As homeowners and real estate agents continue to whine about how long a short sale process takes, US Congressmen are planning to move a bill that would require lenders to respond within 45 days
Lawmakers in Singapore passed a Bill to create a new statutory board that will regulate the real estate agency business in the country.
David Robinson, an NBA Hall of Fame star, is venturing further into the real estate investment world.
Lennar Corp, the third-biggest homebuilder in the United States, reported a higher-than-expected quarterly profit and a decline in orders that was less severe than Wall Street had feared.
China's housing ministry has ordered construction to begin for all affordable housing projects before the end of September, the China Securities Journal reported on Tuesday.
KKR & Co, TPG Capital, Carlyle Group and Bain Capital Llc are competing to acquire a part of Honda Motor Co's stake in India's biggest motorcycle maker, Hero Honda Motors
China's top automaker SAIC Motor Corp has reached out to General Motors Co GM.UL to explore the prospect of taking a stake in the automaker when it goes public this fall, four people with knowledge of the matter said.
Japan's Nissan Motor plans to double its capacity in China by 2012, joining a host of peers that have made similar recent moves to capture a bigger slice of the world's biggest auto market.
Europe's truckmakers anticipate profits will rebound faster than expected in 2010, thanks to emerging markets where enormous growth rates pushed aside painful memories of the industry's worst ever slump.
Honda Motor Co will overhaul its sourcing strategy by ditching its one-spec-fits-all method on global car models to better compete with Hyundai Motor and others in emerging markets, an executive said on Tuesday.
Toyota Motor Corp's Chinese auto finance unit has been fined by the authorities in the city of Hangzhou for alleged involvement in commercial bribery, China's Xinhua News Agency reported on Tuesday.
General Motors will invest $655 million to expand capacity at its Opel factory in Hungary and Volkswagen's Audi may also expand production at its plant, both seen as boosting investor sentiment toward the country.
The United Auto Workers union will aim to ensure that its members share in General Motors GM.UL, Ford Motor Co (F.N) and Chrysler profits in contract talks next year, President Bob King said on Monday.
Senior officials from the United Auto Workers union will travel to Italy next week for a meeting with Fiat SpA (FIA.MI) Chief Executive Sergio Marchionne and a pitch to bring jobs to the United States for its suppliers.
Top Chinese automaker SAIC Motor Corp said on Monday it and Baosteel will jointly build a lab to research and develop new steel products to make cars lighter.
US fund manager Franklin Templeton plans to invest heavily across the Asia-Pacific region aims to launch a new Asian property fund of funds. It also intends raising about $300 million from institutional investors in Europe and Australia, a Reuters report said.
NYC's biggest 'affordable' housing project in 35 years attracts numerous real estate powerhouses, who will participate in the first phase of the bidding process, a recent Reuters report said.
Australian real estate analysts said increasing home loan applications are suggestive of a positive outlook for the residential property market.
The Government of Singapore Investment Corp's (GIC) real-estate arm warns India will be flooded with luxury hotels and malls. However, it remained optimistic about the country's longer-term prospects.
Not now, say experts. Because there are more unsold homes in the market because of what the banks and speculators have done.
Jefferson County in Louisville, Kentucky has always prided to be the home for million dollar houses in the U.S.
New Orleans, which was hit by Hurricane Katrina in 2005, has lost more than 75,000 homes, nearly 13% of the total housing units in the district. At the same time, the monthly cost of housing rose 33% to $882 due to shortage of these houses making it expensive to live.
Some elderly borrowers may benefit from a Federal government decision to reduce upfront costs of reverse mortgages in the US.
In the Big island of Hawaii, more people are buying Condominium and single family homes compared to last year, as home prices are still going cheap.
In the first of this year, more than $132 billion worth of real estate deals were signed globally, up 74% over $76 billion deals signed during the same period last year.
In contrast to the rest of Asia, South Korea's real estate sector is in the midst of a crisis with residential property in Greater Seoul area being marked 10 percent below recent levels and down twice that figure in the other regions of the country.
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Henderson Global Investors has launched a new $1.1 billion fund targeting the U.S. apartment market, saying it was the best-placed property sector for rent growth and occupancy over the next five years.
Renault SA, which said in July it expected Europe's car market to contract by 7 to 9 percent in 2010, now expects a decline closer to 7 percent, as the end of subsidies have hit sales less than feared, a senior executive said on Thursday.
The brokerage raised its price target on shares of Oracle to $31 from $28, while maintaining its buy rating.
