Real Estate/REITs

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U.S. Homeownership Rate Falls To 20-year Low In 4th Quarter

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More Americans opted to rent rather than buy a house, government data shows.

Pending Sales of Existing Homes In U.S. Drop by Most In A Year

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Fewer available properties, higher prices and still-tight credit are hurdles for some customers as first-time buyers remain reluctant to enter the market.

Rentals Growing Over Home Ownership

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More baby boomers and millennials are being forced to rent homes, Paradigm Financial says.

News From Inside ETFs: Sonders Says Global Diversification May Pay Off In 2015

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2015 could be the first year in a while where global diversification rewards investors, Schwab's chief investment strategist Liz Ann Sonders said.

Condo Tower Planned for Jersey City to Be NJ’s Tallest Building

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A Chinese developer is planning a 95-story condominium tower for the Jersey City, N.J., waterfront that would be the state's tallest building and aimed at those priced out of Manhattan.

REITs Emerge As Saviors For Misfit American Borrowers

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Mortgage-focused real estate investment trusts are backing loans to Americans who don’t meet banks’ requirements.

Obama Cutting FHA Costs Boon To First-Time Buyers

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A quarter of a million Americans who have been shut out of the housing recovery may be able to get a mortgage now that President Barack Obama has cut the cost to insure their loans.

New World Trade Center Attracts Few Financial Companies

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When lower Manhattan’s new World Trade Center was conceived a decade ago, nobody had in mind a Silicon Valley in the sky.

Wainscott Capital Founder Killed In Manhattan Apartment

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Wainscott Capital Management's founder was shot in the head and killed at his apartment in Manhattan yesterday, prompting investigators to seek his son, according to the NYPD.

Housing Costs For U.S. Renters Climbed By $20.6 Billion In 2014

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U.S. renters paid $441 billion for apartments as fewer Americans owned their homes and landlords with tight inventories raised leasing charges, Zillow says.

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