Rapti Gupta
In the 2011 Fukushima Daiichi Nuclear Disaster of Japan, toxic radioactive material seeped into the soil of the farming village, Kawauchi, making agriculture impossible in the region. However, hope returns as a new factory farming technique is being developed by government officials of the region to revive agriculture in Fukushima. China Group to Buy Stake in NYC General Motors Building
A group of Chinese developers is under talks of purchasing 40 percent stake in the General Motors office towers in Manhattan, New York. If sold, the deal will be the largest office building transaction of the U.S. Swain’s Neck Estate on Nantucket Island Returns for 47.5 Million
The 69-acre Swain’s Neck Estate located on Nantucket Island, Massachusetts, has returned to the listing market with a lower selling price of $47.5 million. It was first listed for $59 million in May 2012. Swain’s Neck remains the most expensive single-family estate for sale in the New England region. Billy Bob Thornton Buys Modest Digs in Brentwood for $2.7 Million
After selling his Beverly Hills mansion for a whopping $8 million, the ‘Sling Blade’ star, Billy Bob Thornton has purchased a modest residence for $2.7 million in the Mandeville Canyon area of Brentwood, California. Carmelo Anthony and La La Lease New York Condo
NBA Knicks Superstar, Carmelo Anthony a.k.a “Melo” and his not-so-estranged wife La La have reportedly signed lease documents for renting a condo in the Museum Mile building on Fifth Avenue and 102 Street, New York for around $29,000 a month. Zaha Hadid Building Residential Tower in Miami; ONE Thousand Museum
“ONE Thousand Museum”, a new condo tower that is designed by starchitect of the generation, Zaha Hadid is all set to highlight the skyline of Miami. The residential structure will be located at 1000 Biscayne Boulevard in Miami, Florida. Miami’s Edition Hotel Condo Sales Fetch $34 Million
An anonymous American buyer has paid $34 million for two penthouse-style condos that are still under construction at “The Edition” hotel in Miami, which is being developed by famous hotelier, Ian Schrager. This is the biggest condo sale in Miami and the largest in South Florida by square feet. Hugo Chavez’s Death Could Hit Florida Real Estate Market
The death of Hugo Chavez, longtime president of Venezuela, has the whole world to raising concerns about various issues. One of those various issues is apprehensions about how the death would affect Florida’s real estate market. Facebook’s Improved News Feed Could Be Good for Realty Listings
Facebook has announced a “fresh, new look” for the news feed page that will emphasize more on photos, videos and links, most important to the users. This might generate an increased interest in realty listing photos and its social media presence. Real Estate Agent Caught Stealing Woman’s Underwear on Surveillance Camera in Virginia (VIDEO)
Real estate agent, Stephen Brumme of Silver Spring Md., was caught stealing a woman’s underwear from a home that was up for sale in Arlington, Virginia. The Arlington Police nabbed Brumme and charged him with burglary and possession of burglary tools. He was however, released on bail. Luxury Residential Prices Soar in Indonesia: Knight Frank Wealth Report
In the latest Wealth Report of real estate research firm, Knight Frank, two Indonesian cities were ranked the top regions where prices for luxury prices rose the most. Bali and Jakarta topped the list of the 20 where prices of luxury cities residential real estate grew in 2012. Fannie Mae and Freddie Mac to Jointly Form New Securitization Company
The Federal Housing Finance Agency (FHFA), regulator of the government-backed mortgage firms, Fannie Mae and Freddie Mac announced on Monday, March 4 that operations of the two companies will be combined to form a separate entity that will look after securitized home loans. Lisa Hochstein Wins Renovation Approval for Historic Home on Star island
The long and heated debate on “Real Housewives of Miami” star, Lisa Hochstein and plastic surgeon hubby, Leonard Hochstein razing down to renovate the historic Star Island home in Miami has finally come to an end. The couple has finally got approval of the city board to build a new mansion and replace the starchitect “Walter DeGarmo” designed building. Guess Co-Founder, Armand Marciano’s Beverly Crest Home Price Chopped to $54.4 Million
Co-founder of popular fashion apparel brand, Guess Armand Marciano's Beverly Crest home has received a huge price chop of $8.5 million and has now been listed with an asking price of $54.5 million. The home was first listed in 2011 with an asking price of $63 million. Michael Douglas and Catherine Zeta Jones Renting Out Bermuda Property
The Oscar winning celebrity couple, William Douglas and Catherine Zeta Jones, is offering their Bermuda island home for rent, asking for a cool monthly charge of $28,000. Douglas and Jones had purchased the home back in 2001 for around $2.5 million. The couple made the home their primary residence from 2002 – 09. Located in the Warwick Parish of Bermuda, the home is popularly known as the Longford house. Japanese Real Estate Tycoon Arrested in Tokyo for Tax Evasion (VIDEO)
A Japanese real estate tycoon, Genshiro Kawamoto has been arrested for evading corporate tax payments worth more than $8.5 million on commercial buildings that he owns in Japan. The 81-year-old businessman was also accused of hiding revenue worth $31 million (2.9 billion yen) in his rental earnings for three years ending December 2011. Panasonic Selling Tokyo Office for $536 Million
Japanese electronics magnate, Panasonic Corporation is selling its office building in central Tokyo for around $536 million to the same two companies that recently purchased Sony Corporation’s “Sony City Osaki” building for $1.2 billion. Details of the deal have already been sketched out and the sale is expected to be complete by Tuesday, March 12. HSBC Selling Consumer Portfolios Worth $3.2 Billion
HSBC Financial Corporation is selling two of its major U.S. consumer portfolios comprising of mortgage and personal loans worth $3.2 billion, all in cash, in an effort to scale down its operations in the country.Its finance unit, HSBC Finance Corporation will be selling off more than 400,000 personal homeowner and unsecured loan portfolios to Springleaf Finance Corporation and Newcastle Investment Corp. Taylor Swift Opens up about her Real Estate 'Issues'
Constant hit-maker/songwriter/singer/actress, Taylor Swift recently got candid about her life and real estate issues in an interview with entertainment magazine, Vanity Fair. Swift is famous for her impulsive buying. The singer purchased or was rumored-to-have-purchased a home near every single guy she dated. Here is what she said. Matt Drudge Expands his Miami Compound to 10 Acres
Matt Drudge, owner of one of the most famous and oldest news aggregation websites, Drudge Reports, is expanding his already existing four-acre property in the Southwest of Miami-Dade County as he recently dropped a cool $700,000 on an adjoining 4.7 acre property. The estate was first listed in 2012 with an asking price of $950,000. Harpoon Brewery CEO Buys Nantucket Estate for $4.3 Million
Rich Doyle, Chief executive of Harpoon Brewery has purchased a plush estate worth $4.3 million on Nantucket Island in Cape Cod, Massachusetts. The home was originally listed for $7.9 million but was last price chopped at $5.8 million. However, it has now sold for $1.5 million lesser. Tahoe City Transit Center Crowned Winner of 2012 Western Red Cedar Architectural Design Award
The recently opened Tahoe City Transit Center (TART)was crowned the winner of the 2012 Western Red Cedar Architectural Award for its stunning and intelligent use of Tahoe’s famous raw materials, western red cedar wood and Sierra ledge stone. Jonathan Karsh Lists Los Feliz Home at a Loss
The producer of award winning shows like “My Flesh and Blood” and “Catfish: the TV Show”, Jonathan Karsh has listed his home in Los Feliz with an asking price of just $1.25 million. Karsh and his wife purchased the property back in August 2005 for around $1.27 million. Andruw Jones Pitching Georgia Manse for $5 Million
Famous baseball outfielder, Andruw Jones is looking to sell his mansion in Duluth, Georgia and is offering it for a cool price of $5 million. The two story residence was built in 2002 and features European architecture. The home is the "Ultimate in Luxury" offering panoramic views and is everything one could wish for. Kenauk, Largest Private Property in Canada Hits Listing Market for $79 Million
One of the very few paradises on earth, and the largest privately held property in Canada, Kenauk, has hit the open listing market with a solid asking price of $79 million. The 65,000 acre property is located in Montebello, Quebec and is an excellent investment opportunity. Mick Jagger Reluctant to Transfer Downe House Ownership to Ex-wife Jerry Hall (VIDEO)
Fourteen years after the famous couple, Sir Mick Jagger and model Jerry hall split, property issues have become a reason of squabble for the divorced pair. Hall has been trying to push Jagger into transferring complete ownership of the legendary Downe House in her name. Mary-Louise Parker’s Greenwich Village Duplex Condo Hits Listing Market
Mary-Louise Parker of the “Weeds” fame is searching for a buyer for her 32 Washington Square West Greenwich Village duplex apartment. The home has hit the open listing market for the third time in the past year and is now sporting a price tag of $ 6.99 million. Benji Madden Drops $1 Million on Hollywood Hills Bungalow
American Rock band, Good Charlotte Guitarist, Benji Madden has reportedly dropped a good $1.1 million on a rustic tree-house-type bungalow in Hollywood Hills, California. Benji purchased the home earlier in February, just 192 days after it was listed on the open market. Umm Qarn Stud Farm: Six-star Luxury Hotel for Celebrity Horses
If you thought luxury hotels were only a privilege that rich and wealthy humans could afford, you might like a change of perspective. In the Arabian land of Qatar, emerging from the sandy dunes of the desert near Doha is a six-star luxury hotel – Umm Qarn Stud Farm, exclusively built for horses. UK Home Prices Rise in February on Increased Demand in London
According to a report compiled by leading online property analytics firm, Hometrack, it was revealed that home prices in the U.K. rose for the first time in nine months in February due to increasing number of buyers in London and South England.
EDITOR'S PICKS
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Fed Slashes Interest Rates, But Mortgage Rates Surge Up To 6.72% - Here's Why It's Happening
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New Real Estate Platform Allows US Homebuyers To Check The Political Affiliations Of Their Neighbors For Free
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NYC Bill Relieving Renters Of Broker Fees Passes Without Mayor's Signature. Real Estate Groups Are Suing To Stop It
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Suspect In UnitedHealthcare CEO Killing Hails From Real Estate Family, Grew Up In This $800K Home