Staff Reporter
Home prices edged higher for the second month in a row in March, suggesting prices are stabilizing as the housing recovery gains momentum. Home prices rise in most major US cities: S&P
U.S. home prices in 20 cities ended the first quarter at the lowest levels since the housing crisis began in mid-2006, according to Standard & Poor's Case-Shiller home-price indexes. Kim Kardashian's stunning $5 Mln home in Beverly Hills
All the buzz is about Keeping up with the Kardashian’s these days – with Kourtney, Kim and Khloe Kardashian launching clothing lines, perfumes, their reality shows – they have slowly built up a huge empire. Brazil's PDG Realty shares rise on new offer
Shares of PDG Realty, Brazil's largest home building company, rose on Monday following an offer from a local private-equity firm. TEXT-S&P summary: Japan Retail Fund Investment Corp.
These strengths, however, are tempered by JRF's somewhat weak financial profile compared with its business profile, given that its debt-to-capital ratio remains slightly high, at a level near the upper end of the target range set under its financial policy. We view this as a risk factor for the J-REIT's credit quality. Spring revival for America's housing market
Kate Carpenter and her husband waited for two years before sensing the time was right to look to buy a home in the suburbs of New York. Deutsche Wohnen invests in German real estate
German real estate group Deutsche Wohnen announced Monday it will buy a real estate portfolio for 1.24 billion euros ($1.55 billion) from Barclays, according to a report. Goldman readies lower-risk return to Japan property
Goldman Sachs is returning to the Japanese property market after a four-year hiatus, looking to raise as much as 400 billion yen ($5 billion) over four years for a privately held real estate trust, a source said. Chris Brown selling his penthouse leaving neighbors overjoyed
Chris Brown is selling his West Hollywood penthouse following a number of arguments with neighbors since he moved in last year. Top Ten cities with the most foreclosure homes
Good news for potential and current home owners; the worst effects of the housing crisis are beginning to wind down, according to a report. Gunman in Indiana standoff dies in real estate office
A gunman took hostages in an Indiana real estate office on Friday, releasing them only eight hours later before shooting himself in the head, according to reports. Rent Leonardo DiCaprio's Malibu place for $75,000 a month
Actor Leonardo DiCaprio is renting one his homes in Malibu, California for a cool $75,000 a month, according to Zillow. Lehman to acquire rest of Archstone for $1.58 Bln
Lehman Brothers Holdings Inc said it would acquire the remaining 26.5 percent of apartment company Archstone that it didn't already own from Barclays Capital and Bank of America Corp for almost $1.6 billion, putting an end to a dispute with the banks over the price US homes for sale drop in some cities
The number of homes for sale in April hit a 6.6-month supply, down from 9.1 months a year ago, according to a National Association of Realtors report. Penthouse in N.Y. sells for record price $90 Mln
A mystery buyer has agreed to pay more than $90 million for the duplex penthouse at a Midtown tower with sweeping views of Central Park, a record price for New York, according to the New York Times. Over 30 Pct of US homeowners with mortgages are underwater
In the face of rising home prices, over 30 percent of borrowers, or close to 16 million homeowners, were underwater on their mortgage payment during the first quarter of 2012, according to Zillow. Canada home prices rise 5.2 pct in April: CREA
Canadian home prices climbed 5.2 percent in April from a year earlier, boosted by strong gains in the Toronto market as well as increases in Vancouver and Calgary, the Canadian Real Estate Association (CREA) said on Friday. Asia private equity funds line up dollars for Myanmar
Hong Kong's Cube Capital and Marc Faber-backed Leopard Capital are among Asian private equity firms lining up nearly $500 million aimed at Myanmar, hoping to tap into its rich natural resources and fill its infrastructure void, as sanctions on the former pariah state are lifted. Smokers Have Hard Time in NYC Rental Market
It's incredibly difficult for smokers to find a rental unit these days, even in large metropolitan areas like New York City. A quick Craigslist search by The New York Times only netted four units in all five boroughs. Goldman Sachs to invest $1.3M in Japan real estate this summer
Goldman Sachs Group Inc. announced plans to launch a private real-estate investment trust in Japan this summer, according to news reports. Scarlett Johansson & Ryan Reynolds's former home for sale
Scarlett Johansson and Ryan Reynolds have put their Los Angeles home on the market a little over six months after finalizing their divorce. Quintain Estates founder Adrian Wyatt steps down
British property investor Quintain Estates and Developments has appointed Maxwell James as chief executive, replacing its founder Adrian Wyatt. S.Korea end-March household credit growth at 2-1/2-yr low
South Korea's household credit grew at the slowest annual pace in two and a half years at the end of March due to a sluggish real estate market and weak economic activity, quarterly central bank data showed on Thursday. Oprah is selling her Chicago condo for $2.8M
Now you can live like Oprah, literally. Oprah Winfrey has put up her eight-room, 4,607-square-foot Streeterville, Chicago co-op unit on the market on Tuesday for $2.8 million, half of what she paid for the unit in 2006. 30-year mortgage rate at another record low
Mortgage rates dipped slightly lower, setting another all-time record for interest rates on the 30-year fixed-rate mortgage on Thursday, according to the latest data released Thursday by Freddie Mac. Chinese developers face survival test as funding crunch intensifies
The funding crisis for mainland Chinese property developers is intensifying, ratings agencies say, with real-estate builders facing spiking borrowing costs and a limited ability to raise cash at a time when sales and economic growth are slowing. China disperses $10 bln of public housing funds
China's Ministry of Finance said on Thursday it had given 66 billion yuan ($10.5 billion) to local governments to help build public housing for rent, one of five categories of state-subsidised affordable housing. Supreme Court rules families cannot sue over loan discount fee
The Supreme Court ruled on Thursday that loan applicants cannot sue a mortgage company for charging them a loan discount fee without giving them a loan discount. The unanimous ruling was a defeat for three couples in Louisiana, who claimed that Quicken Loans overcharged them as much as $1,100 at their mortgage closings for a "loan discount" or "processing" fee. Trump Flies into Ex-Soviet Georgia For Tower Project
American property mogul Donald Trump flew into the former Soviet republic of Georgia on Saturday to expand his global real estate empire, lending his name to a glitzy tower on the Black Sea coast there. Bank of Canada Head Urges Caution on Housing Market
Parts of the Canadian housing market, especially condominiums in some major cities, have seen prices jump to levels that warrant caution, the head of the country's central bank said in an interview broadcast on Saturday.
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?
