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Featured News
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Luxury Real Estate
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Real Estate
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US Real Estate
Tami Longaberger Lists Ohio Mansion for $15 Million
By
Mike Wheatley
| July 28, 2011
Mortgage
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Real Estate
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Residential
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US Real Estate
Bank of America Adopts Different Approach to Cut Foreclosures
By
Allison Halliday
| July 28, 2011
The biggest US mortgage servicer, the Bank of America, is adopting a different approach towards foreclosures and abandoned properties, which includes demolishing the most decrepit of them. It's donating 100 foreclosed homes in the Cleveland area, in conjunction with a local agency which manages such properties, and in certain cases will contribute towards their demolition. […]
Real Estate
,
US Real Estate
Oklahoma Housing Holding Steady
By
Allison Halliday
| July 28, 2011
Housing in Oklahoma City remains a solid investment, and prices here are holding steady, especially when compared to much of the rest of the US. A comparison with the first half of 2011 against that of 2010 shows that the average price of a home decreased by less than half a percent, with 7.7% fewer […]
Luxury Real Estate
,
Real Estate
,
US Real Estate
Senator Ted Kennedy’s Mansion Sold For $6.5 Million to Gabon
By
Mike Wheatley
| July 27, 2011
The Ministry of Foreign Affairs of the Gabonese Republic has just completed the acquisition of the former home of Senator Ted Kennedy for $6.5 million, which is set to become the African country’s new US embassy. The lavish Kalorama Heights residence boasts six bedrooms, seven bathrooms, five fireplaces, an indoor pool and a gym equipped […]
International
,
US Real Estate
Chinese and Taiwanese Look Towards Japan for Investments
By
Allison Halliday
| July 27, 2011
The biggest property brokerage in Taiwan, Sinyi Realty Co., is helping Taiwanese and Chinese buyers find Japanese real estate investments. Taiwanese and Chinese buyers are increasingly looking towards alternative markets due to tightening measures introduced by their own governments in an effort to curb rising property prices. Japan presents tempting opportunities due to low interest […]
Real Estate
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US Real Estate
92 Laight Street Loft, Tribeca Sells for $11.5 Million
By
Allison Halliday
| July 27, 2011
Platinum Properties has sold a 92 Laight Street loft for an incredible $11.5 million, which at 3838 ft.² equates to $2,996 per square foot, is the highest price seen in Tribeca for years. The three-bedroom four and a half bathroom property was on the market for just five weeks; it's quick sale and high price […]
US Real Estate
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World Real Estate
Despite News of Hope World Real Estate is Down
By
Phil Butler
| July 27, 2011
Across the United States families, investors, even the bug exterminator who sprays homes have been affected by this recession. Not just affected in some cases, devastated. Despite news every morning of a better day "a" comin though, property prices continue to fall. The world real estate market looks more like a flea market peddler than a Wall Street titan.
Featured News
,
US Real Estate
India's Central Bank Repo Rate Stifles Market
By
Phil Butler
| July 27, 2011
A higher than expected lending rate hike by the State Bank of India, the country's biggest lender, has markets reeling. India's stock market fell this morning on the news of a point 5 percent increase, twice was was anticipated be experts. Sensex dropped some 353 points to 18.518, while the Nifty closed 105 points lower at 5,574. The Repo rate hike stands to stifle Indian recovery, according to some experts.
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