REAL ESTATE

Median house prices have seen their fourth consecutive drop in the June quarter.

Housing in Australia has become "severely unaffordable", and it will take 10 years of flat-lined prices to rectify, a study has found.

Home prices in 20 major U.S. cities rose 1.0 percent in May, Case-Shiller announced Tuesday, as the sector benefited from the arrival of the warmer months -- historically a period when home sales rise. Still, the housing sector remains sluggish, and several more monthly rises will be necessary to conclude that a recovery is underway.

The mortgage broking industry must attract new entrants or risk cannibalising itself, Vow CEO Tim Brown has commented.

There's no way to sugarcoat it: the U.S. housing market remains a buyer's market. That said, are there ways home sellers can better-position their home for a sale amid such intense competition? Indeed there are, and here are five.

Sale was all cash deal, slightly over asking price

The couple raised the asking price by $8 million

Time was, you could 'bank on' certain trends in the United States: ample career positions for new college graduates, rising incomes, and rising home prices. Times have changed, and regarding the latter, today's unforgiving U.S. housing sector makes due diligence all-the-more important for prospective home buyers.

Just under 23 percent of all home mortgages across the United States are currently “under water,” according to a report by CoreLogic, the information, analytics and business services firm.

With the cost of oil at over $100 per barrel, it is imperative to find ways to cut costs on utilities. This is true for not only homeowners, but business owners alike. One way of doing so is by performing an energy audit. There are firms that will review your current utility bills to identify the most cost effective solutions for your facility. Firms like New Source Energy Group, Inc.

As the clock struck 6 P.M. on May 21st local time, Christmas Island also known as Kiritimati, reported no rapture or other catastrophic events. It began a series of non-events that disproved Harold Camping's long predicted End of Days. The believed rapture is the Biblical belief that Jesus Christ will arrive in a Second Coming to carry the believers up to heaven.

A Polish architectural firm has designed the world’s first zombie-proof house called the “safe House”, reports said.

Conde Nast Publications, supplier of magazines such as Vogue and Vanity Fair, have reached an agreement that will house 5,000 employees at 1 World Trade Center, giving Ground Zero a much-needed corporate anchor.

Owners in Ariel West, 32-story glass tower on the Upper West Side, voted to ban all smoking anywhere in the building

Magnificent Hawaii private residence will have an opening bid of $9.5 million

There is a full blown bed bug epidemic happening all across America and it just seems to get worse with each passing year. For cities such as New York and Philadelphia which are at the epicenter of the outbreak, bed bugs have become an important political issue.

According to the reports, Jennifer Aniston has finally sealed her first deal on New York real estatea – a West Village penthouse formerly owned by celebrity stylist Sally Hershberger.

Jennifer Aniston has reportedly closed on a penthouse in Manhattan for $4.95 million in the name of her beloved pet dog.

Here is a list of the country’s 10 best cities for bachelors, according to a recent survey by Rent.com.

Will Smith has parked his two luxury trailers on the street of lower Manhattan where he is currently filming his upcoming movie “Men in Black III,” with his $25k per month rental only a few blocks away.

Architect Gary Chang in Hong Kong, where apartments are small and expensive due to lack of space, has turned his 330-square-foot apartment into 24 ‘rooms’ via a unique sliding wall system.

The US housing market has continued its process of double-dipping in 2011.

The final hideout where the terrorism chief Osama bin Laden was found and killed last week was not some desolate cave but a large house in the military garrison town of Abbottabad, Pakistan, just an hour from the capital Islamabad.

City Center Las Vegas boasts 18 million square feet and a $9 billion construction bill

The original architectural plans for the house in Abbottabad, Pakistan where Osama Bin Laden was found and killed have been revealed by The Independent.

Almost five years ago, in A New Book on Taxation of Residence Sales: Don't Leave Home Without It, I reviewed Julian Block’s HOME SELLER’S GUIDE TO TAX SAVINGS.”

Actress Sally Field has put her Malibu, CA home on the market for $5.9 million.

Visitors are continuing to flock to the compound in Abbottabad, Pakistan where Osama bin Laden was killed on Sunday and the Al Qaeda chief’s final hideout is becoming a ‘ghoulish’ tourist attraction.

Though the unemployment rate did tick up to 9%, the U.S. economy had a net increase of 244,000 jobs in April.