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| Articles about Real Estate Market |
| 2008 Dothan real estate market predictions - Mid-year update | | 2008-07-16 07:55:14 | | Back in late December we looked at some predictions for what the Dothan real estate market may do in 2008. Since the year is halfway gone, now is a good time to look to see how our predictions are faring.
Home sales
Prediction – down 10% from 2007
Actual year-to-date – down 12.4% in units, 9.1% in volume
Nothing [...] | | By: Dothan Home Search | | |
| | Dothan real estate market - July Sales report | | 2008-07-15 07:16:28 | | While the number of homes sold and closed in June was down compared to May and also to June of 2007 (114 to 122 and 133 respectively), the number of homes in pending status was up significantly when compared to the same time frames.
The 87 homes listed in pending status in the Dothan MLS is [...] | | By: Dothan Home Search | | |
| | The Utah Real Estate Market: Some Tips | | 2008-07-15 00:00:00 | | The Utah real estate market is one of the top three markets in the country that is still seeing improvements, even during these tough economic times. This is because tech businesses in Utah are booming, and many people who live and work in the state can afford to get the home that they have always [...] | | By: Resources Zone | | |
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| Manhattan's real estate market | | 2008-07-14 16:57:00 | | Almost overnight, investment bankers and others on Wall Street have gone from being Manhattan's most aggressive apartment buyers to real estate pariahs.As financial services companies continue to cut jobs and bleed billions of dollars, their employees have far less cash to spend on high-priced apartments, and very little optimism about taking a risk right now anyway.Those in the financial industry who still want to buy real estate are often unable to persuade lenders and co-op boards to work with them.The biggest problem is that buyers who work on Wall Street no longer have the guarantee of huge bonuses to bolster their financial status. And even those who continue to get bonuses are finding that banks and co-ops will not let them count all that money as part of their income, because unlike a salary, it can fluctuate wildly.
| | By: NY real estate news | | |
| | Vietnam improves real estate market transparency | | 2008-07-10 16:12:00 | | The country ranks 11th in the JLL list of 28 markets that had the largest transparency score change in the past two years since the firm’s last index in 2006.Yet Vietnam’s overall ranking is still as low as 77 out of the 86 economies surveyed by JLL for the Real Estate Transparency Index.The index ranks economies based on performance measurements, market fundamentals, listed vehicles, legal and regulatory environment, and transaction processes.It categorizes the surveyed economies into five groups of high, transparent, semi, low and opaque levels.
| | By: Vietnam real estate news | | |
| | Dothan Real Estate Market Report - July New Construction | | 2008-07-09 08:01:51 | | There is nothing else to say about the new home market here in Dothan other than it is flat. New home starts continue to be low and the number of new construction homes on the market is at an all-time high. There were 21 new residential construction permits issued in June, down from 23 in [...] | | By: Dothan Home Search | | |
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| Barkley Estates: June 2008 Home Sales and Real Estate Market Report | | 2008-07-08 14:49:19 | | Thank you to the readers who requested more information about home sales in Barkley Estates on the West Bank of New Orleans (I really DO respond to reader requests for reports and topics). Barkley Estates is a great gated community just off of Lapalco Blvd. in Harvey, Louisiana, with new and resale homes along with [...] | | By: West Bank Living | | |
| | | Marrero, LA: June 2008 Home Sales and Real Estate Market Reports | | 2008-07-04 14:20:41 | | Marrero LA Homes for Sale as of 7/2/2008
275 active listings, priced from $64,000 to $1,600,000
14 pending (offer accepted but still showing) listings, priced from $114,900 to $249,900
1 open predication offer, priced at $165,000
50 under contract listings, priced from $54,900 to $357,400
Based on June 2008 sales, there is a 9.8 month supply of homes for sale [...] | | By: West Bank Living | | |
| | Real estate market threatening Georgia banks | | 2008-07-04 14:03:00 | | Nearly $1 out of every $5 on Georgia banks' loan books bankrolled homebuilders and real estate developers — by far the highest proportion in the state in at least 30 years, according to federal regulators' data.Even during the savings-and-loan crisis of the 1980s and 1990s, when thousands of banks and thrifts across the nation failed, Georgia banks were far less exposed to these higher-risk loans. Today, the banks have double the concentration of those loans, according to federal data on banks.Such loans are considered higher-risk than mortgages or conventional business loans because of the boom-and-bust nature of the real estate development business and the uncertain value of assets such as raw land and unfinished projects.
| | By: Atlanta real estate news | | |
| | Ventura County commercial real estate market sees vacancies rise | | 2008-07-04 13:30:00 | | A slumping national economy has finally caught up with Ventura County's commercial real estate market.According to a midyear report released earlier this month by Camarillo-based CB Richard Ellis, vacancy rates for retail, office and industrial space throughout the county are up in the second quarter of 2008 as compared to the same time last year.The subprime mortgage meltdown and rising gas and food prices have begun to take their toll on the county's commercial real estate, a market that has generally proven itself resilient to economic downturns.
| | By: Commercial Real Estate News | | |
| | Algiers, LA 70114: June 2008 Home Sales and Real Estate Market Reports | | 2008-07-04 11:38:10 | | Algiers, LA 70114 Homes for Sale as of 7/2/2008
This report includes all of the Algiers zip code 70114, including Algiers Point. Read Algiers Point June 2008 Home Sales Report for specific sales information on that area.
104 active listings, priced from $19,900 to $650,000
6 pending (offer accepted but still showing) listings, priced from $42,900 to $384,500
22 [...] | | By: West Bank Living | | |
| | Algiers, LA 70131: June 2008 Home Sales and Real Estate Market Reports | | 2008-07-04 10:59:47 | | Algiers LA 70131 Homes for Sale as of 7/2/2008
This report does not include English Turn. Read English Turn June 2008 Market Report
220 active listings, priced from $31,900 to $1,100,000
15 pending (offer accepted, but still showing) listings, priced from $26,900 to $429,000
27 under contract listings, priced from $35,000 to $269,900
Based on the June number of sales [...] | | By: West Bank Living | | |
| | Gretna, LA 70053: June 2008 Home Sales and Real Estate Market Reports | | 2008-07-04 10:24:04 | | Gretna LA Homes for Sale as of 7/2/2008
50 active listings, priced from $37,000 to $310,000
3 pending (offer accepted but still showing) listings, priced from $116,500 to $225,000
1 open predication listing, priced at $119,900
11 under contract listings, priced from $35,000 to $275,000
Based on June sales, there is a 5.5 month supply of homes for sale in [...] | | By: West Bank Living | | |
| | Terrytown and Gretna, LA 70056: June 2008 Home Sales and Real Estate Market Reports | | 2008-07-03 20:58:25 | | Terrytown and Gretna Homes for Sale as of 7/2/2008
Zip code 70056 only
199 active listings, priced from $30,000 to $1,200,000
7 pending (offer accepted but still showing) listings, priced from $99,900 to $279,900
17 under contract listings, priced from $99,999 to $449,000
Based on the June 2008 sales, there is a 14 month supply of homes for sale in [...] | | By: West Bank Living | | |
| | Harvey, LA: June 2008 Home Sales and Real Estate Market Report | | 2008-07-03 20:36:28 | | Harvey, LA Homes for Sale as of 7/2/2008
214 active listings, priced from $50,000 to $1,400,000
3 pending (offer accepted but still showing) listings, priced from $24,900 to $318,000
49 under contract listings, priced from $20,000 to $359,000
Based on June 2008 sales, there is a 9.73 month supply of homes for sale in Harvey, above the 5-6 month [...] | | By: West Bank Living | | |
| | Belle Chasse, LA: June 2008 Home Sales and Real Estate Market Report | | 2008-07-03 20:01:12 | | Belle Chasse Homes for Sale as of 7/2/2008
67 active listings, priced from $113,300 to $2,750,000
1 pending (offer accepted but continuing to show) listing priced at $195,000
7 under contract listings, priced from $161,900 to $425,000
Based on June 2008 sales, there is a 7.4 month supply of homes for sale in Belle Chasse, slightly above the 5 [...] | | By: West Bank Living | | |
| | Westwego, Avondale and Bridge City, LA: June 2008 Home Sales and Real Estate Market Reports | | 2008-07-03 19:30:05 | | Westwego Homes for Sale as of 7/2/2008
120 active listings, priced from $39,000 to $430,000
9 pending (offer accepted but still showing) listings, priced from $110,000 to $245,000
15 under contract listings, priced from $34,900 to $185,000
Based on the June 2008 sales, there is a 6 month supply of homes for sale in Westwego, Avondale and Bridge City. [...] | | By: West Bank Living | | |
| | English Turn: June 2008 Home Sales and Real Estate Market Report | | 2008-07-03 18:45:36 | | English Turn Homes for Sale as of 7/2/2008
46 active listings, priced from $419,000 to $1,595,000
4 pending listings (offer accepted but still showing) priced from $429,000 to $485,000
1 open predication listing priced at $585,000
3 under contract listings priced from $428,900 to $649,000
Based on June 2008 sales, there is a 9.2 month supply of homes for sale [...] | | By: West Bank Living | | |
| | Sacramento Real Estate Market Report for June 2008 | | 2008-07-02 08:00:56 | | Sacramento real estate
continues on the upswing with home sales continuing to increase in numbers.
It’s been a steady slow climb which is much more stabilizing than a rush of numbers.
The chart above shows single family home sales from January 2008 through June 2008.
The June 2008 figures will only continue to increase as real estate offices plug their numbers into | | By: Sacramento Real Estate Voice | | |
| | Dothan Real Estate Market - June Inventory Report | | 2008-06-25 05:49:18 | | Inventory is still inching upward. We are up to 975 homes on the market as of the first of June (the number is down a bit today). There has never been a time in the Dothan area where buyers have had more to choose from than they do right now.
Inventory
The number of homes for sale [...] | | By: Dothan Home Search | | |
| | Demand in secondary real estate market in Moscow by 40-50% | | 2008-06-22 02:51:00 | | Last week the most marketable panel apartment blocks have increased in price by 0.8% on the average. From June 9 to 15 the average price per square meter in the capital grew insignificantly (by 0.6% in dollars) and approximately reached $7,800. The growth in rubles made 0.1%, up to the level of 184,900 rubles. In Moscow Region, the prices increased by 0.2% in dollars and decreased by 0.3% in rubles. At the present moment, the average supply price in the region is $3,300 or 78,600 rubles per square meter.For the indicated week, the general volume of supply in the capital grew insignificantly (by 0.5% as compared to the previous week) and totaled about 24,500 apartments. In Moscow Region, decrease of supply by 3.2% or up to 11,900 apartments is registered.
| | By: Russia real estate news | | |
| | | Baddi Property and Real estate Market | | 2008-06-20 10:07:15 | | Invest in Baddi Real Estate & PropertiesBaddi is an industrial town in the Solan District of Himachal Pradesh, a hill state of northern India.Baddi is a leading industrial centre of Himachal Pradesh, being part of an industrial corridor stretching from Barotiwala to Nalagarh along the western border of Solan district. The town of Baddi is now home to some of the top industries like Nicolas Piramal, Bajaj Consumer Care, Ranbaxy, Dr Reddy’s Lab, Torrent Pharmaceuticals, TVS Motors, Colgate Palmolive, Dabur India, Cipla, Cadbury’s, Wipro, Wockhardt, Procter & Gamble, Marc Enterprises etc. Moreover, the Baddi Barotiwala industrial corridor is emerging as one of the biggest Pharma hubs of Asia. The new industrial set up would also provide employment to over thousands of people and generate economic well being for the entire town and state. Mr Rohtas Goel, Chairman and Managing Director, Omaxe Limited, says, “We intend to focus on Tier II and Tier III cities which are fast | | By: Best Investments in India | | |
| | Dothan real estate market - June Sales report | | 2008-06-16 00:36:36 | | May was a strong month for home sales around the Dothan area. The number of homes sold was up around 20% over April, and with 122 homes sold, May of 2008 almost equaled the 124 sold in May, 2007.
The number of pending home sales has been fairly stable since the first of the year, and [...] | | By: Dothan Home Search | | |
| | The Real Estate Market on Grand Lake | | 2008-06-15 12:32:03 | | The real estate market on Grand Lake in Northeast Oklahoma is alive and well. The market is not robost but properties are moving when priced right and presented right. Prices are steady with last year and recent highs. The Oklahoma real estate market did not get over heated as did the market in Nevada, California, [...] | | By: Grand Lake OK Real Estate and News | | |
| | India real estate market will grow 30% in next 10 yrs | | 2008-06-15 05:38:35 | | The real estate market in India will take a growth rate of 30 per cent annually in the next 10 years, attracting foreign investments (FDI) worth $30 billion, with a no of IT parks and residential townships being constructed across-India, industry body Assocham said. Currently, the domestic real estate market is expected to be worth $15 billion in which the FDI is estimated to about $6 billion, it said. | | By: Best Investments in India | | |
| | Wall Street Woes Hurting New York Real Estate Market | | 2008-06-09 11:28:00 | | One bank has collapsed, thousands of jobs have been lost, and stocks have plummeted. So has any good come of the recent financial crisis? Well, if you're looking for a place to live in Manhattan, it looks as though prices in this alternate-universe island economy might finally start coming down. Reuters:The number of homes on the market in Manhattan rose 4.6 percent to 6,194 in the first quarter from the same period last year, according to the Prudential Douglas Elliman Manhattan Market Overview quarterly report released early last month.
| | By: NY real estate news | | |
| | Dothan Real Estate Market Report - June New Construction | | 2008-06-09 07:36:17 | | Well, the jump in new home starts here in the Dothan real estate market was short lived. Last month we had a big increase. This month the number was right back down again. There were 23 new residential construction permits issued in May, down from 37 in April.
Here is the trend over the last twelve [...] | | By: Dothan Home Search | | |
| | Terrytown and Gretna, LA: May 2008 Home Sales and Real Estate Market Report | | 2008-06-03 20:40:17 | | May 2008 Home Sales in Terrytown and Gretna, LA (70056)
182 homes for sale, priced from $69,900 to $1,200,000
33 homes pending sale or under contract, priced from $17,000 to $449,000
19 homes sold in May 2008, down from 24 sold in April 2008, priced from $99,000 to $309,900
Based on current sales rates, there is 9.6 [...] | | By: West Bank Living | | |
| | | English Turn: May 2008 Home Sales and Real Estate Market Report | | 2008-06-03 15:23:00 | | May 2008 Home Sales in English Turn Subdivision
New Orleans, LA
47 homes for sale as of 6/2/2008
9 homes are pending sale or under contract, priced from $428,900 to $1,300,00 (compared to 7 at this time last month)
2 homes sold in May 2008, compared to 3 sold in April 2008
Based on current sales, there [...] | | By: West Bank Living | | |
| | Westwego, Avondale and Bridge City, LA: May 2008 Home Sales and Real Estate Market Report | | 2008-06-03 15:02:42 | | Home Sales in Westwego, Avondale and Bridge City, LA
117 homes currently for sale in zip code 70094 (Westwego, Avondale, Bridge City and Waggaman, LA), up from the 103 at the same time last month
24 homes under contract or pending sale, priced from $56,000 to $269,900
12 sold homes in May 2008, compared to 14 [...] | | By: West Bank Living | | |
| | Marrero, LA: May 2008 Home Sales and Real Estate Market Report | | 2008-06-03 14:35:46 | | May 2008 Home Sales in Marrero, LA
265 homes currently listed for sale in Marrero, LA
69 homes are under contract or pending sale, priced from $45,000 to $395,000
35 homes sold in May 2008, compared to 26 in April 2008
The average home sale price in Marrero for May 2008 was $149,152, down from [...] | | By: West Bank Living | | |
| | Harvey, LA: May 2008 Home Sales and Real Estate Market Report | | 2008-06-03 13:25:32 | | May 2008 Single family home sales in Harvey, LA
200 homes for sale in Harvey as of 6/2/2008
56 homes pending sale or under contract, priced from $69,900 to $305,900
17 homes sold in May 2008, priced from $37,000 to $335,000, up from the 12 sold in April
Based on current sales, there is a 11.8 [...] | | By: West Bank Living | | |
| | Belle Chasse, LA: May 2008 Home Sales and Real Estate Market Report | | 2008-06-03 12:46:01 | | May 2008 Home Sales in Belle Chasse, LA
70 homes currently for sale in Belle Chasse, compared to 61 last month
6 homes sold in May 2008, compared to 5 sold in April 2008
11 homes are pending sale or under contract, priced from $195,000 to $1,250,000
Based on current sales, there is a 11.67 month supply of homes for [...] | | By: West Bank Living | | |
| | The Montreal real-estate market | | 2008-06-01 05:24:00 | | Montreal real-estate market is coming in for a smooth landing this year and next with a moderate slowdown in both resale and new construction activity, the Canadian Mortgage and Housing Corp. said yesterday.CMHC predicts fewer resale transactions in the greater Montreal region in 2008 and 2009 compared with record levels in 2007. But sellers will remain firmly in the driver's seat and prices will rise. Condominiums will be the only segment where the number of transactions are expected to remain stable as buyers seek affordable accommodation.In the residential construction sector, housing starts are expected to fall but remain at historically strong rates.
| | By: Canada Real Estate News | | |
| | Dothan Real Estate Market - May Inventory Report | | 2008-05-22 14:30:05 | | Yes, I realize this report is about a week or so late. Fortunately, there are a good number of people buying and selling houses right now in Dothan, so we are swamped. So, apologies for being late and here is this month’s inventory report.
Inventory
Inventory was up just over 5% in April to 968 single family [...] | | By: Dothan Home Search | | |
| | Dothan Real Estate Market Report - May New Construction | | 2008-05-19 08:23:25 | | The number of residential new construction permits issued in April was up significantly from previous months. The total of 37 permits issued is the most in one month since March of last year. Here is the trend over the last twelve months.
Inventory of new construction homes on the market continues to edge down slightly, with [...] | | By: Dothan Home Search | | |
| | Dothan Real Estate Market Update - May 2008 Sales report | | 2008-05-13 14:45:21 | | Inventory and absorption rates will be updated next week. Remember that we are comparing year-to-year numbers to take into account the seasonality of home sales. So far this year, home sales are down just over 18% compared to the same period in 2007, but under 5% compared to 2006.
Here are the sales and pending sales [...] | | By: Dothan Home Search | | |
| | | Makaan.com Ad and Indian Online Real Estate Market | | 2008-05-07 14:20:40 | | Despite all the Web2.0 hype Jobs, Travel and Matrimony are the only internet companies in India who have been successful and now its Real Estate industry which is next target of these Indian Internet majors.The jobs market which shifted majorly from print to online has inspired these companies and the intent is to do the same to real estate market and if the jobs market was 500-600 crore the real estate market is even bigger with an estimated up to 900-1000 crores being spent in print.However there are problems ranging from the fact that the real estate industry and the people in it are not very Internet savvy and as professional as the people in jobs market to get them to migrate to online is more difficult and loads of competition Magicbricks, 99acres, Makaan.com and Indiaproperty.com all are fighting for this pie. Almost all of them are advertising all over the internet so how to differentaiate and Makaan.com which is held by People's group already behind the successful Shaadi.com | | By: Marketing & technology in India | | |
| | Forecasting Toronto’s Real Estate Market | | 2008-05-03 01:52:00 | | When looking at forecasts for Toronto’s real estate market, or any market for that matter, it’s important to understand that these predictions are only as good as the information that experts have at the time. Unexpected shocks or changes to the market can impact the accuracy of a forecast. For example, the introduction of 40-year mortgages had a significant impact on Toronto’s real estate market in 2007 (see my previous post, Extended Amortizations and Toronto's Real Estate Market: Real Opportunity or Bubble Booster?). Roughly 10,000 more people bought homes in 2007 than in either 2004,2005 or 2006. Much of this increase had to do with the fact that housing suddenly became more affordable, driving up demand in that year.So why didn't experts anticipate this surge in demand in 2007? One possibility is that forecasts for a slowdown were announced before CMHC introduced the 40-year mortgage. Another possibility is that forecasters who did take the 40-year mortgage into account, u | | By: Canada Real Estate News | | |
| | Oklahoma Economy and Real Estate Market | | 2008-05-02 17:32:16 | | It's not bad everywhereI read the Tulsa World every morning before starting my day. I usually find something interesting. The past couple of days there have been articles on unemployment in Oklahoma being under 3.5%. This is as good as I have seen in my life time.Another article tells of the medium home price in Tulsa area being up about $5000 over last year. This goes along with what we are seeing in the Grand Lake market.We know there is gloom and doom in many states, but Oklahoma is alive and well. Now might be a good time to invest in Oklahoma real estate and Grove, Oklahoma and the Grand Lake area is the place to be. Invest in something you can enjoy. The waters of Grand Lake offer great fishing, boating, sea-dooing, and sailing. It's great to lay in a hammock under a nice shade tree and enjoy an afternoon reading a book too. Our market is good but not robust, primarily due to all the national press on the bad real estate market in areas such as Florida and Californ | | By: Grand Lake OK Real Estate and News | | |
| | | Strong Numbers for the Paris Real Estate Market | | 2008-04-29 02:55:00 | | The official average price per square meter for unoccupied old apartments in Paris rose by 2.7% between the 3rd and 4th quarter 2007 and by an impressing 10.5% in comparison with the 4th quarter 2006. The average price per square meter in “Paris Intramuros” was 6,360 €/ US$ 10,145.3 during the 4th quarter 2007 and 36,807 properties were sold in 2007It is very interesting to look at the development over the past ten years: in the fourth quarter 1997, the same average price stood at FRF 15,294/ US$ 3719.47 and it has since then increased by an impressing 172%.In 2007, the most expensive arrondissement once again was the 6th around “Saint Germain- des- Prés” and the “Luxembourg Garden”, where an average square meter cost €9.790/ US$ 15,616.70. It was followed by the 7th which is located on the southern bank and stretches between the “Musée d’Orsay” and the “Eiffel tower” area. Here the notaries registered an increase of 12.9% p.a. and an average price of € 9, | | By: france real estate news | | |
| | Oklahoma Real Estate Market Update | | 2008-04-24 10:04:25 | | Comments on April 2008 Housing MarketI am sure that you, like I, have read numerous articles on the death of the home market. It is true that in certain states such as California, Arizona, Nevade, and Florida that home sales have been down both in number of homes sold and the price of the sale. All states are not the same however.This morning I read an interesting article in The Tulsa World newspaper by Al Unser, CEO of Greater Tulsa Association of Realtors. Yes, he is associated with the industry, but who knows better than someone in the business the state of the business. You need to go to tulsaworld.com and read his article on April 24, 2008 in the business section, page 24.The author points out you would not listen to the weather forecast on the east coast to know the weather in the midwest nor should you look at the housing forecast on either coast to know the market in the midwest and in particular, Oklahoma. Tulsa home sales prices were up 5.2% in 2007. The economy in Oklahoma i | | By: Grand Lake OK Real Estate and News | | |
| | Dothan Real Estate Market Trends - 1st Quarter 2008 | | 2008-04-22 09:21:40 | | At the end of each quarter, we look at some Dothan real estate market statistics that don’t fit well into one of our monthly reports. That is not to diminish their importance however.
Median Price
Median price can vary significantly from month-to-month, so we compare quarters to help smooth out the bumps. Median price is used instead [...] | | By: Dothan Home Search | | |
| | Realtor Foresees Chicago Real Estate Market's Recovery | | 2008-04-18 11:26:00 | | Chicago, IL (AHN) - Chicago realtor Barbara Marriott reported a slight rise on median house prices in the city and an apparent increase in real estate transactions the past few weeks.This indicates the real estate market in Chicago "has bottomed out and primed to recover," Marriott wrote in Realty Times.For the meantime, the Illinois capital city's market will remain steady as foreclosed properties in the Chicago's inventory are sold leading to a positive growth in existing home sales by the second half of 2008.
| | By: Chicago real estate news | | |
| | Toronto's Real Estate Market - Boring for the Next Couple of Years | | 2008-04-17 04:59:00 | | CIBC World Markets economist Benjamin Tal appears to agree. From a Globe and Mail article last week:"It's the end of an era, if you wish," says Mr. Tal. "I think that the toronto real estate market will be more boring for the next couple of years — which may be a good thing."Mr. Tal says one key measure — unit sales as a share of new listings — is sitting at about 55 per cent right now. Last year, it was about 65 per cent.A range of 40 to 60 per cent is considered a balanced market, and Mr. Tal expects to see Toronto sales remain in that range. In fact, the percentage will likely to fall to 50 per cent or so, he predicts.
| | By: Canada Real Estate News | | |
| | Dothan real estate market - April Sales report | | 2008-04-15 14:17:43 | | Both homes sold and pending sales were up in March, a good sign that the Dothan real estate market is still healthy. New pending sales were up almost 25% over March, 2007 and last month. There were over 100 homes sold in February and March which is the first time that has happened in two [...] | | By: Dothan Home Search | | |
| | Long Beach Real Estate Market...What A Ride! | | 2008-04-15 09:24:00 | | Ah...yes! This video was sent to me by my father and it completely reminded me of how I've sometimes felt the past seven months. I truly believe we've hit very close to bottom here in Southern California with regards to Real Estate. When you can reach up and touch bottom you know there's only one...
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| | By: Long Beach Real Estate Resource | | |
| | Report predicts slowdown in Alberta real estate market | | 2008-04-14 09:41:00 | | CALGARY - A report released today by TD Bank Financial Group says housing starts in Alberta as well as the number of homes sold will retreat in the next two years as the country on the whole experiences a cooling trend in the residential real estate industry.Also the yearly pace of resale home price growth in the province will slow down substantially from the highs recorded in the past two years."A soft landing is anticipated," said the report about the Canadian housing market. "This moderation will reflect the fact that the past rapid price appreciation has eroded affordability and has encouraged additional supply from new listings and new home construction. A weaker domestic economy will also contribute to the cooling."
| | By: Canada Real Estate News | | |
| | Boston’s commercial real estate market | | 2008-04-12 11:36:00 | | Boston real estate - Rents for the Boston area’s most exclusive towers and buildings are cooling in a sign the red-hot office leasing market may have peaked.After several quarters of rising rates, the average asking rent for Class A towers and buildings in Greater Boston fell 45 cents to just over $40 per square foot, commercial real estate firm Richards Barry Joyce & Partners reports.That comes after 18 months in which rents for top towers and buildings spiked, jumping nearly 30 percent since the end of 2005, the firm finds in its first quarter market report.
| | By: Boston real estate news | | |
| | Real estate market to remain lackluster for 1.5 more years: experts | | 2008-04-11 05:04:00 | | The real estate market shows signs of falling down as a result of the monetary policies and anxiety about the stability of the local currency.
Prof Dr Dang Hung Vo, former Deputy Minister of Natural Resources and the Environment, now head of the chair of land under Hanoi National University, said that in fact, policy makers want to recover the real estate market, but commercial banks are trying | | By: Vietnam Business Finance News | | |
| | | Efforts to stabilise real estate market | | 2008-04-09 05:43:00 | | The domestic real estate market, especially in Hanoi, Ho Chi Minh City and their neighbouring areas have been very busy and has experienced negative development last year and in the first quarter of 2008.
The objective reason is the increasing demands for accommodation in cities and towns. On average, demands for accommodation in urban areas have increased by 21 million square metre a year. | | By: Vietnam Business Finance News | | |
| | David Baruch: "Israel's real estate market will be hit by the US sub-prime crisis." | | 2008-04-08 18:55:00 | | "A slowdown in Israel is a certainty and a sharp drop in foreign investment in both commercial and residential real estate is probable," predicts Excellence Investments CEO David Baruch. He made the comment during the annual conference of the Association of Contractors and Builders in Israel in Eilat on Friday. There were more than 950 participants at the event at the Princess Hotel.Baruch added, "The sub-prime crisis has created capital distress at foreign banks, with the result that Israeli developers in international markets will find it difficult to obtain credit. The price of credit in Israel and overseas will go up."
| | By: Israel real estate | | |
| | America's Real Estate Market Trends | | 2008-04-06 11:06:00 | | America's Real Estate Market TrendsThe median home price hit 506,000 in Los Angeles County in March 2006, climbing above the half million dollar mark for the first time in history. That figure is double what the median price for the area was just four years ago.The good news for prospective homebuyers in other areas of the country is that a half million dollars can still buy quite a bit of home in much of the rest of the United States. For instance, even though Central Oregon is experiencing a considerable rise in both population and home prices, the median price is lower than LA County, although still higher than a significant number of other areas of the country. For instance, the median price for a home in Bend rose more than 30% in 2005, to 327,500. Another Central Oregon town, Madras, saw a 187% increase in the number of home sales in the first quarter of 2006.The major force driving the boom in Oregon home prices, as well in Southwestern states and the Pacific Northwest, is an in | | By: Onlinelar | | |
| | 4 Ways to Avoid Getting Burned in a Collapsing Real Estate Market | | 2008-04-06 11:01:00 | | 4 Ways to Avoid Getting Burned in a Collapsing Real Estate MarketThere are many people out there that have been waiting for several years for the housing market to take a downturn. There are also a lot of investors that have been dreading it. Well, it is finally here, the housing market is cooling off and a lot of real estate investors who were after a quick buck are now losing money. What this article is about is how to survive the downturn and possibly even make a profit on your real estate investment.1) Turn your property into a rental.If there are fewer people who are willing to put down the money on an expensive house, then it stands to reason that there are more people that are going to be renting. Think about it, those people still need a place to live, and you can become their landlord. Just make sure that the rent will cover the mortgage until the market turns around again. I would also recommend that you find a property management company to take care of the place while it is | | By: Onlinelar | | |
| | Selling Your Home In a Booming Toronto Real Estate Market | | 2008-03-27 18:03:53 | | The Toronto real estate market is booming. Members of the Toronto Real Estate Board sold over 6000 pieces of property in February and this figure does not include for sale by owner statistics.
The sales were down slightly from the same period in 2007, but the sales were on target for the time of the [...] | | By: For Sale By Owner News | | |
| | Real estate market unstable in Viet Nam | | 2008-03-26 06:13:00 | | According to foreign investors, Viet Nam has the lowest Real Estate Transparency Index in both the Asia-Pacific region (15th out of 15 nations in a survey) and in the world (56th out of 56 nations in the survey).
A seminar on property registration law was held in Hanoi on March 25 by the Ministry of Justice, Ministry of Natural Resources and Environment, the Ministry of Finance, and the Japan | | By: Vietnam Business Finance News | | |
| | Canadians are wondering if the same fate awaits the real estate market | | 2008-03-26 06:07:00 | | The U.S. financial sector has been rocked by subprime mortgages, which essentially provided a way into real estate for people who wouldn't qualify for conventional mortgages. But Turner told CTV.ca the real story is that housing prices in the U.S. got more expensive than Americans could afford.In Canada, real estate prices have essentially doubled in five years. Turner said he didn't think that was a "reasonable" increase.Over that period, household incomes have stayed essentially flat, he added.
| | By: Canada Real Estate News | | |
| | Bear Stearns Bailout "Falls" On Manhattan Real Estate Market | | 2008-03-26 05:59:00 | | You have to ask the question: can the up-‘til-now untouchable Manhattan real estate market survive under the weight of Wall Street’s banking implosion? Bear Stearns folks suddenly seeing their stock-based bonuses disintegrate into nothing and credit and capital fleeing the building at an alarming rate, are those priciest of pricey pads going to be able to hold their value?As usual, the answer depends on location and price point. Remember one thing: there is limited supply in Manhattan and the city’s troubles of previous real estate downturns (high crime, filth and economic issues in the city’s own coffers) don’t exist today. Demand is high and that is the core of the Big Apple’s ability to survive this.
| | By: NY real estate news | | |
| | Inventory In Houston Real Estate Market Continues to Rise | | 2008-03-25 03:51:00 | | Michael Levitin is set to preside over a dismal year in Houston Real Estate if For Sale signs keep popping up.We assure you, its not his fault.But the decline in sales continued for a sixth straight month in February according to the recent report released by the Houston Association of Realtors.Sales are down but not as bad as they were last month.
| | By: Houston Real Estate News | | |
| | Dallas real estate market is rocking | | 2008-03-25 03:42:00 | | Entrepreneurship expert and Texas Christian University professor Ted Legatski said in an e-mail that the current housing market "offers both risks and opportunities.""I doubt that the current real estate finance situation really has much effect on [the SMU] area." But like almost any business, "being highly leveraged is very risky," says Legatski.Nina Flournoy, Healy's communication professor at SMU, does not think the housing situation will hold him back. "With his can-do attitude, he could be digging ditches and selling toilet paper rolls and turn it into a wonderful business," Flounoy said.
| | By: Dallas Real Estate News | | |
| | | Dothan Real Estate Market - March Inventory Report | | 2008-03-20 16:23:50 | | February brought a nice upturn after a couple of months of slow activity. As we discussed last week, sales were strong and pending sales are good. How about inventory? I’m glad you asked.
Inventory
Inventory was down in February, with 928 single family units on the market for sale. Looking at the graph, inventory has remained fairly [...] | | By: Dothan Home Search | | |
| | vietnam HCM City real estate market remains lackluster | | 2008-03-19 14:54:00 | | The HCM City real estate market, which is considered very sensitive to any state policy, surprisingly remains quiet despite the news about allowing foreigners and Viet Kieu to buy houses, which has been expected to stimulate market demand.Analysts say that the draft decree does not have much impact on the market. Viet Kieu also are not purchasing houses at this moment, they will only buy houses when the prices become ‘softer’.Hoang Thanh, a Viet Kieu in Germany, said that though the land price is on the decrease, he still finds the policies too unclear. “I will wait for some more time until the bill is ratified and will make a decision after that,” he said.
| | By: Vietnam real estate news | | |
| | Roseville and Granite Bay Real Estate Market Report | | 2008-03-19 08:00:53 | | Want to know how many homes were for sale in Roseville and in Granite Bay, CA in February 2008?
Are you interested in knowing what the average price of a house in Roseville and Granite Bay would be?
More importantly, how many homes actually sold in Roseville and Granite Bay in the month of February 2008 and what [...] | | By: Sacramento Real Estate Voice | | |
| | Profitability of real estate market in Azerbaijan is 1.5-2 times higher as compared to Moscow | | 2008-03-17 02:51:00 | | Azerbaijan's attractiveness for investments is mainly caused by growing GDP. Thus, Azerbaijan's GDP growth makes up 35% per year, as compared to Russia where GDP rises only by 7-8%.Currently, large share of investments into the Azerbaijani real estate market is made by local companies and entrepreneurs, however Moscow investment companies have just paid a special attention to this market.In particular, the National reserve corporation plans to build a business center in Baku to take about $200,000,000.
| | By: Russia real estate news | | |
| | A region’s commercial real estate market can be a good bottom-line | | 2008-03-16 03:26:00 | | Frustrated by time constraints at the skating rinks they use now, team leader JoAnn Divers and her Bakersfield Rollergirls simply want to lease a space where they can practice, store their equipment and host competitions.Perhaps ironically, their inability to find a suitable building hints at stability within the local economy.Unlike the tough times facing Bakersfield’s housing market, the city’s commercial real estate market remains relatively strong. Demand from local businesses — especially those in oil and agriculture — continues to fill or nearly fill commercial space around town.“You always need ag and you always need oil, so we’ve been somewhat sheltered” from the slowing U.S. economy, said Kym Moore, senior vice president and market manager in Rabobank’s Stockdale Highway business loan center. “I think investors (in commercial real estate) still look at Bakersfield as being somewhat a good buy.”
| | By: Commercial Real Estate News | | |
| | Dothan Real Estate Market Update - March 2008 Sales report | | 2008-03-14 14:10:55 | | The number of homes sold in Dothan took a huge jump last month, climbing 55% over January numbers. In fact, the 95 houses sold in February was second highest monthly total since August.
Sales and Pending Sales
Pending sales through January and February have remained near 2007 levels. Pendings are a good sign of activity to come [...] | | By: Dothan Home Search | | |
| | 2008 Spring Real Estate Market | | 2008-03-13 12:53:48 | | For the past couple of Spring seasons, the real estate market has been in a slow, steady decline. Prices stopped rising at the breakneck pace that we have become accustomed to during 2001 - 2005. Based on that frame of reference, any reversal in appreciation started to look like the deal.But something seems different about the coming Spring of 2008. I am beginning to see price reductions unlike what has occurred in the past 2 years. It seems like the true reality of the real estate market is finally starting to sink in. I have witnessed price reductions of 25% to 50% of previous purchase prices, which was usually during 2005 - 2006. You may be wondering how a homeowner is able to take such a hit to unload a home. Well, it is not the homeowner directly taking the hit. These steep discounts have been due to what are called short sales. A short sale is when a lender agrees to sell a home at less than the mortgage balance, just to write-off the loss and avoid a costly foreclosure. | | By: Financial Freedom Through Real Estate | | |
| | Rising steel prices affecting real estate market - 45/kg | | 2008-03-13 03:31:37 | | Rising steel and cement prices becoming a headache for real estate developers in India. Further revision in property prices in the coming months as sharp rise in steel and cement prices and resulting in upsetting the calculations of potential buyers. With steel prices hitting the roof and the Finance Minister proposing to increase the excise duty on bulk cement, the real estate is in quandary over whether to push up the prices immediately or not. Maneesh Uppal, managing director of the Uppal Group said that the increase in steel prices will force companies engaged in construction activities to juggle up the prices and the cost of commercial and infrastructure projects may see a higher rise as compared to residential projects. Most of the property players, as of now, are trying to absorb the shock of the rise in steel and cement prices without transferring it to the buyers. "With the competition growing, no developer wants to take the chance by raising the price of his flats" feels K | | By: Best Investments in India | | |
| | Hot home sales in cool Valley real estate market | | 2008-03-11 11:07:00 | | You see them in every neighborhood, for sale signs and foreclosure notices. Despite this, Nate Martinez, President of the Phoenix Association of Realtors says one segment is really hot right now with homes priced under $200,000. He says a couple of years ago investors pushed up home prices, which meant many people could not afford to buy. Now that prices are dropping families once priced out of the market can jump in.
| | By: Phoenix Real Estate News | | |
| | Hanoi’s real estate market 2008 | | 2008-03-10 05:06:00 | | According to the world’s leading real estate service provider in Vietnam, CB Richard Ellis (CBRE), the demand for real estate in Hanoi would remain high in 2008 and supply would not meet demand for the 2008-2009 period. Only after big projects become operational by 2010, would there be a balance between supply and demand. At a press conference held in Hanoi recently, a representative from CBRE said the 1000th anniversary of Thang Long-Hanoi by 2010 and positive signs from Vietnam’s WTO membership have attributed to surging demand for real estate.In the next two and five years, several major foreign investment projects are expected to be completed and put into operation, helping overcome the problem.
| | By: Vietnam real estate news | | |
| | Philadelphia's real estate market improving | | 2008-03-10 04:04:00 | | The local real estate market is starting to loosen a bit. Showings in some neighborhoods are up substantially this year, agents report, after being down almost 50 percent between August and the end of 2007.Driving the upsurge in traffic, at least in part, are prospective first-time homeowners, who - in the first true buyers' market of the 21st century - don't have to worry about selling a house."On Monday, we received a two-page list of showings," said Kathy Conway, an agent with Prudential Fox & Roach in Center City. "Every day there are 20, compared with the normal of five to seven."Because so many properties are just sitting, sellers are more willing to deal, said Tim Raybould, 26, of Lansdale, who works for an accounting firm. He and his wife, Jen, 26, a teacher, have been house-hunting in Montgomery County since December.
| | By: Philadelphia Real Estate News | | |
| | The Manhattan real estate market is bucking the national trend in home prices | | 2008-03-08 03:53:00 | | In the fourth quarter of 2007, the latest data available, the median sale price for Manhattan coops and condos increased 6.4% compared with that period the year earlier, according to Mr. Miller. The luxury apartments that make up the top 10% of the market, or those priced at more than $2.8 million, increased 28.4% over the same period. Median prices are more accurate indicators than average prices, as they exclude outlier data, such as the ultra-luxury apartments at 15 Central Park West and the Plaza, which skew average prices upward.In other New York economic news, the office market slowed in January, with the vacancy rate increasing slightly, to 7.6%, while asking rates were similar to the fourth quarter of 2007, according to the Fed.
| | By: NY real estate news | | |
| | Foreign banks jump in vietnam real estate market | | 2008-03-08 03:22:00 | | While local banks are turning off the ‘vietnam real estate credit valve’ as requested by the State Bank of Vietnam, foreign banks are trying to increase credit.Several foreign banks and foreign investment funds have jumped onto the bandwagon. Prudential, an insurer, through its fund management company and finance leasing company has announced the programme on lending to the clients who have permanent and long term residential registration books.All the clients, who have the monthly income of VND4,8mil and higher, can access the loans with no mortgage assets.
| | By: Vietnam real estate news | | |
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