Oxford Properties, the real estate arm of a Canada-based investment firm, has reportedly agreed to purchase 450 Park Avenue, a 33-story tower in Manhattan for roughly $575 million.
Sales of existing homes in the United States fell 5.1 percent in January, hitting an 18-month-low due to cold weather and limited supply, according to The National Association of Realtors (NAR).
A new study by the Brookings Institute has revealed that the largest and the most popular cities of the United States have the most uneven wealth distribution and income inequality.
Freddie Mac, the government-backed lending giant, will reportedly pay cash incentives to home buyers and real estate agents in 23 target states, who sell or list a foreclosed home owned by the firm. The incentive will be given once the home sells, according to several news reports.
Google, the search engine giant, is reportedly leasing about 35,000 square feet of workspace in the Mission District of San Francisco in order to accommodate engineers who'd rather not move to its Silicon City headquarters.
China's real estate scenario has been grim for nearly a decade now, with the government trying to impose stringent property rules in an effort to prevent - or at least brace for - a market crash. As a result, Chinese investors have set their sights abroad, and in particular on the emerging real estate markets of the United States.
Pop star Rihanna won a multi-million dollar lawsuit against her former accountant, who allegedly was responsible for her near bankrupt situation in 2009 end. Her former law firm has now agreed for an out of court settlement and pay her $10 million.
The Consumer Financial Protection Bureau (CFPB) has reportedly launched a new, updated version of its online mortgage tool to help home hunters explore the Home Mortgage Disclosure Act (HMDA) with ease and give them information about credit availability and resources in their area.
According to a survey conducted by Realtor.com, majority of the people, looking for a house end up getting smitten by a property and fantasize about it. Their little crush would extend to taking a second, third or maybe even a fifth look at it, either in person or online.
Billionaire real estate investor Donald J. Trump is all set to acquire the sprawling, plush Doonberg Golf Club and five-star Doonberg Lodge in Ireland.
The rapid growth of the Student Lettings Market is predicted to continue in large volumes as more students travel away from their homes for better career opportunities. Owing to this many property owners having started investing in this market as it provides quicker and higher returns with low investments.
Another year has gone by. America’s economy is on the rebound and the housing market is mapping a steady growth as well. If all the mixed activity of 2013 has got you confused about if you should invest in the property market or not, here is your answer.