Finance & Mortgage
Increasing Retail Rents in Hong Kong Wiping out Small Businesses from Major Commercial Districts
Blackstone Group LP Real Estate Arm Acquires Half of Multi Corp’s Debts
South Korea Announces New Plans to Revive Property Market
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?
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. Lenders Lowering Standards for Credit Concession, Study
According to an analytical study, lenders seem to be lowering the standards when it comes to credit concession. Low Housing Inventory Renders Pending Home Sales Flat
Data from the National Association of Realtors reveals that new contracts signed for homes remained flat in February – a indicator that the market is picking up competitiveness. Chinese Real Estate Investors Continue to Invest Outside the Country
Shanghai-based Greenland Group is building a residential and hotel development in Sydney while another Chinese developer, China Vanke, is building a project in San Francisco, as the country's real estate investors continue to invest heavily outside of China, according to the Wall Street Journal. Mortgage Lending Capacity Lag Slows Housing Recovery
Though things are certainly improving, the housing market is not out of the woods quite yet. And the fact that there aren't enough homes to buy is not everything.
