Archives
S.Korea end-March household credit growth at 2-1/2-yr low
Oprah is selling her Chicago condo for $2.8M
30-year mortgage rate at another record low
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?
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. Miami Property Prices Rise Significantly For Fourth Consecutive Month
For the fourth consecutive month, Miami home prices posted strong gains in March with the median sales price of condominiums surging 46% compared to a year earlier, according to the latest figures from the Miami Association of Realtors. Bill Ackman And Sam Zell On Turnarounds, Opportunities And Success
Bill Ackman and Sam Zell spoke Thursday at the NYU Shack Institute's annual REIT conference. Jonathan Gray of Blackstone, Bill Ackman and David Shulman (Roland Li/IBTimes) On Thursday, Bill Ackman, the silver-haired hedge fund virtuoso, fielded a challenge in the gleaming dining room of the Pierre Hotel in Manhattan. London Home Buyers Prefer to Live Close to a Tube or Train Station
Buying a property close to a tube or train station in London means forking out tens of thousands of pounds more, research from the Nationwide shows. Special Report: China's Wen in Iceland, Eyes on Arctic Riches
China signed accords on energy cooperation and the Arctic in Iceland on Friday as Premier Wen Jiabao started a tour of northern Europe that will focus on Chinese investment in a continent eager for funds and to trade with the rising world power. Trump Says Makes Turkey Investment Priority
Trump says makes Turkey investment priority A hotel of Turkey American property mogul Donald Trump declared Turkey an ideal investment destination and said on Friday he expected to collaborate more with the Turkish owners of the city's Trump Towers.
