News

Manhattan Office Property Rents Rising

Manhattan Office Property Rents Rising Manhattan Office Property Rents Rising Office rents in Manhattan are increasing again with the average asking rent reaching $58.

Wyoming Town - Population 1 - Sells For $900,000 to Vietnamese Buyer

The town of Buford, Wyoming - population 1 - was sold for $900,000 to an unidentified buyer from Vietnam on Thursday after an 11-minute Internet auction that attracted worldwide interest.

Fed Rules on Turning Foreclosures into Rentals

The Federal Reserve took steps to encourage banks to turn more of their foreclosed homes into rental properties in new policy guidelines issued on Thursday that could help lessen the flood of distressed property sales that is depressing prices.