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Luxury Real Estate, Real Estate, US Real Estate

Rupert Murdoch Sells His Mansion, but at 39% Discount

By Allison Halliday | September 28, 2011
After languishing on the property market for four years, Rupert Murdoch's Long Island colonial mansion “Rosehearty,” has finally sold, albeit at a heavily discounted price. The mansion was originally priced at $14.8 million, but sold for $9.1 million. However there is no need to shed any tears on Murdoch's account, as he apparently bought the […]
Commercial Real Estate, Real Estate, US Real Estate

Miami's 1450 Brickell Office Tower Wins Coveted ‘Green’ Award

By Allison Halliday | September 28, 2011
1450 Brickell, a premier Class A office building in downtown Miami has been recognized as "Most Outstanding LEED CS Project" at US Green Building Councils 2011 Galaverde Awards. The awards ceremony took place last month at the Signature Grand in Davie, Florida. Executive Diego Ojeda accepted the award on behalf of 1450 Brickell developer, Rilea […]
Mortgage, Real Estate, US Real Estate

30-Year Fixed Rates Climb to 3.86%

By Mike Wheatley | September 28, 2011
30-year fixed rate mortgage rates have rebounded, but remain at a lower level than they were last week. Zillow Inc.’s Z +0.75% real-time rate tracker showed that on Tuesday, 30-year fixed rate mortgages had a 3.86% interest rate, slightly up from Thursday’s low of 3.82% but still lower than the 3.92% they were at one week […]
Mortgage, Real Estate, US Real Estate

Forensic Loan Audit Scammers Target Struggling Homeowners

By Mike Wheatley | September 27, 2011
Struggling homeowners are being tricked by scammers into undertaking a forensic loan audit, in the hope that they can secure loan modifications to save their homes from being foreclosed on, reports AOL. A number of organizations which claim to be associated with well known auditors and attorneys have sprung up in the last couple of […]
Realtors, US Real Estate

New Jersey Realtors Commend New Law Easing the Burden on Property Owners

By Allison Halliday | September 27, 2011
The New Jersey Association of Realtors® has commended Governor Chris Christie and his partners in the legislature for providing an exemption from New Jersey bulk sales notification process. This should reduce unnecessary bureaucracy on the individual sale of homes and seasonal rentals, and should prevent closings on homes from being delayed or even from falling […]
International, Real Estate, US Real Estate

MENA Region Faces Shortage of Affordable Homes

By Allison Halliday | September 27, 2011
The MENA region of the Middle East and North Africa is estimated to be facing a shortage of around 3.6 million affordable homes over the next five years, and the governments and property developers in these countries need to combine their efforts to solve this problem. The most populated country in this region is Egypt, […]
Featured News, US Real Estate

Miami's Cervera Real Estate: Broker for Ocean House

By Phil Butler | September 27, 2011
In news from the Miami market, Cervera Real Estate has been chosen as the exclusive broker for luxury beachfront property Ocean House. The exlusive South Beach property is a planned development of iStar Financial, a multi-million dollar redesign of one of the area's most sought after properties. Also in the news, DYL Group, a major area developer, will serve as the project's advisers.
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