News
US homes for sale drop in some cities
Penthouse in N.Y. sells for record price $90 Mln
Over 30 Pct of US homeowners with mortgages are underwater
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?
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. 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.
