Investing

Buffett: House ‘Attractive Investment’

What does Warren Buffett, one of the richest men on earth and one of the greatest investors ever say about buying homes? Yesterday on CNBC's program "Squawk Box" Mr. Buffet said that if it were practical he would buy a "couple hundred thousand of them." When asked about whether buyers should get into the market Buffett said, "If I knew where I wanted to live the next 5-10 years I would get a 30 year fixed mortgage and buy a home."

Trump to Purchase Miami's Doral Resort for $150 Million

Donald J. Trump announced the deal on Monday, saying he was paying $150 million for the 50-year-old Doral Hotel and Country Club, a 700-room resort on the northwest outskirts of Miami with four championship golf courses, including the Blue Monster.

Low Interest Rates Boost Refinancing Opportunities for Seniors

Seniors housing owners hoping to refinance their properties this year will find money available, though lenders are cautious and still have fairly strict underwriting standards.