Finance & Mortgage
Home Equity is Back After 4-Year Leave
Freddie Mac Mishandling Homeowners Complaints, Audit Reveals
U.S. Home Sales at Three Year High, Up 0.8 Pct in February
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?
American Realty Capital Properties has reportedly offered to buy Cole Credit Property Trust Inc. for around $5.7 billion in an effort to create one of the largest public real estate investment trusts which will focus on leasing space to single tenants (net-lease sector). Farallon Capital Launches New Real Estate Fund Worth $400 Million
Farallon Capital Management LLC, a global investment firm is launching a new real estate fund seeking to raise up to $400 million. the company has set aside a separate fund exclusively for its asset class and hopes to pitch the fund to its existing investors to gain a 20 percent internal rate of return. China’s New Home Prices Continue to Rise, Posing Difficulties for Government
New Home prices in China have posted a large and continuous growth since December 2011. Prices increased by 2.1 percent in Feb, 2013 from a year earlier while posting a 1.1 percent increase from a month earlier. The continuing trend is posing a major challenge for the government to avoid an asset bubble. Empire State Building Gains Broad Support for IPO; Small Group of Investors Still Opposing
New York’s legendary Empire State Building is reportedly inching closer to its proposed IPO. Malkin Holdings LLC, the company that controls the building, declared that they have garnered three quarters of favorable votes from the building’s shareholders who have voted so far. However a small group of investors have been opposing the plan. U.S. Home Foreclosures Record Sharp Drop in February ; Foreclosure Starts Spike 10 percent
Home foreclosures in the U.S. witnessed a sharp drop in the month of February 2013, further pointing at the resurgent housing market. However, the number of foreclosure starts/initial filings were up 10 percent in February when compared to the rates of January. TPG Capital to Launch its First Real Estate Fund with $1 Billion Target
TPG Capital, one of the largest global private equity investment firms will be launching its first real estate investment fund with a target of at least $1 billion. The company expects to start raising capital for the fund by the second quarter of 2013. William and Kate Making Room For Baby? Royal Couple Improves New Home at Anmer Hall
The future home of the royal Duke and Duchess of Cambridge was recently permitted to have a variety of improvements made, reported The Daily Mail. James Franco Disturbing Neighbors From His Home-Based Production Company (PHOTOS)
James Franco's Silver Lake abode is now the new home for his "major production" company, reported The Daily Mail. Supermodel Cheryl Tiegs Lists $12 Million Balinese-inspired Estate (PHOTO)
You may recognize Cheryl Tiegs on the cover of three decades-old Sports Illustrated issues, and more recently on "Celebrity Apprentice" as the first contestant to be eliminated. Now she's on another mission to sell her prestigious $12 million Balinese-inspired estate. 5 American Cities with Cheap Home Prices
If you are looking to buy a home but are worried about the budget, here is your answer- buy distressed property. MarketWatch has compiled a list of cities where buying foreclosed or distressed properties are the cheapest.
