Commercial Real Estate, US Real Estate

Confidence Returning Amongst Real Estate Investors

By Mike Wheatley | March 25, 2011
A new report from the accountancy firm PricewaterhouseCoopers signifies that things are beginning to pick up again in the housing markets, at least from an investor's point of view. Amid the up and down reports over the last two years, this latest one from PWC seems most encouraging.
US Real Estate

Housing Society Faces $110,000 bill for Discriminatory Policies

By Mike Wheatley | March 25, 2011
A housing society based in Seattle today agreed to pay a settlement of $110,000 in order to avoid a U.S. Justice Department lawsuit which alleged that the society carried out a racially discriminatory policy towards African Americans and Indians looking to rent apartments with them.
US Real Estate

Real Estate Management Software Firm Bought Out by IBM

By Mike Wheatley | March 23, 2011
IBM yesterday announced it will buy out the Tririga Inc. software firm, which produces real estate management applications, for a sum that has been undisclosed.
US Real Estate

Real Estate Fraud Serves as Warning to Investors

By Mike Wheatley | March 22, 2011
A California woman was handed a stiff 12 year prison sentence last Friday after duping hundreds of investors in a scam involving multiple fake real estate projects.
Home Builders/Developer's, US Real Estate

Developers Feeling the Heat as Sales Continue to Drop

By Mike Wheatley | March 22, 2011
So is our economy really recovering right now? Perhaps, but it’s not going nearly as fast as many would have hoped, according to some new real estate figures. Developers are the ones feeling the most heat as the numbers of sales drive some to the brink of bankruptcy.
US Real Estate, Vacation Properties

Cape Cod Sees Resurgence in Summer Holiday Bookings

By Mike Wheatley | March 21, 2011
Two long years after the roof fell in on the summer rentals market in New England’s Cape Cod vacation hot-spot, it looks like things are finally taking a turn for the better. With 27% more unit rentals so far this year than there was at the same time 12 months ago, together with a 5.3% increase in the number of care reservations on steamships and ferries, this is real evidence that things are beginning to look up.
Residential, US Real Estate

The Curse of Stigmatized Homes

By Mike Wheatley | March 21, 2011
On the face of it, it looks like the dream home for any successful, middle-class couple – four bedrooms, incredibly spacious with new carpets and hardwood flooring upstairs. Moreover, it’s situated in a great part of Poway district in California, much sought after location with several great schools nearby. All this could be yours for just $399,000. So why won’t it sell?

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