News

'Calgary Buyers May Be Hit By New Mortgage Regulations

Alberta may feel the unintended consequences that will result from the new mortgage regulations by the federal government targeted for the Toronto and Vancouver housing markets, according to Canadian Home Builder's Association-Alberta (CHBA-AB), Calgary Sun reports.

'Easing of 35-Year-Old US Foreign Investment Tax Signed

Offshore investors have been the US' major source of capital since the financial crisis and it looks like the recent step of the government to ease a 35-year-old tax on foreign investment will only open the door wider for purchases by overseas investors with President Obama already signing the measure into a law, Hui-Yong Yu of Bloomberg reports.

'Key Things You Should Know About the Kardashians’ Newest LA Condo

The Kardashians are just growing their real estate holdings; and the latest addition to their long roll of properties is in the Century City neighborhood of Los Angeles, Jamie Wiebe of Realtor reports. The family empire just recently acquired a two-bedroom turnkey unit located at Century Hill for $1.65 million; a mere drop in the bucket if there's truth to the rumors that they are now collectively worth $300 million.
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