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Average Manhattan Apartment Sale Price Down 16 Percent in Q1
ZeekRewards Scam: N.C. Town Dream Turned Nightmare
New Office and Residential Tower Planned in San Francisco
The San Francisco Housing Authority, which is responsible for providing homes for 41,500 low-income residents, is projected to run out of cash in two months and have a deficit of $6.4 million by the end of its fiscal year in September, according to reports. Section 8 Housing Does Not De-Value Neighborhood, Increase Crime: Study Says
Communities where some renters use housing choice vouchers, or Section 8 vouchers as they're more commonly known as, have worried fellow residents that it may result in a crime spurt and drop the property values. However, a new study debunks that myth. Housing Market Recovery: What's Different This Time?
Housing market recovery is more than an optimistic dream now; it’s a reality with tangible components. Existing home sales increased for the 20th consecutive month and existing home prices have beaten last year levels for the 12th consecutive month, as well. Update: Cole Credit to Consider American Realty’s $6.7 Billion Buying Bid; Shareholders Request Blocking Internal Merger
The Buyout bid of American Realty Capital Properties to take over Cole Credit Property Trust is now seeing some improvements. Cole Credit will be considering the increased and improved takeover offer worth $6.7 billion.Additionally, shareholders of Cole Credit have filed a lawsuit against the company seeking to block the Cole Holdings internal Merger. Fixed-Rate Mortgages on New Rising Spree
While remaining close to its historic lows, the average rate on fixed mortgages increased this week, Freddie Mac announced Thursday. Update: American Realty Increases Buying Bid for Cole Credit
American Realty Capital Properties has increased its bid to buy Cole Credit Properties to $6.7 billion from its initial $5.7 billion offer. The new amount adds up to around $9.7 billion, inclusive of debts. "Another Housing Bubble?" Home Price Spike Fuels Analysts' Concern
As the housing prices continue their skyrocketing, with recent numbers showing it at a 5-year high, analysts are beginning to wonder: “Is this another real estate bubble?” Lenders Lowering Standards for Credit Concession, Study
According to an analytical study, lenders seem to be lowering the standards when it comes to credit concession. Low Housing Inventory Renders Pending Home Sales Flat
Data from the National Association of Realtors reveals that new contracts signed for homes remained flat in February – a indicator that the market is picking up competitiveness. Chinese Real Estate Investors Continue to Invest Outside the Country
Shanghai-based Greenland Group is building a residential and hotel development in Sydney while another Chinese developer, China Vanke, is building a project in San Francisco, as the country's real estate investors continue to invest heavily outside of China, according to the Wall Street Journal.
