Investing
Australian Real Estate Market Indicates Positive Patterns; New Home Sales Increase
US Apartment Rents Increase while Vacancy Rates Fall
US Office Space Demand on a Slow Track
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 commercial real estate markets of California will be witnessing a mounting surge as more number of investors are taking advantage of the prevailing low rents and high vacancy rates. Builders believe that the value of properties will rise subsequently in 2013. HSBC Reveals New Mortgage Rates for Prospective Investors
HSBC introduced new mortgage rates for prospective and fresh property investors. Experts have opined that the rates are the best deals in the market. The new rates will help attract more customers not only augmenting business for the bank but also boosting the real estate market. Nationwide Study Reveals Drop in UK House Prices
In a recent Nationwide study, it was observed that the total housing prices in the U.K. has witnessed a 1 percent slump over the year 2012. Price fluctuations displayed a regional divide. London was observed to be the strongest performing area in the depressed market condition. U.S. Construction Spending Analyzed, Markets to Gain Momentum in Latter Half of 2013
Construction spending in the country went down in November 2012. However, the rates witnessed a growth when compared to the percentage of the previous year at the same time period. Experts believe that with the conclusions of the tax decision, the housing and construction markets will accelerate by the second half of 2013. Housing Property Prices Soar in Singapore
The residential property prices in Singapore have recorded a 1.8 percent rise in the fourth quarter and an annual 2.8 percent hike. The public housing property price index also grew by 2.5 percent. Home Sales to Accelerate in Hong Kong this New Year
Hong Kong's real estate markets will see an upsurge, as housing sales are expected to increase in the city in spite of continuous efforts by the government to curb the prevailing speculations. Nationwide Broadens Mortgage Borrowings Rate to UK Home Buyers
Nationwide Building Society announced it will provide a 95 percent mortgage loan to new home buyers on a condition that they would contribute a sum of money at regular intervals to their savings account for the mortgage. Genworth Names Thomas McInerney CEO
Genworth Financial Inc named Thomas McInerney chief executive as the insurer looks to move past the billions of dollars in losses from its mortgage insurance business. Chestnut Hill Realty Buy Two Framingham Apartments for $85M
Chestnut Hill Realty has paid $84.5 million for two apartment complexes with a combined 581 units in Framingham, Mass. Brazil Offers New Tax Breaks As Economy Sputters
Brazil's government on Tuesday extended tax breaks to the country's construction industry in a new effort to encourage investment and boost flagging growth in the world's sixth-largest economy.
