Buy & Sell
Prime Develpoment Locations Become Scarce, Florida Builders Turn To Condos and Cooperative Buildings
Celebrity Homes For Sale: Cameron Mathison Sells His Harlem Brownstone House For $2.89M
Celebrity Homes For Sale: Singer Cher Sells Her Mansion In Malibu's Point Dume For $10M
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?
Raja Bell, a retired NBA star, had put his Miami condo for sale in October for $999,000. This November, the price was cut to $925,000. The reduction of the price of Bell’s condo comes in the wake of a variety of other moves by him to scale back. Blackstone Group Sells the London Hotel in Midtown for $382M
Blackstone Group has sold the London Hotel in Midtown for $382 million, or $678,000 per room, to the Abu Dhabi Investment Authority. The Hyatt Times Square and the Marriott Edition on Madison Square Park are also owned by the Abu Dhabi Investment Authority, which is expected to retain the current management team. Celebrity Real Estate: Comedian Tim Allen Lists Bel Air Home for $1.95M
Comedian Tim Allen, also known as Tim “The Toolman” and Taylor to TV fans, listed his Bel Air home for $1.95 million – and what’s interesting is it doesn’t need any home improvement. Built in 1963, the 2,604-square-foot home is cozy, but the space is practically Taylor-made and great for entertaining guests. Celebrity Real Estate: Pop Star Selena Gomez Sells Party-Friendly House
Singer and actress Selena Gomez is selling her Calabasas party-friendly home for $4.495 million. Singer and actress Selena Gomez is selling her Calabasas party-friendly home for $4. Higher Loan Limits For 39 High-Cost Counties Buyers In 2016
The Federal Housing Finance Agency (FHFA) announced to raise maximum loan limit conforming to Fannie Mae and Freddie Mac guidelines among the 39 high - cost counties in 2016. October Home Sales In Maine A “Flat Line” – First Time It Happened In 11 Months
A noticeable freeze in activity is seen in home sales in Maine in October. Experts say that this is the first time it happened after months of positive activity. New York Landmarks: The Iconic Palace Theater In Times Square Gets a $2 Billion Facelift
The historic Palace Theater gets a $2B restoration plan The iconic Palace Theater in Times Square, New York, is getting ready for a huge restoration plan! The Wall Street Journal reports that in an effort to preserve the landmark, The New York City Preservation Commission recently just approved a $2 billion plan of integrating a 704-room hotel just right above it. U.S. Renters Least Prioritize Down Payments for a Home
A low percentage of homeowners opting to pay a downpayment is evident in the latest Freddie Mac Online Survey. And only 39% of the online takers think that a down payment is a vital part of their savings. U.S. Foreclosures At Record Low Since 2005
Mortgage Banker's Association's National Delinquency Survey showed a seasonally adjusted rate decrease of 4.99 percent in overall outstanding loans for one-to-four-unit residential properties at the end of 2015's third quarter; the lowest since the first quarter of 2007. The delinquency rate plummeted 31 basis points from the previous quarter, and 86 basis points from a year ago, World Property Journal reports. Online Real Estate Boosts Growth for Small Startups
The interest in the real estate business is evidently flourishing online and there is a dramatic possibility of increase in the near future with the potential data brought by buyers and sellers.
