For Sale: Prince's Minnesota Homes

The special administrator of the estate of the late music legend Prince has put several of the singer's Minnesota properties up for sale.

Read more... http://www.realestate.com.au/news/prince-nelson-massive-property-empire/

Developer sues California panel for $490M over coastal land

NEWPORT BEACH, Calif. (AP) - Developers have sued the California Coastal Commission for more than $490 million in damages for failing to approve a project that would have turned a 401-acre stretch of oil field overlooking the Pacific Ocean into a housing and retail development.

Rest more... http://m.washingtontimes.com/news/2016/nov/5/developer-sues-california-panel-for-490m-over-coas/

Is the mortgage credit box really loosening?

The Federal Reserve sent out a survey to senior loan officers, asking about the status of mortgage credit, if it was loosening and how many consumers are applying for the products.

Read more... http://www.housingwire.com/articles/38468-is-the-mortgage-credit-box-really-loosening

DR Horton Q4 2016 earnings

(Reuters) - D.R. Horton Inc, the largest U.S. homebuilder, reported an 18.7 percent rise in quarterly profit as it sold more homes at higher prices.

The company said it expects fiscal 2017 home sales to rise in a range of 8-13 percent.

Read more... http://www.businessinsider.com/dr-horton-q4-2016-earnings-2016-11

Hong Kong raises stamp duty to cool feverish housing market

HONG KONG -- Wary of a looming housing bubble, the Hong Kong government introduced new measures on Friday evening in the hope of cooling the city's overheated residential market.

Read more... http://asia.nikkei.com/Markets/Property/Hong-Kong-raises-stamp-duty-to-cool-feverish-housing-market

US rental market analysis

Demand is drying up in the priciest markets.

On the surface, rents, when averaged out across the US, still rose in October, though way slower than during the landlord's golden days, with one-bedroom median asking rent up 1.5% year-over-year and two-bedroom rent up 2.5%, according to Zumper's Rent Report.

Read more... http://www.businessinsider.com/us-rental-market-analysis-2016-11