Finance & Mortgage
Number of Improving Housing Markets Remains Unchanged in April, NAHB Report
U.S. Apartment Rent Prices Rise Moderately As Construction Picks Up
Whirlpool Stock Up Following Housing Market Improvements
EDITOR'S PICKS
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Developers Apologize After Accidentially Demolishing House Where AC/DC Got Together
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US Housing Affordability Unlikely To Improve Until Prices Fall 40%, Wages Increase 70%: Expert
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Meghan Markle And Prince Harry's Montecito Mansion Now Valued At $29M
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US Housing Supply Hit Four-Year High - But Only Because Homes Are Failing To Find Buyers
Foreclosure activity in Massachusetts decreased in February, largely due to improving economic conditions along with a revitalized real estate market, according to the latest report from the Warren Group released Tuesday. Increasing Retail Rents in Hong Kong Wiping out Small Businesses from Major Commercial Districts
Small-scale retailers and business owners are being pushed out of the market in Causeway Bay and other shopping districts of Hong Kong due to the sharp increase in rents. With a large number of bigger market players flooding the areas, mom and pop stores and ground level retailers are suffering, because landlords are hiking rents up by almost 50 to 70 percent. Blackstone Group LP Real Estate Arm Acquires Half of Multi Corp’s Debts
Blackstone Group LP’s real estate arm has reportedly taken over almost half of the Netherlands-based mall developer Multi Corp’s debts. The firm has also gained control over one of the latter’s malls in the U.K. South Korea Announces New Plans to Revive Property Market
South Korea announced new plans on Monday to revive its property market which will include offering tax breaks to home buyers and cut borrowing costs. China Home Prices Accelerate in March on Government Imposed Property Curbs; Beijing and Shanghai Step Up to Cool Market
Average home prices in major Chinese cities accelerated commendably in March, after the government urged local administrations to tighten rules to cool the hot real estate market. Following the rush, Shanghai and Beijing increased restrictions on property transactions. Housing Market Recovery: What's Different This Time?
Housing market recovery is more than an optimistic dream now; it’s a reality with tangible components. Existing home sales increased for the 20th consecutive month and existing home prices have beaten last year levels for the 12th consecutive month, as well. Fixed-Rate Mortgages on New Rising Spree
While remaining close to its historic lows, the average rate on fixed mortgages increased this week, Freddie Mac announced Thursday. Update: American Realty Increases Buying Bid for Cole Credit
American Realty Capital Properties has increased its bid to buy Cole Credit Properties to $6.7 billion from its initial $5.7 billion offer. The new amount adds up to around $9.7 billion, inclusive of debts. "Another Housing Bubble?" Home Price Spike Fuels Analysts' Concern
As the housing prices continue their skyrocketing, with recent numbers showing it at a 5-year high, analysts are beginning to wonder: “Is this another real estate bubble?” Housing Recovery Triggers Existing Home Sales Price Spike
Existing home sales spiked to a 3-year high, carrying along an increase in home prices nationwide, the National Association of Realtors announced, yet another confirmation that housing is following the economy overall recovery.
