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Fannie, freddie reform moving at sluggish pace

The focus in Congress for the moment might be the debt ceiling, but not too far in the background the effort to reform Fannie Mae and Freddie Mac chugs along–though not necessarily at a rapid pace.

Tue, Jul 19, 2011

Empire state building keeps getting greener

While sustainability and green initiatives are typically done in small steps — echoing the old “think locally, act globally” sentiment — in this case, thinking big got the job done. After undergoing a retrofit initiative in 2009, the tallest building in New York City has achieved Energy Star certification for 2010, its second year in a row.

Tue, Jul 19, 2011

Spanish house prices drop 6.6% in june

Prices for property in Spain fell by 6.6 per cent last month compared with June 2010, new figures have revealed.

Tue, Jul 19, 2011

Growing supply 'brings abu dhabi rents down'

Growing supply, combined with a cutback in government spending on economic diversification and infrastructure upgrade, will put additional downward pressure on rents and real estate prices in Abu Dhabi, said a report.

Tue, Jul 19, 2011

Cbre real estate report points to growth in portugal

Returns on investment in commercial property in parts of Portugal have outperformed the sector in other countries in Europe, a new report has shown.

Tue, Jul 19, 2011

Eu presses denmark over new border control

The European Commission says it is not convinced that Denmark's reimposition of border controls is justified.

Tue, Jul 19, 2011

Cyprus property picture improves

Figures recently released by the Department of Lands and Surveys show that 1,316 property transfers took place at District Lands Offices throughout Cyprus during June; an increase of more than 100 on the number that took place in May.

Tue, Jul 19, 2011

Seinfeld puts 11-bedroom colorado home on the market for $18.3million

Comedian Jerry Seinfeld has put his luxury Colorado mansion up for sale for $18.3million. The 14,200 square-foot, 11 bedroom home boasts a 5,500 square-foot deck with spectacular mountain views.

Tue, Jul 19, 2011

Kenyan real estate prices drop

Rising inflation and a growing difficulty for buyers to secure financing is slowing the growth of real estate prices in real terms in East Africa’s largest economy. The prices are on the rise but are still below inflation and expected to keep falling.

Tue, Jul 19, 2011

2011's summer of innovative attractions

A look at some of the newest attractions around the world to see this summer.

Mon, Jul 18, 2011

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