News

Troy House in Mitchel Troy, Monmouthshire up for auction at a recommended price between £200,000 and £250,00

'33-Bedroom Historical House to Be Put in the Market But What's the Catch?

This historic 33-bedroom house that sits on a six-acre property in Monmouthshire is up for grabs for just $250k. But there’s a catch, though.

All four major regions also saw declines in sales month-over-month and year-over-year

'Existing Home Sales Recorded Largest Drop Since 2010

The U.S. real estate market continues to feel the ill-effects of the coronavirus pandemic as the existing-homes sales dropped in April. This time, the month-over-month decline became the largest drop in almost ten years.

'William Lyon, Builder of 100,000 Homes in the US, Dies at 97

A day after William Lyon passed, here's look at how he helped shape suburban America over the past 50 years.

EDITOR'S PICKS

'A Look Into Donald Trump's Real Estate Properties

Trump owns an estimated $122 million worth of real estate properties, apart from the $2-billion real estate property owned by his company. Here is a rundown of his real estate portfolio from New York to the West Indies in the Caribbean.

By Staff Reporter
'Mall of America Confirms Financial Woes

A sign of troubling times. The biggest shopping mall in the U.S., Mall of America has already missed two months worth mortgage payments. A sign of the damage that the global health crisis has been inflicting in the U.S. retail business.

By Staff Reporter
'Resurgence in Google's “Homes for Sale” Search Recorded in April

Months after the coronavirus outbreak started, it appears that Americans have finally decided to continue their search for their forever homes, if Google searches are to be based.

By Staff Reporter
'Foreclosure, Eviction Moratorium Extended as House Passes "Heroes Act"

The moratorium on evictions and foreclosures for by Fannie Mae and Freddie Mac-backed mortgages has been extended until June 30, 2020, at least, the Federal Housing Finance Agency (FHFA) announced last May 14, 2020.

By Staff Reporter
'Proposed California Senate Bill Would Allow Retailers to Renegotiate Lease

A bill that aims to mitigate the economic repercussions of the COVID-19 pandemic on commercial real property tenants, including businesses and nonprofit organizations, is currently being considered in the Californa Legislature.

By Staff Reporter
'Important Changes to SL Green's 2020 Annual Stockholders Meeting

Due to the continuing COVID-19 pandemic, SL Green Realty Corp. has announced the postponement and change of location of its 2020 Annual Meeting of Stockholders.

By Staff Reporter
'Home Purchase Loan Applications Rise for Yet Another Week, Survey Says

For the third week in a row, home loan application volume has increased, thanks to the strong growth seen in Texas, Arizona, and California, a survey says.

By Staff Reporter
'What are the Next Big Trends in Real Estate Technology?

In a tech-centric world where people stare at screens more than faces, smart entrepreneurs understand the importance of keeping up with the latest tech trends.

By Ernest Hamilton
'How to Reduce the Risk of Theft During an Open House

Open houses are a great way to drum up interest in a home and get potential buyers to put in an offer. But opening the door to the public does come with risks. One big risk that sellers (and some agents) often overlook is theft.

By Hannah Smith
'Forget San Francisco: 5 Cities Where Bay Area Techies Would Rather Live

About one in four tech clients at Wealthfront in the Bay Area think they'll settle down in New York, Chicago and Austin, Texas, according to a survey of the firm's investors. Wealthfront clients expect to pay more than $1 million for a two-bedroom abode in the Bay Area.

By Staff Reporter
'China Real Estate Developer's Fortune Plunges $2 Billion After Detention

One of China's richest real developers has lost $2 billion of his fortune in the past two days following the word of his detention in Shanghai. Wang Zhenhua was removed as chairman of Future Land Development Holdings after he was held by a district public security bureau "in criminal custody for personal reasons," according to a statement on Wednesday by Future Land Development Holdings.

By Staff Reporter
'Former Spelling Manor Sells, Sets Record For Highest Price On Record In California

The former Spelling Manor, custom built for television producer Aaron Spelling and his wife Candy in the late 1980s, has just sold after three years on the market by its most recent owner, Petra Ecclestone, heir to the Bernie Ecclestone and part of the Formula One fortune.

By Staff Reporter