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US Real Estate
Large Increase in £1 million Home Sales in 2010
By
Tavis J. Hampton
| May 2, 2011
US Real Estate
Realtor.com Announces iPad App for Real Estate
By
Tavis J. Hampton
| April 28, 2011
Today Move, Inc. released the official Realtor.com iPad app, providing real estate listings and search capabilities. The app allows iPad users to harness the power of Realtor.com’s searching system, accessing the “largest and most accurate collection” of real estate property listings online. The iPad app is only the next in a long line of Realtor.com […]
US Real Estate
Pebblebrook to Acquire Mondrian Los Angeles Hotel
By
Tavis J. Hampton
| April 25, 2011
Morgans Hotel Group Co. has revealed its plans to sell the Mondrian Los Angeles to Pebblebrook Hotel Trust for $137 million. The Mondrian Los Angeles is a luxury, 237-room, 12-story hotel in West Hollywood. Pebblebrook plans to fund the purchase with available cash and hopes to close some time during the second quarter of this […]
US Real Estate
New Pennsylvania Law Aimed at Fighting Blight
By
Tavis J. Hampton
| April 25, 2011
A new law in Pennsylvania is aimed at taking action against owners of blighted buildings. The state legislature signed the Neighborhood Blight Reclamation and Revitalization Act into law on October 27, 2010, and it officially went into affect today. Under the new law, those properties that are deemed to be in severe violation of building […]
US Real Estate
Rental Property Developers in Vermont Face Huge Obstacles
By
Tavis J. Hampton
| April 22, 2011
Developers in Vermont are facing an uphill battle trying to build new rental properties, according to a new report by the Vermont Housing Finance Agency. The obstacles are many, and fixing the problem will be a difficult exercise. In Vermont, a two-bedroom apartment runs about $990 per month (7 percent higher than a year earlier […]
US Real Estate
Foreign Investors Helping to Rebuild Florida Real Estate
By
Tavis J. Hampton
| April 21, 2011
Florida was hit hard by the real estate crisis, but there are signs that the market is starting to improve, thanks in part to foreign investors. Sales are up 58 percent in Miami-Dade County compared to totals from March 2010. Condominium sales were up 84 percent in March. April 2011 may very well be remembered […]
US Real Estate
Marriott Opening Three Properties in Doha This June
By
Tavis J. Hampton
| April 21, 2011
Marriott International revealed that it is opening three new properties in June, all in Doha, Qatar. Two of the properties will be hotels: the Renaissance Hotel and Courtyard by Marriott, and the third will be an apartment community: Marriott Executive Apartments Doha City Center. All three will be part of the Doha City Center Mall […]
US Real Estate
Zillow is Going Public, Files for IPO
By
Tavis J. Hampton
| April 20, 2011
Popular online real estate information marketplace Zillow, Inc. has filed with the SEC to raise $52 million in an initial public offering (IPO). Zillow has been growing fast in these turbulent real estate times, offering a simple interface and process to buying and selling property. Richard Barton and Llloyd Frink, both former Microsoft executives and […]
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