Real Estate News

Real estate News 04/2012



Snags leading to more real estate contract cancellations
By Kenneth R. Harney WASHINGTON — What's behind the unusually high rate of contract cancellations and settlement delays in the real estate market? With signs of recovery emerging in many parts of the country, shouldn't deals be zipping along with ...
Commercial real estate gets spotlight
MUNCIE -- The local business community will get some insight into "The State of Commercial Real Estate" in an upcoming luncheon by that name. "It's the first time we've done this," said Mike Lunsford, local real estate developer and principal at ...
Real Estate Transfers - 4/1/12
Donald Wood and Shari Wood to Michael Harb, in Westmoreland Estates subdivision, $545000. Scott Lammers and Lisa Lammers to Bank of New York-Mellon and CWMBS Inc., in Saddle Ridge subdivision, $536651. Lawrence Delonge and Kaylene Delonge to Kyle ...
REAL ESTATE & RENTALS
Laura Wesolowski, 29 and unemployed, has accrued over $100000 in student loan debt. Wesolowski, in her Philadelphia apartment, has just received an email stating she did not get the job she has applied for. (Sharon Gekoski-Kimmel / Staff Photographer) ...
HMB Places over 30 Properties in Online Auction on FRE.de
Many of the properties in this portfolio were previously thought to be unavailable, but in an unprecedented move by HMB, interested buyers now have the unique opportunity to purchase the real estate at a deeply discounted rate and in a very convenient ...
Mortgage Column
Spanish home prices are poised to fall the most on record this year, leaving one in four homeowners owing more than their properties are worth, as the government forces banks to sell real-estate holdings. Home prices will decline 12 percent to 14 ...
Public Worker Pensions Find Riskier Funds Fail to Pay Off
Searching for higher returns to bridge looming shortfalls, public workers' pension funds across the country are increasingly turning to riskier investments in private equity, real estate and hedge funds. But while their fees have soared, their returns ...
CoStar: Region's property prices continue recovery
Prices for commercial real estate property have been on a wild ride in recent years. As was the case in the single-family housing market, commercial property prices increased rapidly during the middle of the past decade but then took a nose dive during ...
Real Estate agent sells client short
A real estate agent who sold an elderly woman's home for much less than its true value has been fined $14000 but allowed to keep his sales licence. Last month District Court Judge Ralph Soulio issued a "formal reprimand" and fined Daniel Christiaan ...
Insight: Bank stampede keeps Spanish real estate on the ropes
"What is leading to sales is not so much the price, as the monthly mortgage cost," said Carlos Ferrer-Bonsoms, at real estate agent Jones Lang LaSalle. "Many promotions that we see are advertising what the cost of the mortgage will be per month, ...
Goldman Sachs eyes $3 billion property debt fund: report
LONDON (Reuters) - A private equity arm of Goldman Sachs is looking to launch a $3 billion property debt fund in a bid to take advantage of a growing shortage of real estate financing across the UK and Europe, British newspaper the Times said on Monday ...
Real estate sales trending up
In the Northeast Ohio Real Estate Exchange area, which comprises real estate data from 17 counties including Coshocton, Holmes and Tuscarawas counties, almost 500 more homes were sold this February than 2011's total, according to statistics from the ...
Media Advisory - CIBC to host leading Real Estate executives at its 17th ...
Media Advisory - CIBC to host leading Real Estate executives at its 17th ...
Inland Real Estate Corporation Announces Joint Venture Acquisition of Two ...
Inland Real Estate Corporation Announces Joint Venture Acquisition of Two ...
Century 21 Real Estate LLC Becomes the Official Real Estate Partner of US Soccer
PARSIPPANY, NJ, Apr 02, 2012 (MARKETWIRE via COMTEX) -- Century 21 Real Estate LLC, the franchisor of the world's largest real estate sales organization, today announced it is the official real estate company of US Soccer, including the US Men's and ...
Real estate transactions for April 1
$125000 Lemoniades Chris G, Lemoniades Lisa S to Djjs Real Estate LLC, Lot 17 Blk L1 Riverdale Resubdivision, OR Book 02412 Page 5469, March 19. $125000 Scholtz Gerald E to White Helen A, Village Green of Bradenton Sections 8 Unit 5824, OR Book 02413 ...
Whalen on Real Estate and Housing Market
Apr. 2, 2012 - April 2 (Bloomberg) -- Christopher Whalen, a senior managing director at Tangent Capital Partners LLC and author of "Inflated: How Money and Debt Built the American Dream," talks about the US housing market. Whalen speaks with Tom Keene ...
REAL ESTATE: Forecast is bullish through 2014
Returns for institutional investors and real estate investment trusts are expected to be between 8 percent and 11 percent, and issuance of mortgage-backed securities is expected to more than double. The ULI forecasts are national and were not broken ...
USAA, Wood Partners, East West Teaming on $62M Colorado Project
ATLANTA - USAA Real Estate Co. has joined in on the $62 million Alta City House development of Wood Partners LLC and East West Partners in Denver, kicking in capital to jump-start a groundbreaking in August. Atlanta-based Wood is developing 280 units ...
Keeping Tabs on Commercial Real Estate Industry Trends -- Zoliath.com Launches ...
Keeping Tabs on Commercial Real Estate Industry Trends -- Zoliath.com Launches ...
REAL ESTATE: Underwater refinancing not fully embraced by lenders
BY LESLIE BERKMAN A new version of a federal refinancing program designed to ease the financial pain of upside down homeowners has been embraced to various degrees by lenders, posing obstacles for prospective borrowers. An expanded Home Affordable ...
REAL ESTATE ALERT: Bethesda Estate Services Contributes to Value of Downsizing
The financial benefits of downsizing include: lower mortgage payments, less real estate tax, decreased utility bills, reduced homeowner's insurance, and lower maintenance costs. Additionally, homeowners who downsize often incur less debt, lead simpler ...
Zillow and Yahoo! Renew Advertising Deal, Powers Largest Real Estate Network ...
Zillow and Yahoo! Renew Advertising Deal, Powers Largest Real Estate Network ...
Royal LePage launches new commercial real estate program
Royal LePage Real Estate Services is proud to announce the rebirth of its storied Commercial brand to support the company's nationwide network of commercial real estate practitioners and their clients. Royal LePage's new commercial real estate offering ...
DFW Top Real Estate Agent Eva Bauer Launches New Website
DFW top real estate agent Eva Bauer announces the launch of her new website, EvaBauer.com, a new resource for buyers and sellers of the DFW Metroplex and Coppell real estate for sale. Aiming to provide homebuyers and sellers in the DFW Metroplex with a ...
Justin Bieber's real estate woes
The latest news to come out of the the Biebs' real estate hunt is that the sprawling Calabasas house he has his eye on has been appraised for significantly less — $6 million less — than the asking price, reports TMZ. This is bad news for any buyer, ...
Monmouth Real Estate Investment Corporation Will Host Second Quarter 2012 ...
Monmouth Real Estate Investment Corporation Will Host Second Quarter 2012 ...
Beach To Bay Real Estate Center
We work 24/7 Welcome to Beach to Bay Real Estate Center – your one-stop shop for Delaware Real Estate. Beach to Bay Real Estate Center practices all phases of Real Estate and covers Sussex and Lower Kent Counties. Whether you are in the market to buy, ...
Ventas Chairman & CEO, Debra Cafaro, to Discuss Real Estate & Deal-Making at ...
Ventas Chairman & CEO, Debra Cafaro, to Discuss Real Estate & Deal-Making at ...
Real estate profile, April 3, 2012
By AUBREY COHEN, SEATTLEPI.COM STAFF Haller Lake is a pretty area of Seattle with large lots and mid-century homes. Here are three listed for between $300000 and $400000, starting with 12550 Corliss Ave. N. The 1223-square-foot rambler, built in 1949, ...
Investment Up In Small Real Estate Cos In Q1, While Overall REITs Weaker
Investors piled into the stocks of small real-estate companies during the first quarter, an indication that the improving economy is encouraging investors to take on more risk. Overall, the performance of real-estate investment trusts was weaker in the ...
Fronsac Real Estate Investment Trust Releases Annual Financial Statements
MONTREAL, QUEBEC, Apr 03, 2012 (MARKETWIRE via COMTEX) -- Fronsac real estate investment trust ("Fronsac REIT") (CVE:CA:GAZ.UN) today released its audited consolidated financial statements for the year ended December 31, 2011. On July 1st 2011, ...
Central Oregon real estate man punished for cheating Social Security of ...
Central Oregon real estate man punished for cheating Social Security of ...
Time to Sell Penthouse. The Russians Have Cash.
More than 200 real estate brokers and lawyers, many of them among the most ambitious in the Manhattan real estate world, filed into an Off Broadway theater last month for three hours. The subject of the gathering was not art, but money: specifically, ...
Royal LePage launches commercial brand
Real estate . Royal LePage Real Estate Services has launched a commercial brand to complement its residential division. "I am convinced that the positive turn in the economic cycle will be supportive of our re-emergence into the commercial market," ...
Fort Collins real estate forum asks: Is multifamily housing the next bubble?
With an uptick in apartment development to meet demand, real estate watchers ponder whether multifamily housing will be the next bubble. » Terra Vida: 240 units, Lady Moon Drive. An additional 240 units likely will follow after the first phase is ...
Hamptons real estate heating up again
That may be a very good sign for the Hamptons luxury real estate market, which has been burdened for nearly four years with a glut of homes priced too high to sell. All over the Hamptons, summer homes are starting to move again, according to more than ...
Insight: Bank stampede keeps Spanish real estate on the ropes
"What is leading to sales is not so much the price, as the monthly mortgage cost," said Carlos Ferrer-Bonsoms, at real estate agent Jones Lang LaSalle. "Many promotions that we see are advertising what the cost of the mortgage will be per month, ...
Cummins & White Adds Real Estate & Business Litigation Attorneys
Also joining Cummins & White is associate Michael R. Hickman, who will handle real estate litigation, specializing in real estate broker defense. The new hires bring the firm to 22 lawyers. Wildish, who has more than 30 years of experience, ...
French Real Estate Struggles Amidst Economic Difficulty
While Parisian home prices continue to perform, the wider French real estate market is struggling to keep pace with the capital's gains and is largely due to the country's response to the Eurozone crisis. Despite the country's comparatively low ...
Fiera Properties merging with Roycom; creates new national real estate platform
(TSX: FSZ) is expanding in the real estate investment management business through the merger of a subsidiary with Halifax-based Roycom Inc. Financial details of the merger between Fiera Properties Ltd. and Roycom, which they said was aimed at creating ...
Movoto California Real Estate Market Update
Real estate inventories across California continued to drop in March 2012, with homes for sale inventory down 7.5% month-over-month and 35% since March 2011. In the meantime, median prices barely budged. SAN MATEO, Calif., April 4, 2012 /PRNewswire via ...
Real Estate News: As Home Rents Head Higher, Owning Regains Its Appeal
As Home Rents Head Higher, Owning Regains Its Appeal: Climbing rents for apartments are combining with a continued decline in home prices to push once-reluctant home buyers into finally taking the plunge, say economists and real-estate agents, ...
Ellis Partners sells two Britannia Business Park buildings to MIG Real Estate
MIG Real Estate, a Newport Beach investor, has made its first Bay Area purchase by acquiring two buildings totaling 135210 square feet in Britannia Business Center in Pleasanton from Ellis Partners LLC . Britannia Business Park is a multi-building ...
McGuire Real Estate Welcomes the Return of Top Producer, Joseph Gartland Moore ...
McGuire Real Estate Welcomes the Return of Top Producer, Joseph Gartland Moore ...
L.A. Dodgers $2.15 Billion Cost Hinges on Real Estate Return
They may need to transform the real estate surrounding Dodger Stadium into a money maker, succeeding where their predecessors failed. Exploiting the property's value will take years, more capital and lengthy government review, said David Carter, ...
The 2nd Chinese Investment in the US Real Estate Forum Set in Los Angeles June ...
The 2nd Chinese Investment in the US Real Estate Forum Set in Los Angeles June ...
Real estate firm plans new-concept mall
The Qatar Exchange-listed real estate company has bought 30000sqm of land at a cost of QR173mn, said Mazaya Qatar chairman Rashid Fahed al-Naimi. He said the project design would be completed in this quarter for award of construction activities by Q4, ...
Inland Buys Bayonne Crossing Shopping Center
By CoStar Research A subsidiary of Inland Diversified Real Estate Trust acquired Bayonne Crossing, a 356647-square-foot shopping center completed in 2011 at the interchange of Route 440 South and East 22nd Street in Bayonne, NJ Inland said in a ...
Real Estate Appraisals—What's the Real Value?
By C. Mark Willix One area we have yet to discuss in any great detail is the real estate appraisal. Any time a new loan is written for property, the new lender will order a value appraisal of the property. The appraisal is typically paid for by the ...