Staff Reporter
Jorge Posada, who just retired from his 17-year gig as the New York Yankees' catcher, has listed his Upper East Side apartment for $11.5 million. Case-Shiller Housing Index January 2012: Look for More Declines
U.S. home prices fell more sharply in November, compared to the previous month, according to S&P/Case-Shiller Home Price Indices data released on Tuesday. New Zealand house sales increase but prices fall
Residential property sales have increased over 20% year on year although nationally prices are falling, the latest figures from the Real Estate Institute of New Zealand (REINZ) show. Commercial real estate markets likely to be cautious in 2012
Macro economic and political landscape uncertainty suggests that a cautious outlook for commercial real estate is likely to persist into 2012, according to a new report from CBRE Global Research. UK announces new deal on new build properties
UK housing minister Grant Shapps has today (Thursday 26 January) hailed a new partnership between the government and the National House Building Council (NHBC) to gain a greater insight into how efforts to get Britain building again are making a difference. Opportunities for Investors in London Hotel Market?
There are significant opportunities for real estate investment in London's hotel market this year, one expert has claimed. Chinese New Year 2012: Year of Dragon Expected to Boost Real Estate in China
The Year of the Dragon holds special importance for the Chinese as it is considered to be the luckiest of Chinese years which brings happiness and success. Freddie Mac's Image Problem: Conflict of Interest Charged
On Monday, NPR and ProPublica published a report revealing that Freddie Mac, the government-owned mortgage giant, had purchased $3.4 billion in mortgage securities that became more profitable if homeowners were unable to refinance at lower rates.for homeowners to pay off their mortgages. It's the latest public blow to a firm that has been blamed for its role in the housing crisis, even as it continues to deal with the fallout of the toxic mortgages that it continues to hold Jennifer Aniston House: Bel Air Mansion has Ocean View and a Vineyard!
Jennifer Aniston is officially the Hollywood queen of real estate. Jennifer Aniston is officially the Hollywood queen of real estate. She just treated herself to an early birthday present: a new mansion in California's Bel Air neighborhood, according to a TMZ report. Obama State of the Union 2012: Mortgage Refinance Changes Face Obstacles
President Barack Obama's proposal to allow millions of homeowners to reduce mortgage payments is the latest in a series of federal efforts to aid the housing market, but it faces a number of obstacles. SOTU 2012: Chief Foreclosure Deal Critic Tapped as National Mortgage Czar
New York Attorney General Eric Schneiderman has been a leading critic of a deal with the nation's largest mortgage servicers over improper foreclosure practices. Case-Shiller Home Price Index: More Declines in November
U.S. home prices fell more sharply in November, compared to the previous month, according to S&P/Case-Shiller Home Price Indices data released on Tuesday. 30 Cities Had Half of Global Real Estate Investment: Jones Lang LaSalle
Thirty cities accounted for half of all global commercial real estate investment from 2008 to 2011, according to a report released Wednesday. Thriving property market in Seychelles
Property research firm, www.globalpropertyguide.com has featured the possibilities of investing in the thriving property market of Seychelles. Blessed by nature, the Seychelles is an archipelago of 115 islands with superb beaches, an unspoiled landscape, virgin forest, amazing marine life, lots of orchids, bougainvilleas, hibiscuses, gardenias and frangipani, and a profusion of bird species found nowhere else. It is 1,600 km off the coast of East Africa, with a population of only 81,000. Investment in European Retail Property Increases
The level of investment in real estate assets in the European retail sector grew in the final quarter of 2011. U.S. Mortgage Rates Jump to 3.98 Percent: Freddie Mac
U.S. 30-year fixed-rate mortgage rates jumped to 3.98 percent in the week ending Jan. 26, up from a record low of 3.88 percent in the previous week, Freddie Mac. Cummins 4Q Earnings Preview: Engine Demand, Construction Recovery Expected to Boost Manufacturer
The Columbus, Ind.-based company is expected to earn $424 million, or $2.24 per share, up from 362 million or $1.84 per share in the year earlier period, estimates carried by Thomson Reuters said. Analysts expect revenue of $4.7 billion, up from $4.1 billion in the year earlier period.
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