Investing
US Office Property Market Growth Slow; Vacancy Rate Stagnant
Vacancies in the US Retail Sector Lowest in 4 Years
The Effects of Government Curbs on Hong Kong’s Real Estate Market
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?
In a recent survey conducted by real estate website, Zoopla it was revealed that Kensington Palace Garden is the most expensive street in Britain. The average property price on the street is something around $46.9 million; about 156 times more than the value of an average home in the country. Crown Estate Annouces Record Profit; Portfolio Value Goes up to $12.3 Billion
The Crown Estate, a property portfolio owned by the Queen of England has reported record profits for the year ended March 31. Its portfolio value went up 7.2 percent to reach $12.3 billion, according to several media reports. Hines Teaming Up with Asian Investors to Finance Manhattan Luxury Tower Project
Hines, the famous commercial property developer is reportedly in talks with a group of Asian banks and a Singaporean real estate firm to develop a luxury high-rise project in central Manhattan, New York. Thomson Reuters Launches Two New Investable Real Estate Indices in Asia Pacific Region
Thomson Reuters, a leading business intelligence firm has teamed up with Global Property Research (GPR) and Asia Pacific Real Estate Association (APREA) to launch two new investable real estate indices that are a part of its larger composite family launched in January 2013. US Mortgage Rates Fall After Two-Month Increase
Mortgage rates in the U.S. fell slightly after inching up for the past two months. However, experts believe that the fall is only brief and rates will surge depending upon the Federal Reserve’s decision to cut down its bond purchasing scheme, according to several media reports. US Home Mortgage Rates Up Slightly
The average rate for a 30-year fixed rate mortgage climbed to 4.01 percent, while the number of applications for purchases dropped by 3 percent, according to the Mortgage Bankers Association (MBA) which publishes the results of a weekly applications survey on Thursday. Donald Trump Announces Luxury Hotel-Condo Tower Project Worth $350 Million (VIDEO)
Donald Trump, the famous property mogul has announced his latest conquest. Trump has reportedly formed a partnership deal with Malaysian and Canadian developers to build a 65-story Trump Tower in Vancouver, Canada worth $350 million, according to several media reports. Speculation on Fannie Mae and Freddie Mac’s Future Continues
The American administration has been speculating the future of two famous government-backed mortgage lenders, Fannie Mae and Freddie Mac since 2011. Though the pace at which decisions about the two entities are being made is slow, the government is diligently working on various proposals to determine a new future for the now-profitable lending giants. Weyerhaeuser Buying Longview Timber for $2.6 Billion
In what might be called the third-largest forestry acquisition of North America, Weyerhaeuser Co., a U.S based real estate investment trust that owns timberland is buying Longview Timber LLC, a forestry industry leader for $2.6 billion. The former will be acquiring the latter fully, including debt, according to various media reports. US Home Foreclosures Up 11 Percent in May
Foreclosure activity in the U.S. hiked to reach 11 percent in May, up 2 percent from the figures of April but still down 29 percent from the figures recorded a year ago, according to the data released by real estate intelligence firm, RealtyTrac.com.