House explosion rocks Virginia neighborhood as police try to serve search warrant
A massive explosion engulfed a home and rocked a neighborhood in Arlington, Virginia, as police were investigating a man who...
USA Property
The Average Income Needed To Afford A Home In The US Today Exceeds The Average Income By Tens Of Thousands Of Dollars
The average American wage earner needs to earn tens of thousands of dollars per year more than in the past...
Barbara Corcoran Says Housing Prices ‘Are Going To Go Through the Roof’ — But When?
Kathy Hutchins / Shutterstock.comIf you’re a prospective homebuyer, you’re likely in a tough spot. While you may be tempted to...
Federal US court awards $1.8B in damages after major realtor firms found guilty of conspiring to inflate commissions on home sales — and it turns out that was only the beginning
‘Rigged’: Federal US court awards $1.8B in damages after major realtor firms found guilty of conspiring to inflate commissions on...
US funding for Ukraine set to run out by end of the year, White House warns
Stay informed with free updatesSimply sign up to the War in Ukraine myFT Digest -- delivered directly to your inbox.The White House has issued a blunt warning that the US is set to run out of funds to aid Ukraine by the end of the year, saying that a failure by Congress to approve new support would “kneecap” Kyiv.The alert from Shalanda Young, the White House budget director, in a letter to congressional leaders on Monday, represented the most specific assessment yet of Washington’s waning financial and military support for...
‘Nearly out of time’: White House issues dire warning to Congress about stalled Ukraine aid
The White House on Monday issued a dire warning about the urgent need to approve aid to Ukraine in its...
Japanese housebuilders hunt US M&A deals
Stay informed with free updatesSimply sign up to the Property sector myFT Digest -- delivered directly to your inbox.Three of Japan’s biggest developers are “aggressively” shopping for housebuilders to buy in the US as they hunt growth outside their shrinking domestic market.Daiwa House, Sekisui House and Sumitomo Forestry are all actively searching for US acquisitions and have approached multiple potential targets, according to four M&A bankers and lawyers familiar with the matter.The Japanese groups have market capitalisations ranging from Y770bn to Y2.7tn, or $5.3bn to $20bn, making numerous large US...
Oracle co-founder Larry Ellison’s billion-dollar property portfolio, from a villa in Kyoto and a Japanese-inspired estate in California, to an island in Hawaii and Frank Sinatra’s Lake Tahoe casino
Here are some of the stand-out properties in Ellison’s ever-increasing portfolio.Newport, Rhode IslandLarry Ellison bought Beechwood Mansion in Newport and...
Before his death, Charlie Munger warned of a storm brewing in the US real estate market — where Berkshire Hathaway will now seek refuge
‘The buildings don’t go away … but the owners do’: Before his death, Charlie Munger warned of a storm brewing...
US Senate panel launches inquiry into Citizens Property Insurance
TAMPA, Fla. (WFLA) — A United States Senate panel has launched an investigation into Citizens, Florida’s state-owned and operated insurer...
