Finance & Mortgage
Seattle is Fifth Most Favorable U.S. City for Foreign Investments on Commercial Real estate
CapitaLand Commercial Trust Selling Singapore Office Building
2016 Housing Trends: More Millennials Will Become Homeowners
EDITOR'S PICKS
-
Fed Slashes Interest Rates, But Mortgage Rates Surge Up To 6.72% - Here's Why It's Happening
-
New Real Estate Platform Allows US Homebuyers To Check The Political Affiliations Of Their Neighbors For Free
-
NYC Bill Relieving Renters Of Broker Fees Passes Without Mayor's Signature. Real Estate Groups Are Suing To Stop It
-
Suspect In UnitedHealthcare CEO Killing Hails From Real Estate Family, Grew Up In This $800K Home
Recent trends in US real estate market show that more and more home buyers are using cash to pay for their property purchases. Will this trend continue this year? Financial Giant Blackstone Group Spends $10B on New York Real Estate
Financial giant Blackstone Group went on a massive shopping spree in 2015, spending a whopping $9.6 billion on New York real estate. The total made the private equity corporation the city's most aggressive property investor last year. Real Estate Tips: Can I Afford a Home in 2016?
Considering 2015's market conditions and interest rates, homebuyers may be able to afford a home in 2016 if they make a purchase early in the year. New York Real Estate: Manhattan Hotel Industry Suffers First Decline in 5 Years
The Manhattan hotel industry suffers first decline in 5 years. The said dip was caused by robust hotel development and investment in Manhattan; with more than 3,400 rooms added in the market last 2015 and a record hotel purchase of the $1.95 billion worth Waldorf Astoria by Anbang Insurance Group. Real Estate Tips: The Best States for Retirees in 2016
Retirees have a different way of defining "quality of life." They consider a range of factors that younger people usually don't including cost of goods and services, taxes, health care access and quality, crime rate and even the weather. Based on all these components, Bankrate evaluated all states in the US and came up with the best places for retirees to live in 2016. Global Real Estate: Slowing Chinese Investment in New Zealand Only Temporary
Chinese investment in New Zealand went down a notch since last October due to new buyer restrictions implemented by the Reserve Bank. The said slowdown is only temporary, according to a head of a company that facilitates the overseas property purchases of Chinese buyers. San Francisco Plans to Double-up On Requirements for Affordable Housing
A plan to require housing developers to provide twice the number of affordable units is set to be unveiled today. Average Long-term US Mortgage Rates Show Mixed Movement; 30-year Fixed-rate Mortgage Rate Down to 3.97 This Week
The key 30-year rate now below the 4 percent mark. While the cost of borrowing money are still below previous record average of 6 percent for a 30-year loan, the average rate on a 30-year fixed-rate mortgage has been modestly rising and falling in the previous weeks. Real Estate News: Miami Market Slows Down as Foreign Investors Take flight; More Condos Coming
The real estate market in Miami, Florida slows down as the foreign investors take flight. However, condominium development keeps coming. London Homeowners Must Protect Homes from the Arctic Freeze
Insurance warns homeowners many not be as fully covered as they think they are. The "big freeze" is impending as the nation is still trying to recover from December floods that brought havoc to so many homes amounting to over £1 billion.
