregg Greenberg on The Street. Mortgage Market Update: Job Openings Went Down, Retail Sales Increase, Jobless Claims Increase
US Labor Department reports that job openings went down by 2.7% in October, leading to a 5.38 million reading. The percentage figure is in comparison to September's results that lead to a 5.5 million job reading and the all time high results of July's reading which is 5.67 million. The October reading is actually the third highest since 2009 when the recession ended. Analysts report that the gap between the job skills applicants bring in and the job skills employers seeks for do affect the entire hiring process. However, the fewer job openings can also mean that the said gap is already closing. Exclusive Real Estate Update: LaGuardia Airport, Home of the Homeless Squatters
The number of homeless squatters living at LaGuardia Airport has increased in the past year, turning the place into a flophouse, where they sleep, eat and wash up, while competing with the passengers for space, according to Port Authority sources. Celebrity Real Estate: James Rothschild and Nicky Hilton Shop for Village Pad
Nicky Hilton Rothschild tweeted Tuesday “Great minds think alike!” in response to photos of her and Dee Ocleppo (Tommy Hilfiger’s wife), showing up in the same ‘60s-style powder blue Valentino statement gown earlier this week at an event in the Lincoln Center. Celebrity Real Estate: Brookfield Place 'Too Old' for Chef Rubuchon, Bails from Its Lease
Brookfield Property Group signed a new Saks Fifth Avenue men’s store overlooking Battery Park City’s Marina – where Chef Rubuchon walked away from a lease that was signed more than a year earlier. Real Estate News: New Study Suggests That Higher Home Prices Are Good For Minorities
A new study conducted by the two economists of Federal Trade Commission (FTC) and published this December, suggested that higher prices are good news for minorities since it loosen up the tight standards in lending. New York Real Estate: Jehovah's Witnesses Are Selling Their NYC Watchtower Headquarters; Religious Group Expected to Gain More Than $1Billion
The Jehovah's Witnesses will be moving out of the New York City area and are selling their Watchtower headquarters located in Brooklyn. The religious organization is expected to raise more than $1billion from the sale. Real Estate News: Flooding Threatens Florida Keys' Property Value Despite Boom
Since extreme floods started last September, the island chain famous for snorkeling and fishing has been transformed into a "sewer." Homeowners can now go snorkeling and fishing right on the streets now that they have been turned into canal-like swamps. Real Estate News: Chinese Property Buyers Expand Reach When It Comes To Investing In US Real Estate
Chinese buyers make a large percentage of the buying market especially in affluent cities in the US. Could this affect the real estate market in these lucrative cities and the entire market in general?
