REAL ESTATE

Jersey Home Where Springsteen Wrote 'Born to Run' for Sale

Filed under: Buying, Celebrity Homes, House of the Day ZillowThe ramshackle 828-square-foot cottage on the Jersey Shore is listed at $299,000. By Melissa Allison It ain’t a beauty, but, hey, it’s all right — and it’s getting lots of attention as the home where Bruce Springsteen wrote “Born to Run,” “Thunder Road” and “Backstreets.” This 828-square-foot cottage, listed for $299,000 in Long Branch, The Boss’ hometown in New Jersey, is

Rents Predicted to Rise in 2016: How to Cope

Filed under: Economy, Renting Shutterstock By Niccole Schreck Rental rates have continued to rise year over year, while rental vacancies have steadily decreased since the burst of the housing bubble. While renting is still more affordable than purchasing a home in many markets, this perfect storm of low supply and high demand is putting a dent in renters’ budgets. Rent.com surveyed over 500 property managers for the 2015 Property Owner

Rents Predicted to Rise in 2016: How to Cope

Filed under: Economy, Renting Shutterstock By Niccole Schreck Rental rates have continued to rise year over year, while rental vacancies have steadily decreased since the burst of the housing bubble. While renting is still more affordable than purchasing a home in many markets, this perfect storm of low supply and high demand is putting a dent in renters’ budgets. Rent.com surveyed over 500 property managers for the 2015 Property Owner

True Horror: How Much Would 'The Exorcist' House Be Worth?

Filed under: Buying, Celebrity Homes Trulia Ever wonder how much the home from “Poltergeist” or “The Amityville Horror” would set you back? We did the research to find out what these classic horror homes are worth. Love ’em or loathe ’em, horror movies take center stage leading up to Halloween. But how much attention have you really paid to the horror movie homes behind the on-screen supernatural events? In honor

Alexandria REIT lures biotech investors with lab space, not drugs

By David Randall NEW YORK (Reuters) – The booming biotech sector is putting a premium on lab space, and fund managers are buying in. One of their favorite targets is Pasadena, California-based Alexandria Real Estate Equities Inc, which owns the largest collection of high-end lab space in such research clusters as San Diego, San Francisco and Cambridge, Massachusetts. A total of 64 mutual funds and hedge funds have reported adding

Alexandria REIT lures biotech investors with lab space, not drugs

By David Randall NEW YORK (Reuters) – The booming biotech sector is putting a premium on lab space, and fund managers are buying in. One of their favorite targets is Pasadena, California-based Alexandria Real Estate Equities Inc, which owns the largest collection of high-end lab space in such research clusters as San Diego, San Francisco and Cambridge, Massachusetts. A total of 64 mutual funds and hedge funds have reported adding

Macau billionaire aide's bail set at $2 million in U.N. bribe case

By Nate Raymond NEW YORK (Reuters) – An assistant to a Macau billionaire facing U.S. charges that he helped bribe a former United Nations General Assembly president may be released on a $2 million bond, despite prosecutors’ concerns he might flee, a U.S. judge ruled Thursday. Jeff Yin, an aide to real estate developer Ng Lap Seng, previously suffered the loss of an earlier $1 million bail package, after federal

Canada housing agency sees overvaluation in most cities

Canada’s housing market is overvalued in most major cities, with price acceleration not supported by economic and demographic fundamentals in Toronto, the largest market, the federal housing agency said on Thursday. In a report that highlights the nation’s uneven real estate market, The Canada Mortgage and Housing Corp said there is strong evidence of overvaluation in Toronto, Montreal and Quebec City, and moderate risk in most other cities, while overbuilding

Canada housing agency sees overvaluation in most cities

Canada’s housing market is overvalued in most major cities, with price acceleration not supported by economic and demographic fundamentals in Toronto, the largest market, the federal housing agency said on Thursday. In a report that highlights the nation’s uneven real estate market, The Canada Mortgage and Housing Corp said there is strong evidence of overvaluation in Toronto, Montreal and Quebec City, and moderate risk in most other cities, while overbuilding