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Real estate start-up Lamudi gets $7-M funding

Leading global incubator Rocket Internet’s real estate start-up Lamudi has received almost US$7 million in new funding from a range of investors including international multi-sector retailer Tengelmann Group of Germany. “The announcement of this substantial funding for our Asian operations is very welcome and will be crucial in helping us to make better and faster progress towards our goal of ...

Bank of America's mortgage crisis costs become a recurring problem

Bank of America Corp's mortgage pain is lasting longer than expected, leading some investors to wonder if the massive expenses being incurred have become a recurring cost of doing business instead of being dismissed as one-time items. The bank on Wednesday posted $6 billion of litigation expenses for its first quarter, far exceeding the $3.7 billion of settlement costs that investors had ...

Photo Release -- Congressman Castro, FHLB Dallas, and Broadway Bank Announce Nearly $1M in Housing Grants to San ...

SAN ANTONIO -- Congressman Joaquin Castro (TX-20) joined representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and Broadway Bank in announcing $900,000 in Affordable Housing Program (AHP) ...

Timbercreek Mortgage Investment Corporation April 2014 Dividend

Timbercreek Mortgage Investment Corporation April 2014 Dividend

Mortgage-related legal costs sock BofA with $276-million loss

Socked by mortgage-related legal expenses, Bank of America Corp. lost $276 million during the first quarter, sending its stock down sharply. Reveals “Green” Homes Are Becoming More Dominant Across the Country

California leads the way in ‘green’ home design with Texas, Illinois close behind. (PRWeb April 16, 2014) Read the full story at

China Seen Cracking on Property Controls

China’s slump in property sales and construction is spurring speculation that the government’s four- year-old campaign of real-estate controls will start to crack.

New Yardley Business Association president Bobbie Moore sets goal to promote and help businesses, announces Harvest ...

YARDLEY BOROUGH – Longtime local realtor Bobbie Moore, who has served as vice president of the Yardley Business Association (YBA) for four years, now wears a different hat.

Associa’s Morris Property Management Strengthens Local Client Portfolio Acquiring Burwell Condominiums

Morris Property Management , an Associa company, is pleased to announce it has been selected as the managing agent for Burwell Condominiums in Knoxville, Tennessee. Beginning

Telford homes to report significant growth in profits

Property development group Telford Homes has announced it expects to report significant growth as pre-tax profits are anticipated to "more than double" for the year ended March 31st.

USAA Real Estate Company Develops New Headquarters for National Science Foundation in Alexandria, VA

SAN ANTONIO, April 16, 2014 /PRNewswire/ -- USAA Real Estate Company, on behalf of one of its affiliates today announced that it is developing a new office property in the Washington DC suburb of Alexandria, ...

Real estate markets set for rebound

Timbercreek Asset Management's Corrado Russo still sees opportunity in the real estate space due to discounted valuations and improving fundamentals

Real Estate Crowdfunding: Going Beyond Dubai's Burj Khalifa and the Empire State Building

New York -- After the astounding success of the first real estate investing conference last 14 November 2013 where Barry Sternlicht of Starwood Capital and the leading real estate crowdfunding firms inspired ...

Atrium Mortgage Investment Corporation Appoints Managing Director for British Columbia

VANCOUVER, British Columbia -- Atrium Mortgage Investment Corporation (TSX:AI.DB) (TSX:AI.DB.A) is pleased to announce the appointment of Marianne Dobslaw as Managing Director -- British Columbia, effective ... offers bidders entire Detroit homes for $1000

Homes purchased on must be renovated and occupied within 6 months or buyers lose their money.

Realtor Accepts Bitcoin for Homes

Hilton Head Island, SC oceanfront homeowner will accept Bitcoin in whole or in part for the purchase of his $2,690,000 vacation home, says Bill True of Lancaster Real Estate Sales. (PRWeb April 16, 2014) Read the full story at

Home Mortgage Loans for People with Bad Credit Now Offered by Complete Home Loans

Now people with bad credit can get approved for a home loan through the trusted lending network of Complete Home Loans. (PRWeb April 16, 2014) Read the full story at

Home loan scheme boosts Persimmon

One of Britain's biggest housebuilders has now sold more than 5,000 homes under the Government's Help to Buy scheme since its launch last April.

This little piggy is for the real estate market

Local real-estate startup Trelora wants to make pigs fly. Known for its flat-rate commissions, the 2-year-old company has been leaving neon-green pig cutouts around Denver — causing thousands to take to social media wondering why — as part of a guerrilla marketing campaign to announce its new initiative, My Real Estate Idea.

Basel Spurs Big-Bank Borrowing From U.S. Home Loan Banks

Four of the nation’s largest banks, led by JPMorgan Chase & Co. (JPM) , are driving a surge in borrowing from the Federal Home Loan Bank system as they raise funds to buy assets that meet new liquidity requirements.

Property Council calls for formal review of Chch Draft District Plan

Property Council has grave concerns for the future of Christchurch as Christchurch City Council reviews its District Plan. The outcome of the District Plan review must result in a plan that encourages and enables investment into Christchurch. South Island Branch president Glenn Taylor says the city is at a critical crossroads and our District Plan will serve as a powerful investment signal ...

Singapore’s property market in a standoff

Singapore's property market is in a standoff between bargain-seeking buyers and developers sticking to their pricing guns.

Artis Real Estate Investment Trust Announces Quarterly Cash Distribution

Artis Real Estate Investment Trust announced that its trustees have declared a quarterly cash distribution of $0.3125 per Series G preferred unit of Artis for the quarter ending April 30, 2014. The cash ...

Artis Real Estate Investment Trust Announces Monthly Cash Distribution

Artis Real Estate Investment Trust announced that its trustees have declared its regular monthly cash distribution of $0.09 per trust unit of Artis for the month of April, 2014. The cash distributions ...

Theft charges dropped against Brampton realtor

Realtor Shalinder Kapoor wants to clear his name.

Five tips for comparing home loan offers

WHILE it may seem easy to apply for a home loan through the lending institution you currently deal with, this isn't necessarily the best route to take.

Real Estate Has Benefited Most From SEC's General Solicitation Rule Change

Investors have shown the most interest in dumping their dollars into real-estate deals since the SEC's historic lifting of the general solicitation ban.

Australian Buyers' Dreams Deferred as Housing Prices Rise

Alexandra Kerr said she and her husband Shaun Taylor made eight unsuccessful offers over 18 months in Brisbane's rising market before finally buying their first home in April. Mortgage rates at their lowest in four-and-a-half years are helping drive household debt to record levels in Australia. The average home-loan size jumped to an all-time high of A$322,900 in January, according to Australian ...

SBI home loan portfolio in Karnataka crosses ₹14,800 cr

State Bank of India has achieved 22.38 per cent growth in home loan portfolio at ₹2,570 crore during the financial year 2013-14 compared with ₹2,100 crore last fiscal (2012-13).SBI...

30-Year Fixed Mortgage Rates Fall to Lowest Level in Six Weeks; Current Rate is 4.14%, According to Zillow Mortgage ...

SEATTLE -- The 30-year fixed mortgage rate on Zillow(R) Mortgage Marketplace is currently 4.14 percent, down six basis points from this time last week. The 30-year fixed mortgage rate plummeted on Wednesday ...

MIG Real Estate Acquires 510-Unit Quadrangles Village in Tempe, Ariz.

MIG Real Estate, a Newport Beach, Calif.-based real estate investment company, has completed the acquisition of Quadrangles Village, a 510-unit apartment home community adjacent to Arizona State University ...

Mortgage rates drop as bonds rally: Good news for the homebuilders

Housing starts have been below historical averages for the past ten years. With low mortgage rates and increasing demand—and a strengthening economy—homebuilders now have the wind at their backs.

Trespassers Can Sue For Injuries but Property Insurance Can Help

Property owners, whether they know it or not, may be liable for injuries that happen on their land or in their house. Having property insurance can give them a buffer against having to pay the bill themselves. Greeley,...

Northern Property Real Estate Investment Trust Announces April 2014 Distribution

Northern Property Real Estate Investment Trust Announces April 2014 Distribution

Mortgage Rates Remain a Gift to Homebuyers

We won't likely see rates this low again anytime soon, not with the economy improving, albeit slightly, even as the Fed opts to keep rates low well into 2015.

Ryland Homes Opens New Model at Eastlake at Gleannloch Farms

Ryland Homes Houston has unlocked the door to a new model, referred to as Prima, in the beautiful neighborhood of Eastlake at Gleannloch Farms. This beautiful community

SBI Bangalore Circle home loan sanctions up 20% in FY14

The Bangalore Circle of State Bank of India (SBI), has crossed Rs 14,800 crore in home loans for 2013-14, showing a growth of 20% in sanctions during the year. For the year, the Bank has sanctioned Rs 4,800 crore in home loans as against Rs 4,000 ...

Inland Real Estate Corporation Pays April and Declares May Cash Dividend to Preferred Stockholders

Inland Real Estate Corporation today announced that it has paid a cash dividend of $0.169271 per share on the outstanding shares of its 8.125% Series A Cumulative Redee

AV Homes Announces First Community in Greater Charlotte

AV Homes, Inc. has announced the construction of its first community in greater Charlotte. The new community, named Morgan's Branch, is located near the intersection of South Point Road and Armstrong Road ...

Beazer Homes USA, Inc. to Webcast Its Second Quarter Fiscal 2014 Financial Results Conference Call on May 1, 2014

Beazer Homes USA, Inc. has scheduled the release of its financial results for the quarter ended March 31, 2014 on Thursday, May 1, 2014 before the open of the market.

Use of antipsychotics soaring at Ontario nursing homes

Ontario nursing homes are drugging helpless seniors at an alarming rate with powerful antipsychotic drugs, despite warnings that the medications can kill elderly patients suffering from dementia. A Star investigation has found that some long-term care homes, often struggling with staffing shortages, are routinely doling out these risky drugs to calm and “restrain” wandering, agitated and ...

Mortgage Authority, Peter Dellane, Warns Home Buyers to Find a Trustworthy Broker

As the spring real estate selling season heats up in Maryland and Virginia, mortgage loan authority Peter Dellane, warns home buyers and investors to take the time to find a trustworthy mortgage broker. ... Presents Credit Repair Organization Realtor® Bait Courseware™: Find out More About this First of its Kind ...

Score’s Realtor® and Builder clients that use the professional services of the Scoreway Turn Key Credit Repair Solution or the services of credit repair professionals that do business with tell us, “We cannot not allow any further decline in their closing ratio and remain profitable. As a result, industry leaders are turning to the services of a professional credit repair companies ...

Property management industry under spotlight as OFT announces inquiry

Investigation follows complaints from leasehold property owners of overcharging and poor service by managing agents The Office of Fair Trading is to investigate the property management industry following complaints from flat-owners about over-charging and poor quality services by some providers. For years owners of leasehold properties such as flats and retirement homes have complained that ...

Property heavyweights attending Chinese luxury show

China's most prominent invitation-only luxury property show will again play host to affluent Chinese buyers and the biggest names in the high-end market. To be held at the five-star Legendale Beijing from 16 to 18 May, the 2014 Luxury Property Showcase (LPS) Beijing will feature participants including Savills, Colliers International, Alain Pinel, Knight Frank, Re/Max Prestige, Christies Real ...

Mortgage rates: Possibility of hikes stokes housing demand

Mortgage rates are expected to rise quickly in the near term, which could be urging potential homebuyers to act quickly. However, mortgage rates aren't the only factor spurring housing market demand.

MAMCO Property Management Named North Jersey Regional Director

MAMCO Property Management, an Associa company, proudly announces the appointment of Chuck Graziano to head up its regional office which opened recently in Saddle Brook, New Jersey.

Chile fire toll: 12 dead; 2,000 homes destroyed

Valparaiso, Chile — Firefighters struggled for a second night early Monday to contain blazes that have killed 12 people, injured 500, destroyed 2,000 homes and forced 10,000 people to flee the densely populated hills that gave this Chilean port city its u

Only 15% of Home Buyers Qualify For The Loan They Need. Why Is It So Hard?

According to a Straits Times report, the number of people who have been able to get a home loan since the implementation of the Total Debt Servicing Ratio (TDSR) regulations last year has dropped dramatically. What’s The Big Deal About TDSR? The new regulations that were put in place at the end of June 2013 take into account an applicant’s combined debt, which includes other loans such as car ...

Fitch Affirms Presbyterian Homes Obligated Group (PA) Revs at 'BBB+'; Outlook Stable

Fitch Ratings has affirmed the 'BBB+' rating on the following revenue bonds issued through various issuing authorities on behalf of Presbyterian Homes Obligated Group :
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