News
Over 30 Pct of US homeowners with mortgages are underwater
Canada home prices rise 5.2 pct in April: CREA
Asia private equity funds line up dollars for Myanmar
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?
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. Oprah is selling her Chicago condo for $2.8M
Now you can live like Oprah, literally. Oprah Winfrey has put up her eight-room, 4,607-square-foot Streeterville, Chicago co-op unit on the market on Tuesday for $2.8 million, half of what she paid for the unit in 2006. 30-year mortgage rate at another record low
Mortgage rates dipped slightly lower, setting another all-time record for interest rates on the 30-year fixed-rate mortgage on Thursday, according to the latest data released Thursday by Freddie Mac. Chinese developers face survival test as funding crunch intensifies
The funding crisis for mainland Chinese property developers is intensifying, ratings agencies say, with real-estate builders facing spiking borrowing costs and a limited ability to raise cash at a time when sales and economic growth are slowing. China disperses $10 bln of public housing funds
China's Ministry of Finance said on Thursday it had given 66 billion yuan ($10.5 billion) to local governments to help build public housing for rent, one of five categories of state-subsidised affordable housing. Supreme Court rules families cannot sue over loan discount fee
The Supreme Court ruled on Thursday that loan applicants cannot sue a mortgage company for charging them a loan discount fee without giving them a loan discount. The unanimous ruling was a defeat for three couples in Louisiana, who claimed that Quicken Loans overcharged them as much as $1,100 at their mortgage closings for a "loan discount" or "processing" fee. Trump Flies into Ex-Soviet Georgia For Tower Project
American property mogul Donald Trump flew into the former Soviet republic of Georgia on Saturday to expand his global real estate empire, lending his name to a glitzy tower on the Black Sea coast there.