Real estate News 01/2012
Tax incentives for real estate investors
Real Estate Newsday > Classifieds > Real Estate Tax incentives for real estate investors Published: January 3, 2012 11:27 AM By IYLCE GLINK AND SAMUEL TAMKIN Tribune Media Services Q: With the US real estate market still at death's door – and the ... (Jan 3, 2012, Newsday)
Ex-Israeli leader Olmert accused of seeking bribes
(AP) JERUSALEM — Former Israeli Prime Minister Ehud Olmert was indicted Thursday on new corruption charges for allegedly seeking hundreds of thousands of dollars in bribes in a wide-ranging real estate scandal that dwarfs the other cases in which he's ... (Jan 5, 2012, CBS News)
Logistics real estate market poised for growth in 2012, according to Grubb ...
Logistics real estate market poised for growth in 2012, according to Grubb ... (Jan 5, 2012, Logistics Management)
Synergy Real Estate Group, Corporate Advisory Helps NASA Hubble Lease New ...
Synergy Real Estate Group, Corporate Advisory Helps NASA Hubble Lease New ... (Jan 5, 2012, MarketWatch (press release))
Real estate: 5 reasons to get a new mortgage in 2012 | The Republic
"If you can take out an investment loan at 4.5 percent and rent out (the property) and make a few dollars a month, annually, the return will be worth the loan," he says. "Not to mention the tax write-offs and other advantages of owning real estate. ... (Jan 5, 2012, The Republic)
Clayton Real Estate Agent Arrested for Financial Elder Abuse & Forgery
Roberts is an unemployed but licensed real estate agent who resided with his parents in Clayton, CA. The District Attorney charged Roberts with financial elder abuse and forgery relating to the Grant Deed, but Roberts is also charged with forging his ... (Jan 5, 2012, San Francisco Chronicle (blog))
The Real Estate Corner: A difference that matters
Many people use the word realtor to describe someone who is a real estate agent or broker. However, there is a difference between a real estate agent or broker who is a Texas realtor and one who is not. As a realtor myself, I believe there are ... (Jan 5, 2012, Blanco County News)
Real estate: 5 reasons to get a new mortgage in 2012
"If you can take out an investment loan at 4.5 percent and rent out (the property) and make a few dollars a month, annually, the return will be worth the loan," he says. "Not to mention the tax write-offs and other advantages of owning real estate. ... (Jan 5, 2012, San Jose Mercury News)
Real-estate expert Orr joins ASU as analyst
5, 2012 06:46 PM Arizona State University has a new real-estate analyst, but he's no newcomer to metro Phoenix's housing market. Mike Orr, publisher of the "Cromford Report," a daily online real-estate market analysis for metro Phoenix, has joined the ... (Jan 5, 2012, AZ Central.com)
Bethesda-Chevy Chase school plan creates real estate paradox
By Catarina Bannier When it comes to schools and real estate in the DC area, the formula seems paradoxical: Every buyer wants to live in a great school district, but no home owner wants to have a school in his or her neighborhood, let alone across the ... (Jan 5, 2012, Washington Post (blog))
Olmert charged for graft in Holyland Affair
By JOANNA PARASZCZUK Former PM, 15 others charged in real estate corruption scandal dubbed one of the largest in Israel's history. In a new twist to the Ehud Olmert corruption saga, the former prime minister and 12 others were indicted on Thursday on ... (Jan 5, 2012, Jerusalem Post)
San Francisco Home Sales Office, Climb Real Estate Group Announces their 2011 ...
San Francisco Home Sales Office, Climb Real Estate Group Announces their 2011 ... (Jan 6, 2012, San Francisco Chronicle (press release))
Top 10 Predictions for Residential Real Estate
5, 2012 -- /PRNewswire/ -- As the country shakes off the effects of the worst economic recession in recent history, the residential real estate market is beginning to rebound, and Dave Liniger, Chairman and Co-Founder of the leading real estate ... (Jan 6, 2012, Sacramento Bee)
Marathon County real estate transactions
These are the Marathon County real estate transactions for Nov. 28 to Dec. 2. Totals as of Dec. 2 are 1939 transactions valued at $270872836. » Daniel K. Lacerte, Diana A. Lacerte to Andrew C. Schwantes, Jessica J. Schwantes, lots/units 18,19, block 3, ... (Jan 6, 2012, Wausau Daily Herald)
Real Estate Fraud Ring Rolled Up
By DAVID LEE (CN) - An officer of a Las Vegas-based real estate investment firm faces up to 30 years in federal prison after pleading guilty to a $3.4 million mortgage fraud, prosecutors said. Hugo Coutelin, 62, of Santa Fe, NM, pleaded guilty in Las ... (Jan 6, 2012, Courthouse News Service)
Real Estate Wonk: What sellers ask vs. what buyers pay
It's interesting to see how different the median asking price and median selling price were in 2006 and how the gap has shrunk since then. Incidentally, the asking price of the typical home for sale vs. the price of the typical home sold isn't the same ... (Jan 6, 2012, Baltimore Sun (blog))
St. Charles County Council Gives Reprieve on Real Estate Taxes
By Joe Scott St. Charles County Council voted to eliminate late fees and interest payments for any 2011 real estate tax bill paid by Jan. 23. St. Charles County residents now have some additional time to pay their 2011 real estate taxes. ... (Jan 6, 2012, Patch.com)
Olmert accused in real estate scandal
Former Israeli prime minister Ehud Olmert has been indicted on new corruption charges for allegedly seeking hundreds of thousands of dollars in bribes in a real estate scandal that dwarfs other cases in which he is accused. According to the indictment, ... (Jan 6, 2012, Sydney Morning Herald)
Kathy Yamamoto: Check out agent before signing on
What steps are necessary in order to find a good real estate agent? ANSWER: Because a real estate transaction is often one of your largest and most important buying decisions, the following tips can help make it a positive experience. ... (Jan 6, 2012, The Salinas Californian)
Real estate predictions in 2012
By James Sarles One of the interesting parts of ringing in the New Year is the speculation on what the New Year will bring to the Grand Bahama Real Estate Market, the US Real Estate Market and the world Real Estate Market. ... (Jan 6, 2012, thebahamasweekly.com)
Luxury Real Estate Bears punter buys Libertyville house
The real estate agent who represented him in his purchase, Michele Wilson of Coldwell Banker, said Podlesh is getting married in March and wanted to start married life in a new home. Related Chicago's elite home buyers & sellers Photos: Chicago's elite ... (Jan 6, 2012, Chicago Tribune)
Investors Real Estate Trust Announces 2011 Distribution Allocation
Shareholders are encouraged to consult with their personal tax advisors as to the specific tax treatment of their Investors Real Estate Trust distributions. None of the following 2011 calendar year distributions is eligible for treatment as "qualified ... (Jan 6, 2012, MarketWatch (press release))
WP Carey School upgrades real estate programs
Worldwide attention is now focused on the Phoenix-area real estate market and its slow recovery from the foreclosure crisis. At the same time, the WP Carey School of Business at Arizona State University is making some timely upgrades to its real estate ... (Jan 6, 2012, Arizona State University)
Real Estate 2011 Recap
Peachtree Corners had a historic year regardless of the real estate market. I'm excited to follow as the City of Peachtree Corners evolves and we all see the impact on our values. Berkeley Lake had great news as well. FEMA agreed to cover the major ... (Jan 6, 2012, Patch.com)
Real estate groups offer mixed reactions to Cordray appointment
Real estate groups had mixed reactions to President Obama's controversial appointment Wednesday of Richard Cordray as the first director of the US Consumer Financial Protection Bureau (CFPB). While the bureau has had the power to regulate big banks ... (Jan 6, 2012, Inman.com)
NYSE boots O.C. real estate firm
By JEFF COLLINS / THE ORANGE COUNTY REGISTER Santa Ana-based commercial real estate chain Grubb & Ellis reported that its stock began trading today over the counter after being "delisted" by the New York Stock Exchange. The firm – one of the nation's ... (Jan 6, 2012, OCRegister)
William P. Carey, Leader in Commercial Real Estate, Dies at 81
William P. Carey, who played a leading role in the early use of the commercial real estate transaction known as the sale-leaseback as he built a fortune in investment management, died on Monday in West Palm Beach, Fla. He was 81 and lived in Manhattan. ... (Jan 6, 2012, New York Times)
Retail realty rebounding in Oklahoma City, real estate firm says
Rising store sales and stronger retail rents should put landlords in the best position they've been in for several years, according to Price Edwards & Co., the biggest local commercial real estate firm. BY RICHARD MIZE [email protected] Leave a ... (Jan 6, 2012, NewsOK.com)
Hall County real estate developer dies
By Patrick Stoker [email protected] A prominent Hall County real estate developer was remembered Friday as being "a good friend" and leader in the community. Edgar Brown Dunlap Jr. died early Friday morning at his Gainesville home following ... (Jan 6, 2012, Gainesville Times)
Real-estate pros hopeful about apps, social media in new year
"There was no online database of anything," recalled Nowak, who now works for Zillow, the Seattle-based provider of real-estate data. Had she had the resources buyers have at their disposal today, Nowak would have operated differently. ... (Jan 6, 2012, The Seattle Times)
Flipped Junction homes taken on a wild real estate ride ending in fraud ...
Flipped Junction homes taken on a wild real estate ride ending in fraud ... (Jan 6, 2012, Toronto Star)
Serious Real Estate Investors
Our subscriber list reads like a "who's who" of the real estate industry, including published authors, contributors to CNBC & Bloomberg, and highly respected educators and speakers. They all know what you'll soon find out: The Bryan Ellis Real Estate ... (Jan 7, 2012, Bryan Ellis Real Estate Letter)
The scourge of real estate transfer taxes
As local, county and state governments face growing, and sometimes desperate, economic needs, they increasingly turn to real estate transfer taxes as a source of funding. This is a tax that may be imposed at the closing of home sales or other real ... (Jan 7, 2012, Sioux City Journal)
Real estate update for 2011
By Julia Kazar Numerous foreclosures, a high unemployment rate and an inability to get financing meant 2011 was a slow year for real estate nationally. Dodge City also experienced a slow time in real estate sales. However, Dodge's housing market was ... (Jan 7, 2012, Dodge City Daily Globe)
Real estate sales look promising on island
Word on the street is that the island real estate market is recovering by leaps and bounds. While 2011 sales numbers showed the Charlotte County market was up by 11 percent and Sarasota was up by 17 percent, Gasparilla Island is up by 57 percent. ... (Jan 7, 2012, Boca Beacon)
Avon Real Estate Transfers
By Melissa Hebert 12/12/2011: 35972 Bentley Drive, parcel 04-00-015-110-110. From Andrew and Lisa Isaac to Joseph and Randi Miles. Total sale: $301000. 12/12/2011: 3422 Tuscany Circle, parcel 04-00-026-109-285. From Felipe and Kimberly Diaz to Danny ... (Jan 7, 2012, Patch.com)
School in Lee County teaches real estate
Barbara Cleaver and Mel King give real estate agents the education they need to succeed in a tough market. / Andrea Stetson/news-press.com INFO: Next pre-agent class begins Monday Jan. 9 and the next one March 19 SPECS: Must have at least two years of ... (Jan 7, 2012, The News-Press)
Upcoming real estate events
Business/real estate investing education: Property tax appeals -- let Mark Avery help you learn how to prepare for your 2012 "This Is Not a Tax Bill" from your city in March and "How to Appeal Your Property Taxes" notices, on 5:30-9:30 pm Thursday at ... (Jan 7, 2012, Detroit Free Press)
The Power Team, a Local Pensacola Real Estate Firm has Joined Pointe South ...
The Power Team, a Local Pensacola Real Estate Firm has Joined Pointe South ... (Jan 8, 2012, PR Web (press release))
Luxury Real Estate Partners Named Exclusive Broker for a Luxury Penthouse at ...
Luxury Real Estate Partners Named Exclusive Broker for a Luxury Penthouse at ... (Jan 8, 2012, San Francisco Chronicle (press release))
Commercial real estate rebounds
Just before Christmas, Amazon.com finalized plans to open a 1.2 million square-foot facility on Murfreesboro's Joe B. Jackson Parkway, which amounts to 1300 jobs and a $135 million economic investment. City officials approved a nearby trucking hub for ... (Jan 8, 2012, Murfreesboro Post)
Real estate: Two Mexican restaurants struggle with debt
La Fuente Restaurant, 1749 N. Oracle Road, has filed for Chapter 11 bankruptcy protection to avoid foreclosure and will remain open. Two longtime Tucson restaurants, struggling with loan payments and facing foreclosure, filed for bankruptcy protection ... (Jan 8, 2012, Arizona Daily Star)
Commercial Real-Estate Update, Dec. 11-17
Source: Commercial real-estate information is compiled by CompuName from county records. The listings include the largest transactions in Franklin and surrounding counties. Some figures are rounded. A pair of Democratic lawmakers say the time has come ... (Jan 8, 2012, Columbus Dispatch)
A few information concerning common slipups people who invest in real estate make.
A real house transaction should be reinforced by the sound investment strategy, together with the property market is not really some sort of get-rich-quick performance. Take some time to first educate yourself concerning real estate investment, ... (Jan 8, 2012, Imperial Valley Weekly)
'Better real estate' is Lanier's guiding light
There are Lanier's investments in Portugal, where the Brazil native founded a real estate company not long before the country and Europe ran into financial straits. (“We have a big euro exposure now, but we'll weather that,” Lanier says.) ... (Jan 8, 2012, Washington Post)
Axa raises €2.5bn fund for real estate
The real estate arm of the French insurer, which raised €585.5m largely from pension and insurance funds, will use the fund to target upmarket developments in Europe. Completion of the fund, which will be bolstered by debt and reinvestment proceeds ... (Jan 8, 2012, Financial Times)
Sarawak's real estates a safe asset in 2012
Contrary to speculations that the general property segment in Malaysia would experience a slowdown in sales this new year, Sim Kiang Chiok secretary general of Sarawak Housing and Real Estate Developer Association (Sheda) believed that the real estate ... (Jan 8, 2012, The Borneo Post)
William P. Carey, Leader in Commercial Real Estate, Dies at 81
William P. Carey, who played a leading role in the early use of the commercial real estate transaction known as the sale-leaseback as he built a fortune in investment management, died on Jan. 2 in West Palm Beach, Fla. He was 81 and lived in Manhattan. ... (Jan 8, 2012, New York Times)
Riverton real estate agent says sharing name with felon 'has been a nightmare'
Instead of his real estate website, realdealutah.com, or even his Facebook page, news articles about Troy Reed Critchfield fill his screen. Sandypolice in December arrested that Critchfield for allegedlykidnapping a woman and raping and sodomizing her ... (Jan 8, 2012, Salt Lake Tribune)
Dan Joyner, Upstate real estate giant, dies
By David Dykes C. Dan Joyner, the jovial giant of Greenville's real estate community, died Sunday evening. Known for his ever-present smile, genial manner, business skills and a life-long love for his community and Furman University, Joyner built a ... (Jan 8, 2012, Greenville News)