News
New York’s Monterey Apartment Building Under Contract for $250 Million
Manhattan Inventory Down As Prices Continue to Rise
Whirlpool Stock Up Following Housing Market Improvements
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?
Prince William and Kate Middleton have been granted planning permission to undertake major building work at Anmer Hall, a ten-bedroom Norfolk mansion on the grounds of the royal estate in Sandringham that was given to them by Queen Elizabeth II as a country pad. Fannie Mae Reports Record Profit as Housing Market Rebounds
Fannie Mae, the government-owned mortgage provider, reported a record $7.6 billion in quarterly earnings, its first annual profit since the housing bubble burst, according to documents filed Tuesday morning. Mass. Foreclosure Activity Drops in February, Warren Group Says
Foreclosure activity in Massachusetts decreased in February, largely due to improving economic conditions along with a revitalized real estate market, according to the latest report from the Warren Group released Tuesday. Archaeologists Say ‘Gate to Hell’ in Turkey Could be Pluto’s Gate
Italian scientists believe they may have found the famous "gate to hell" known as Pluto's Gate which the Greeks and Romans believe is the mythical entry into the underworld, the Discovery News reports. Chinese Couples Rushing to Divorce to Avoid Property Taxes
A vast majority of Chinese couples are rushing to the marriage bureaus to divorce each other in order to evade a stringent property tax that local governments are now imposing to curb the red-hot property bubble in the country. Live Like Roman Emperor Tiberius; Via Del Castiglione for Sale at $44 M
The Romans had a flair for architecture and if you ever wanted to live like a Roman emperor, here is your golden chance. The Via Del Castiglione, located in the Italian island of Capri is up for grabs with a price tag of $44.8 million. The magnificent castle is said to be one of the twelve villas of Emperor Tiberius who used it as a holiday home. Reporter Tom Brokaw’s Smithers Hat Rack Ranch Sells for $1.7 M
Legendary TV journalist Tom Brokaw’s fishing ranch located in Smithers, British Columbia, Canada, has sold for $1.7 million. The journalist had listed the estate for sale sometime back in September 2012, asking for $1.8 million. The place has now sold for a slight discount. Increasing Retail Rents in Hong Kong Wiping out Small Businesses from Major Commercial Districts
Small-scale retailers and business owners are being pushed out of the market in Causeway Bay and other shopping districts of Hong Kong due to the sharp increase in rents. With a large number of bigger market players flooding the areas, mom and pop stores and ground level retailers are suffering, because landlords are hiking rents up by almost 50 to 70 percent. Blackstone Group LP Real Estate Arm Acquires Half of Multi Corp’s Debts
Blackstone Group LP’s real estate arm has reportedly taken over almost half of the Netherlands-based mall developer Multi Corp’s debts. The firm has also gained control over one of the latter’s malls in the U.K. South Korea Announces New Plans to Revive Property Market
South Korea announced new plans on Monday to revive its property market which will include offering tax breaks to home buyers and cut borrowing costs.
