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Featured News
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US Real Estate
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World Real Estate
Canada Real Estate Site Aims at Overseas Property Listings
By
Phil Butler
| July 5, 2011
Real Estate
,
US Real Estate
Ikea and Wal-Mart Buy Chinese Retail Space
By
Allison Halliday
| July 5, 2011
Ikea and Wal-Mart are just two of the foreign retailers choosing to buy land in China in a departure from renting. Last year, Wal-Mart, which is the largest retailer in the world, bought land in north-eastern Dalian, and Ikea is to spend $1.2 billion on building 510,000 square meters of malls. Foreign retailers are increasingly […]
Luxury Real Estate
,
Real Estate
,
US Real Estate
,
World Real Estate
Gap Between Elite and Prime London Property Widens
By
Allison Halliday
| July 5, 2011
The price of truly elite property in London can increase by as much as £3,000 a square foot merely due to the presence of a doorman. Luxury property or prime property in Britain’s capital can cost anything from £1,000 to £4,000, but according to Knight Frank LLP it is the little touches that elevate a […]
Real Estate
,
Real Estate Investing
,
US Real Estate
Bid-Rigging Investors Plead Guilty To Fixing Foreclosure Auctions
By
Mike Wheatley
| July 5, 2011
Eight real estate investors in California have agreed to make guilty pleas in relation to a scam where they rigged the bidding in auctions on foreclosed properties in San Francisco, say federal officials. Prosecutors claim that the investors operated their scheme for a three year period up until early 2011, agreeing not to bid against each […]
Luxury Real Estate
,
Real Estate Investing
,
US Real Estate
Marquis Residences Attracting International Buyers With Portfolio Loan From Americor
By
Allison Halliday
| July 4, 2011
The Marquis Residences is Miami’s newest luxury condominium development, and is proving to be very popular with international buyers. Americor Mortgage is offering hassle free loans to international investors, and the development has already attracted buyers from Russia, China, Greece, England, Switzerland, Colombia, Ecuador, Mexico, Brazil and Venezuela. A large part of the attraction […]
Mortgage
,
Real Estate
,
US Real Estate
Corrupt Mortgage Exec. Lee Farkas Jailed For 30 Years
By
Mike Wheatley
| July 4, 2011
A man labelled as the mastermind behind one of the biggest ever mortgage lender fraud schemes was jailed for 30 years last week. The case of Lee B. Farkas, who was the chairman of the Taylor, Bean & Whitaker mortgage firm, represents the largest prosecution so far relating to the financial crisis which began in […]
Real Estate
,
Residential
,
US Real Estate
US Home Prices Predicted To Climb
By
Allison Halliday
| July 4, 2011
According to the Housing and Urban Development Secretary, Shaun Donovan, home prices in the US could begin to rise as soon as the third quarter. Donovan was speaking on CNN’s ‘State of the Union’ program at the weekend, and said “It’s very unlikely that we will see a significant further decline. The real question is […]
Real Estate Investing
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Residential
,
US Real Estate
Apartment Prices In Manhattan Fall
By
Allison Halliday
| July 2, 2011
Prices of Manhattan apartments fell during the second quarter, as did the number of sales, with buyers lacking the urgency to purchase property. Purchases were down 3.8% compared with the same period last year, to just 2,650, according to a report by New York appraiser, Miller Samuel Inc. and brokers Prudential Douglas Elliman Real Estate. […]
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