Investing
Zillow to Acquire New York Based StreetEasy for $50 Million
More American Homes Sold through Complete Cash Transactions: Goldman Sachs Survey
Blackstone Buying Multifamily Residential Portfolio from General Electric for $2.7 Billion
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?
The commercial real estate market of the United Arab Emirates has been rebounding and showing great signs of recovery, according to a recent quarter survey by the Royal Institution of Chartered Surveyors (RICS). Due to increased foreign investment and interest in the sector, the region’s growth has accelerated commendably. NAHB Report: August Sees 247 Improving Markets in US
The First American Improving Markets Index (IMI) of the National Association of Home Builders (NAHB) released Thursday the list of improving housing markets in the U.S., which included 247 metropolitan areas. Brookfield Asset Management Raises $4.4 Billion for Real estate Fund Surpassing Target
Brookfield Asset Management Inc, the Canadian asset managing firm, has reportedly raise $4.4 billion for its global real estate fund. The amount is one of the largest raised since the financial crisis and has surpassed the $3.5 billion target, the company actually affixed, according to several media reports. US Home Sales Drop Unexpectedly in June; Remain at 3.5 Year High
Home sales in the U.S. witnessed a slight unexpected dip in the month of June as average mortgage rates climbed a little. However, the current figures of sales remain at a three and a half year high, according to the data released by the National Association of Realtors (NAR). Nature to the Rescue of U.S. Real Estate
For years now, man has been exploiting nature. Several reports on how man-made factors affect the environment surface every day. Nature has its own way of unleashing its wrath and letting off steam in the form of disasters and catastrophes. China Home Sales Rise 24 Per cent Despite Slow Growth
The total home sales in China rose 24 percent in June on a month on month basis, making it the biggest rise in the past year, according to Bloomberg. However, economic growth and real estate investment in the country slowed down slightly in the first half of the year which is expected to bog down the sales in the near future. BlackRock Selling Seattle Office Buildings Worth $70 Million
BlackRock Inc, a renowned asset management firm is selling away two of its major downtown Seattle office properties to a unit of Morgan Stanley for about $70 million. Fannie Mae Selling Mortgage Bonds Worth $1 Billion
U.S. Mortgage financier, Fannie Mae is reportedly planning to sell mortgage bonds worth $1 billion in an upcoming private auction slated to be held on Thursday, July 11. The lender will be selling these bonds without any involvement or backing from the government, according to several media reports. US Office Property Market Growth Slow; Vacancy Rate Stagnant
U.S. property market growth remained sluggish in the second quarter of 2013 with rents climbing little and vacancy rates remaining stagnant. The slow growth is attributed to the lack of improvement in the government employment sector of the country, according to several media reports. Vacancies in the US Retail Sector Lowest in 4 Years
Vacancies in the retail sector of the U.S. fell to its lowest in four years in the wake of a rebounding economy and commercial property market. Average vacancy rates fell to 10.5 percent, the lowest in more than the past three years, according to The Wall Street Journal.
