The special administrator of the estate of the late music legend Prince has put several of the singer's Minnesota properties up for sale.
Tuesday, November 22, 2016
Saturday, November 19, 2016
The way most Americans build wealth is no secret: save, invest, repeat. How average people keep their wealth, though, gets a lot less attention.
It boils down to how they handle risk. It's hard to accumulate wealth without taking some risks, but there are perils that "next-door millionaires" seem to avoid.
Mall developer Rusty Lyon, founder of Westcor, has died after a battle with Alzheimer's disease, according to The Arizona Republic . He was 86 years old.
Lyon launched Westcor in 1964, and was responsible for many of the Valley's malls, including Scottsdale Fashion Square, Biltmore Fashion Park and Metrocenter.
The crash of Arizona's biggest commercial lender Mortgages Ltd. is still a nightmare for many.
The lender's nearly $1 billion collapse and its CEO Scott Coles' suicide in 2008 led to huge investor losses, too many foreclosures, a slew of lawsuits and fraud charges by regulators.
NEWPORT BEACH, Calif. (AP) - Developers have sued the California Coastal Commission for more than $490 million in damages for failing to approve a project that would have turned a 401-acre stretch of oil field overlooking the Pacific Ocean into a housing and retail development.
Friday, November 11, 2016
The Federal Reserve sent out a survey to senior loan officers, asking about the status of mortgage credit, if it was loosening and how many consumers are applying for the products.
Tuesday, November 8, 2016
(Reuters) - D.R. Horton Inc, the largest U.S. homebuilder, reported an 18.7 percent rise in quarterly profit as it sold more homes at higher prices.
The company said it expects fiscal 2017 home sales to rise in a range of 8-13 percent.
Saturday, November 5, 2016
HONG KONG -- Wary of a looming housing bubble, the Hong Kong government introduced new measures on Friday evening in the hope of cooling the city's overheated residential market.
John Augustine: Since this past summer, one of our top recommendations to clients of the Huntington Private Bank has been the importance of having a personal balance sheet.
Tuesday, November 1, 2016
Demand is drying up in the priciest markets.
On the surface, rents, when averaged out across the US, still rose in October, though way slower than during the landlord's golden days, with one-bedroom median asking rent up 1.5% year-over-year and two-bedroom rent up 2.5%, according to Zumper's Rent Report.
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REC News Center
- For Sale: Prince's Minnesota Homes
- Among the secrets of next-door millionaires: one h...
- Mall developer Rusty Lyon, founder of Westcor, die...
- A frightful look back at the crash of Arizona comm...
- Developer sues California panel for $490M over coa...
- Is the mortgage credit box really loosening?
- DR Horton Q4 2016 earnings
- Hong Kong raises stamp duty to cool feverish housi...
- What's On Your Personal Balance Sheet?
- US rental market analysis
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