Rapti Gupta
As the U.S. economy is still struggling with an uneven recovery, more people are opting to rent than to buy. This has driven up rental rates through the roof. However, a new report reveals that the pace, at which rates have been rising, is slowing down as supply increases. David Murdock Sells Bel Air Mansion for $24 Million
David Murdock, the billionaire Chairman and CEO of Dole Food Co., has reportedly found a buyer for his Bel Air mansion selling it off for $24 million. Joel Madden and Nicole Richie Unload Glendale Home for $1.87 Million
Joel Madden, the "Good Charlotte" frontman, and his wife Nicole Richie have reportedly sold off their Glendale, Los Angeles, home for $1.87 million, exactly the price they had listed it for. Michael Jackson's Estate Buys Calabasas Residence for $10.75 Million
Michael Jackson's estate has reportedly paid $10.75 million for the home in Calabasas, Calif., where the King of Pop's mother Katharine Jackson lives with Jackson's three children - Prince, Paris and Blanket. Las Vegas’ Most Expensive Home is Phil Maloof’s $38 Million Penthouse
Behold! The most expensive listing of Las Vegas has arrived on the market for $38 million. The residence is owned by the famous Phil Maloof, who was a New Mexico state senator and his family once owned the NBA team "Sacramento Kings." US Home Building Activity Fell 6.5 Percent in May
Home building activity in the United States fell to a seasonally adjusted 6.5 percent to 1.001 million in May as construction on single and multi-family units decelerated. Building permits also declined 6.4 percent to 991,000 in May, according to the latest figures published by the U.S. Commerce department. Jordache’s Ralph Nakash Drops $6.95 Million on New York City Pad
Ralph Nakash , owner of the "Versace" mansion, has reportedly purchased a plush pad in Fifth Avenue, New York City, for $6.95 million. Golfer Geoff Ogilvy Selling Del Mar Residence for $6.47 Million
Geoff Ogilvy, the former US Open champion, has reportedly listed his home in Del Mar, Calif., for $6.47 million. Top American Cities You Should Be Working in, Glassdoor Survey (LIST)
A recent survey conducted by Glassdoor, the famous jobs and career website, found the top cities where employees are the happiest. Are Home-Remodeling Reality Shows Distorting Reality? (VIDEO)
Looking to renovate your home this summer? Are you getting clues from that HGTV show? Wait! Take some time to pause and think how much "Realty" there is in "Reality TV". Starwood Group Looking to Sell Upcoming Baccarat Hotel in New York City
Starwood Capital Group, the Barry Sternlicht-led international real estate and development group, is reportedly looking for a buyer for its upcoming Baccarat Hotel in New York City. Dodgers’ Clayton Kershaw buys Florida Condo for $1.95 million
Clayton Kershaw, the star pitcher for MLB team "Los Angeles Dodgers", reportedly purchased a condo in Florida for $1.95 million in January 2014. Buy BCBG Designer Max Azria’s Miami Condo for $7 million
Max Azria, the famous designer behind the successful brand "BCBG", has reportedly listed his home in Miami, Fla., for $7 million. "Terms of Endearment" Home Sells for $2.85 Million
The home - which served as the residence of astronaut Garrett Breedlove (Jack Nicholson) in the 1983 comedy drama "Terms of Endearment" - sold for $2.85 million. Shigeru Ban will be “Very Careful” about Choosing Projects after Pritzker Prize
Shigeru ban, the Japanese architect who has become the "god of cardboard," accepted the Pritzker prize earlier last week adding that the accolade - though it means a lot to him - will not change the way he works. In fact, he will take up fewer projects and be "very careful" about what he takes up, the startchitect told journalists. Dubai Real Estate Bubble: Is the Government Doing Much to Curb Risks?
After the UAE Central Bank released a statement that flagged Dubai's property market as a major potential threat to the economy, concerns about a looming asset bubble have been mounting. So what is the government doing to avert a 2008-like crash this time? Bitcoin: New York City Holiday Inn to Start Accepting Payments in Cryptocurrency
A Holiday Inn hotel in Brooklyn, New York City, will start accepting payment in Bitcoin. A Holiday Inn hotel in Brooklyn, New York City, will start accepting payment in Bitcoin. Buccaneers’ Safety Dashon Goldson’s Marina Del Rey Home Up For Rent at $4,600 a Month
Tampa Bay Buccaneers Safety Dashon Goldson is reportedly offering his Marina Del Rey, Calif., home for rent asking just $4,600 a month. Donald Sterling Renting out One of his Beverly Hills homes for $15,500
Donald Sterling, the owner of NBA team "Los Angeles Clippers", maybe waist-deep in scandal but that doesn't stop him from being the businessman that he is. One of the many homes of Sterling's large portfolio is up for rent asking $15,500 a month. Meryl Streep Discounts Hollywood Hills home to List at $5.25 Million
Meryl Streep, the award-winning "Iron Lady" actress, has reportedly knocked off a few dollars from the asking price of her Hollywood Hills home and is now asking $5.25 million for the residence. ‘Beach Boy’ Mike Love Selling Pebble Beach Home for $5.79 million
Mike Love, the lead singer and one of the song writers of "The Bach Boys" band, has reportedly put up his home in Pebble Beach, Calif., for sale with an asking price of $5.79 million. "The Money Pit" Home to Hit Market for $12.5 Million
The Long island, New York, home that featured in "the Money Pit" is about to hit the market for $12.5 million. US Justice Department Urges Citigroup to Raise Securities Settlement Offer
The U.S. Justice Department is urging Citigroup Inc. to raise its settlement offer in a long running probe that found the bank guilty of selling faulty mortgage securities that eventually led to the country's economic crash. Wal-Mart heiress Alice Walton buys $25 million NYC duplex unit
Alice Walton, daughter of Sam Walton - founder of retail chain Wal-Mart, has reportedly purchased a home in Lenox Hill, New York City, for $25 million. Jane Fonda’s Albuquerque ranch is up for grabs at $19.5 million
Jane Fonda, the famous actress-turned-author, has listed her ranch in Albuquerque, N.M., for $19.5 million. Aspen’s most expensive home is billionaire William Koch’s $89 million estate
William (Bill) Koch, the famous billionaire sailor and art collector, has listed his humongous estate in Aspen, Colo., for $89 million -making it the most expensive home in America's Canary City. Fixed Mortgage Rates Rise for Second Week
Fixed mortgage rates in the United States went up for the second consecutive week after the country posted good job data and better treasury yields, Freddie Mac - the government backed lending giant - announced Thursday. George Osborne Authorizes Bank of England to Control Britain’s Hot Property Market
George Osborne, the British finance minister, gave the Bank of England full authority to introduce new measures directed towards cooling Britain's overheated real estate market. Officials believe that if prices continue to soar at the current rate, the economy could crumble down like a house of cards. Google and Amazon would make great mortgage bankers: Study
A new study conducted by Accenture, a leading global consultancy firm, found that tech giants like Google, Facebook, Apple and Amazon would make great profits out of a banking business, if they entered the commercial finance sector. Piano man Billy Joel gives Hamptons Estate Makeover and Another Price Chop to List at $19.95 million
Billy Joel - the famous piano man who has some massive hits like "My Life", "Honesty" and more to his composition credits - has reportedly given his resience at Sagaponack, Southampton, another price cut to list at $19.95 million. But that's not all. He has also given the home a pleasant makeover in hopes of finding a buyer this time around.
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