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US Housing Prices Rise, Donations Take the Hit
Written by Mabelle   
Monday, 12 June 2006

Set aside the cooling housing market. From District-based Mi Casa Inc., which builds about a half-dozen houses every year and redevelops small multifamily buildings, to the Community Preservation and Development Corp., a regional developer of big multifamily complexes, local nonprofits are confronting the realities of a changed housing market.

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Stake in Boston Realty Bought by Lincoln Real Estate
Written by Mabelle   
Monday, 12 June 2006

A 50 percent stake of itself to a real estate investment firm has been sold by Boston Realty Advisors, a brokerage that handles upscale and occasional high-profile properties.

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South Florida Online Sale for Existing Homes Up 60%
Written by Mabelle   
Monday, 12 June 2006

Charles Thibault, the Corzen market analyst who conducted the detailed, county-by-county analysis said that they do see significant decline in asking prices in certain counties, where the volume of available properties online has increased as much 400 percent. Corzen's monthly survey is based on a ZIP code-by-ZIP code analysis of homes listed online at www.realtor.com. The survey does not include actual sales prices.

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Martin County Real estate agent Tangled with Home Builder Because of Inferior Construction
Written by Mabelle   
Monday, 12 June 2006

Lennar's Martin's Crossing development has been alleged of inferior construction by Mike Morgan Stuart. Morgan narrated a client hired a home inspector shortly before he was to close on a Lennar home, and the inspector found an improperly installed roof and other problems.

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Federal Guidance Prompted because of Commercial Real Estate Concentrations
Written by Mabelle   
Monday, 12 June 2006

Federal officials worry that many banks are carrying more real estate loans today than during the 1980s boom as commercial real estate sales and construction surge across the country

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Blue Ridge Beauty is not Artificial
Written by Mabelle   
Friday, 09 June 2006

The running water and the sounds it creates proves to be so calming that some people listen to the CD sounds of a babbling brook while in their cars. Others have fancy alarm clocks that waken them with melodic strains of a small river rolling over rocks.

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Biggest Housing Bargains of U.S.
Written by Mabelle   
Friday, 09 June 2006

The Danville area's residents feel the pain of selling out because of the nation's lowest median house price.

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Washington Estate Tax Repeal Rejected
Written by Mabelle   
Friday, 09 June 2006

On Thursday. Republican efforts to repeal the estate tax were rejected by the senate, depriving the GOP of a chance to put the issue immediately onto the Senate's election-year agenda.

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Miami Boom on the Web
Written by Mabelle   
Friday, 09 June 2006

A web application known as the Real Estate Development Database has now been launched by the Planning Department, working in conjunction with the Information Technology Department

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Washington Mortgage Rate Slides
Written by Mabelle   
Friday, 09 June 2006

The mortgage company, Freddie Mac reported that rates on 30-year, fixed-rate mortgages averaged 6.62%, down from 6.67% last week. That could have been the highest level in nearly four years.

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Manatee County House and Condo Sales Dropped
Written by Mabelle   
Friday, 09 June 2006

The monthly results for May's home sales Thursday released by the Manatee County Property Appraiser's Office, and the recent weakness of that market continues, although prices rose in the past year.

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$5 Billion Real Estate Fund Sources Raised by Blackstone
Written by Mabelle   
Friday, 09 June 2006

Blackstone Group has raised roughly $5 billion for its fifth general real estate fund, sources familiar with the matter said on Wednesday, more than double the size of its previous fund.

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UK Real Estate Investment Trusts Unfeasible Because of Start Up Costs
Written by Mabelle   
Friday, 09 June 2006

Start up costs of between 8% and 10% of assets would be incurred because of the launch of any new UK Real Estate Investment Trust. This would render new launches unfeasible according to the Association of Investment Trust Companies.

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