News

Pending home sales edge up 3.4 percent in March; NAR

Pending home sales in the U.S. went up 3.4 percent in March 2014 making it the first gain in the previous nine months, the National Association of Realtors (NAR) announced Monday.

Mary-Kate Olsen and Olivier Sarkozy buy New York townhouse for $13.5 million

Mary-Kate Olsen, the petite “Full House” actress and her fiancé Olivier Sarkozy have reportedly picked up a New York townhouse located in the Turtle Bay Gardens area for $13.5 million.

Update: Fannie Mae and Freddie Mac Elimination bill to be discussed in senate

The bill to wind down Fannie Mae and Freddie Mac, the two government backed mortgage giants that were rescued after the housing market crash in 2008, will be discussed in the senate Tuesday as officials gather to decide the fate of the two lending firms.