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    3 residential projects by UK's Plaza with Israeli developer Elbit Imaging
    2008-08-28 09:08:15
    Israeli real estate developer Elbit Imaging (EI) has signed a joint venture agreement with the UK property firm Plaza Centres NV (which operates in central and eastern Europe and in India. ) to develop three residential real estate projects in India. The 3 projects — located in Bangalore, Chennai and Cochin — will have a total combined development budget of around $3.4 billion and a built-up area in excess of 3.8 million sqm. (excluding parking spaces). In Bangalore, Elbit India Real Estate owns 50% equity holding in a mixed-use project with a prominent local developer. The project is located on the eastern side of Bangalore. With a total built area of over 2.1 million sq m, the project will comprise luxury residential units (villas and multi-level), office complexes, a major retail facility, hotel complex, hospital, golf course, club houses and ancillary amenity facilities.In Chennai, the Israeli firm owns a mixed-use development, 80% is owned by the JV and 20% by a local deve
    By: Best Investments in India
     
    Bangalore 47 residential tower by Asipac Ltd
    2008-08-28 08:50:27
    47-floor residential tower on Residency Road targeted at India's uber-rich, with each condominium priced at anywhere between Rs 23 crore & Rs 40 crore (about $5-9 million).The residential tower, named Bangalore 47, is being developed by a consortium comprising Bangalore-based realty marketer Asipac Projects Ltd, project management and architecture design firm Synergy Property Development Services Pvt. Ltd (35% owned by private equity firm Blackstone Group LP) and property developer S.S. Kumar at an estimated cost of Rs559.75 crore. The project will have a built-up area of around 287,000 sq. ft and is expected to be ready by 2011. The Bangalore 47 residential tower will have only 19 luxury condos for sale, a number deliberately kept low to build exclusivity. The consortium would also include an international architect while a builder of luxury properties in the US will provide technical know-how. Asipac declined to name the architect and builder.The project will have 16 seven-room
    By: Best Investments in India
     
    Jain Housing Carlton Greek residential projects in Hyderabad launched
    2008-08-11 04:01:20
    Jain Housing & Constructions recently launched its two mega residential 'Carlton Greek' projects in Hyderabad of amount Rs 950 crore.1,120 appartments will be built in two phases & would be completed by 2011. Jains' portfolio includes over 150 residential projects that include 4.5 million sq ft of completed project and over 10 million sq ft of on-going projects.Mehta, said "Exuding elegance, grandeur and style, this ultra indulgent residential offering unfolds a refreshing idiom of home design that radiates a pleasing balance of form and function".
    By: Best Investments in India
     

    Is A Residential Solar Energy System And Wind Power Generators In Tandem A Good Idea?
    2008-08-09 00:00:00
    Residential solar energy systems and wind power generators are becoming more popular. More and more people are finding the benefits of generating there own electricity to power there home. There are some situations where you may need both a residential solar energy system and wind power generators. Here we will take a look. With Solar energy, [...]
    By: Resources Zone
     
    Why Las Vegas private home and condo sellers have a hard time selling now? Over 74% of Las Vegas residential July sales are foreclosures and 9% short sales
    2008-08-08 22:20:20
     Private home or condominium sellers have to compete with deep pocketed banks and other lenders to sell their property in Greater Las Vegas. Not only do these lenders have a great deal more money than a typical owner occupied home owner, any and all laws that have been passed by the congress so far in [...]
    By: Las Vegas, Nevada Real Estate Agent’s Blog
     
    Residential plots in Dugri Road, Ludhiana gets overwhelming response
    2008-08-03 14:42:39
    The property market in Ludhiana touch new sky with an overwhelming response received to GLADA auction for residential plots in Urban Estate Phase II, Dugri Road, Ludhiana on Tuesday.As a result of massive response due to perspective planning and ideal site location, 19 residential plots of Urban Estate Phase II, Dugri Road have been sold at total price of Rs. 11,20,17,500/- which is almost 75.73 % increase over & above the reserve price of Rs. 6,37,41,950/-. Highest bid was Rs. 36,500/- per sq.yds. against reserve price of Rs. 23,500/-. 81 No's bidders took part in auction.Related: Ludhiana PropertyProperty in AmritsarProperty in JalandharPatiala Property
    By: Best Investments in India
     

    5 residential projects with golf courses coming up in NCR.
    2008-07-31 01:17:41
    Five residential projects with exclusive, integrated golf courses are coming up within the NCR. Tarudhan Valley Golf Resort in Gurgaon calls itself India's first gated golf community. They have 213 studio apartments and villas — all facing a nine-hole course spread over 52 acres and costing between 0.75 crore and Rs 3.5 crore. "Golf attracts a certain type of people and our idea is to create a likeminded community," says Ravish Awasthy of Silverglades, promoters of this property. Besides NRIs and people who have offices in Gurgaon, there are non-golfers too who have invested in Tarudhan, lured by the view of the rugged Aravali Hills and a beautifully landscaped garden. Jaypee Greens, a 450-acre golf-centric real estate project in Greater Noida, is aggressively promoting its 18-hole golf course, the third largest in Asia and designed by Greg Norman. Fifty acres of this property have 230 villas, divided into plots of 500 and 1,000 sq yards and priced at Rs 8 crore 20 lakh and Rs 4 cror
    By: Best Investments in India
     
    The residential market in some Sofia neighbourhoods is showing signs of slowdown
    2008-07-04 13:11:00
    Until recently, Bulgaria’s real estate market seemed a fairy tale told by a developer-type Hans Christian Andersen. High returns, quick profits, an omnivorous market gulping up projects from scratch. That magic world gave not only vendors, but also buyers a blissful life. They would obtain not only a home but also a rock-solid investment to safeguard them against inflation and jittery financial markets. Mortgage monthly fees would be lower than the rent they would otherwise have paid for their apartments. At the same time, rising real estate costs generated good profits should the owner opt for sale. National Statistics Institute data shows that the value of homes more than tripled throughout the 2002-2007 period. The hike was most tangible in Sofia, and in individual neighbourhoods rates leapt by 50 per cent last year alone, whereas the average ask price for a sq m surpassed 1000 euro. Banks enriched the fairy tale scenario by helping many a Dancho (as the ad went on) say “yes, y
    By: Bulgaria Real Estate News
     
    Speymill Macau agrees US $132 million residential deal
    2008-06-11 03:10:00
    Speymill Macau Property Company it had struck a $132 million deal to forward-fund the development of an upmarket residential building in Macau. The company has agreed to buy 259 units in the project from local developer Companhia de Construcao e Investimento Ho Chun Kei Limitada. These units are due for handover in 2010 (With units ranging from approximately 870 square feet gross floor area for 2-bedroom units to approximately 1,300 square feet gross floor area for 3-bedroom units, The development will consist of 4 towers). 30% of the total consideration is to be settled immediately with the rest payable upon completion."We remain confident in the demand for modern housing units in a supply-constrained economy that is growing its labour force very rapidly," said by director Peter Churchouse.
    By: SeeMacau
     
    Toyota's residential fuel cell cogeneration systems for government project
    2008-05-12 05:10:50
    Toyota Motor Corporation announced today that it plans to provide, for the third year in a row, home-use fuel cell cogeneration units as part of a government project to verify the practical use of CO2-reducing stationary fuel cells.Read more...
    By: Infibeam - Global Auto Industry News
     
    Residential Awnings
    2008-05-11 22:20:00
    Title: Closer to Home Than You'd Think If you're looking for a Retractable Awning Richmond is a great place to be looking.Residents all over Virginia have been enjoying Capitol Awning's superior quality since 1930, and their selection of Retractable Residential Awnings for decks and patios, as well as their Retractable Commercial Awnings for business entrances and drive-thrus. Visit Capitol Awning today to find out how they can best improve your home or business and I'm more than a little sure
    By: HealthyBodySoul
     
    Singapore URA releases two residential sites for sale
    2008-04-29 18:00:44
    Singapore URA releases two residential sites for sale By Wong Siew Ying, SINGAPORE : The Urban Redevelopment Authority (URA) has launched a residential site at Woodleigh Close for sale by public tender. At 1.08 hectare, market watchers said about 260-290 apartment units can be built on the plot of land, which is located near to the Potong Pasir [...]
    By: singapore property real estate news blog
     
    Three Singapore residential plots up for sale in quiet market
    2008-04-29 17:53:36
    Three Singapore residential plots up for sale in quiet market   One exec condo site and two 99-year leasehold suburban sites open for bids By Joyce Teo, Property Correspondent  BUYING interest in private homes may be relatively low now, but the Singapore Government is offering developers three new residential sites to consider buying. Two are 99-year leasehold suburban sites, and [...]
    By: singapore property real estate news blog
     
    Luxurious Apogee Condo South Beach Residential Development
    2008-04-25 13:26:05
    Buyers can choose between a 3 bedroom condominium unit & the 4 bedroom condominium unit with prices starting from $3 million. The luxurious residential development is located at the southern tip of South Beach nearby the Miami Beach Marina & in close proximity to the beach. Also note that the Apogee Condo South Beach is surrounded by shops & restaurants within walking distances. It’s a splendid place to live for an individual or family. Buyers can expect astounding views of the Port of Miami, Fisher Island & downtown. Take a look at the picture gallery on the website & you can see the quality finishes in the condominiums living spaces. The bathtub is truly modern & one of a kind!
    By: movie special
     
    Areas north of Montreal seeing incredible residential boom
    2008-04-24 17:50:00
    In 2006, when Manouk Alexanian decided to buy a condo, he quickly found himself priced out of Montreal."I looked around the downtown area for condos and the prices were high, sizes were small and the taxes were high as well," said the 29-year-old consultant. "But since my job is in downtown, I needed a fast way to get there."Rather than sacrifice space or convenience, Alexanian began to look north, in Laval, where prices were lower and a newly-extended métro line was set to open. After less than two weeks, he found a 900-square-foot apartment for $120,000, about two blocks from the de la Concorde métro, one of the three new métro stations that opened last year.
    By: Canada Real Estate News
     
    KepLand secures option to develop residential site in Viet Nam
    2008-04-21 09:23:00
    Property developer Keppel Land has secured an option to develop a residential site in Viet Nam's Ho Chi Minh City. The project is estimated to cost US$390 million. Keppel Land signed the agreement through its wholly-owned subsidiary Earlsbay Investments. Under the deal, the Singapore developer will hold a 60 percent stake, while local property developer Hong Quang takes on the remaining
    By: Vietnam Business Finance News
     
    Las Vegas Mobile Auto Window Tinting - Car - Residential - Commercial Tint
    2008-04-19 02:47:33
    ReconExpress.com is proud to announce a new member J & E Window Tinting who joined our exclusive mobile window tinting listing for Las Vegas. Steve who is the owner is getting on board at the right time. Las Vegas is one of the most hottest cities around and not to mention competetive as well. Lots [...]
    By: Auto Reconditioning/Paintless Dent/Bumper Repair/W
     
    Singapore residential rentals 5th highest in Asia: study
    2008-04-16 23:29:01
    Singapore residential rentals 5th highest in Asia: study But Republic still competitive for firms moving staff into region: ECA By JOANNE CHIEW SINGAPORE’S residential rental rates for a three-bedroom apartment have increased by 33 per cent over a year - from 2006 to 2007. This makes Singapore the fifth most expensive location in terms of residential rentals in Asia [...]
    By: singapore property real estate news blog
     
    Freehold Singapore residential site Amber Glades relaunched for en bloc sale
    2008-04-08 22:25:04
    Freehold Singapore residential site Amber Glades relaunched for en bloc sale By Cheryl Lim, SINGAPORE : Colliers International will be relaunching the collective sale of Amber Glades, a freehold residential site at Amber Road. The site has a gross plot ratio of 2.8 and consists of two 10-storey tower blocks with 63 units in total. About 90 percent of [...]
    By: singapore property real estate news blog
     
    Singapore Choa Chu Kang residential parcel up for sale
    2008-03-27 20:26:20
    Singapore Choa Chu Kang residential parcel up for sale Analysts think the 99-year leasehold site may fetch $230-$270 psf ppr By UMA SHANKARI THE Urban Redevelopment Authority yesterday launched a 1.9-hectare residential site in Choa Chu Kang Drive for sale by public tender. Analysts reckon the 99-year leasehold site could fetch $230-$270 per square foot per plot ratio (psf [...]
    By: singapore property real estate news blog
     
    SDI Breaks Ground for Saigon Golf Residential Area
    2008-03-26 06:13:00
    The Saigon Development and Investment Joint Stock Corporation began yesterday construction of the Saigon Golf residential area in An Phu Ward, District 2, the first part of a huge international sports and housing complex to be developed on the site. The new residential area will cover 10 hectares, including attached houses, townhouse villas, and apartments. The project, which is scheduled to be
    By: Vietnam Business Finance News
     
    BCCI starts work on residential area
    2008-03-13 22:29:52
    Binh Chanh Construction Investment Co. (BCCI) yesterday broke ground on the Phong Phu 4 residential area in Phong Phu Ward in Ho Chi Minh City's Binh Chanh District. The project covers a total area of 84 hectares and is divided to three sections. The first one of 197,000 square meters will include 759 attached... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
    By: Vietnam Stock Market News
     
    Frisco Landslide Threatens Residential Property
    2008-03-13 07:14:00
    A homeowner in Frisco is worried that erosion may soon claim his back fence, or more. This is happening in the Starwood neighborhood along Legacy Drive. The landslide is directly along the side of the road, near a railroad trestle.Full Story
    By: Frisco Texas Living
     
    Foreign companies buy into New York residential market for employees
    2008-03-11 11:41:00
    For foreign companies in New York, it is a huge cost of doing business: Employees move to the city or come here on assignment, and the company provides temporary corporate housing whose cost routinely exceeds $4,000 a month.But more and more foreign companies are buying high-end Manhattan condominium apartments and taking on the role of landlord themselves, brokers say. The companies, many from Europe and Asia, say the strategy makes perfect sense because of the booming Manhattan real estate market and the favorable exchange rate.
    By: NY real estate news
     
    Taipa Wai Lung Road Luxury Residential Developments 澳門氹仔偉龍馬路豪華住宅項目 (澳门氹仔伟龙马路豪华住宅项目)
    2008-02-29 07:51:00
    物業名稱: 偉龍馬路豪華住宅項目 (Taipa Wai Lung Road Luxury Residential Developments)地址/地段:澳門氹仔偉龍馬路發展商: 華人置業物業座數: 分三期興建25座物業建築面積: 約800至2,500方呎不等車位數量: 約3000至4000個單位會所及園林面積 : 設有10萬方呎豪華會所,及逾70萬方呎綠化園林等設施預計完工日期: 第一期將於2010年或之前落成
    By: SeeMacau
     
    Solar Power Generator-Residential
    2008-02-28 05:48:52
    I want to build a solar power generator to provide some or all of the power requirements for my home. Where is the best place to start my research? I'm sure I have a lot of ground to cover.
    By: CR4: The Engineer's Place for Discussion & New
     
    Development fees may jump for Singapore non-residential sites
    2008-02-22 08:49:33
    Development fees may jump for Singapore non-residential sites  For residential areas where strong land sales have lifted values, charges could surge By Fiona Chan, Property Reporter    DEVELOPERS may soon have to pay more to redevelop non-residential sites such as land for hotels or hospitals. A key government fee for redeveloping sites will be revised again next month, and property [...]
    By: singapore property real estate news blog
     
    No change to Singapore Geylang’s zoning use so residential nature of areas to stay
    2008-02-18 17:22:16
    No change to Singapore Geylang’s zoning use so residential nature of areas to stay By Margaret Perry,    SINGAPORE: The red-light area of Geylang is ‘ring-fenced’ through vigilant enforcement to control vice activities. National Development Minister Mah Bow Tan said the Police has and will continue to undertake regular enforcement action in both the odd and even streets (Lorongs) [...]
    By: singapore property real estate news blog
     
    Why Depression Treatment Centers Work Better Than Residential Treatment
    2008-02-18 09:02:47
    Residential treatment for depression are also known as halfway houses. Treatment focuses more on counseling. More: continued here
    By: Online Business Alliance & Niches
     
    Primary Residential Mortgage, Inc. Launches New Corporate Website
    2008-02-15 04:44:00
    Primary Residential Mortgage, Inc. (PRMI) has launched a new retail website at http://www.primaryresidentialmortgage.com/. The site educates borrowers not only about the company but also provides in-depth information and quality resources to help them through the mortgage process. Site visitors can also submit their information in order to be contacted by a branch in their area about mortgage financing."We really wanted to give Primary Residential Mortgage a fresh look and have a place where our
    By: Brand Mantra
     
    New Residential Area Planned
    2008-02-07 19:08:00
    The Dubai-based Limitless company, the development arm of Dubai World, and the Russian investment firm RDI Group are to develop a new real estate project near Moscow, the companies announced Tuesday.The new residential area, with an estimated population of 12,000, will be located on 113 hectares of land in the northwest of Moscow.
    By: Russia real estate news
     
    Residential real estate market in Detroit
    2008-02-05 16:59:00
    Dave Blaszkiewicz, president of the Detroit Investment Fund, will give a presentation on who's moving to Detroit and what are the residential real estate opportunities. The $52 million Detroit Investment Fund is a private-capital fund that offers financing for businesses and real estate projects that can stimulate economic development in Detroit.Afterward, a panel of Realtors who sell in Detroit will discuss their experiences and take questions from the audience.
    By: Detroit Real Estate News
     
    Bulgaria Residential Property Prices up 18,6% y/y
    2008-01-26 06:56:00
    Prices for residential real estate in Bulgaria grew by an average 18,6% in 2007 over the previous year due to the developing market and brisk demand, realtors said.The average price paid for residential properties across Bulgaria stood at EUR 737/m2 in 2007 compared to EUR 624/m2 in 2006, shows data of Address real estate company.Capital Sofia, which boasts the highest salaries in the country, continues to benefit from the real estate boom and recorded the highest rise in prices last year - 25%, reaching an average price of EUR 835/m2.
    By: Bulgaria Real Estate News
     
    Canadian residential real estate future is solid
    2008-01-25 05:00:00
    The Canadian housing market in 2007 set a number of MLS(R) sales records, and the re-sale housing market is expected to remain at near record sales levels in 2008, according to The Canadian Real Estate Association.Annual residential MLS(R) sales activity totaled 520,747 units in 2007,up 7.6 per cent from 2006 levels. This was the largest annual sales growthsince 2002, and the first time transactions via the MLS(R) systems of realestate boards in Canada have surpassed 500,000 units sold in one year.
    By: Real Estate News
     
    Bulgaria Residential Real Estate Prices Up by Nearly 30%
    2008-01-24 15:44:00
    The port city of Varna came in second, commanding an average price of BGN 1762,63/m2, up by 33,9% over last year. Third ranked the other major port of Burgas with average residential property prices at BGN 1442,08/m2, posting a 17,5% surge over the previous year.The residential real estate in Sofia district bottomed the ranking with prices as low as BGN 488,14/m2, marking an increase by 18,6% compared to the previous year.
    By: Bulgaria Real Estate News
     
    Residential Pump Problem
    2008-01-16 13:25:30
    hi, i have a domestic water pump from my tank to supply the house it works fine in the kitchen where i turn the tap on and the pump stays on, but when i use my shower it clicks on and off every couple seconds and disrupts a constant flow of the hot water, i use a tankless water heater.
    By: CR4: The Engineer's Place for Discussion & New
     
    High-end residential market to explode in ’08
    2008-01-13 04:13:20
    The supply of high-end apartments will grow in 2008 as a number of significant real estate development projects are completed this year, but industry insiders expect prices to remain high. "As... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
    By: Vietnam Business Finance News
     
    Hilton plan first branded residential hotel in Goa
    2008-01-12 18:20:00
    NEW DELHI: Residential hotels are all set to debut in India. Such hotels combine the flexibility of a vacation home with the service of a hotel.Real estate developer, DLF will soon come up with India’s first branded residential hotel with the Hilton Group in Goa. The 200-room hotel with 80 villas that will be sold out as vacation homes on lease-back basis, will be operational in three years. DLF plans to have six hotels on similar format in five years.
    By: Hotel real estate news
     
    California Wants to Control Residential Thermostats by Remote Control
    2008-01-12 06:23:34
     Every time I start to feel as though New Hampshire is getting out of control, every time I feel independent minded New Hampshirites have lost their way, I just look at California, and then I don’t feel so bad.  This International Herald Tribune article writes that if state regulators have their way, they will be able to [...]
    By: Wake Up America
     
    Residential Real Estate Appraisal Key Terms
    2007-11-29 22:28:00
    To be able to fully understand the concepts of residential real estate appraisal, here is a list of important terms with meaning. Appraisal becomes important in times of selling the property, buying a property, divorcing the partner, settling the estate, and relocating an employee. In some point of our lifetime, we are going to encounter appraisals at least once.Fair Market ValueIt is the median price between the highest price acceptable to buyer and lowest price acceptable to seller.Market ValueIt is the most likely price at which the property would sell. The property must sell at a right price in which the price is not too high and low. Thus, an overprice property will sell a little longer. In most cases, an overprice property sells when the market value catch up with the selling price.PriceIt is often confuse with Market Value. Price differs slightly from Market Value. Although the Market Value gives the seller an idea how much to sell the property, the price may be higher or lower than the Market Value. For example, a buyer is willing to pay $20,000 more than the Market Value. This happens when there are many potential buyers for the property.Value in UseThis relates to the net present value (NPV) of the property use. The NPV is the difference between present value of cash inflow and outflow. For example, a home buyer wants to purchase a property. He estimates the future cash flow that the property would generate. Then, he discounts the cash flow into a lump sum value amount. Let us say $450,000. If the home owner sells less than $450,000, the home buyer considers in purchasing the property.Investment ValueIt is the amount that the investor would pay to acquire the property. The Investment Value may be higher or lower than the fair Market value.Insurable ValueThe Insurance Policy covers the value of the property which is the Insurable Value.Subject PropertyIt is the property which the appraiser evaluates or analyzes. The Appraiser analyzes the location, ameniti
    By: All of Real Estate
     
    Design our residential with lighting
    2007-11-22 07:04:14
    When evening or night I pass my faculty, something special was felt, beautiful looking. It’s very different if sunny day. In the evening, the building, park and all of its design and the most... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
    By: Writing
     
    2007 3rd Quarter North Georgia Mountain Residential Market Reports
    2007-11-22 00:01:46
    Here on The Front Porch View I want to be able to provide you with all of the information that you need to make a very good and well educated decision when buying or selling North Georgia Mountain Property. If I have not included a North Georgia Mountain county that you would like to know more about and [...]
    By: The Front Porch View
     
    Sharp Residential Announces Lakestone in Woodstock
    2007-11-13 16:49:52
    Sharp Residential is now accepting pre-sales in it’s newest development off Hwy 92 in Woodstock.  I have been watching this project develop from my office window for months now and it’s good to see things are progressing.  LakeStone is located directly behind Weatherstone Office Park (home of Maxsell Real Estate) and I had first-hand account [...]
    By: Maxsell Real Estate
     
    Why residential Realtors support the FairTax
    2007-10-05 14:27:00
    by Harvey Abernethy, Realtor® (This article can be accessed for printing HERE.)The FairTax plan has many positive features, not the least of which are the advantages that accrue to real estate ownership. The FairTax plan allows homeowners to: • Pay an entire house payment, both principal and interest, with "pre-tax" dollars, a major improvement over the paltry home-interest tax deduction, which only pays interest with pre-income tax/post-payroll tax dollars.• Get this benefit without itemizing deductions, which only a small percentage of homeowners do today.• Save for down payments much faster, without the penalty of taxation.• Reduce interest rates even lower than they are today. The current system punishes those who would own property. The federal income tax is unfair, complex, and riddled with loopholes. Even worse, itpunishes work, savings, investment, and productivity. It contributes to high interest ratesand a lack of savings among the American people. But now, fundamental tax reform isseriously being discussed in Washington. The most innovative proposal is HR 25, called the Fair Tax Act. The FairTax is revenue-neutral legislation, repealing and replacing the following with a progressive retail sales tax: • The individual income tax (including capital gains and alternative minimum taxes)• The estate and gift tax• The corporate income tax• All payroll taxes including the Social Security, Medicare, and self-employment taxesThis single-rate sales tax is calculated to raise the same amount of money raised by the current system (revenue neutral). This proposal does not seek to raise or lower taxes but just to change the collection system. The change in the collection system provides the least expensive, least intrusive, most efficient way of raising the same amount of money, which removes significant friction from the American economy. A 30-percent1 federal sales tax is imposed on all retail sales of goods and services. Used goods are not taxed, including pre-owned homes. American exports do not have tax costs embedded in their prices. Businesses-to-business transactions are not taxed, therefore no commercial real estate transactions are taxed. The sales tax is separately stated and charged. Social Security and Medicare benefits are fully funded and secure, with funds raised from a broad-based, progressive sales tax, rather than a narrow, regressive payroll tax. States can elect to collect the federal sales tax on behalf of the federal government. Strong taxpayer rights provisions are incorporated into the act. The burden of proof in disputes is on the government. Because of these features, the FairTax (a) makes all federal taxes visible, (b) untaxes the poor, (c) raises only the same amount of money as the current system does, and (d) untaxes savings and investments. In other words, it only taxes spending, not income. Not only is this plan a fantastic benefit to individual Americans, it particularly benefits the real estate industry, both commercial and residential. The FairTax supercharges the mortgage interest "deduction." Under an income tax, the mortgage interest deduction is half a loaf. It allows home mortgage interest payments to be made with pre-income tax dollars. But mortgage interest payments must still be made with money that has already been payroll-taxed (the payroll tax comprises the most significant taxes first time homeowners pay). Under the FairTax, mortgage interest and principal payments are simply not taxed, so the entire payment is made with both pre-income and pre-payroll tax dollars. Individuals are able to save for the purchase of a home much faster, which increases and accelerates the volume of home sales. Today, buyers seeking to buy a new home or to step up to a larger or second home are taxed on their savings, reducing them. No wonder our savings rates are so low. Under the FairTax, savings and investment are not taxed, allowing buyers to save the down payment in about half the time (nothing is deducted from their paychecks). As a result, a chain effect takes place: Accumulation of down payments is easier and faster, existing owners are able to sell their homes faster and more new home sales take place. Realtors make more money faster since there are more qualified buyers faster. Mortgage interest rates fall. Today, mortgage interest rates are artificially inflated because they include a tax premium, which is the amount lenders pay in taxes on the income they receive. Because lenders don’t pay taxes on income under the FairTax, it is as if every homeowner is entitled to finance with a tax-free municipal bond. Home mortgage interest rates fall by 25 to 30 percent (i.e., about two points on a 30-year conventional mortgage). Real interest rates also stay low because the supply of capital for borrowing increases. With lower interest payments, everyone wins – especially homebuyers, sellers, and Realtors. The FairTax makes housing more affordable by repealing upstream taxes. Like other businesses, homebuilders pay corporate taxes, significant compliance costs, and payroll taxes, not only directly, but also in the form of upstream producer price increases that are included in their material and labor costs. Under the FairTax, these upstream costs are eliminated. Under the FairTax, principal payments are still sales taxed (as they are today, since the income earned to pay for that principal is taxed) but new home sales prices fall as a result of the removal of upstream tax costs. A home buyer can earn less to buy the same home. Considering the fact that a consumption tax taxes purchases, but the income and payrolltaxes take the money before we purchase, the proper comparison question between thetwo methods is simply this: How much money would a purchaser have to make to payfor the home? Since the FairTax lowers marginal rates, homebuyers face lower after-tax costs of their principal payments. A far simpler, fairer system for Realtors Under the FairTax, no sales tax is collected or paid in commercial transactions, so commercial Realtors are essentially removed from the tax system completely. There is no longer any record keeping for income taxes, payroll taxes, or any other such items. All Realtors earn their commissions and put 100 percent of that money in their pockets. The FairTax ensures no American pays this tax on necessities. Because there are no exemptions or exclusions from the FairTax, it provides every family with a rebate of the sales tax on spending up to the federal poverty income level (about $25,660 for a family of four). The rebate is paid monthly in advance. In this way, no individual or family pays tax on essential goods and services and middle-class families are effectively exempted on a large part of their annual spending. The poor and those on fixed incomes pay no tax whatsoever – hidden or obvious – up to the poverty level. Get the FairTax residential real estate affordability calculator and worksheets. FairTax.org provides both an automatic calculator, to compare the amounts homeowners can spend on homes under the current and FairTax systems, as well as worksheets for doing these calculations with pencil and calculator. To obtain these, please send an e-mail to info@fairtax.org and put "Need auto calculator" in the subject line. 1 This issue is often confusing, so we explain more here.When income tax rates are quoted, economists call that a tax-inclusive quote: "I paid 23 percent last year." For every $100 earned, $23 went to Uncle Sam. Or, "I had to make $130 to have $100 to spend." That’s a 23-percent tax-inclusive rate. We choose to compare the FairTax to income taxes, quoting the rate the same way, because the FairTax replaces such taxes. That rate is 23 percent. Sales taxes, on the other hand, are generally quoted tax exclusive: "I bought a $77 shirt and had to pay that same $23 in sales tax." This is a 30-percent sales tax. Or, "I spent a dollar, 77¢ for the product and 23¢ in tax." This rate, when programmed into a point-of-purchase terminal, is 30 percent. Note that no matter which way it is quoted, the amount of tax is the same. Under an income tax rate of 23 percent, you have to earn $130 to spend $100. Spend that same $100 under a sales tax, you pay that same tax of $30, and the rate is quoted as 30 percent.
    By: Cherokee County GA Real Estate
     
    Las Vegas home and condo market condition past, present and future. What happened to Las Vegas residential real estate 2003-2005 (part one)
    2007-08-31 04:08:16
    Las Vegas real estate began to heat up towards the summer of 2002 and really heated up by Feb-2003. During the summer of 2003 new home sales staff would not even let the customers in the sales office. Every time a new home builder announced the opening of a new home sub-division there would be lines formed up to 5 days before grand opening and those who made it to the sales office had to win a lottery for privilege of buying from the builder. Most Las Vegas sales offices had huge waiting lists, and buyers were told they had to wait for more than a year before their turn comes up. The situation got so bad that Pulte raised the price for one their projects in Summerlin by about $200K from high $400,000 to high $600K over a weekend and only 8 buyers dropped out. One has to note that neither fundamentals of economy nor real estate would support such price increases. Las Vegas real estate in 2001-2002 was downright undervalued, and whoever bought at that time will not lose money in any mark
    By: Las Vegas, Nevada Real Estate Agent’s Blog
     
    Las Vegas home and condo market condition past, present and future. What happened to Las Vegas residential real estate 2003-2005
    2007-08-30 19:59:32
    Las Vegas real estate began to heat up towards the summer of 2002 and really heated up by Feb-2003. During the summer of 2003 new home sales staff would not even let the customers in the sales office. Every time a new home builder announced the opening of a new home sub-division there would be [...]
    By: Las Vegas, Nevada Real Estate Agent’s Blog
     
    TALAY VILLAS RESORT AND RESIDENTIAL ESTATE CLARIFICATION
    2007-08-29 19:23:00
    The View Talay Villas Holiday Resort in Pattaya, which cheated me & my friend by sending emails in black & white saying offerring us a complimentary staying for a week. "The fact is there are 198 villas in the View Talay Villas Estate. Seven of these villas are owned and controlled independently by a Time Share company known as View Talay Villas Holiday Resort. This is the company your reader has complained about. Our company has nothing to do with this business, or Mr Ross Gould." Mr. Rob Astbury, Sales Manager
    By: Thailand Real Estate News
     
    Agents Report a Buoyant UK Residential Letting Market
    2007-07-14 21:49:20
    Affordability issues have and still do contribute to the strong home rental conditions that we are seeing are the moment. According to the latest figures released by the National Association of Estate Agents, demand for rental property continues.  The increase in Eastern European immigration, good employement conditions and the demand from those who cannot afford to buy [...]
    By: Less2sell Onlilne Estate Agent Blog
     
    Massachusetts residential real estate has become a game of survival
    2007-07-11 00:38:00
    "Agents who have gotten into the business (recently) have never seen anything like this market now," Rosseland said, noting there's been a 30 to 40 percent decrease in the number of agents versus two years ago in some places. Particularly hard hit, according to Rosseland, are newer agents. Peter Certo, manager at Keller Williams Realty in Worcester, said the median wage for agents is being held back by agents who fail to adapt to the current residential market or who aren't being pushed to produce. Instead, some of those agents find themselves competing with, or ignored by, independent brokers who are selling just to keep the office doors open, Certo said.
    By: Boston real estate news
     
    Forest Hill home with two wine cellars may be most expensive piece of toronto residential property
    2007-07-10 23:41:00
    In what is believed to be a record selling price for a residential property in Toronto, an opulent Forest Hill mansion has been purchased for $15.8 million.The 16,000 square foot Dunvegan Rd. home has eight bedrooms, 13 washrooms and an indoor six-car garage. The sale of the home in one of the city's toniest neighbourhoods demonstrates the strength of the luxury home market in Toronto, fuelled by stellar returns on Bay Street as the Toronto Stock Exchange hits record levels.
    By: Canada Real Estate News
     
    The Katz family is the owner of two prize residential apartment houses on Park Avenue
    2007-07-07 01:17:00
    The tightening of underwriting standards and of the availability of capital seems not to have affected sales of residential apartment buildings across the five boroughs, as some had feared.
    By: NY real estate news
     
    Developers await verdict on planned residential units
    2007-07-02 19:06:06
    Key zoning report will outline impact on city’s eastern areas by Robert Selna, Chronicle Staff Writer Scores of developers with residential projects pending on San Francisco’s east side will learn more this week about whether they will someday be allowed to build thousands of new apartments and condominiums. More than a year after the Board of Supervisors and planning officials put an abrupt halt to the development plans, the city cleared for release on Saturday a draft report examining how zoning changes across 2,200 acres in four South of Market neighborhoods could affect the traffic, noise, pollution, jobs and housing supply in the area. Together, the neighborhoods — the Mission, Showplace Square/Potrero Hill, East SoMa and Central Waterfront — represent much of the heart of San Francisco’s industrial past but also opportunities for new construction of market-rate and affordably priced condominiums and apartments. And the 600-page draft Eastern Neigh
    By: San Francisco New Developments
     
    The Palms: Best Residential Market Rate
    2007-06-25 19:04:42
    By Amanda Bishop San Francisco Times Contributor In one deal, developer Joe Cassidy created housing for both the wealthiest and poorest of San Franciscans. The developments: 300 Luxury condominiums called the Palms and 56 below-market apartments on Brannan Street that were not part of the original plan. Cassidy acquired vacant land at 555 Fourth Street in 2004 and planned to build 172 live-work lofts. He changes his strategy during a conversation with Randy Shaw, director of Tenderloin Housing Clinic, a non-profit that provides legal services to low income tenants. “I said to Joe, ‘why don’t you build more (market-rate) units and provide off-site affordable housing?” it would be win-win for everyone,” Shaw said. As is typical of new residential construction in the city, the original live-work scheme met resistance from neighbors, who wanted more affordable housing. At the time, regulations did not require developers to include affordable housing when buil
    By: San Francisco New Developments
     
    The downturn in the residential real estate market is over in Manatee County
    2007-05-18 10:04:40
    An article in today's Herald Tribune confirmed what I have been arguing for the last few months. Things ARE getting better in Manatee County!! I have been saying these very same words to everyone that asks me for the past several months. I started taking note of the MLS activity every day starting on January 1 of this year and the numbers don't lie! Things have slowly been getting better. "Hank
    By: Hillsborough & Manatee County Real Estate
     
    I have several small residential investment properties which are professionally managed. Should my property manager be available to take my calls?
    2006-06-12 14:18:50
    You have posed very good questions. The answer lies in understanding, 1.) What you want from your manager; 2.) What you should expect from your manager, and; 3.) What you are getting from your manager. Small properties have difficulty attracting quality professional management. Typically, top management companies will not manage properties with less than 100 units because they are not economical to manage. Now, to your questions: What should you do to reach your property manager? I suggest you use standard means. When you call her office and she is "out in the field", she's probably inspecting properties. So, you should leave her a message. Don't pretend you have an emergency at 8 or 9 p.m., just leave a message.
    By: Ask the CPM - Property Management Questions
     
    Residential Waterfront Properties new development Théoule
    0000-00-00 00:00:00
      Main Details Reference ID:   791 Title:   Residential Waterfront Properties new development Théoule Price:   € 1,185,000 Status:   For Sale Extra Details Full Image URLs:   |Image-1||Image-2||Image-3||Image-4||Image-5||Image-6| Heating:   Rev. climate control Habitable Size:   100 Floors:   0 Beach   Miramar
    By: South France Real Estate
     
    Property - Residential
    0000-00-00 00:00:00
    Further insights to the URA’s 1Q flash estimates According to flash estimates released by the Urban Redevelopment Authority (URA) recently, private home prices rose from 130.2 points in 4Q06 to 136.2 points in 1Q07, an increase of 4.6% qoq. Further to this, we did a more detailed analysis of the underlying price trends using available market information. Our analysis reveals the following:   High-end residential market outperforms the mass market. The price index for the core Central region, which is a proxy for the high-end residential market outperformed the mass market from 1Q04 level by a margin of 23.9%   Foreign interest and designer homes drive high-end residential sector. High levels of foreign interest and the growing affluence of Singaporeans are key catalysts for the high-end residential market. We are also seeing a growing trend of designer condominiums created by world class architects, which is supportive of record high prices seen in some of the latest t
    By: Singapore Stocks Update
     
    5 bedroom villa in quiet residential area of Bouc Bel Air
    0000-00-00 00:00:00
      Main Details Reference ID:   1113 Title:   5 bedroom villa in quiet residential area of Bouc Bel Air Price:   € 508,800 Status:   For Sale Extra Details Full Image URLs:   |Image-1||Image-2||Image-3||Image-4||Image-5||Image-6||Image-7||Image-8||Image-9||Image-10| Heating:   Electric Habitable Size:   154 Floors:   2 Beach   Marseille 25 km Type:   Residential Department   Bouches du Rhone Beds   5 state   Not Available zip   13320 Description   5 bedroom villa, with a little tlc this villa near the international schools and minutes to Aix en Provence is located on a cul de sac and has a wonderful country feel. The entry hall opens onto the living room with fireplace and a large enclosed terrace area with dining area and summer kitchen. The terrace opens up on to the landscaped back garden. It is flat and pool possible with forage for water year around. The bedrooms on the ground floor are small but it would be easy to open up the rooms and create 2 large bedrooms b
    By: South France Real Estate
     
     
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