Finance & Mortgage
2016 Housing Trends: More Millennials Will Become Homeowners
Why Is Cash More Preferred In Real Estate Investment?
Financial Giant Blackstone Group Spends $10B on New York Real Estate
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?
Considering 2015's market conditions and interest rates, homebuyers may be able to afford a home in 2016 if they make a purchase early in the year. New York Real Estate: Manhattan Hotel Industry Suffers First Decline in 5 Years
The Manhattan hotel industry suffers first decline in 5 years. The said dip was caused by robust hotel development and investment in Manhattan; with more than 3,400 rooms added in the market last 2015 and a record hotel purchase of the $1.95 billion worth Waldorf Astoria by Anbang Insurance Group. Real Estate Tips: The Best States for Retirees in 2016
Retirees have a different way of defining "quality of life." They consider a range of factors that younger people usually don't including cost of goods and services, taxes, health care access and quality, crime rate and even the weather. Based on all these components, Bankrate evaluated all states in the US and came up with the best places for retirees to live in 2016. Global Real Estate: Slowing Chinese Investment in New Zealand Only Temporary
Chinese investment in New Zealand went down a notch since last October due to new buyer restrictions implemented by the Reserve Bank. The said slowdown is only temporary, according to a head of a company that facilitates the overseas property purchases of Chinese buyers. San Francisco Plans to Double-up On Requirements for Affordable Housing
A plan to require housing developers to provide twice the number of affordable units is set to be unveiled today. Average Long-term US Mortgage Rates Show Mixed Movement; 30-year Fixed-rate Mortgage Rate Down to 3.97 This Week
The key 30-year rate now below the 4 percent mark. While the cost of borrowing money are still below previous record average of 6 percent for a 30-year loan, the average rate on a 30-year fixed-rate mortgage has been modestly rising and falling in the previous weeks. Real Estate News: Miami Market Slows Down as Foreign Investors Take flight; More Condos Coming
The real estate market in Miami, Florida slows down as the foreign investors take flight. However, condominium development keeps coming. London Homeowners Must Protect Homes from the Arctic Freeze
Insurance warns homeowners many not be as fully covered as they think they are. The "big freeze" is impending as the nation is still trying to recover from December floods that brought havoc to so many homes amounting to over £1 billion. Downtown LA’s Arts District Alameda Square Gets Converted to Massive Mixed-Use Complex
Downtown LA's Arts District Alameda Square will be converted to massive mixed-use complex. Also, the developers have already set their eyes on several warehouses in the 7th and 8th streets. Common Mortgage Myth Debunk; Interest Rates Changes, Lower Rates Can be Lowered
Getting a mortgage can be a source of one's frustration at times. However, once you know the process, home buyers can set their expectations properly and eliminate some of the problems.