Finance & Mortgage
Real Estate News: Home Mortgage Rates Increase as U.S. Housing Crisis Recovers
Real Estate News: Majority of Homebuyers to Pursue Home Search Despite Possible Interest Rate Hike by US Federal Reserve, Zillow Says
NY Real Estate and Property News: Homeless Rate will Increase Next Year, Projects Mayor de Blasio
EDITOR'S PICKS
-
Gov. Gavin Newsom Expedites Temporary Housing For Residents In Areas Struck By LA Wildfires
-
Pasadena Native Lost Her House To LA Wildfires One Day After Paying Off Her Mortgage: 'It's Gone'
-
How The Mircale Malibu Mansion And Pacific Palisades Home Survived The Devastating LA Fires
-
What Happens To Your Mortgage And Property Tax When You Lose Your Home In A Natural Disaster?
A San Francisco-based Wells Fargo Bank is moving to a new home on the Far West Side of New York. It was confirmed Friday that Wells Fargo Securities has signed on to make 30 Hudson Yards their new home by 2020, thanks to a financial package worth $5 billion. Celebrity Real Estate: Jeremy Shockey, Two-Time Super Bowl Champ, is Selling Miami Penthouse
The Miami Beach home of Jeremy Shockey, a two-time super bowl champ who helped the New Orleans Saints and the New York Giants claim the Lombardi Trophy, is listed on the market for $3 million. Real Estate Tips: Simple and Achievable Ways to Satisfy Home Buyers
Here are some simple and achievable ways to satisfy home buyers. Home buyers are just as emotional as the person selling his own home. This is one of the many reasons why an agent should always approach his clients with utmost enthusiasm and consideration in order to satisfy them. Real Estate News: Nearly Half Of Renters In The US Are Unable To Meet Monthly Rental Payments
Harvard’s Joint Center for Housing Studies report more and more families are unable to make regular rental payments. Rent increase compared to wages owing to more money spent on rent than food and healthcare. Asian Institutional Funds To Channel $240B Into Global Property Market By 2020
The global property market will enjoy a major boost by 2020 thanks to Asian institution investors, particularly those hailing from Hong Kong and mainland China. According to a survey by CBRE, Asia Pacific institutional investors are expected to shell out $240 billion. As a matter of fact, about $260 billion has already been allocated by regional investors into the global property market. Australia's Apartment Boom Could Result To 'Rising Vacancy And Reduced Rents' In Melbourne, Brisbane
CommBank Property Insights thinks that Melbourne and Brisbane will be the most hit by the historic apartment boom in the country from next year, Robert Harley of Financial Review reports. India's New Real Estate Bill Good News For Home Buyers
The Cabinet has recently cleared a Bill which, if enacted, would encourage real estate developers to rely on joint ventures with land owners since there will be less surplus cash available to buy land, according to India Ratings and Research (Ind-Ra) in a report by Ravi Teja Sharma on the Economic Times. Foreign Real Estate Investors Unfazed By Strong US Dollar
There is no stopping foreign investments from coming in the US real estate market even if the dollar is proving to remain strong, says real estate expert, in a report by Gregg Greenberg on The Street. Mortgage Market Update: Job Openings Went Down, Retail Sales Increase, Jobless Claims Increase
US Labor Department reports that job openings went down by 2.7% in October, leading to a 5.38 million reading. The percentage figure is in comparison to September's results that lead to a 5.5 million job reading and the all time high results of July's reading which is 5.67 million. The October reading is actually the third highest since 2009 when the recession ended. Analysts report that the gap between the job skills applicants bring in and the job skills employers seeks for do affect the entire hiring process. However, the fewer job openings can also mean that the said gap is already closing. Exclusive Real Estate Update: LaGuardia Airport, Home of the Homeless Squatters
The number of homeless squatters living at LaGuardia Airport has increased in the past year, turning the place into a flophouse, where they sleep, eat and wash up, while competing with the passengers for space, according to Port Authority sources.
