Staff Reporter
China's home prices dropped for the eighth consecutive month in May but the pace of decline slowed, triggering concerns over a short-term rebound in prices. Mortgage rates remain low
Rates on a 30-year fixed-rate mortgage averaged 3.71 percent for the week ending June 14, according to Freddie Mac’s weekly survey of conforming rates. Before that week, rates had broken record lows for six weeks in a row. Donald Trump won't renew contract with Kluge: Report
Hotel and real estate magnate Donald Trump announced Monday he will not renew Patricia Kluge's contract as vice-president of the Trump Winery. Chartwell Seniors selling six U.S. properties
Chartwell Seniors Housing Real Estate Investment Trust is selling six properties in the United States for about $165.5-million. Landmark Palm Springs hotel sold for $15 Mln
The 57-room Colony Palms Hotel in Palm Springs, a prominent hotel with an interesting history of mobsters and Hollywood stars, has been sold for $15 million, according to a statement. More foreclosures means more fixer uppers
A year after purchasing their Richmond, Virginia, fixer-upper for $290,000 in 2010, Sherry and John Petersik rolled up their sleeves and tackled the outdated kitchen. Own an Italian island for $4.5 Mln
Ever wanted to just get away from the hustle and bustle of it all? Well how about relocating to somewhere completely secluded where no one can bother you. If you have some small change to spare - $4.5 million that is - you can own your very own private island off the coast of Italy. They are called the Maddalena Islands in the Sardinian Sea. Home builder confidence up in May
U.S. home builders’ sentiment increased in June to the highest level in more than five years, according to a report released by the National Association of Homebuilders on Monday. Chinese new home prices fell in May
Chinese new-home prices fell in May from a year earlier in 54 of 70 cities, compared with declines in 43 cities in April, as developers cut prices to boost sales amid housing curbs. Carolyn Murphy's house for sale for $3 Mln
Supermodel Carolyn Murphy, who is selling the exquisite 8,290 square foot home in the west side of Los Angeles, CA, for just under $3 million. Las Vegas mortgage schemer sentenced to 22 years
A former Las Vegas real estate agent was sentenced to nearly 22 years in federal prison Friday or masterminding a mortgage fraud scheme that cost financial institutions more than $24 million. Canadian real estate to rise 3.8 Pct this year
Home sales in Canada is set to rise by 0..3 percent but readjusted estimates put sales of homes at 475,800 homes in 2012 up 3.8 percent from the figures in 2011, according to a report released by the Canadian Real Estate Association on Friday. HGTV 'House Hunters' responds to allegations show is fake
HGTV "House Hunters" came under fire recently after a past show participant said that it's fake, prompting the TV show to reply. Three scammers arrested for real estate fraud
Federal agents have arrested three Southern California men for allegedly running a scam involving short sales that caused more than $10 million in losses, authorities said Friday. Sandestin Real Estate appoints new executive director
Sandestin Real Estate, announced Friday the appointment of Kateri "Kitty" Whitney as the company’s new executive director. 90 Mln homes to be automated in 5 years
Ninety million houses around the world will have some form of home automation system in place by 2017, a study revealed. 'Real Housewives' Melissa Gorga lists holiday home for sale
The "Real Housewives of New Jersey" stars Joe and Melissa Gorga are reportedly selling their Toms River summer vacation home just one month after listing their Montville Township estate in an attempt to ease financial woes. California available real estate up 20 Pct in May
Southern California saw a 20 percent increase in real estate sales in May causing the median price to rise to a 20-month high. HGTV's 'House Hunters' is not really a 'hunt'
HGTV’s “House Hunters” is apparently not a real as “reality TV.” should be. HGTV’s “House Hunters” is apparently not a real as “reality TV. 30-year mortgage rate up to 3.71 Pct
The 30-year fixed mortgage rate rose to 3.71 percent from 3.67 percent a week ago, ending the rate’s six-week decline. This time last year, the average was 4.50 percent, according to the latest data released Thursday by Freddie Mac. Miami luxury condo market booming
Waves of wealthy foreigners are landing on Miami’s shores and buying up millions of dollars worth of vacation condominiums, giving rise to an increase in the real estate market in Florida. Foreclosures up for first time in over 2 years
Homes in foreclosure rose year-over-year in May for the first time in 27 months as banks resumed dealing with distressed properties after a mortgage abuse settlement earlier this year, according to a report released by data firm RealtyTrac on Thursday. U.S. targets landlords in fight against medical marijuana
Federal prosecutors are targeting medical marijuana shops in California, seeking forfeiture of the properties in which they do business. International super-rich target California real estate
The super-rich investors responsible for London's prime real estate bubble are adding California to their wish lists, lured by bargains offering crisis-defying returns as an overdue churn in the United States property market finally gets under way. Breakdown of mortgage rates for past 52 weeks
Average rates on fixed mortgages rose this week, the first increase in seven weeks, according to the latest data released Thursday by Freddie Mac. Mortgage rates up slightly, ending seven week downward trend
Average rates on fixed mortgages rose this week, the first increase in seven weeks, according to the latest data released Thursday by Freddie Mac. June 13: Mortgage rates across the U.S.
Weekly mortgage applications increased to their highest level since 2009, the Mortgage Bankers Association said Wednesday. Applications were up 18 percent from the previous week on a seasonally adjusted basis to their highest level since May 2009. Jim Carrey puts Malibu beach home on the market
Legendary comedy actor Jim Carrey has put his Malibu Beach Home on the market for a cool $13.95 million, according to real estate site Trulia, it’s “priced for immediate sale.” U.S. mortgage applications at highest level since 2009
Weekly mortgage applications increased to their highest level since 2009, the Mortgage Bankers Association said Wednesday. Vornado asset sales could reach $1 Bln: CEO
Vornado Realty Trust could sell more than $1 billion in assets this year, its chief executive said on Tuesday.
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