Archives for August 2011

Home Prices Rise In Latest Case-Shiller Report, But…



It may not signal the end of the problems for housing, but the Case-Shiller home price index is finally beginning to trend towards some encouraging news. Home prices for June rose an average of 1.1% in most major markets. This was the third month in a row showing positive uptick in home prices. But, if […]

Market Watch – Jackson, Mississippi: The City With Soul



Jackson, Mississippi, describes itself as “The City With Soul.” Forbes ranks Jackson, established in 1821, as 3rd out of America’s 100 largest metro areas for affordability. Rich with history, Jackson has seen her share of conflict, from playing an active role in the Civil War to being a battleground for civil rights. Now Jackson faces, […]

John Wesley Martynec Charged Over Fraudulent $300,000 Investment Scheme



A real estate agent from Seal beach, California, has been charged with 34 felony offences following his arrest in connection with an alleged $300,000 fake investment pool scheme, police have said. Seal Beach police, said that John Wesley Martynec, 35, who was arrested in August, had since been bailed pending the start of his trial. […]

Qatar Investment Authority in Talks to Lease Silverstone F1 Circuit



Qatar Investment Authority (QIA), who already own Harrods, are looking to lease another major UK landmark as they are thought to be the preferred bidder for the famous Silverstone Formula One circuit. The circuit is owned by the British Racing Drivers Club (BRDC), and apparently it is conducting exclusive talks with the sovereign wealth fund […]

Azure, Upper East Side’s luxury residential development, teams up with “Punky Brewster”



Azure, the Upper East Side’s newest luxury residential development, has teamed up with the “Punky Brewster” to host a book signing and launch event expected to be attended by over 100 Divalysscious Moms, who are New York’s premier socializing network for moms and moms-to-be. Soleil Moon Frye, also known as “Punky Brewster” from the hit […]

Billionaire Investor Sam Zell Targets Colombia & India Real Estate Markets



Bloomberg is reporting that real estate investing icon Sam Zell has been shopping outside the U.S. for new real estate investments. Mr. Zell is well known in the commercial real estate world, as Chairman of Equity Group Investments, L.L.C. (EGI), a private, entrepreneurial investment firm he founded more than 40 years ago. EGI’s investments span […]

Homeowners Unlikely To Be Covered For Hurricane Irene Flood Damage



Homeowners along the east coast who are slowly picking up the pieces following the devastation caused by Hurricane Irene at the weekend are bracing themselves for a second deluge – in repair costs. Even though most people have homeowners insurance, those who have suffered damage to their homes resulting from flooding – submerged basements, failed […]

Chinese Officials to Build a Property Ownership Database



According to a report in the China Daily, officials in the country have announced plans to build a database which will track and share property ownership information amongst 40 major cities. It will give information about properties and their ownership, as well as information about earlier sales of properties. The plan is that the database […]

Miami-based Developer Renovating Affordable Housing Units



The Miami-based developer, Carrfour, has received federal funding for renovating Harvard House Apartments in North Miami Beach in order to provide 56 affordable housing units. The money is allocated through the US Department of Housing and Urban Development Neighborhood Stabilization Program 2 (NSP2). The purpose of the NSP program is to help revitalize neighbourhoods that have been […]

RealFocus Contact – A Crystal Clear Creation For Realtor Communications



Realtors in search of better tools to track down leads and turn them into clients will be impressed with a new communications platform known as RealFocus Contact. Developed by RealFocus, a web technology agency familiar to many Realtors in the East Tennessee area who have had great success with RealFocus MLS software, RealFocus Contact allows […]

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