Real Estate Investing, US Real Estate

Trouble Brews for Anglo Irish Bank Over Mark Hotel Deal

By Mike Wheatley | March 19, 2011
The Anglo Irish Bank has pulled out of a loan deal with one of the most exclusive of New York’s hotels, accepting a discount of $100 million on the loan in order to extricate itself from the deal. The $300 million loan deal connected to Manhattan’s luxury Mark Hotel was sold for just $190 to Dune Real Estate Partners investment firm.
Residential, US Real Estate

Five Solid Reasons to Buy Now

By Mike Wheatley | March 18, 2011
With market conditions the way they are, now is the best time to buy. While many people might advise that you wait until the market bottoms out, that’s bad advice. Residential housing prices are super-low right now, interest rates too, and the chances of seeing this combination again in the next few years are very small.
Featured News, US Real Estate

US Real Estate Prices Continue to Tumble

By Mike Wheatley | March 18, 2011
According to the Core Logic Home Price Index, newly released figures for January 2011 show that the prices for US residential homes fell for the sixth month in a row, and are now worth 5.7% less than they were this time last year.
US Real Estate

HP Deal Signals Big Corporations Back in the Business

By Mike Wheatley | March 17, 2011
Yesterday’s announcement that Hewlett-Packard has agreed a seven year deal to lease a huge 1.4 million Sq. foot distribution center in San Bernardino marks the return of big corporations to the real estate market, industry observors claim. According to Westcore Properties, the computer technology giants plan to begin operations in the Cajon Distribution Center sometime this summer, and it is hoped that more such deals will be back on the agenda soon.
US Real Estate

Earthquakes Shake Up The Market Like Nothing Else

By Mike Wheatley | March 17, 2011
The terrible news of the devastating earthquake and the tsunami that followed it in Japan was a tragedy of huge proportions, and our hearts go out to all of those who have lost family members and friends or been left homeless as a result.
Real Estate Resource, US Real Estate

Tweetin’ Your Home: the New Way to Buy and Sell Property?

By Mike Wheatley | March 16, 2011
One of the most popular social classified services, ilist.com has come up with a novel new application for sellers and buyers to get their properties and intentions noticed online – by tweeting their listings on the ever-popular twitter.com website. The new application, micro.ilist.com, pulls all of the listings on the ilist website and automatically tweets them for the world to see. It then matches people who want to sell with people who want to buy.
US Real Estate

Canadian Buyers of US Real Estate Snowball

By Mike Wheatley | March 16, 2011
With the unprecedented opportunities arising in the US markets this year, we are seeing an avalanche of Canadian buyers rushing to take advantage snap up their dream winter home in order to secure their getaway from the dreary winter months north of the border.

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