Staff Reporter
HFF has closed the sale of two Class A medical office buildings totaling 253,676 square feet in San Diego, California, as it is claimed. U.S. hotel market performed well in Early February
The U.S. hotel industry experienced increases in all three key performance metrics during the week of 5-11 February 2012, according to latest report from Smith Travel Research(STR). Gross mortgage lending 10% stronger than a year ago
Gross mortgage lending declined to an estimated £10.5 billion in January. Lending fell by 14% from £12.2 billion in December but was 10% higher than the total of £9.5 billion in January 2011, according to the Council of Mortgage Lenders(CML). January Existing Home Sales Preview: Gains Expected
Existing home sales are expected to rise in January as the broader economy improves, according to analysts and industry experts. A New iPhone and iPad displaying properties by Knight Frank
Knight Frank has launched a new iPhone and iPad app displaying properties and research from around the world. Amazon Plans Three Skyscrapers in Seattle
Amazon.com Inc. (NASDAQ:AMZN) is continuing its global expansion with a deal that will transform Seattle's skyline. The online retailer has agreed to purchase three development parcels in the city and plans a trio of 1 million square foot office towers. BDRC: landlords feeling the pinch despite rent increases in UK
Rents may have risen in the private sector over the last year, but professional landlords are feeling the pinch, according to the latest research results from the BDRC Continental. 2012 US Starts with Increased Sales and Stable Prices
For the 7th straight month, residential property sales in the United States inched higher, rising 3.4% above the level seen last January, according to the latest RE/MAX national housing report. Home Loan Applicants Urge to Research on Bank Rates Well
Bank customers wishing to compare the lending rates of major Aussie banks should research the facts by themselves as these will not be volunteered to them, according to consumer advocacy group Choice. RICS: average UK property salary decreased
The average UK property salary decreased to £48,329 from £50,250 in 2011, due to an increase in junior respondents, according to the results of annual Royal Institution of Chartered Surveyors(RICS) and Macdonald & Company Rewards and Attitudes Survey. Poor jobs outlook affecting property rents in prime central London
Residential property rents in prime central London fell by 0.2% in January and are now 0.6% below their September 2011 peak, according to the latest report from Knight Frank. Positive economic outlook set to boost tourism and real estate on Cape Verde
The economy in Cape Verde is expected to rise 7.1% by 2013 from 5.6% in 2011, which will foster growth in the real estate sector, according to the experts of International Monetary Fund. On Astor Place, New and Old Clash
Developer Edward Minskoff's obsidian and silver edifice at 51 Astor Place will soon mark the latest transformation of New York's East Village. China Shanghai Changes Housing Tax
China - The Shanghai city government is offering lower taxation for the average homepurchase after revising the standards of "ordinary" houses on Thursday.However, experts are cautious about whether the new standards will help "wait-and-see"homebuyers make a faster decision. New Jersey real estate developers are aiming to hit the rental market
More than 2,000 apartments are to be constructed in New Jersey to hit the market by the end of this year. Investors: Be Smart About Your Property Insuranc
Property Insurance is one of those nuisance expenses you always see calculated into mortgage payments and cash flow projections. It's the second "I" in the acronym "PITI" (Principle, Interest, Taxes, Insurance), which most investors use to describe an overall monthly obligation on a property. While unexciting and usually begrudgingly paid, I would argue that property insurance is one of the most important components in a real estate transaction. Interestingly, I have found that even the m... The world's most expensive office market: HK again
HK succeeds to be the most expensive office market, followed by London, according to the latest report of Office Space Across the World 2012 by Cushman & Wakefield. Meet Ekaterina Rybolovleva: She Has the Most Expensive New York City Pad
By now everyone should know about Russian heiress Ekaterina Rybolovleva. When a deal closed on an $88-million apartment on Wednesday, it was the most expensive apartment sold in New York City and she owns it. Canadian's property sales decline for the first time
Residential property sales in Canada fell 4.5% from December 2011 to January 2012, Residential property sales in Canada fell 4. 5% from December 2011 to January 2012, the first monthly decline in national activity since August 2011 and the biggest monthly decline since July 2010, according to the latest figures from the Canadian Real Estate Association (CRA). 19-year-old Star Nick Jonas Rents in New York
Nick Jonas, a 19-year-old star, has leased a $23,000 per month apartment in New York's Chelsea neighborhood UK house price declines continued in February
House price continued to decline in February in UK, according to the latest House Price Sentiment Index (HPSI) reported by Knight Frank. OECD to Northern Europe: Raise Your Property Taxes!
The Organization for Economic Cooperation and Development released a report Tuesday calling on Germany to raise its property taxes dramatically. The group has also called on Denmark, Norway, and the U.K. to do the same. The Most Successful Realtors above $35 million
The ultra luxury segment of real estate market has remained fairly strong David Kramer The ultra luxury segment of real estate market has remained fairly strong despite the burst of the housing bubble. Ekaterina Rybolovleva Owns Most Expensive NYC Apartment; $88M Deal Closes
Ekaterina Rybolovleva, 22, now owns the most expensive apartment ever sold in New York City, after her billion father, Russian fertiliser magnate Dmitry Rybolovlev on Wednesday, closed the $88 million-deal for the Central Park West pad. He is said to be the 93rd richest man. BANKING: States, banks reach foreclosure-abuse settlement
U.S. states have reached a $25 billion deal with the nation's biggest mortgage lenders over foreclosure abuses that occurred after the housing bubble burst. A good time for long property investment in Malaysia
It's a good time to enter into Malaysia condominium market for investors looking for a long-term investment now and price will appreciate over the decade UK's first amphibious house will be on the banks of the River Thames
The UK's first amphibious house will be built on the banks of the River Thames later this year. This imaginative architecture, designed by Baca Architects, has solved the threat of flooding. New Automated Application from Churchill Mortgage Gives Borrowers Immediate Rate Quote and Pre-Approval
New Automated Application from Churchill Mortgage Gives Borrowers Immediate Rate Quote and Pre-Approval. San Francisco Consulting Firm Recommends Taking Advantage of Lower Lease Prices Now as Demand for Office Space Increases
While the recovery of the real estate sector remains sluggish nationally, San Francisco's commercial real estate market is heating up. According to a recent survey by the Urban Land Institute and PricewaterhouseCoopers, San Francisco is now the third-best city to invest in for commercial property. As the cost of leasing commercial space rises again, San Francisco business consultantKathy Scheiern, PhD, founder of PurposeWorks LLC, recommends small businesses find the right space and lock in a g... Rate on 30-year-mortgage remained 3.87% low record
The average 30-year fixed-rate mortgage has been at its all-time record-breaking low of 3.87 percent since the first week of 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?