Filed under: Buying, Economy, Selling ZillowThis 1954 California home designed by architect Cliff May has been updated in a retro style. By Catherine Sherman Zillow looked at single-family houses built from 1900 to 2014 to see which decades are most represented by the current housing stock. Turns out, the largest share of homes in the Northeastern states was built in the ’80s. But in California, the ’50s remain the dominant
U.S. businessman Donald Trump, the leading Republican presidential candidate, on Thursday said he would not back a higher minimum wage for American workers as such a move would hurt the nation’s economic competitiveness. In a televised interview on MSNBC, Trump, a real estate mogul and TV personality, said the United States needed low wages and taxes to be competitive with other countries. “Having a low minimum wage is not a
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 were quoted at 3.77 percent this week in Zillow Mortgages’ report, unchanged from the same time last week. The 30-year fixed rate fell early in the week, then rose steadily throughout the week before settling Tuesday. “Mortgage rates fell last week
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 were quoted at 3.77 percent this week in Zillow Mortgages’ report, unchanged from the same time last week. The 30-year fixed rate fell early in the week, then rose steadily throughout the week before settling Tuesday. “Mortgage rates fell last week
The United States sanctioned 21 Mexican businesses and individuals on Wednesday, saying they were part of the business network of a powerful drug cartel in the country. The 15 businesses and six people provided support and services for the Los Cuinis drug cartel, the U.S. Treasury said in a statement. The businesses targeted on Wednesday include an upscale boutique hotel, two real estate firms, and a shopping center in the
Filed under: Celebrity Homes, House of the Day ZillowKnown as the “Western White House” during Nixon’s presidency, the home in San Clemente is privately owned. By Melissa Allison The oceanside estate in California where Richard Nixon hosted 17 heads of state and retired to write his memoirs is on the market for $75 million. Nixon bought the San Clemente home in 1969 and dubbed it “La Casa Pacifica.” It was
Canada Pension Plan Investment Board, the largest pension fund manager in Canada and one of its most active dealmakers, said on Tuesday it has invested C$170 million ($130 million) in a Malaysian real estate joint venture, marking its first direct real estate investment in Southeast Asia. Toronto-based CPPIB said along with the Pavilion Group it has formed a venture to invest in Pavilion Damansara Heights, a mixed-use development project in
(Reuters) – Republican presidential candidate Donald Trump said it would be hard to “rip up” the United States-led agreement with Iran on its nuclear program, but that if he was elected president he would “police that contract so tough they don’t have a chance.” In an interview on NBC’s “Meet the Press” on Sunday, the real estate mogul described the team that negotiated the agreement, including Secretary of State John
By Allison Lampert MONTREAL (Reuters) – Caisse de depot et placement du Quebec, Canada’s second-largest pension fund manager, said it will have to raise its “game” if it is to continue to deliver yields like the weighted average return of 5.9 percent it reported Friday for the first half of 2015. The Caisse, which manages public pension plans in the predominantly French-speaking province of Quebec, has said it is counting
TORONTO (Reuters) – Sales of existing homes in Canada fell in July from June, the second consecutive monthly decline, as strength in the two big markets of Vancouver and Toronto could not offset weakness elsewhere, the Canadian Real Estate Association said on Friday. The industry group for Canadian real estate agents said sales activity was down 0.4 percent last month from June. Actual sales for July, not seasonally adjusted, rose