US Real Estate

New Orleans to Auction Katrina-Damaged Properties

By Tavis J. Hampton | April 2, 2011
Several properties in New Orleans are scheduled to hit the auction block this weekend as part of a recovery effort to reclaim real estate damaged by Hurricane Katrina in 2005.  94 properties in 27 neighborhoods throughout New Orleans will be up for sale. Of the 94 homes, at least 20 are vacant, and most are […]
Commercial Real Estate, US Real Estate

Why So Many Low Appraisals?

By Mike Wheatley | March 29, 2011
More than 10% of realtors in the U.S. have said they’ve had sales called off because the appraisal was lower than the buyer’s agreed prices, claims a National Association of Realtors survey in January.
US Real Estate

New Rule Allows Foreign Investors Residency in Qatar

By Tavis J. Hampton | March 28, 2011
A new rule in Qatar allows foreigners to apply for residency permits.  Under the rule, a property acts as a sponsor for the individual, whereas any immigrant wishing to receive a residence permit in the past had to have a human sponsor. So far ten people with leases in the country have applied for residency […]
Commercial Real Estate, US Real Estate

BRE Properties Acquires $56.5 million Apartment Community

By Tavis J. Hampton | February 19, 2011
BRE Properties is now the proud owner of The Vistas of West Hills in Valencia, California. In an acquisition valued at $56.5 million, the apartment owner and management company purchased a 220-unity property built in 2008, consisting of 10 three-story buildings, all wood-framed and stretching across 9 acres.
Coaching, Residential

Foreclosure Purchases Not Easy for Most Buyers

By Joe Spake | February 9, 2011
With over a million homes foreclosed in 2010, and the news reports of decreasing values and the deals to be made on foreclosed properties, why wouldn't any owner-occupant home buyer want to get the best possible value? These and other questions are justifiable when so much confusion and doubt rules any market.
Featured News, Real Estate Technology

Chicago Realtor Competition No Contest

By Phil Butler | February 3, 2011
Looking at Chicago's leading real estate companies, one has to wonder why some put up websites at all? With one or two clear leaders in the industry, online at least, wouldn't these hard times prompt competitors to try harder? Evidently the competition is in a "weeding out" stage. For those unwilling to adjust to the times, extinction will be the end for many.
US Real Estate

Where the Best Foreclosures Roam

By Reno Charlton | January 11, 2011
It is no secret that investors can gain windfalls by buying some foreclosed properties. A recent study shows clear advantages to buying forclosures in some cities too. Where price is the determining factor, clearly some places are better than others. But depressed markets have their down side too. Forbes' list of cities most likely to drop prices again this year reveals at least cost advantages if the investor does his or her homework.
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