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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?
Zillow has released its list of Hottest Housing Markets for 2016. Seattle ranks no. 2 in the hottest real estate market. Thus, those who want to invest in "Emerald City," can find out the hot areas in the neighborhood below. Why Mortgage Applications Increased By 21.3%
The decrease in mortgage activity by the end of 2015 was apparently just temporary. According to the Mortgage Bankers Association, the mortgage application volume increased 21.3 percent just last week, as compared to the previous week, which was on "a seasonally adjusted basis." Mickey Drexler Net Worth: J.Crew Group CEO Sells Montauk Estate For $85M
J. Crew CEO Mickey Drexler recently sold the Andy Warhol estate located in Montauk, New York for $50 million. CapitaLand Trust Looking To Sell Raffles Place Office Tower in Singapore
CapitaLand Commercial Trust (CCT), which is "Singapore's largest office real estate investment trust by value," is now currently in works to sell their office tower in the city's central business district says a source. According to the unidentified source (for confidentiality reasons), CapitaLand Commercial is looking to sell a 23-story building in the Raffles Place office district, the One George Street building. BlackRock Looking To Put New Headquarters in New York City?
The world's largest money manager, BlackRock Inc., is gearing up to make a huge move: the company is looking to find a new headquarters in New York, as a source claims that the company is expecting to outgrow its two current offices near Park Avenue. Communal Living in NYC: Is Co-Living Industry Growing Exponentially Across the Country?
Communal Living seems to be the trend to save rents especially in living in a big city like New York. It appears that the co-living industry has been growing across the country. US Treasury Goes After Luxury Real Estate, Tracks Secretive Buyers
The U.S. Treasury is now looking into luxury real estate and properties, in an effort to find and track secretive buyers. The move is due to the growing concern regarding illicit money used to purchase these high-end properties. Growing Tribeca Real Estate Salvages Junk Bonds of New York Law School
As it turns out, putting up New York Law School in Manhattan's Tribeca neighborhood is a good move - the location might just help strengthen the school's future finances. Real Estate News: No More Secrecy in Buying Luxury Property; U.S. Regulates LLC
The Real Estate Industry may have possibly been used for money laundering. To prevent this from really happening, U.S. has regulated the use of LLC in buying luxury properties particularly in Manhattan and Miami. Slumped Residential Property Confidence A Disappointing Start to 2016, Says Property Council
New report showw the decrease in confidence in residential property sector poses warning for the Palaszczuk Government that is urged to boost its infrastructure spending to stir the economy, The Courier Mail reports.
