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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?
According to reliable reports, home builder confidence slipped by a point compared to its expected reading and November reading. The current home builder confidence reading is 61. Despite the slip, it is worth noting than readings above 50 means that more builders are confident about the housing market conditions, and December's reading is still higher than the average reading of the year which is 59. Mortgage Term 'Escrow Deposit': What It Means And Where It Applies
Escrow is one word that you'll probably encounter many times during your home buying process. Several escrow types will come up during this time and you may get confused as to where your money will be placed if you use an escrow account. Here is a very quick summary of how escrow works and how it is applied to your home purchase transaction. Real Estate News: Commercial Real Estate and Economic Development (CREED) Act Passed in the Congress, Reinstates 504 Debt-Refinancing Program
The National Association of Development Companies (NADCO) has announced that the Commercial Real Estate and Economic Development (CREED) Act has been passed in the congress and will permanently reinstate the debt-financing element in the 504 loan program of the Small Business Association. 5 Celebs Who Are Budding Real Estate Tycoons
When you thought that being in Hollywood is just all about drama and tabloid scandals, think again. It might surprise you to know what some of the big (and not so big) stars are busy with when they are not under the spotlight. With their abundant fortunes, some of the celebrities have chosen to bring their riches to the real estate market, Trulia reports. Australia Real Estate News: California-Based Reading International Acquires Two Entertainment-Themed Retail Centers in Australia
The California-based Reading International has announced the acquisition of the Cannon Park City Centre and the Cannon Park Discount Centre in Townsville, Queensland, Australia for a total of $23.0 million. Australian Taxation Office Investigating 30 Years Worth of Real Estate Deals
The Australian Taxation Office (ATO) plans to probe 30 years of real estate deals announcing to pull details of all property transactions dating back to 1985, covering about 900 million records of 11.3 million individuals, Reb Online reports. Dublin's Property Prices Felt Biggest Monthly Drop In A Year
It was a sharp decline for residential property prices in Dublin for the year, as recorder last month at 1.3%, Irish Times reports. Goldman Sachs News: Investment Bank Now Uses Technology to Recruit Millennials, Recognizes Essence of Strong Social Media Presence
They have already expanded their employee search by allowing applicants to send their resumes online. Blockchain Could Change The Real Estate Industry
It has been a bad year for cryptocurrency bitcoin with investors losing sums of money from hacking attacks and scams. While it is unlikely to catch on as a mainstream mode of payment for the next year, blockchain which is the ledger like technology that bitcoin runs on is expected to be explode in the coming year of 2016, Benzinga reports. Vancouver's Top Real Estate Stories In 2015
Despite a rough year for Canada's economy with a drop in oil prices and a less-than-performing Canadian dollars, the country's real estate market has been awesome for the year 2015, The Georgia Straight Reports.