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China Construction America Purchases New Jersey Office Building for $71 Million
World’s Oldest Harbor Discovered in Suez, Egypt (VIDEO)
Fertilizer Plant Explodes in Texas Injuring Many and Leveling Nearby Buildings (VIDEO)
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?
Andy Warhol's former townhome in New York City is up for sale and is priced at a cool $5.795 million. The World’s Tallest Building Burj Khalifa Sways and Creaks in a Storm (VIDEO)
If Tom Cruise ever heard how the Burj Khalifa creaks when a storm hits the city, he would have worn his harness throughout the shoot of “Mission Impossible: Ghost Protocol” in the building. Yes! the world’s tallest building, the Burj Khalifa, Dubai sways and creaks like a rickety old ship, sailing in rough ocean waters. Christopher Meloni Unloading Resort-like Estate in New Canaan for $4.7 Million
Christopher Meloni of the “Law and Order” fame has reportedly hauled his resort-like estate in New Canaan, Connecticut, on the open listing market asking for $4.7 million. Meloni and his wife had purchased the property just back in August 2012 for around $4.3 million. Survey: Smoking in the house Reduces Its Sale Value
According to a survey conducted on a group of realtors in Ontario, Canada, it was found that smoking in the house could bring down a home’s resale value by almost 30 percent. Around 401 real estate brokers agreed that a home which has been “smoked-in” is harder to sell than a “fume-clean” one. Aldersgate Investment Management Wins Approval to Build UK’s Most Expensive Mansion
Aldersgate Investment Management, a real estate firm managed by billionaire property investors, Simon and David Reuben, has acquired approval of the city council of London to build the U.K.’s most expensive single-family home. Blackstone Group LP Plans to Invest Extensively in Asian Real Estate Market
The famous Asset management and financial services company, Blackstone Group LP is planning to invest extensively in the Asian property market amid volatile economic conditions of the region. Russian Heiress Ekaterina Rybolovleva Buys Greek Private Island, Skorpios
Ekaterina Rybolovleva, the 24-year-old daughter of fertilizer juggernaut, Dmitry Rybolovleva has reportedly purchased the private islands of Skorpios in Greece for an undisclosed amount. The island was sold by Athina Onassis Roussel, the sole surviving child of late shipping magnate, Aristotle Onassis. Katy Perry To Buy Two Adjoining Properties in Hollywood Hills
Rumors have it that pop princess; Katy Perry is reportedly under contract to buy two adjoining properties in the posh area of Hollywood Hills for an unknown purchase amount. Five Trendy Home Libraries for Book Lovers (SLIDESHOW)
With the onset of technology and e-books, print might have lost its charms. However, for book lovers, the scent of the pages can never be replaced by a touch-screen. Creating a home-library can be a daunting task. A thousand questions cram up the nooks of your mind from where to start to maintenance of the library. While you figure out the how, when and where, take a look at the stunning home library ideas in the slideshow here. Rising Prices of Construction Material Slowing Builders' Confidence, NAHB Report
Building sentiment among construction firms and major builders shed two points from March to fall to 42 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), continuing the downtrend since February 2013. The constant decline has been attributed to the rising construction material prices.
