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Sentosa Island–Singapore’s waterfront playground where homeowners park yachts outside front doors–turns 50 years old this year. Formerly known as Pulau Belakang Mati, the nearly two-square-mile isle sits at the southern end of mainland Singapore–minutes away via cable car, auto, public transport, bicycle, moving walkway, or a garden-themed boardwalk. Singapore’s government has infused Sentosa (“peace and
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As if the nearly 6 acres of hilltop offering 360-degree views of Camelback Mountain, the Praying Monk rock formation, the Phoenix Mountain Preserve and South Mountain weren’t enough to make this Arizona estate a standout, there’s much more. For starters, there’s the history. The McCune Mansion in Paradise Valley takes its name from Pennzoil heir
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The housing market landscape is vastly different than it was several months ago as potential home buyers and sellers continue to hesitate amid affordability challenges and mortgage rate swings exacerbating the housing cost roller coaster for buyers. Home values slipped for the second consecutive month as mortgage costs continue to sideline buyers, according to Zillow’s
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In this article CTRN Peopleimages | Istock | Getty Images Citi is expanding a program to encourage homeownership in diverse communities, as part of a new set of initiatives to broaden access to its lending products. The program, called HomeRun, seeks to help eliminate the key barriers to homeownership, particularly with regard to cost and
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Commercial property is a bright spot in Chinese real estate, in contrast with the doom and gloom of the residential housing market. Property analysts and developers said offices, warehouses and business parks are proving resilient, and continuing to turn over steady rental revenue — albeit discounted due to softer demand. Hong Kong-listed property group KWG
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Mortgage demand appears to have nowhere to go but down, as interest rates go up. Application volume dropped 1.2% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The week’s results include an adjustment for the observance of Labor Day. Since last year, homebuyers’ demand for mortgages has
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Correction Moody’s analyst Ted Hampton views New Jersey’s post-recession pension cost of living adjustments as signficant for the state retirement system, but faced weaker-than-anticipated market performance and a growing number of retirees eligible for benefits. The context of his views was not clear in the original version of the story. September 19, 2022 3:04 PM
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Whatever the outcome of the midterm elections that are now only weeks away, municipal bond market advocates will remain committed to core priorities while investors will be focused on interest rates and inflation. Protect the tax exemption. Bring back tax-exempt advance refunding. Raise the ceiling on bank-qualified debt. Create a direct-pay bond program. Reduce the
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The Municipal Securities Rulemaking Board has voted to amend its Rule G-40 to allow municipal advisors to use testimonials in advertisements and Rule A-12 to make changes to Form A-12 on registration. The changes to G-40 will amend the current provision that states “a municipal advisor shall not, directly or indirectly, publish circulate or distribute
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