US Real Estate

Certified Green Real Estate Agents Help Save the World

By Tavis J. Hampton | May 11, 2011
Being a green real estate agent is more than just a self-declaration.  According to Metro, green brokers need to be certified.  With their expertise in ecological matters, they help buyers and renters make environmentally conscious choices when shopping for the perfect home. With a green real estate agent guiding you through the murky waters of […]
US Real Estate

Israeli Firm to Invest $500m in Indian Real Estate

By Tavis J. Hampton | May 11, 2011
An Israeli company called Elbit Imaging plans to invest no less than $500 million in real estate development projects in India.  The developer, along with its subsidiary Plaza Centers NV, intends to create a diversified portfolio in India with office, residential, and retail real estate. In India the joint venture will be called Elbit India […]
US Real Estate

TIAA-CREF to Invest $1.09 Billion in 4 CBL Shopping Malls

By Tavis J. Hampton | May 10, 2011
Today, institutional real estate investor TIAA-CREF announced a $1.09 billion join venture with CBL to invest in four shopping malls. The shopping malls are Oak Park Mall in Kansas City, KS, CoolSprings Galleria in Nashville, TN, County Center in St. Louis, MO, and Pearland Town Center in Pearland, TX. According to Stephen Lebovitz, president and […]
US Real Estate

Government Owns more than 12,000 Excess Properties

By Mike Wheatley | May 10, 2011
More than 12,000 government properties have been identified by the White House as being no longer needed, yet in order to get its hands on the expected $15 billion to be gained from dumping these buildings, the government needs Congress to act. For that reason, President Obama will attempt to push through legislation to form […]
Luxury Real Estate, US Real Estate

Has the Luxury Hotel Industry Really Recovered?

By Mike Wheatley | May 10, 2011
Luxury hotels are leading the way, bouncing back faster than the rest of the US hotel industry as the economy recovers. But, at least according to hoteliers at a Los Angeles hotel industry conference, that rebound is not such the positive news they had hoped for.
US Real Estate

Fraudsters Faking Texas Property Sales with False Deeds

By Mike Wheatley | May 10, 2011
A frightening new real estate scam is growing in popularity right now, and it’s one that is going to force both buyers and owners of vacant properties to have to keep on their toes.
Real Estate, Residential, US Real Estate

Zillow: 28 Percent of U.S. Homeowners Are Now Underwater

By Tavis J. Hampton | May 9, 2011
The percentage of homeowners with negative equity has increased to 28, according to Zillow, a website listing and property-value estimate website.  Those homeowners, said to be “underwater”, accounted for 22 percent last year, but home values have fallen 8.2 percent over the past 12 months. Zillow says home prices dropped 3 percent in the first […]

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