Investing
Home Prices Rise in November, Most Since 2006
New Home Sales in 2012 Highest in 3 Years
Top 5 U.S. States with Most Homes in Foreclosure
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?
In addition to the qualifying mortgage rules announced earlier in January, CFPB has announced a new set of rules and regulations for mortgage brokers and loan officers. The new rules have been highly criticized by the NAMB- The Association of Mortgage Professionals. 30-year Fixed Mortgage Rates Surge Slightly This Week
Mortgage rates remained flat last week. However, in a recent analysis by Zillow® Mortgage Marketplace, it was found that 30-year fixed mortgage rates had inched up a little after almost a year of stagnancy. Builders Bank on Office Spaces to See Through Sluggish Phase
Real estate firms are optimisti c about building more office spaces as they hope to rope in companies whose office building leases are set to expire. Though the office market has been sluggish of late, hopes are high on the new building construction. Luxury Home Sellers Stick to Prices as High-End Listings Go Down in the U.S.
As the supply of Luxury Homes have declined, more number of sellers are reluctant to cut down home prices. Luxury homes remain listed on the market unclaimed for an average of 248 days throughout the country. Prices of these houses will not be lowered until supply meets the rising demand adequately. Home Prices Rise as New Sellers Join the Housing Market in UK
In a recent survey by real estate listing agency,Rightmove, it was revealed that home prices in the first weeks of January rose significantly with more number of new sellers joining the real estate trading league. The housing market is set to recover after year-long stagnancy. 75 percent of London’s Hot Property, Battersea Power station Phase, Sells Out
Around 75 percent of Battersea Power Station project's Phase, one of the units have sold out. Bookings have already started at a super-fast rate. Phase-one will hold residential units while phase-two will comprise of retail and office space units. Cooper Square in New York to Get a New High Rise at Astor Place
A brand new building is all geared up to break ground soon at 51 Astor Place, Cooper Square. The 13 story building will be used for both office and educational purposes. The building is being developed by Edward J. Minskoff who has negotiated a lease of $97 million for 99 years for the building. 29.3 Percent Americans Own Mortgage Free Homes
In a recent study conducted by Real estate listing Consultancy- Zillow, it was discovered that around 29.3 percent of the home owners were free of any mortgage debt and owned their homes outright. Various financial and demographic factors were taken into account for the study. Barclays Joins UK Mortgage Rate Reduction Stream
Banking Giant Barclays announced that it will slash down mortgage rates up to 1 percent for new home investors. A new scheme, "The family Springboard Mortgage" was announced by the bank that is expected to help customers in financing their investments. Will Walmart Enter Newark’s Springfield Avenue Marketplace?
Newark City's Springfield Avenue Marketplace is slated to be fully functional from 2014. However, contemplation of retail giant Walmart, opening an anchor grocery outlet in the complex has drawn some heated controversy to it.
