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Real Estate, US Real Estate

Mainstreet Equity Corp Adds Portfolio of Rental Apartments on RentSeeker.ca

By Allison Halliday | August 4, 2011
Calgary-based Mainstreet Equity Corp (TSX:MEQ) has just added a portfolio of rental apartments on RentSeeker.ca, a Toronto-based online marketing firm that advertises and syndicates professionally managed rental properties across Canada. Michael Birklein, Director of Marketing & Communications for Mainstreet Equity Corp says “RentSeeker’s website layout, listing features, user-friendliness and their active presence and use of […]
Featured News, US Real Estate

Cuba Reforms May Usher In Real Estate and Travel Boom

By Phil Butler | August 4, 2011
Raul Castro's economic reforms face a test before Cuba's Parliament this week. Experts believe Cuba's government will pass laws to allow Cuban citizens to buy and sell real estate. This, and other reforms proposed by Castro, could propel Cuba into a new era of progress. Some fear the changes may usher in another era of corruption however.
Mortgage, Real Estate, US Real Estate

7% Rise in Mortgage Applications Last Week

By Mike Wheatley | August 3, 2011
Applications for new mortgages rose last week, increasing by more than 7% over the week before, according to new reports from the Mortgage Bankers Association. The refinance index saw an increase of 7.8%, while the real gauge for mortgage requests, the purchase index, jumped up by 5.1%. According to MBA research and economics vice president […]
Mortgage, Real Estate, Residential, US Real Estate

Is "Affordable Housing" An Oxymoron?

By Donna S. Robinson | August 3, 2011
Oxymoron: A figure of speech that combines contradictory terms. Earlier this year, the Obama administration came out in favor of getting rid of Fannie Mae and Freddie Mac. There was and is widespread disagreement over this idea, because Fannie and Freddie along with HUD are supposedly the purveyors of "affordable housing". At Fanniemae.com, they explain […]
Mortgage, Real Estate, Realtors, US Real Estate

Argument Over Eliminating Mortgage Interest Deduction Heating Up

By Donna S. Robinson | August 3, 2011
With the federal budget deficit at the top of the congressional agenda, Congress has been making noises about eliminating the Mortgage Interest Deduction,(MID). Some economists who are in favor of eliminating the deduction say it could add some 470 billion dollars to federal government coffers, and would make a significant contribution to deficit reduction, while […]
Real Estate, US Real Estate

Property Experts Divided Over Worth of Three-Year UAE Visas

By Allison Halliday | August 3, 2011
The recent news that some UAE home purchases will be able to obtain three-year property visas has divided real estate experts, as some believe it will have little effect on Dubai's ailing real estate market while others think it could increase foreign sales. In June the government decided to offer extended visas to those who […]
Commercial Real Estate, Real Estate, US Real Estate

396 Alhambra Now Open for Business

By Allison Halliday | August 3, 2011
The South Tower of 396 Alhambra is situated in the heart of Coral Gables office and retail project, and this seven story class A office building in Miami is now open for business. It is one of Coral Gables architectural landmarks and has undergone a dramatic renovation and modernization to convert it into 87,000 ft.² […]
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