News
Sequestration Could Severely Impact Recovering Housing Market
House Beautiful Magazine’s Chair Dropping Spree to Take off in March (VIDEO)
Jay DeMarcus Selling Nashville Home for $1.5 Million
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?
Mischa Barton of “The O.C” fame has decided to offer her Beverly Hills home for rent for a monthly charge of $35,000. When constant efforts of selling the home didn’t pay off, Barton decided to make it a source of income and offer it out for rent. Bob Hope’s Palm Springs Home Asking for $50 Million
The former Palm Springs residence of late actor/comedian/producer, Bob Hope has hit the listing market with an asking price of $50 million. In November 2012, it was rumored that the home was put up for sale for $45 million. Designed by starchitect James Lautner the home was completed in 1980 and was built to look like a volcano. Singapore Raising Taxes for Luxury Homeowners
The Finance minister of Singapore, Tharman Shanmugaratnam announced on Monday, Feb 25 that the government will be increasing the tax rates for wealthy homeowners in the country. The tax hikes are a part of the 2013 budget announcement. The step comes as an effort to make the tax system more effective. Barnes & Noble Buyout: Founder Wants to Buy Retail Part of Company
Barnes & Noble founder Leonard Riggio and chairman plans to buy the retail business but not the Nook Media unit that operates the Nook digital business and college bookstores, according to a regulatory filing with the Securities and Exchange Commission and a statement released on Monday. Dismal Outlook on British House Prices Only Adds to Gloomy Economy
A poll released today by Reuters concludes dismal predictions for British house prices. The prices are expected to stagnate by the end of this year. China's Luxurious Phoenix Island's Decline Sparks Economic Concern
The Chinese island of Hainan, Phoenix Island, also dubbed the Dubai of China for its overpriced, snazzy apartments is on a self-destructive path, reported France 24. Morgan Stanley fund buys Moscow mall for $1.2 bln
Morgan Stanley Real Estate Investing said one of its funds had bought the Metropolis shopping mall in northwest Moscow, in what it called Russia's biggest commercial real estate deal. China new home prices rise 0.8 pct y/y in Jan
China's new home prices rose an average of 0.8 percent in January from a year earlier, snapping 10 months of decline and raising the risk Beijing may seek to bolster a three-year campaign to curb property inflation. Commercial Real Estate Market Recovering Slowly
The National Association of Realtors' Commercial Real Estate Outlook, NAR, reported today that the commercial real estate market is recovering slowly, according to AGBeat. British House Prices Stagnate This Year
British house prices will stagnate until next year along with a flat-lining economy and weak pay rises, a Reuters poll found on Monday, although London prices are expected to keep climbing.
