realestate

New Year Frenzy Begins And House Hunters Battle It Out With 10 Buyers For Every Property For Sale

It's going to be a tough competition among house hunters as the latest numbers reveal that there are 10 buyers for every property for sale, The Daily Mail reports.

The Cheapest Properties To Find In London

So what would your money get you out of London's real estate market? Londonist reports of the cheapest property buys in London.

A 27-year-old Chinese Property Mogul Lands $52 MIllion Sydney Harbour Mansion

What would you probably be buying if you were or when you reach 27 years old? For a young Chinese property mogul, it's a $52-million mansion that offers greats views of the iconic Sydney Harbour, the Daily Mail reports.

Homeless Housing Gets $2 Billion Funding Proposal From California Legislators

California's homelessness crisis is now the focus of concern of state senators, releasing a statement Monday, a plan to allot $2 billion worth of building and rehabilitation of permanent housing for homeless mentally ill people, LA Times reports.

Dubai's Costliest Poperty Deal In 2015 Revealed

Emirates Hills, claiming to be the "Beverly Hills" of Dubai, completely dominated the list of Dubai's costliest villa transactions in 2015, Emirates 24/7 reports.

Stylish Eco Homes For Sustainable Housing

"Green" is becoming a regular lifestyle - from food menus, industry processes, and even to housing and communities. This new year of 2016, it's looking like "green" will finally be the new normal, and Manuel Gutierrez, in his new book New Eco Homes, created a list of samples of the world's best eco-friendly domestic architecture, proving that eco-friendly can be stylish too, The Guardian reports.

Australian Property Market For 2016 Predicted

How is Australia's property market looking for 2016? The head of one of Australia's biggest real estate groups is predicting some trends that will play out this year, The Adviser reports.

Chances of Owning Hong Kong Property For City's 'Sandwich Class' Likened to 'Winning the Lottery'

Housing remains to be one of Hong Kong's major issues, as more and more people lose hope in owning a home, South China Morning Post reports.

A Look Into India's 2016 Real Estate Market

It has not been an exciting 2015 for India's property market, and with the continuing sluggish home sales and rising levels of inventory, the new year is not looking promising either. The sector is awaiting the comeback of investors and customers who don't plan to take a plunge until prices stabilize and developers honour project delivery schedules.

Oil States Sees Slumping Housing Markets

With low gasoline prices, come slumping housing markets. This is what happened to communities in the central United States that were recently affected by the shale-oil fracking boom in the area, The Columbus Dispatch reports.

Newly Listed Commercial Property Company Buys Sites in Leeds and Beverley

A newly listed regional commercial property, Regional REIT, has started to build their portfolio with their acquisition of properties amounting to £37.5m including properties in Yorkshire, Yorkshire Post reports.

Property Near Midway Airport Finds A Buyer

A 3-acre property near Midway airport becomes First Western Properties Inc.'s second development near the airport sold by the company in the last three months, DNA Info reports.

Old U2 Studio In Windmill Lane Gets Funding For Development

Hibernia REIT, an Irish investment property gets approval from Deutsche Bank for a €46.7m (£34m) loan to be used in the development of the iconic Windmill Lane site, where U2's recording studio used to be, Belfast Telegraph reports.

Vancouver’s Housing Crisis And Justin Trudeau’s Vacuous Response

Is there something off with Vancouver's new prime minister's response to Vancouver's housing affordability crisis? Looks like there is, South China Morning Post reports.

New Zealand Properties Owned by Non-citizens Gets New Tax Starting April 2016

In 2016, sales of residential properties in New Zealand by people who are not based in the country will be given new withholding tax, but the sale has to take place within two years of purchase, Property Wire reports.

New York's 'Downtown Abbey' on Market for $23.5M

If you are a fan the British period drama television series and wish to have your very own Downtown Abbey where you can be your very own lord or duchess, then begin to work on coming up with $23.5 million to pay for a picturesque 466-acre equestrian farm estate in Poughquag, NY that is now very much on the market, Realtor reports.

China Real Estate Threatened By Overcapacity

Home-buying curbs to continue in China's top-tier cities and the real estate sector will continue to feel the effects and will remain overstocked, Valerie Tan of Channel News Asia reports.

Golfer Dustin Johnson Sold Florida Home For $3.83M

Pro golfer Dustin "DJ" Johnson was so close to winning the 2015 U.S. Open, but despite narrowly missing the top spot, he is clinching victories in other aspects, like real estate. DJ is known for his prodigious driving ability, and he sure used it when he put his North Palm Beach, FL, home on the market and sold it for $3.83 million, Realtor reports.

Trevor Cahill of Chicago Cubs Snags $2.75M Home in Paradise Valley

American professional baseball pitcher Trevor Cahill just re-signed with the Chicago Cubs for the 2016 season, but formerly played for Arizona Diamonbacks, and while he has bid goodbye to the team, he is leaving one foot in Arizona with his recent acquisition of a property in the area, Realtor reports.

New Tiny Apartment Project In NYC Gets Overwhelming Attention

It is getting the attention that every listing agent dreams of, and we are not even talking about a lush luxury or celebrity estate, but a 265 to 360 square feet unit, New York Post reports.

2016 Housing Market Predicted

There is no way to exactly predict how the real estate market will shape up for 2016, but looking at enough data could make for almost accurate predictions, just like what Svenja Gudell, new appointed chief economist of Zillow.com does, Reuters reports.