REAL ESTATE

Living Large in a Tiny Home on San Juan Island Near Seattle

Filed under: Design, Lifestyle, House of the Day Tom Hanny/ZillowBrady Ryan and Leah Wymer’s tiny home measures less than 100 square feet but they have room to roam on the island. By Catherine Sherman Our boots sloshed around in the mud. It was a dreary Pacific Northwest day filled with slate-colored clouds and the feeling it could downpour any minute. After several calls of “pardon me” and “coming through,” we

UK mid-cap stocks hit all-time high after election result

LONDON (Reuters) – UK equity markets rose sharply in early trade on Friday, with the FTSE 250 mid-cap index hitting a record high, after a surprisingly strong election showing for Prime Minister David Cameron’s Conservatives. Real estate, utilities and banks were among the best-performing UK sectors at 0711 GMT, with utility Centrica up 7.5 percent, housebuilder Persimmon up 7.3 percent and Lloyds Banking Group up 6.5 percent. “The surprisingly decisive

Caterham F1 team's former factory to be sold

The failed Caterham Formula One team’s Leafield factory in central England is to be sold off with auctioneers saying on Thursday they were seeking offers of more than 5.5 million pounds ($8.36 million). BNP Paribas Real Estate and Carter Jonas said they had been appointed by administrators to sell the facility which previously housed the now-defunct Super Aguri and Arrows F1 teams. Caterham, founded by Malaysian Airasia airline entrepreneur Tony

Motor racing-Caterham F1 team's former factory to be sold

The failed Caterham Formula One team’s Leafield factory in central England is to be sold off with auctioneers saying on Thursday they were seeking offers of more than 5.5 million pounds ($8.36 million). BNP Paribas Real Estate and Carter Jonas said they had been appointed by administrators to sell the facility which previously housed the now-defunct Super Aguri and Arrows F1 teams. Caterham, founded by Malaysian Airasia airline entrepreneur Tony

Axel Springer first quarter core profit rises on classified ads

FRANKFURT (Reuters) – Axel Springer, publisher of Europe’s best-selling tabloid Bild, said classified ads lifted its first-quarter results and stuck to its forecast of moderate growth in sales and profits for this year. Sales grew 12.7 percent and core profit 1.2 percent, driven by ads for jobs and real estate on Web portals that Springer has acquired in a drive to digitize and internationalize its business, balancing out weaker circulation

Former Navy SEAL sentenced to prison for investment scheme

By Marty Graham SAN DIEGO (Reuters) – A former U.S. Navy SEAL who pleaded guilty to charges stemming from a scheme to defraud a dozen people out of nearly $1.2 million was sentenced on Wednesday to more than six years in prison. Jason Mullaney, who served in the Navy from 1993 to 2003 and spent much of his career on SEAL Team Five based in Coronado, California, pleaded guilty in

How to Shop for a Mortgage Online

Filed under: Buying, Financing, How To, Refinancing Shutterstock By Gerri Detweiler Ron Milman refinanced his mortgage in early 2015. A resident of an Atlanta suburb, Milman says he saved money, closed quickly, and except for one quick trip to a local bank to meet a local attorney to finalize paperwork, he never left his home office. Working strictly online and by phone, he says getting his mortgage online was a

As millennials reach parenthood, fund managers bet on 'burbs

By David Randall NEW YORK (Reuters) – Amy Paternite, a real estate agent in Maplewood, New Jersey, is getting used to hearing from clients in their late twenties and early thirties who say they never thought they would leave New York City for the suburbs. Parenthood – or a second baby on the way – has changed their minds. Millennials, typically defined as those born between 1981 and 1997, may

U.S. public pensions outperform in first quarter: Wilshire

U.S. public pension funds returned a median 2.19 percent in the first quarter of 2015, outperforming the 1.61 percent returns for the larger asset classes of institutional investment plans and real estate, according to a report to be released on Wednesday. The annual median return for public funds also remains high, at 7.15 percent, after the first quarter of 2015, according to data from the Wilshire Trust Universe Comparison Service.

Mayweather Drops Price on Florida Condo to $1.999 Million

Filed under: Buying, Celebrity Homes, Selling ASSOCIATED PRESSFloyd Mayweather Jr., left, defeated Manny Pacquiao by unanimous decision on May 2 in Las Vegas. By Melissa Allison Welterweight champion Floyd Mayweather Jr.’s boxing creds may be rising, but the price on his Florida penthouse just keeps falling. The boxer, who remains undefeated after beating Manny Pacquiao, is asking $1.999 million for his condo high above Sunny Isles Beach, which is on