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U.S. Builder Confidence Drops for the Third Month in March
David Hasselhoff Joins Protesters to Save Berlin Wall Demolition (VIDEO)
Micro Apartments: A Growing Global Trend
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?
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. New York City Hosts its First Annual Real Estate Career Expo (VIDEO)
New York City hosted its first Annual Real Estate Career Expo on Thursday, March 14. Many top real estate firms and agents came under one roof to discuss and share valuable real estate information and advice to newcomers. 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. Construction on Istanbul’s International Financial Center Breaks Ground (PHOTOS)
Construction on the Istanbul International Financial Center (IIFC) has just broken ground. Located on a prime 170-acre land on the Asian side of the city, between Ataşehir and Ümraniye districts, the $2.6 billion mixed-use project is being developed by famous American architecture firm, HOK. Top 5 Metropolitan Cities Where Americans are Relocating
As the effects of the great global recession are slowly fading away, the Americans are relocating. Some are moving back to the cities which they had inhabited before the recession hit, while the others are moving to areas where the pastures are greener, in terms of jobs and cost of living. Here is a list of the top five U.S. metro cities where Americans have relocated in 2012. 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. Columbia Square in Hollywood to Finally Begin Construction
Construction on a mixed-use development project at Columbia Square on Sunset Boulevard, Hollywood is slated to start in the coming few months. The Columbia Square site was acquired by real estate firm, Kilroy Realty Corporation (KRC) for around $65 million in October 2012. The Most Expensive Listing Of Tennessee- Eagle’s Rest Farm Gets a further Price Chop (PHOTOS)
Tennessee’s most expensive listing; the Eagle’s Rest Farm has just received another price chop and is now asking $25.5 million. Located in Franklin, the estate was first listed in 2008 with an asking price of $33 million. 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. Starwood Hotels to Expand into Middle East and Africa by 2017
Starwood Hotels and Resorts Worldwide Inc. announced on Tuesday, March 12, that it will be opening 50 new hotels by 2017 in the regions of Middle East and Africa (MEA). The step comes as an effort to expand into the developing economies of the world.
