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 […]
Realtors, US Real Estate

Top Performing CB Richard Ellis Producers Earn Promotion

By Mike Wheatley | April 26, 2011
CB Richard Ellis today announced the promotion of two of their most prominent executives –Mr Steven K. Greenbush and Mr. David J. Block, in recognition of their outstanding achievements in the firm’s Westchester/Fairfield office.
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

Chinese Firms Given Red Carpet Treatment

By Mike Wheatley | April 24, 2011
Officials in New York City are attempting to woo a group of Chinese representatives as they look for investment opportunities in the U.S.
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

Fewer Distressed Properties Sold in California

By Mike Wheatley | April 22, 2011
Distressed properties in Los Angeles County accounted for 51% of homes sold during March, down from a total of 56% in February, according to the California Association of Realtors yesterday.
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