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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?
Lehman Brothers Holdings Inc said it would acquire the remaining 26.5 percent of apartment company Archstone that it didn't already own from Barclays Capital and Bank of America Corp for almost $1.6 billion, putting an end to a dispute with the banks over the price US homes for sale drop in some cities
The number of homes for sale in April hit a 6.6-month supply, down from 9.1 months a year ago, according to a National Association of Realtors report. Penthouse in N.Y. sells for record price $90 Mln
A mystery buyer has agreed to pay more than $90 million for the duplex penthouse at a Midtown tower with sweeping views of Central Park, a record price for New York, according to the New York Times. Over 30 Pct of US homeowners with mortgages are underwater
In the face of rising home prices, over 30 percent of borrowers, or close to 16 million homeowners, were underwater on their mortgage payment during the first quarter of 2012, according to Zillow. Canada home prices rise 5.2 pct in April: CREA
Canadian home prices climbed 5.2 percent in April from a year earlier, boosted by strong gains in the Toronto market as well as increases in Vancouver and Calgary, the Canadian Real Estate Association (CREA) said on Friday. Asia private equity funds line up dollars for Myanmar
Hong Kong's Cube Capital and Marc Faber-backed Leopard Capital are among Asian private equity firms lining up nearly $500 million aimed at Myanmar, hoping to tap into its rich natural resources and fill its infrastructure void, as sanctions on the former pariah state are lifted. Smokers Have Hard Time in NYC Rental Market
It's incredibly difficult for smokers to find a rental unit these days, even in large metropolitan areas like New York City. A quick Craigslist search by The New York Times only netted four units in all five boroughs. Goldman Sachs to invest $1.3M in Japan real estate this summer
Goldman Sachs Group Inc. announced plans to launch a private real-estate investment trust in Japan this summer, according to news reports. Quintain Estates founder Adrian Wyatt steps down
British property investor Quintain Estates and Developments has appointed Maxwell James as chief executive, replacing its founder Adrian Wyatt. S.Korea end-March household credit growth at 2-1/2-yr low
South Korea's household credit grew at the slowest annual pace in two and a half years at the end of March due to a sluggish real estate market and weak economic activity, quarterly central bank data showed on Thursday.
