News
Foreign Buyers See Paris As a Safe Property Haven
Fed Drives World Stocks to 2012 High
Housing Market Recovery Hits Pothole in February
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?
According to recently released U.S. Census Bureau statistics on urban density, 80.7 percent of Americans live in urban areas. Miami Home Prices Post Strong Gains for Third Consecutive Month
For the third consecutive month, Miami home prices posted strong gains in February. The median sales price of condominiums in the Miami-Dade County surged 40.4 percent to $131,950 in February compared to a year earlier, according to the 26,000-member MIAMI Association of REALTORS and the local Multiple Listing Service (MLS) system. The median sales price of single-family homes rose 19 percent to $175,000. More Americans Move to Cities in Past Decade : Census
More Americans are living in cities now than a decade ago, according to U.S. Census data released on Monday. China Banking Outlook: Profits Marred By Bad Loans
After years of strong growth, China's biggest banks could face a slump in 2012. Analysts warned that an economic slowdown could trigger defaults by real estate developers and the increase in bad loans would erode Chinese banks' profitability this year. US Pending Home Sales Fall 0.5% In Feb, Missing Forecasts
U.S. pending home sales fell 0.5 percent in February compared to January, the National Association of Realtors said Monday, missing expectations and heightening concerns the real estate market's recovery may not be as robust as thought by economists. Fannie, Freddie Regulator Says Principal Reductions Would Benefit Banks
The federal regulator of Fannie Mae and Freddie Mac is arguing that principal reductions for home loans would benefit the banks that hold secondary debt while weakening the mortgage giants' finances. Fed's Plosser Criticizes Unfettered Asset-Buying
The world's central banks should not have unfettered ability to purchase assets because that violates the traditional separation of monetary and fiscal policymaking and can allow governments to inflate away debts, a top Federal Reserve official said on Monday. JFK's Honeymoon Mansion On Sale For $95 Million
The luxurious LA mansion where US President John F. Kennedy and his wife Jacqueline spent their honeymoon in 1953 is up for auction for $95 million. Apartment And Villa Rents Increase In Dubai
Rents for apartments and villas in Dubai increased in the first quarter of 2012 with an average rise of 1% but some quality locations faring better, according to the latest report from Asteco. Stock Futures Higher Ahead Of Home Sales Data
Stock index futures rose on Monday, pointing to an equities rebound after the S&P's worst weekly performance so far this year as investors looked ahead to February pending home sales data.
