Real estate News 10/2012
Norway's Wealth Fund Targets US Real Estate in 2013
Built from Norway's oil and gas wealth, the fund in 2010 got approval to invest as much as 5 percent of its capital in real estate as it seeks to meet a 4 percent return target. It has since bought properties in Paris and London for about $2 billion ... (Oct 1, 2012, Businessweek)
Alexandria Real Estate announces four leases at 400 Technology Square in ...
Alexandria Real Estate announces four leases at 400 Technology Square in ... (Oct 1, 2012, Boston.com)
Xinyuan Real Estate Co., Ltd. Acquires Parcel Of Land In Beijing
Xinyuan Real Estate Co., Ltd. ("Xinyuan") (NYSE: XIN) is a developer of large scale, high quality residential real estate projects aimed at providing middle-income consumers with a comfortable and convenient community lifestyle. Xinyuan focuses on ... (Oct 1, 2012, Sacramento Bee)
Renovation cost vs. value
I suggest that homeowners consult with an appraiser or experienced real estate broker to determine how much, if any, return on their renovation investment they will recoup when they sell. Remodeling magazine's sister web site lists common improvements ... (Oct 1, 2012, Boston.com (blog))
US builders increase spending on homes, cut commercial real estate and gov't ...
US builders increase spending on homes, cut commercial real estate and gov't ... (Oct 1, 2012, Washington Post)
REAL ESTATE: Meritage Homes pushes into San Diego market
REAL ESTATE: Meritage Homes pushes into San Diego market. Posted on | October 1, 2012 | Comments. Meritage Homes, the Scottsdale-based homebuilder with 151 active communities in 15 metropolitan areas of the country, announced this week it is ... (Oct 1, 2012, Press-Enterprise (blog))
REAL ESTATE: B of A extinguishes 2nd lien debt
The banking giant said it is in the process of mailing 150,000 letters to pre-qualified homeowners to eliminate their Bank of America second-lien mortgages, reduce their monthly debt obligations and, potentially, help them create equity in their ... (Oct 1, 2012, Press-Enterprise)
Regaining past glory
Cityscape Global has been a catalyst for real estate investment and development growth across the world's emerging markets for more than a decade. This year's edition will welcome more than 20,000 participants who will grab the opportunity to build and ... (Oct 1, 2012, Khaleej Times)
Real Estate Deal Sheet Launches New Blog
The online company leverages social networking technologies to provide real-time nationwide commercial real estate deal information that allows members to search and view commercial real estate transactions across the nation at every stage, from ... (Oct 2, 2012, Sacramento Bee)
Celebrity Real Estate: Hilary Swank, Diddy are selling
This week in celebrity real estate circles, we're checking out homes that have recently hit the market, including Hilary Swank's home in Pacific Palisades, and New York apartments that belong to P. Diddy and Tatum O'Neal. Hilary Swank lists Pacific ... (Oct 2, 2012, NBCNews.com (blog))
Real Estate News: JP Morgan Sued on Mortgage Bonds
J.P. Morgan Sued on Mortgage Bonds: New York's top prosecutor opened a new front in efforts to hold banks accountable for the financial crisis by filing a civil lawsuit against J.P. Morgan Chase & Co., alleging widespread fraud by the company's Bear ... (Oct 2, 2012, Wall Street Journal (blog))
Monmouth Real Estate Investment Corporation Declares Common and Preferred ...
Monmouth Real Estate Investment Corporation Declares Common and Preferred ... (Oct 2, 2012, Sacramento Bee)
Dream home: Collecting walls of whimsy in Canton
The three-story, six-level brick townhouse is filled with framed puzzles of Impressionist masterpieces, hung as they are completed by the 54-year-old attorney and real estate investor. In addition to the puzzles, a hobby which Dackman says relaxes him ... (Oct 2, 2012, Baltimore Sun)
Dubai Property Market 'Is Back'
During the property boom years in Dubai, the Cityscape exhibition witnessed the launch of some of the world's most ambitious real estate projects and boasted a guest list of the super-rich and famous. Amongst the razzmatazz of high profile developments ... (Oct 2, 2012, Wall Street Journal (blog))
As China's economy slows, real estate bubble looms
But as the country's economy slows to its worst pace in years, China's dependence on real estate for growth — it's a bigger driver than even exports now — has put the government in a tough position. Allow prices to continue rising and help the ... (Oct 2, 2012, Washington Post)
WSJ launches new luxury real-estate section
"We have created Mansion to be the home of both aspiration and real-estate realization," said Robert Thomson, editor-in-chief of Dow Jones and managing editor of The Wall Street Journal. The new section's stories will include property-focused coverage ... (Oct 2, 2012, MarketWatch)
6 Tips for Investing in Real Estate
If you're fed up with the paltry returns you get on bonds, the insulting interest rates paid by banks, and the frenetic fits of the stock market, you might consider turning to rental real estate to supplement your retirement income. But it's not for ... (Oct 2, 2012, U.S. News & World Report (blog))
3 Tips for Real Estate Investors
If you are looking to invest in the current real estate market then you are definitely not alone. Many individuals and companies have been purchasing investment properties with home prices starting to rise and interest rates remaining low. Now is ... (Oct 2, 2012, Business Insider)
REAL ESTATE: Realtors see 1.3% sales gain in 2013
The projections, released Tuesday, Oct. 2, reflect what would be the third consecutive year of slow but steady gains for the state's real estate industry. Record-low interest rates and favorable home prices are expected to push home sales up 5.1 ... (Oct 2, 2012, Press-Enterprise)
DLF files five patents on safety methods in real estate
New Delhi, Oct 3 — DLF, India's largest real estate firm, said Wednesday it has applied for five patents related to the innovative methods the company uses for safety and security of its residential and commercial projects. This is the first time in ... (Oct 3, 2012, New York Daily News)
3rd Quarter Reports Gains In Tallahassee Real Estate Market
The year is 3/4ths of the way completed, so I felt it was time for an updated Tallahassee real estate market snapshot. Every so often, I like to just “listen” to what the data from the Tallahassee MLS is saying, as it produces a real estate market ... (Oct 3, 2012, Tallahassee.com (blog))
real estate detectives track down unclaimed land
The call from the Israeli Haredi man angered Sarah (not her real name), a not-so-young American Jew from Chicago. The man introduced himself on the phone as “Michael Stroud, property locator.” He told Sarah he had located some land of which she was ... (Oct 3, 2012, Haaretz)
Houlihan Lokey Continues Expansion of Real Estate Investment Banking ...
Houlihan Lokey Continues Expansion of Real Estate Investment Banking ... (Oct 3, 2012, The Herald | HeraldOnline.com)
Apollo Commercial Real Estate Finance, Inc. Announces Pricing of Public ...
Apollo Commercial Real Estate Finance, Inc. Announces Pricing of Public ... (Oct 3, 2012, Equities.com)
James Alpha Global Real Estate Investments Fund Substantially Increases ...
James Alpha Global Real Estate Investments Fund Substantially Increases ... (Oct 3, 2012, Sacramento Bee)
Real Estate Veterans Team at TDI to Expand Nationwide with $1.5 Billion ...
Real Estate Veterans Team at TDI to Expand Nationwide with $1.5 Billion ... (Oct 3, 2012, The Herald | HeraldOnline.com)
Our Outlook for Real Estate Stocks
According to the National Association of Real Estate Investment Trusts, equity REITs delivered year- and quarter-to-date total returns, through mid-September, of 19.8% and 4.3%, compared with the 17.9% and 7.7% for the S&P 500, respectively. Of note is ... (Oct 3, 2012, iStockAnalyst)
House Hunting in ... Malaysia
Malaysia's property market was hard hit in the late 1990s by a financial crisis that plunged many Asian countries into deep recession, but prices have climbed steadily since then, according to Nixon Paul, the managing director of Carey Real Estate in ... (Oct 3, 2012, New York Times)
Real Estate Metro's downward sales trend prompts varying theories
Data released this week by the Real Estate Board of Greater Vancouver indicated that sales volumes fell significantly in September compared to the same month in 2011 - 1,516 properties last month compared to 2,246 in September 2011. Prices haven't ... (Oct 4, 2012, Vancouver Sun)
Rio Rents Reaching $9300 Mask Sputtering Real Estate Market
Rio, which occupies a narrow strip of land between lush, forest-covered hills and the Atlantic Ocean, is one of the world's richest real estate markets. Prices to buy and rent houses and apartments in the city's most sought-after neighborhoods have ... (Oct 4, 2012, Businessweek)
Resort Real Estate Investing For the Next Generation
After potentially the worst downturn in resort real estate history, the industry is beginning to pull itself off the mat. While the past five years have been marked by bankruptcies, workouts and auctions, the market appears to have found a bottom and ... (Oct 4, 2012, Business Insider)
Greatest Real Estate Bubble In Modern History Not Done Bursting
Never in history have so many middle class households been able to borrow so much against real estate at such low mortgage rates. In the last great debt bubble in the U.S. that peaked in 1929, the average household could not afford a house and had to ... (Oct 4, 2012, Forbes)
REAL ESTATE: Land transformation about to occur in real estate
As California's residential real estate industry leaders heard predictions for 1.3 percent growth in 2013 in Anaheim yesterday, a panel of commercial developers who gathered in Ontario told the local chapter of the Urban Land Institute that blueprints ... (Oct 4, 2012, Press-Enterprise (blog))
New Orleans Real Estate Transfers
Port St. 600, Unit 9-H: Leslie M. Bertucci to KD Real Estate East LLC, $625,000. Tchoupitoulas St. 633, Unit 11: Anne-Marie Cashmere Skansi to Francisco M. Gonzalez Jr. and Martha Peterson Gonzalez, $390,000. Tchoupitoulas St. 840, Unit 202, parking ... (Oct 4, 2012, NOLA.com)
HomeFinder.com Reinvigorates Real Estate Industry with Unique Makeover ...
HomeFinder.com Reinvigorates Real Estate Industry with Unique Makeover ... (Oct 4, 2012, Sacramento Bee)
Real Estate Market: Where Ben Bernanke Gets It Wrong (IYR, SPG, AMT, NLY ...
Real Estate Market: Where Ben Bernanke Gets It Wrong (IYR, SPG, AMT, NLY ... (Oct 4, 2012, ETF Daily News (blog))
East Jefferson Real Estate Transfers
University City subdivision, lot 6-A, square 35: Department of Housing and Urban Development to Southlake Real Estate Holdings LLC, $63,000. Woodlake South subdivision, lot 13, square 9: Fannie Mae to Margoth Munoz, $95,880. METAIRIE. Academy ... (Oct 4, 2012, NOLA.com)
Real Estate Watch: Five questions answered about your rate lock
Real Estate Watch: Five questions answered about your rate lock. By Marcie Geffner. bankrate.commercurynews.com. Posted: 10/04/2012 04:28:46 PM PDT. October 4, 2012 11:29 PM GMTUpdated: 10/04/2012 04:28:47 PM PDT. The rate lock might be the ... (Oct 4, 2012, San Jose Mercury News)
Real-estate agents get cheated too (don't cheer)
Real-estate professionals are often painted with a broad brush and the colors aren't too appealing. Many realty pros are honest and hard-working, but lots of consumers don't see it that way. People tend to think agents and brokers are way overpaid and ... (Oct 4, 2012, MarketWatch)
Homeowners, agents, see prices headed up
At least that's what a big majority of real estate agents and a growing number of homeowners across the country think, a new survey by HomeGain finds. After years of pessimism over the direction of home prices, real estate sales folks are finally once ... (Oct 5, 2012, Boston.com (blog))
UK Rich-Bashing Sours Billionaires On London Real Estate
LONDON, Oct 5 (Reuters) - The love affair between the global super-rich and London property is souring as UK politicians tap into a mood of public resentment of the wealthy, with tax increases and rhetoric playing up their own humble origins. Prices of ... (Oct 5, 2012, Huffington Post)
Prestigious real estate awards recognise hard work done in a difficult market
Andrew Adcock, of Adcock Real Estate, was honoured as Salesperson of the Year and Robert Stephens, of Elders Real Estate, was named Regional Salesperson of the Year at the awards hosted by the Real Estate Institute of SA. The Sir Robert Torrens ... (Oct 5, 2012, The Australian)
All-Too-Real Estate Crisis: Saving a Frank Lloyd Wright House from Demolition
The architecture and design community exhaled a collective sigh of relief earlier this week as an exceptional private residence narrowly escaped oblivion at the hands of a ruthless real estate developer—for the time being. The demolition of the house, ... (Oct 5, 2012, Core77.com (blog))
Real Estate News: Tech Titans Hit the Beach
Real Estate News: Tech Titans Hit the Beach. Article · Slideshow · Comments · Developments HOME PAGE ». smaller; Larger. facebook. twitter. google plus. linked in. Email; Print. facebook; twitter; google plus; linked in. Email; Print. smaller; Larger ... (Oct 5, 2012, Wall Street Journal (blog))
Corporate Real Estate Leaders From Around the World Convene in Orlando for ...
Corporate Real Estate Leaders From Around the World Convene in Orlando for ... (Oct 5, 2012, The Herald | HeraldOnline.com)
Agency disclosure
There has been a sea change in the way traditional real estate offices treat the Massachusetts Mandatory Licensee Consumer Relationship Disclosure. (Generally called “Agency Disclosure Form.”) I ran across the change, twice, in the past week. Here's ... (Oct 5, 2012, Boston.com (blog))
Improving real estate market draws ex-Realtors back into business
The Flagler and Volusia County real estate markets were booming, home prices were soaring and smiling Realtors were making healthy commissions. But then the real estate bubble burst, here and across the nation. Lovett's income shrank to the point that ... (Oct 5, 2012, Daytona Beach News-Journal)
This week in Real Estate
Eleven markets were added to the list this month, including Santa Cruz, Calif.; Pocatello, Idaho; Abilene, Texas; and Savannah, Ga. Meanwhile, seven markets were dropped from the list this month, including Jacksonville, Fla.; Lakeland, Fla ... (Oct 6, 2012, MarketWatch)
Coachella Valley real estate slow to recover
Bargain prices for buildings and land, as well as attractive lease rates, have helped spur a slow recovery in the Coachella Valley commercial real estate sector, but don't look for construction of new offices, retail or industrial space until those ... (Oct 6, 2012, The Desert Sun)
Real estate revolution in Gurgaon marred by complaints from buyers against ...
Real estate revolution in Gurgaon marred by complaints from buyers against ... (Oct 6, 2012, Economic Times)