Staff Reporter
Sydney has been unseated as the second costliest city in the world in a new survey of housing affordability. The Coalface: Mortgage Broker Adds Life Coaching
Most brokers would assume new clients who walk through the door are coming to them purely to service their finance needs - but not so Nicole Seagren of Vision Finance, based in Melbourne. Asian investors increasing their volume of central London office buys
Asian investors accounted for £1.7 billion worth of transactions in central London’s office investment market during 2011, compared to £668 million in 2010, a 150% increase, according to Jones Lang LaSalle. Lehman Increases Archstone Stake by $1.3 Billion, Blocking Equity Residential
The estate of Lehman Brothers paid $1.33 billion to become majority owner of Archstone, a multifamily landlord of more than 70,000 U.S. apartments, successfully blocking a rival bidder. Property prices in Bulgaria not expected to rise in 2012 as market remains subdued
The extent of the decline in residential property prices in Bulgaria are shown in the latest figures which reveal they are 5 to 10% lower in 2011 than in 2010. Falling Demand to Hit UK Commercial Property Sector
A decrease in tenant demand for commercial real estate will have a marked impact on the sector over the course of 2012. London Student Property 'A Lucrative Investment'
The returns generated by London student property investments almost doubled in 2011, compared to the previous year. Threat of Recession Weighs on UK Property Market
A marginal decline of capital value growth in the UK's commercial property sector was recorded in December, new figures show. Down and Dirty with the Property Recovery - UK
Many people feel like - "if I hear one more commentator say it's a mixed bag I am going to shoot him/her and then myself", but there is no other way to describe it. Potential relief for landlords as UK government reviews water industry proposals
The British Property Federation has welcomed a government review which could see it pull back from powers that would force landlords to share information on changes of tenancy with water companies, and even make them liable for their tenants' debts. Work on £800m Bishopsgate Tower Halted Again
Construction on the Bishopsgate Tower has halted because of a lack of funding. An artist's impression on how the £800m Pinnacle will look (Ken Pederson Fox) Construction on the City of London's tallest tower, Bishopsgate Tower, has halted because of a lack of funding and lack of tenants. World to Feel the Effects of Chinese Property Market Lull in 2012
The world has never been more internationalised than it is today. For better or for worse and like it or not, our economies are all reliant on one another. London Real Estate "A Target for Overseas Investors"
An increasing number of overseas investors are entering the London property market, with Savills recently reporting that 55 per cent of all transactions for central London real estate in 2011 were concluded by international buyers. European Commercial Property Markets "Stable"
Commercial property markets across Europe were described as "broadly stable" during the final quarter of 2011 in terms of rents and yields, CB Richard Ellis (CBRE) stated. UK House Prices Down in January
Household sentiment about the value of properties in the UK slipped in January compared to December, a new survey has revealed. Mort Zuckerman is Bullish on Cities
Mort Zuckerman, the venerable real estate developer and media mogul, has a taste for urbanism. He attributed the strong fourth quarter and 2011 for his real estate investment trust Boston Properties, Inc. (NYSE:BXP) to its focus on major cities. Housing: 2011 Was A Miserable Year
We've all known that 2011 wasn't a good year for housing or house prices, and this week we have had that confirmed in spades. Scarlett Johansson and Ryan Reynolds House Up for Sale
Ryan Reynolds has put the house he lived in with ex-wife Scarlett Johansson up for sale. Ryan Reynolds has put the house he lived in with ex-wife Scarlett Johansson up for sale. Obama Calls for Refinance Expansion, Lifting Restrictions for Borrowers
President Barack Obama called on Wednesday for an expanded homeowner refinance program that would lift restrictions for more borrowers, representing another government effort to aid the ailing housing market. UK housing minister unveils details of new build plans
Housing Minister Grant Shapps today (Wednesday 01 February) highlighted how the government's action to get Britain building again will play a vital and central role in getting the country's economy on the road to recovery. UK House Prices 'Flat' in 2011
The value of residential properties in the UK remained largely unchanged between December and January, while prices fell by 1. Mortgage Deal Would Give States Enforcement Clout
A proposed settlement to resolve mortgage abuses by top U.S. banks will give states broad authority to punish firms that mistreat borrowers in the future, according to documents seen by Reuters on Wednesday. O.J. Simpson Foreclosure: 4 Other Athletes Whose Homes Were Lost [PHOTOS]
Former football star and actor O.J. Simpson is facing foreclosure. According to Miami-Dade Circuit Court records, JPMorgan Chase filed for foreclosure in September on Simpson's four-bedroom, four-bathroom in the Miami suburb of Kendall, Fla. South Korea's 'Invisible' Tower Infinity [SLIDESHOW]
Last week, GDS Architects won a competition to design a tower in Incheon, South Korea. The crystalline structure is design to disapear through "optical technology," the architects said. ‘Lebanon Island’ at ‘The World’ Archipelago in Dubai Readying for Tourists (PHOTOS)
A part of "The World", a man-made archipelago off the coast of Dubai, is reportedly ready to receive tourists. The island - supposedly "Lebanon Island" - has seen development activities recently. Obama Administration Acts to Bolster Homeowner Lifeline
The U.S. administration on Friday expanded its main foreclosure-prevention program and pushed to open it to those with loans backed by mortgage giants Fannie Mae and Freddie Mac, a move that could meet resistance from their regulator, the Federal Housing Finance Agency. Scarano Condo Reborn: Why Williamsburg's Controversial 'Finger' is a Sell Out
Long nicknamed the "Finger Building," the condo building has been reviled by local residents. But now, it has sold, with 70 percent of its 41 apartments in contract after a few months of marketing. REIT Earnings Preview: SL Green, Boston Properties, Simon Property Group, General Growth Properties, Equity Residential, AvalonBay
The majority of real estate investment trusts are expected to post positive earnings for the fourth quarter and fiscal year 2011 as rent growth continues, according to analysts. Eric Holder Launches Probe into Mortgage-Backed Securities Fraud
U.S. Attorney General Eric Holder Friday announced the formation of a task force focused on probing residential mortgage-backed securities following President Barack Obama's call for a unit to probe the finance industry's conduct leading up to the financial crisis. London Looks for Confidence as Eurozone Crisis Leads to New Low
The Lloyds Bank Commercial Property Confidence Monitor for January 2012 recently revealed the extent to which concerns over the eurozone crisis and domestic economic difficulties have had an impact on the UK's commercial real estate sector.
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?
