A London apartment at One Hyde Park has been put up for sale with a hefty price tag of £65 million, and so far it’s is one of only a few flats at the Candy & Candy development to come onto the open market. [...more]
Mortgages have become notoriously difficult to obtain, even among some of the most creditworthy borrowers, and lending standards are unlikely to be eased any time soon, according to Federal Reserve Chairman Ben Bernanke. [...more]
According to a recent study, when house hunting most Indians prefer to choose a previously owned property over a brand-new home. The survey by Track2Realty found three quarters of property buyers are currently in negotiations to purchase previously owned homes. [...more]
With all the sales of distressed homes at huge discounts, it’s no secret that builders are struggling to compete with them. But rather than sit their complaining and moaning, at least one national builder has decided to take advantage of the situation. [...more]
It's not the HARP 3.0 rumored to be in the pipeline, but the Responsible Homeowners Refinancing Act of 2012 would boost HARP 2.0 and provide additional refinance relief for households struggling to make the mortgage payment. [...more]
Apparently several Canadian Olympians have signed a letter opposing the development of a huge ski resort in British Columbia. They are against a planned development near Invermere in British Colombia, Canada. [...more]
Tighter mortgage lending regulations proposed by the Consumer Financial Protection Bureau will limit the fees that consumers are required by lenders to pay when they buy a home. One of the biggest proposed changes is to do away with origination fees, or origination points, which are levied at the close of the deal. [...more]
A new wind farm in Britain has just been given the go-ahead. It will cost £365 million and will be the largest farm in the UK. Not surprisingly it has faced a huge amount of opposition. [...more]
Home inspections are a pain, but unfortunately, they are something many homeowners and renters have to deal with. Homeowners looking to prepare their house to sell will have to get past an inspector at some point. Renters are often subjected to the dreaded annual inspection commissioned by the landlord to make sure the property is being kept up. [...more]
Dozens of homeowners have cursed their luck during the foreclosure crisis, but at the same time, many people are using it as an opportunity to cash in – both legally and illegally. [...more]