News

FBI to Move Headquarters; Looking for Better Sites

The FBI is geared up to shift base from its existing J. Edgar Hoover building in Pennsylvania Avenue, Washington D.C. The G.S.A announced in a press meet that it was looking for developers to buy the building.

The Hottest Neighborhoods of America for 2013

Zillow has compiled a list of neighborhoods that will be the most popular in 2013. Zillow surveyed more than 5100 neighborhoods in more than a 100 cities to put together the list of the most popular neighborhoods of America in 2013. Home appreciation values were analyzed to arrive at the list.

Time Warner Considering Sale of its New York Headquarters

Media Giant, Time Warner is contemplating selling its Columbia Circle Headquarters, The Time Warner Center. The company has requested three real estate firms to calculate the building's net worth. However, it has not decided on the sale yet. Various other options like leasing the building have also been considered.
  • Steve Guttenberg's Pacific Palisades Home up for Rent
    The "Police Academy" star, Steve Gutenberg is renting his Pacific Palisades home with a monthly rental of just $12000 a month. The Spanish style home is a comfortable place that provides picturesque views.
  • Carly Simon’s New York Pied-a-Terre Re-listed for $2.4 million
    The "You're so Vain" singer, Carly Simon has re-listed her New York Pied-a-Terre for $2.4 million after price chopping and taking the home on and off the market several times. The home was first listed in March 2008 with an asking price of $3.8 million.
  • Patricia Heaton Lists Los Angeles Residence for $8.2 million
    Eminent T.V personality, Patricia Heaton has listed her Hancock Park home in Los Angeles on the open market with an asking price of $8.2 million. She had earlier tried to unload the property by private listing and priced the home at $12 million. Failing to sell then, the place has popped up in the public market.
  • Kurt Warner’s Arizona Home to be Auctioned
    Former NFL superstar, Kurt Warner's Arizona mansion will go under a private auction on Feb 27, 2013. The Home was first listed in 2011, asking for $5 million. However, its inability to sell over the years led Warner to put up the house for a private auction.
  • London’s Legendary Smithfield Marketplace to be Redeveloped
    London's historic Smithfield Marketplace will undergo redevelopment as plans for the renovation will be submitted to the city later in February, 2013. An Australian development group, Henderson Global Investors will be handling the $258.2 million renovation project.
  • Pershing Square in LA to Get Major Makeover
    The oldest public plaza of Los Angeles, Pershing Square is all geared up to receive a makeover again. Seed money for the new improvements will be financed by leading entertainment and sports firm, AEG, who have sanctioned a $7 million grant for the development of the park.
  • The Grand Central of New York Celebrates 100 Years
    "The Grand Central Station" celebrated 100 years of its standing glory on February 1, 2013. The Famous building is the largest station in the world with 44 high end platforms and 67 tracks. New Yorkers celebrated their beloved building's birthday with much pomp and glory.
  • No-Money-Down Mortgage Loans Back in the Market
    100 percent financing home loans or the No-Money-Down Mortgage payments have reportedly bounced back into the market but will only be available to affluent buyers. Banks and lending institutions claim that the loans are back due to high demand and are a much safer option where wealthy investors are concerned.
  • China home price inflation quickens in Jan - survey
    Average home prices in China's 100 biggest cities rose 1 percent in January from December, quickening from the 0.2 percent pace in the previous month and marking the eighth consecutive monthly rise, a private survey showed on Friday.
  • Spain real estate hit to weigh on BBVA 2012 earnings
    BBVA, Spain's second-biggest lender, is expected to report sharply lower earnings on Friday as growing income from emerging markets will not be enough to offset losses from soured property assets at home.