SHANGHAI, July 18- A Chinese construction company at risk of declaring a landmark bond default on nearly $65 million is getting local political support to hold off creditors and get cash, state media reported on Friday, citing sources at the struggling firm.» Read More
Calls for ending the mortgage interest deduction are circling through Washington. Proponents of the deduction say they're prepared to fight to the bitter end.
China Vanke, the country's biggest real estate developer, said it's looking to extend its foreign investment drive beyond the high-end U.S. market, as Beijing weighs new measures to cool mainland property prices.
Banks in Spain may take bigger losses than they hoped this year on real estate repossessed from borrowers, as they compete for buyers with the agency clearing up the weaker banks.
In the past few weeks, several London developers have flown east to places like Hong Kong, Kuala Lumpur and Singapore to persuade wealthy Asians to buy new residential sites in London as building there picks up after the financial crisis. The New York Times reports.
Sellers at high-end Manhattan apartment buildings have been forced to reduce their prices after buyers balked at the high monthly payments.
A federally backed loan program rolls the cost of fixes into a mortgage, so buyers can yield a quick return on their investment.
Xin Zhang, CEO of SOHO China, Beijing's largest property developer, tells CNBC that the period of intense mass urbanization for China is coming to an end but high demand for office space remains.
Business is booming in Beijing's real estate offices -- good news for property agents like Zhang Huanhuan, but a headache for China's policymakers as worries resurface about the sustainability of investment in the sector.
Singapore and Hong Kong now have identical 15 percent levies to slow the foreign money that has added fuel to their overheated property markets - measures that will help first-time buyers but throw the spotlight on investors' next targets.
Rob Tincknell, CEO of Battersea Power Station Development Company, tells CNBC why there is such high demand for the development of Battersea Power Station.
U.S. builders broke ground on fewer houses in November as super storm Sandy slowed building in the Northeast.
The number of Spanish families facing eviction is mounting at a dizzying pace, and when they can’t move in with relatives, they often take over empty homes, and there are plenty of them. The NYT reports.
Professionals, like doctors and lawyers and anyone else who might be sued, should work with an adviser to keep creditors from cleaning them out if they lose in court
Official and private sector surveys on China’s manufacturing sector suggest the economy is finally perking up, boosting stocks in Shanghai almost 2 percent on Thursday. But exports, the main engine of growth, are still struggling and that means the Chinese recovery is not on solid ground yet, economists say.
With financial advisers moving from one firm to another more frequently than in the past, chances are you'll have an opportunity to review your needs.
The way to foster long-term relationships is to admit that we cannot know what the markets will do, says Mark Hebner, president of Index Fund Advisors.
Singapore’s property stocks have surged on average 48 percent so far this year, far outstripping the 15.5 percent gain on the broader Straits Times Index, and analysts say there is still more upside for the sector.
When it comes to investing in health care, sometimes it's not about medicines and devices. There are real estate investment trusts specializing in the health care sector that invest in property and facilities.
Consumers would do well to follow these financial survival skills, according to Eleanor Blayney, consumer advocate for the CFP Board.
For financial advice, take the focus off the factors we can't control and move it to the things we can. It requires robust communication and periodic reassessment, according to Marilyn Capelli Dimitroff of Capelli Financial Services.