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Federal Reserve Cuts Interest Rates by a Quarter Point Following Election, How Could It Affect Mortgage Rates?
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A Comprehensive Guide on Buying a Foreclosed Home
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Billionaire Investors Behind Rising Housing Costs, Homelessness in the US: Study
Foreign investors are now seeing the potential of India's real estate market that it is now among their preferred destinations in the Asia Pacific region, as shown in PricewaterhouseCoopers (PwC) India's report in an article by Live Mint. Jeremy Shockey Net Worth: Two-time Superbowl Champ Lists Miami Penthouse
If it wasn't for former NFL tight end Jeremey Shockey, the New York Giants as well as the New Orleans Saints wouldn't be waving their Lombardi Trophy around these days, and it seems that he is not only winning at the sport, but is also building a strong real estate portfolio. The American football player just listed his Miami Beach, Florida penthouse for $3 million. Real Estate News: Home Mortgage Rates Increase as U.S. Housing Crisis Recovers
The home mortgage rates increase slightly. The executive vice president of TransUnion, Steve Chaouki said it is an indication of housing crisis recovery. California Real Estate News: Ballot Measure Requiring Developers and City Officials to Follow City Planning Rule Supported by Majority of Los Angeles Residents, Coalition to Preserve LA Poll Shows
A recent poll by the Coalition to Preserve LA, a group of concerned citizens and voters, shows that 72 percent of the 557 respondents agrees to the ballot measure that requires developers and city officials to abide with the city's General Plan--which provides an overview of land use and traffic policies--to determine city approval of proposed real estate development projects. California Real Estate News: Berkshire Hathaway HomeServices Adds Ranch & Coast Real Estate to its Real Estate Brokerage Network
Ranch & Coast Real Estate is the newest addition to the real estate brokerage network of Berkshire Hathaway HomeServices, part of the HSF Affiliates LLC family of real estate brokerage franchise networks. International Real Estate News: London West End Got the Top Spot in CBRE’s List of Most Expensive Office Occupancy Rates
London's West End is considered to have the most expensive office occupancy rate in the world with US$273 per sq. ft. per year, while Hong Kong and Beijing garnered the four remaining spots in the Top 5, according to the CBRE's Global Prime Office Occupancy Cost Survey. Real Estate News: Majority of Homebuyers to Pursue Home Search Despite Possible Interest Rate Hike by US Federal Reserve, Zillow Says
The United States Federal Reserves are expected to increase interest this week after nine years, but despite the pending interest hike, majority of homebuyers searching for homes are still planning to buy within 2016. NY Real Estate and Property News: Homeless Rate will Increase Next Year, Projects Mayor de Blasio
Homeless people are seen to increase next year as projected by the de Blasio administration. The mayor’s Management Report predicts that there will be about 3,350 individuals who will sleep “on the streets, in parks, under highways, on subways, and in the public transportation stations in New York City.” Real Estate Business Update: Wells Fargo is Moving the Midtown Office to Hudson Yards, Already Signs Deal
A San Francisco-based Wells Fargo Bank is moving to a new home on the Far West Side of New York. It was confirmed Friday that Wells Fargo Securities has signed on to make 30 Hudson Yards their new home by 2020, thanks to a financial package worth $5 billion. Celebrity Real Estate: Jeremy Shockey, Two-Time Super Bowl Champ, is Selling Miami Penthouse
The Miami Beach home of Jeremy Shockey, a two-time super bowl champ who helped the New Orleans Saints and the New York Giants claim the Lombardi Trophy, is listed on the market for $3 million.