News
JPMorgan Chase Receives $100 Million New Markets Tax Credits Award
Hard-Hit Florida and Arizona Property Markets Rebound, at Least for Apartment Developers
FHFA: U.S. House Prices Fell 0.1% in 4-qtr 2011
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?
The average first-time buyer(FTBs) in Scotland spent 11.1% of their income on mortgage interest payments in the last quarter of 2011, lower than anywhere else in the UK, according to new figures released today by the Council of Mortgage Lenders in Scotland. Jeremy Lin’s rent deal done
Jeremy Lin, a rising basketball star just two weeks ago, signed a contract to rent a 38th floor furnished condo at the W New York Downtown Hotel. Citigroup and Northland Capital assign 'Buy' rating on Bovis Homes
Bovis Homes Group, the builder of traditional homes in England and Wales is scheduled to report its preliminary 2011 results on Monday, February 27 amid reports that Citigroup has assigned "Buy" rating on the stock, while Panmure Gordon recommends "Hold" rating with a target price of 450 pence per share. Sears Holdings will sell 11 stores for needed $770 million
Sears Holdings Corporation & General Growth Properties had reached a definitive agreement for the acquisition of 11 Sears anchor pads with its portfolio for $270 million on Thursday. Buyer competition in prime Central London much fiercer
Sustained domestic and overseas demand for property in prime Central London has caused a further 25% drop in stock levels at the start of this year, reports property consultants Cluttons. Plaza Hotel's $33.5 Million, $8.3 Million Condos Sold
Manhattan's venerable Plaza Hotel, site of a $48 million sale in 2011, has seen two more big deals to start off 2012. One of the building's penthouses, #PH2009, has been sold, according to StreetEasy. The deal hasn't closed yet, but the last asking price was $33.5 million. China City 'clarifies' policy on second-home purchases
People who have held Shanghai resident cards for more than three years are eligible to buy a second home despite their non-permanent residence status, a municipal housing official confirmed to local media for the first time, triggering market rumors that housing regulations would be eased in the city. Madison Club is under construction for fans of Jeremy Lin
Madison Square Garden will provide more than $40,000 a seat for fans wanting to see Knicks and Rangers home game next season, according to the Wall Street Journal reported. U.S. Mortgage Rates Rise to 3.95 Percent
U.S. 30-year fixed-rate mortgage rates rose to 3.95 percent in the week ending Feb. 23 from a record low of 3.87 in the previous week, Freddie Mac said. Mortgage servicer Ocwen reported 2011 revenue rising by 38%
Ocwen Financial Corporation(NYSE:OCN), a leading provider of residential and commercial loan servicing, special servicing and asset management services, reported Net income of $9.7 million, $0.08 per share, for the fourth quarter of 2011, compared to Net income of $9.9 million, $0.09 per share last year on Thursday.
