REAL ESTATE
U.S. presidential hopeful Donald Trump is expected on Thursday to pledge that he will not run as an independent candidate if he loses the Republican Party’s nomination, ABC News reported, citing a source familiar with Trump’s conversations with the party. Trump, a real estate mogul, has suggested he would consider an independent run if Republicans did not nominate him as their candidate. The Republican National Committee has asked its pool
By Eric M. Johnson SEATTLE (Reuters) – Seattle’s mayor unveiled an affordable housing plan on Tuesday aimed at creating 20,000 new living units for low-income city dwellers over the next decade, more than a quarter of them to be paid for by private developers. Mayor Ed Murray said his proposal was aimed at addressing an overheated real estate market, fueled in part by the growth of Seattle-based Internet retailer Amazon.com
Filed under: Buying, Financing, Refinancing ZillowThe weekly mortgage rate chart illustrates the average 30-year fixed interest rate in six-hour intervals. By Lauren Braun Mortgage rates for 30-year fixed loans rose this week, with the current rate borrowers were quoted on Zillow Mortgages at 3.75 percent, up 8 basis points from last week. The 30-year fixed mortgage rate rose throughout the week before settling at the quoted rate Tuesday. “Mortgage rates
By Jed Horowitz NEW YORK (Reuters) – For most people saving for retirement, buying a non-tradeable real estate investment trust that charges fees and commissions of 11 percent or more doesn’t sound like a good deal. Many brokers are fuming over a proposed U.S. Department of Labor rule that would block them from selling any investment into a retirement account in return for a commission. Instead, the DOL would restrict
A key intersection in Toronto’s financial district was closed due to an unstable antenna atop the 65-story Trump Hotel, police said on Monday, the latest in a string of problems with the three-year-old luxury building. The Trump Tower is named after real estate mogul and Republican U.S. presidential primary front runner Donald Trump, and operated by the Trump Hotel Collection, which is presided over by Trump and his children. The
Filed under: Buying, Lifestyle Zillow via Credit.comOne of these homes was listed for $139 million, and the other for a mere $13.9 million. Can you tell which is which? By Michael Schreiber Perusing homes out of one’s price range online may as well be a national pastime in America. Who doesn’t love imagining what it would be like to live someplace palatial, or even just gawk at these monster homes
Filed under: Design, Home Improvement, Lifestyle Trulia By Brie Dyas Even grilled cheese tastes better when made in a stylish kitchen. For those who love to cook, a gourmet kitchen is the dream. However, unlike a living room or bedroom, this space is much harder to remodel. Kitchens can’t be rearranged at whim, cabinets can’t be easily changed, and counters — well, there’s very little you can do to hide
By Emily Flitter and Jennifer Ablan NEW YORK (Reuters) – Donald Trump had to do a bit of damage control on Thursday after repeatedly dropping Carl Icahn’s name in a campaign speech and then saying most good business negotiators were “vicious, horrible, miserable human beings.” Icahn, the billionaire investor, called Trump, the real estate mogul turned U.S. presidential candidate, to ask for an explanation after Trump made the comments in
Filed under: Buying ZillowThis 2,800-square-foot West End home built in 2009 is on the market in New Orleans for $475,000. By Melissa Allison It was a decade ago this week that the levees failed in New Orleans, and Hurricane Katrina became one of the deadliest storms in U.S. history. The beloved city struggled mightily in the aftermath, battling flooding, bureaucracy, and mangled and rotting houses. Ten years on, there are
Chinese real estate and entertainment giant Dalian Wanda will buy the organiser of Ironman extreme endurance contests for $650 million, it said on Thursday in its latest sporting acquisition. The deal for the World Triathlon Corporation (WTC) comes after Wanda bought a stake in Spanish football club Atletico Madrid and spent more than a billion euros on Swiss sports marketing group Infront. Wanda chairman Wang Jianlin — a multi-billionaire and
