Monday, 25 November 2024

Investing

Real Estate News: The Number of Housing Starts in November Brings Cheer to the Holiday Season Tune

The housing industry is cheering to the holiday tune as the new building permits and housing starts have been glowing in November. According to chief economist Jonathan Smoke, the number of housing starts in November was beyond expectations.

Celebrity Real Estate: Dave Dombrowski, the New Red Sox President, Buys a $3.95M Brookline Home

Dave Dombrowski, the new Red Sox president, has recently purchased a home worth $3.95 million in Brookline, MA, near Fenway Park. Dombrowski’s six-bedroom home sits on a half-acre, is in close proximity to civilizations but still feels like a retreat, listing agent Merlin Rosenblatt of Longwood Residential says.

Celebrity Real Estate: Monica Seles, Tennis Hall of Famer, is Selling Her Sarasota Home

The 5,871-square-foot mansion of Monica Seles, winner of nine Grand Slam singles titles, has initially listed it in 2014 for $1.85 million. Since then, it has went on and off the market.

EDITOR'S PICKS

Real Estate Predictions 2016: US Real Estate Predicted To Attract Foreign Investors In Months Ahead

Buckle up, real estate agents! 2016 is going to be a good year in the industry. The US real estate is forecasted to attract more foreign investors in the months ahead due to a recent increase in the Federal Reserve's rates.
By Staff Reporter
US Real Estate News: December Brings In More Closed Deals

December is indeed a merry month, especially for real estate agents. According to a study conducted by Realtor.com, there was a jump in real estate activity during the second week of December. The study showed a 10% rise in signed contracts from the previous week, followed by a 5% bump in closings.
By Staff Reporter
Hiton Shares Jump 5.2% After Real Estate Investment Trust Spin Off Plans

Spinning off properties into Real Estate Investment Trusts (REIT) has become a common move among restaurant, retail and casino companies seeking tax benefits offered to property trusts. Among the companies that has recently been reported to be spinning off their properties is hotel magnate Hilton Worldwide Holdings Inc. which shares jumped 5.2% after the REIT spin off was revealed.
By Staff Reporter
Real Estate News: Real Estate Deals Rise in December During Holidays

Commissions for closing a deal could go as high as six-digits. So, there is no time nor chance to waste.
By Staff Reporter
New Zealand Real Estate Agencies Accused of Price Fixing

The property market in New Zealand is current drenched in controversy as accusations of price-fixing is being reported.
By Staff Reporter
Real Estate News: American Real Estate Market Could Attract More Foreign Investors

The U.S. is still one of the attractive markets for foreign investments such as real estate in the coming months.
By Staff Reporter
Closing Costs Are Down: What Else You Can Do To Take Advantage Of This And Save Cash

Mortgage closing costs may have gone down over the recent years, which means good news for new buyers. As great news as this is, there are still ways to maximize the advantages you get from these low fees. Here are some ways for you to be able to pay less closing costs than other buyers would:
By Staff Reporter
Real Estate News: Chambers Street Properties Merges with Gramercy Property Trust, Inc.

Chambers Street Properties has merged with Gramercy Property Trust, Inc., creating the largest industrial and office net lease real estate investment trust, with an enterprise value of approximately $5.8 billion.
By Staff Reporter
Principal Global Investors’ “The Put and The Pendulum” Outlines 2016 Global Economic Trends

Principal Global Investors has released their "The Put and The Pendulum," a 2016 Economic Outlook, which was written by their very own global chief economist, Bob Baur.
By Staff Reporter
Telstra Sells $100 Million Prime Site In Melbourne

Earlier this year, Telstra, Australia's largest telecommunications and media company, took their ambitious plan of developing an $800 million-plus tower on their 4,000-square-meter prime development site in central Melbourne off the table, and has recently expressed plans of selling it instead for $100 million, Nick Lenaghan and David Ramli of Financial Review reports.
By Staff Reporter