Investing
Bill Ackman led Investor Group Buying Manhattan Duplex Penthouse for $90 Million
Empire State Building IPO Plan on the Verge of Shareholder Approval
Builder Confidence in New Single Family Homes Strengthens in May; NAHB Report
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?
Home sales in China dropped 13 percent in April when compared to the figures of a month ago due to the various housing curb measures imposed by the Chinese government. Builders Submit Bids for Seward Park Lot Development
Plans of improving the Seward Park Lot on the Lower East Side of New York City have received a fresh boost as many affluent developers have submitted their bids to develop the six acre parcel. The large lot has nine separate plots. Bids were solicited for one or more plots. Fannie Mae to Pay Back $59.4 Billion to US Treasury Department after Record Quarterly Profits
The Federal National Mortgage Association, popularly known as Fannie Mae will be paying back $59.4 billion to the U.S. Treasury as it reports record quarterly profits and hopes to capitalize on the loans it had received from the department during the housing crisis. Builder Confidence in 55+ Single Family Housing Market Rises in First Quarter of 2013: NAHB
The 55+ single family Housing Market Index (HMI) analyzed by the National Association of Home Builders (NAHB), rose to reach 46 points in the first quarter of 2013, making it the highest first quarter point recorded since the introduction of the measure in 2008. Number of Improving Property Markets in US Dips Slightly in May, NAHB Report
A recent report released by the National Association of Home Builders (NAHB) revealed that the number of improving property markets in the U.S. has dropped to 258 from the 273 recorded in April. EXIT Realty Launches National Investor Center: Report
EXIT Investor Center was launched Monday by EXIT Realty Corp. International on the company's website, according to a company press release. Update: Judge Clears Empire State Building IPO Obstacle
The controversial move of taking the historic Empire State Building, public has just crossed another hurdle after Justice O. Peter Sherwood; the New York State Supreme Court judge declared that a potential buy-out plan was completely legit on Wednesday, May 1. Update: Empire State Building IPO Battle Nearing Settlement
The much-talked about and controversial IPO of New York's Empire State Building’s court battle is all set to start on Monday, April 29 as a New York State Supreme Court judge; Justice O. Peter Sherwood may give his final verdict on a proposed IPO settlement deal. Report : US New Home Sales Rise 1.5 Percent in March
Sales of new homes in the U.S. spiked 1.5 percent in March at an annual seasonally adjusted rate of 417,000 homes. The reason for the tremendous growth has been attributed to record-low mortgage rates. Forecast: Existing Home Sales in US to Reach Record High
Sales of existing or previously occupied homes probably rose for the third straight month in March to reach the highest level since 2009. According to a survey conducted by Bloomberg on forecasts of a number of economists, it was revealed that Sales probably hit a record high in March since, November 2009, when home buyers rushed to take maximum advantage of a provisional tax credit.
