News
US Strip-Mall Vacancy Falls 1st Time in 7 Years
China Drought 2012: Three-Year-Long Dry Land Pictures
Texas Tornado 2012: Flight Cancellations Continue at DFW Airport
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 seems Indian business conglomerates are increasingly getting smitten by iconic brands and landmarks across the globe. Buyers Who Can’t Afford High London Prices Looking Further Afield
Buyers who can no longer afford the steep prices of property in London are increasingly moving outwards and seeking new homes in the surrounding counties, the Cotswolds and even further afield. Reforms to Encourage More Private Investment in UK Social Housing
Moves to encourage more private investment in social housing through Real Estate Investment Trusts have been announced by ministers in the UK. Property Asking Prices in New Zealand Reach Record Levels
The message coming from the property market in New Zealand is that buyers are out and about and keen to get into the market, whether they are first time buyers, mid life stage buyers or even investors, according to the March 2012 NZ Property Report. Manhattan Office Property Rents Rising
Manhattan Office Property Rents Rising Manhattan Office Property Rents Rising Office rents in Manhattan are increasing again with the average asking rent reaching $58. Wyoming Town - Population 1 - Sells For $900,000 to Vietnamese Buyer
The town of Buford, Wyoming - population 1 - was sold for $900,000 to an unidentified buyer from Vietnam on Thursday after an 11-minute Internet auction that attracted worldwide interest. Fed Rules on Turning Foreclosures into Rentals
The Federal Reserve took steps to encourage banks to turn more of their foreclosed homes into rental properties in new policy guidelines issued on Thursday that could help lessen the flood of distressed property sales that is depressing prices. Ukrainian Billionaire Takes Over 14 Wall Street
Ukrainian billionaire Alex Rovt has stepped in to pay off the loans on landmark office building 14 Wall Street, leaving former co-owner Capstone Equities as manager and leasing agent and former co-owner Carlyle Group LP out of the deal, a source familiar with the deal said on Thursday. Morgan Stanley CEO Took Home $13 Mln in 2011
Morgan Stanley Chief Executive James Gorman took home compensation totaling $13 million in 2011, down 14.5 percent from 2010, in contrast to the increases enjoyed by other big Wall Street CEOs. U.S. Mortgage Rates Ticks Down To 3.98%: Freddie Mac
U.S. 30-year fixed-rate mortgages declined slightly to 3.98 percent in the week ending April 5 as recent economic indicators were mixed, mortgage finance giant Freddie Mac said Thursday.
