To architecture geeks, the John Hancock Center in Chicago is hallowed ground. Not the tallest building nor the prettiest, the sleek 343-meter black tower is revered for its architectural advances, which changed the world of tall buildings when it was completed in 1969.
Costa Rica is raising concerns about the effect Nicaragua's proposed canal could have on the rivers running along the shared border. The Nicaraguan government granted a 50-year concession to Hong-Kong based HK Nicaragua Canal Development Investment Co.
The sale price of a home is only part of the financial equation for foreign buyers. Taxes, stamp duties and annual fees can add significant cost to the home, turning a property from an investment into a money pit.
My husband and I are in the process of buying a home. The home didn't appraise for the amount agreed upon. Are we still able to buy the home? What will the appraisal affect? Will we still be able to get a mortgage?
The average price of a home in London is now £318,214 ($485,180), five percent higher than the peak in 2007. Cheap credit, an improving economy and the continued influx of international buyers have helped push prices in the capital,
Starwood Hotels & Resorts Worldwide is reopening the art deco Prince De Galles in Paris, as part of the company's plan to invest more than $200 million in its luxury collection hotels. The hotel once again resembles the art deco style it spotlighted when it opened in 1928,
An ambitious developer of pre-fabricated homes has raised $65 million as it looks to create a market for its "green, precision-built" houses. Massachusetts-based Blu Homes will use the money to build 15 to 20 model display homes in key markets around the U.S.
Liberace's former Las Vegas home is on sale for $529,900, more than $3 million less than its sale price at the height of the market. Known for his extravagant behavior both onstage and off, the flamboyant musician bought the mansion in 1974.
Pending home sales in the U.S. increased 6.7 percent in May, reaching a six year high, according to data released today from the National Association of Realtors. The Pending Home Sales Index increased to 112.3 from the revised 105.2 in April.
It has been a busy and frenzied 2013. I'm just emerging from a bidding war in which my clients were competing with a couple from Saint Petersburg, Russia, who kept upping their bid, sight-unseen, for a 1,000-square-foot condominium apartmentز
Policy changes in India are expected to give a much-needed boost to construction of affordable homes in the country. India's central bank, the Reserve Bank of India, this week relaxed its rules on foreign currency loans for developers of low-cost housing.
Asia investors are buying property in the United States at a historic pace--and it's not only Chinese buyers. Singapore funds have invested $1.87 billion in the U.S. so far in 2013, compared to less than $1 billion last year, according to Real Capital Analytics.
International real estate firm Kennedy Wilson has purchased Clancy Quay, a residential project in Dublin for €82.5 million.
Microsoft founder Bill Gates has reportedly purchased an estate in a famous equestrian neighborhood in Florida for $8.7 million. The second richest man in the world and wife Melinda reportedly paid cash for 4.8-acre property.
Ireland is about to get its first real estate investment trust. Green REIT Plc plans to raise €200 million in an initial public offering to focus on focus on commercial real estate in Dublin.
Office vacancy rates declined in 10 of the 13 largest markets in the U.S. in second, with Houston and Boston posting the largest drops, according to preliminary data released today by CBRE.
New legislation approved in Florida this month seeks to protect consumers from unscrupulous timeshare resellers, who are often accused of taking advantage of owners desperate to sell their timeshares.
The volume of homes purchased by international buyers dropped 17.3 percent last year, as global economies wavered and shoppers focused on low-cost properties, according to the latest study by the National Association of Realtors.
Mortgage rates in the US rose sharply in the last week, hitting levels not seen in two years. The 30-year fixed mortgage is up to 4.38 percent, up from 3.88 percent a week ago, according to a database tracked by Zillow, the listings site.
South Korean foreign commercial real estate investment increased 900 percent during the first quarter of 2013 compared to last year, according to a new report from Jones Lang LaSalle.