Ellington Financial LLC (NYSE:EFC) reported that it has priced an underwritten public offering of 5M common shares on behalf of limited liability firm interests for total anticipated gross proceeds of around $131.5M. The firm has decided the underwriters an option for 30 days to buy about an extra 750,000 common shares.  The contribution is subject to usual closing conditions and is predicted to close... 

United States real estate sector expected to expand in the near future as the Bank of America Corp (NYSE:BAC) predicted an 8 % growth for 2013 while JPMorgan Chase & Co. (NYSE:JPM) estimated the sector to gain 7 % this week. The bank’s estimates for 2015 tell a growth rate of 14 % while the previous estimates showed the sector to expand by 4.7 %. The expected growth in the sector is being driven... 

Amidst the growth in the value of US housing recovery investments JPMorgan Chase & Co. (NYSE:JPM) has decided to give its affluent clients a chance to invest in the single family rental market. Company says there would be strong returns as much as 8 % annually from the money when a home will be sold and also from rental income. In a partnership the firm puts its clients’ money by buying more... 

For the first time since 2005 US annual economic growth is to get a boost from existing home sales that have climbed to a three-year high as of November. The National Association of Realtors in Washington reported today that existing home sales showed a 5.9% rise to 5.04 million annual rate, its highest in three years. A median forecast of 82 economists surveyed by Bloomberg projected a 4.9 million... 

‘Tis the season and more than just retail is seeing a shopping boom as home buyers are still going strong during what is traditionally a holiday lull in the residential real estate market. As a result eager buyers for available properties are fueling price increases in cities throughout the US. For example, the average purchase price of homes in Pasadena, California rose in November compared to a... 

The real-estate market in India, despite its opportunities, has seen a sharp decline in investments from overseas over the past two years and, in future , global investors are expected to be more cautious investing in markets that lack international standards, according to Sean Tompkins, global chief executive officer of UK-based Royal Institution of Chartered Surveyors. RICS is a professional qualification... 

The China Times reports Google Inc. (NASDAQ:GOOG) is planning to unveil own-brand notebooks before the end of 2012 featuring touch screen technology. The report also claims that the company has directly placed all of the orders for hardware for the product’s manufacture, rather than through a partner such as Asus (with whom it makes the Nexus-7 tablet) or Samsung (with whom it makes the Galaxy Nexus... 

The Miami real estate market continues to boost as it approaches a complete year of noteworthy price increases driven by higher sales and an inventory shortage, according to the latest report from the Miami Association of Realtors. Regardless of very limited inventory, total residential sales in Miami-Dade County moved up 24.2% in October versus a year earlier. The sales of existing condominiums in... 

An unexpected rise in new mortgage approvals to a nine-month high in October gave further evidence on Friday of indications of an upturn in the UK housing market. The British Bankers’ Association (BBA) reported that approvals were higher than expected at 33,039, as compared to 31,544 in September. Economists had predicted a smaller growth to 32,000. Gross mortgage loans amounted £7.5bn, slightly... 

Housing demand in the Waterloo Region Census Metropolitan Area (CMA) is expected to move up next year as U.S. economic growth supports local employment, according to Erica McLerie, Canada Mortgage and Housing Corporation’s (CMHC) Senior Market Analyst for Waterloo Region. CMHC recently provided its most recent projection for the Waterloo Region CMA at the annual CMHC Housing Outlook Seminar. Some...