Staff writer
Manny Pacquiao just KO’d two other bidders for the home’s ownership. His killer blow came in the form of four tickets to his upcoming megafight at the MGM Grand in Las Vegas, Nevada. Atlantic City, N.J. to slash bond deal, sell casino tax liens
(Reuters) - Atlantic City is expected to slash a bond sale by 71 percent to $40 million because the multitude of uncertainties facing the city have made it difficult to borrow, a city official told Reuters on Wednesday. Shares fall on oil's five-year low; dollar slides
Oil prices slumped to five-year lows on Wednesday and U.S. and European equity markets fell as investors worried about the Greek and Chinese economies withdrew from riskier positions and bought Japanese yen, which rose against the U.S. dollar. Pacquiao To Deliver The Knock-Out Punch Against His Nov. 22 Opponent Chris Algieri?
Manny Pacquiao will be all guns blazing as the Pacman unleashes his fist of fury against Chris Algieri, regarded as the next Oscar De La Hoya, by media reports. HSBC Reveals New Mortgage Rates for Prospective Investors
HSBC introduced new mortgage rates for prospective and fresh property investors. Experts have opined that the rates are the best deals in the market. The new rates will help attract more customers not only augmenting business for the bank but also boosting the real estate market. Nationwide Study Reveals Drop in UK House Prices
In a recent Nationwide study, it was observed that the total housing prices in the U.K. has witnessed a 1 percent slump over the year 2012. Price fluctuations displayed a regional divide. London was observed to be the strongest performing area in the depressed market condition. Kelsey Grammer to Unload Beverly Hills Estate
Kelsey Grammer is counting his money and subsequently, has listed his 8 month old Beverly Hills home up for sale with an asking price of $7,250,000. He had acquired the home in April 2012 for new wife Kayte for around $6,500,000. Miranda Cosgrove Purchases Los Angeles Home for $2.65 Million
iCarly star, Miranda Cosgrove has recently splurged on an exquisite property in Los Angeles which she bought for around $2.65 million. The purchase is her debut stint in the real estate markets. Petra Ecclestone-Stunt Follows in Older Sister’s Steps; Lists London Mansion
Following days of older sister's residence listing, Petra Ecclestone-Stunt has now listed her Eaton Square mansion in London for $52 million. The residence is an 8 floor property with a glamorous touch to it. U.S. Construction Spending Analyzed, Markets to Gain Momentum in Latter Half of 2013
Construction spending in the country went down in November 2012. However, the rates witnessed a growth when compared to the percentage of the previous year at the same time period. Experts believe that with the conclusions of the tax decision, the housing and construction markets will accelerate by the second half of 2013. Housing Property Prices Soar in Singapore
The residential property prices in Singapore have recorded a 1.8 percent rise in the fourth quarter and an annual 2.8 percent hike. The public housing property price index also grew by 2.5 percent. Most Popular Bachelorette Pad - 'Mary Tyler Moore Show' Home Listed for Sale
The residence that was once used for exterior shots of the famous 1970 sitcom "Mary Tyler Moore Show" has been listed for sale in the market with a price tag of $2.895 million. The home was earlier sold in August 2007 for a price not much less than the current cost, $2.8 million. Carrie Underwood 'Blows Away' Tennessee Residence for $372,500
Country music star and 2005 American Idol winner Carrie Underwood has sold her Franklin, Tennessee home for $372,500. The singer listed her house earlier in 2011 for a higher sale price of $419,900. Larry Hagman’s 'Heaven' Selling at Reduced Price
T.V personality Larry Hagman's home was first listed in 2009 for $11 million. However,the California home is now up for grabs with a lesser asking price of $8.45 million. Home Sales to Accelerate in Hong Kong this New Year
Hong Kong's real estate markets will see an upsurge, as housing sales are expected to increase in the city in spite of continuous efforts by the government to curb the prevailing speculations. Nationwide Broadens Mortgage Borrowings Rate to UK Home Buyers
Nationwide Building Society announced it will provide a 95 percent mortgage loan to new home buyers on a condition that they would contribute a sum of money at regular intervals to their savings account for the mortgage. Thor Equities Shells Out $277 million for Retail Block on Madison Avenue
Retail real estate giant Thor Equities has reportedly acquired the 35,000 square foot Madison Avenue lot for a huge sum of $277 million. The space will be used to build a retail space that will sport luxury brands only. 'Marriott Edition' to Launch in Times Square
The new brand of Marriott International, Marriott Edition is all set to launch in the commercial area of Times Square, Manhattan. The hotel will be a much cooler version of its predecessor and intends to attract a younger and hipper clientele. Tamara Ecclestone Lists Chelsea Home
Tamara Ecclestone, one of the heiress of Formula One Racing founder Bernie Ecclestone, has listed her Chelsea home up on the real estate market with a sky-high asking price of of over $26 million excluding stamp duty. Mortgage Restrictions to be Levied on Foreign Investors in Dubai
The Central Bank of U.A.E has limited the percentage of mortgage amount borrowing to 50 percent for foreign investors. Reasons attributed for the cap was to control aggressive lending that was causing bad debts for the banking sector. Harry Smith Enters Williamsburg’s “The Edge” Neighborhood
TV presenter Harry smith has reportedly purchased a Penthouse in the Williamsburg neighborhood of Brooklyn. The penthouse cost Smith around $1.84 million and is located in an amenity laden building, The Edge. South Kensington Street Named UK’s Most Luxurious Street
In a recent study conducted By Lloyd TSB, it was revealed that Egerton Street of South Kensington is the most expensive street in U.K with an average house price of 8.1 million euros. David Duffield purchases Estate in Incline Village
Workday Chairman, David Duffield has recently purchased another Osprey Estate for a sum of $25.5 million in Incline Village, Nevada. This is his second purchase in the area since his alleged purchase in 1999. Sky City in China to be Built in 90 days
Chinese Construction Company, Broad Group has declared that it will build the tallest building in the world in just three months. The "Sky City One" will boast of 220 floors and will be 838 meters high, 10 meters taller than the Burj Khalifa. Meg Ryan Wants to Buy Uptown Home in New York
Meg Ryan is looking for a residence in the Upper east Side. She has set her sights on a $7.2 million residence located at 907 Fifth Avenue in New York. Cooled Conservatories Wins World Building of the Year Award
The World Architecture Festival has decided on the best building of the world. Under the category of "Completed Buildings"- The Cooled Conservatory in Marina Bay, Singapore- designed by Wilkinson Eyre bagged the "World building of the Year" award. Dubai’s JW Marriott Marquis Crowned Tallest Hotel by Guinness World Records
The JW Marriott Marquis Hotel has reportedly been crowned the world's tallest hotel by Guinness Book of World Records. The hotel is a two towered, 77-story building that is 335 meters tall, only 26 meters shorter than The Empire State Building in New York. Moscow, Miami and Dubai Lucrative Real Estate Markets for 2013
As per an annual property report conducted by Real estate agency- Knight Frank, it was forecast that Dubai, Moscow and Miami will be the most prosperous and strong housing market performers in 2013. 2012 The Best Year for Housing Business in Manhattan
Manhattan's housing sector saw a commendable surge making 2012 one of the best years for real estate business in the area. Sales and Prices of apartments and condos, both expensive and low priced alike, went up by notches. Park Avenue South to See Rise of Stylish Buildings
Park Avenue South will soon become a posh living area with three luxury condominiums on its way. The luxury building have been designed by architects and renowned designers and developers.
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