Investing
Obama 5% of salary: President Gives Back to Sequestration
Ohio Real Estate Executive Charged with $225,000 Construction Scheme
Real Estate Investors Expressing Caution in the Housing Market
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 average Manhattan apartment sale price of $1.252 million was down 16 percent from the first quarter of 2012, according to a report released by Brown Harris Stevens. ZeekRewards Scam: N.C. Town Dream Turned Nightmare
About 8 months after federal authorities closed the penny auction website ZeekRewards on fraud allegations, Lexington, N.C., has yet to recover from its devastating impact. New Office and Residential Tower Planned in San Francisco
A new office and residential tower is all set to grace the skyline of downtown San Francisco. The 54-story high rise will be located on a parcel just next to Transbay Terminal and will be developed by famous construction firm, Jay Paul Company. Construction on the project will begin almost immediately and the total project cost will be around $375 million. San Francisco Housing Authority to Run Out of Cash by May: Reports
The San Francisco Housing Authority, which is responsible for providing homes for 41,500 low-income residents, is projected to run out of cash in two months and have a deficit of $6.4 million by the end of its fiscal year in September, according to reports. Section 8 Housing Does Not De-Value Neighborhood, Increase Crime: Study Says
Communities where some renters use housing choice vouchers, or Section 8 vouchers as they're more commonly known as, have worried fellow residents that it may result in a crime spurt and drop the property values. However, a new study debunks that myth. Housing Market Recovery: What's Different This Time?
Housing market recovery is more than an optimistic dream now; it’s a reality with tangible components. Existing home sales increased for the 20th consecutive month and existing home prices have beaten last year levels for the 12th consecutive month, as well. Update: Cole Credit to Consider American Realty’s $6.7 Billion Buying Bid; Shareholders Request Blocking Internal Merger
The Buyout bid of American Realty Capital Properties to take over Cole Credit Property Trust is now seeing some improvements. Cole Credit will be considering the increased and improved takeover offer worth $6.7 billion.Additionally, shareholders of Cole Credit have filed a lawsuit against the company seeking to block the Cole Holdings internal Merger. Fixed-Rate Mortgages on New Rising Spree
While remaining close to its historic lows, the average rate on fixed mortgages increased this week, Freddie Mac announced Thursday. Update: American Realty Increases Buying Bid for Cole Credit
American Realty Capital Properties has increased its bid to buy Cole Credit Properties to $6.7 billion from its initial $5.7 billion offer. The new amount adds up to around $9.7 billion, inclusive of debts. "Another Housing Bubble?" Home Price Spike Fuels Analysts' Concern
As the housing prices continue their skyrocketing, with recent numbers showing it at a 5-year high, analysts are beginning to wonder: “Is this another real estate bubble?”
