Investing

Bank of America Has Released its Income Report for the Third Quarter

Bank of America has released their income report for the year's third quarter. The report indicated an "originated $13.7 billion of first-mortgage loans and $3.1 billion of home equity loans."

Germany's Biggest Residential Real Estate Company Offers to Acquire Its Competitor

Vonovia, Germany's biggest residential real estate company, has expressed its desire of acquiring its rival, Deutsche Wohnen, for almost $16 billion which includes the company's cash, shares and even debts.

U.S. Secondary and Tertiary Cities Are Now the Hot Spot for Real Estate Investment

More and more real estate investors are starting to turn away from "Gateway" cities such as New York, Washington, D.C. and Chicago. They are now picking up interest in secondary and tertiary cities like Austin, Charlotte and Nashville.
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