The Vietnamese bank at the center of that nation’s largest fraud case is preparing to auction a portfolio of assets belonging to convicted real estate tycoon Truong My Lan. The Japan Times is reporting Saigon Commercial Bank is planning to hire an auction firm to...
A total of 18,379 closed sales of single-family homes was recorded in Florida during February, up 3.9% year-over-year, while existing condo-townhouse sales totaled 7,060, up 8.6% year-over-year. According to data from Florida Realtors, new pending sales increased...
Builder confidence in the market for newly built single-family homes inched up by one point to 38 in March, following a revised upward one-point revision in February, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI)....
The Northern California estate that was once the home of Oscar-winning singer and actor Bing Crosby has been listed for sale at $28.9 million, nine months after it sold for $25 million. When the property sold last June, it was marked down from its original asking...
Housing starts for all areas in Canada increased 4.5% in February (250,900 units) compared to January (240,148 units), according to new data from the Canada Mortgage and Housing Corporation (CMHC). Actual housing starts were up 10% year-over-year in centers with a...
Public Storage (NYSE: PSA), a Frisco, Texas-based owner and operator of self-storage facilities, and announced it is acquiring Greenwood Village, Colorado-based National Storage Affiliates (NYSE: NSA) in an all-stock transaction valued at an enterprise value of...
Hits and Misses for the Real Estate Week of March 16-20
