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Another Spin for Judy Garland's Place

Posted by Lauren Beale 05/18/12 9:30 AM EST

Judy Garland's former Bel-Air home Her Kansas home in "The Wizard of Oz" flew through the air. Now a Bel-Air house that was home to a young Judy Garland has flipped, selling for the second time since last year for... Read More
Q & A with Dottie Herman

Posted by Dottie Herman 05/18/12 9:00 AM EST

Dottie Herman Q1 - I am retired and only receive social security and monthly withdrawals from my pension. What will I need to provide when applying for a mortgage?A - You will have to provide your Social Security Award letter... Read More
Starwood Debuts New Aloft Hotels in Toronto

Posted by Scott Kauffman 05/18/12 8:30 AM EST

Silver Hotel Group, recently announced the debut of its new destination sensation brand, Aloft Hotels, in the Greater Toronto Area with the opening of Aloft Vaughan Mills. Located in Vaughan, the hotel is the second Aloft hotel in Canada, joining the Aloft Montreal Airport that opened as the world's first in 2008. Aloft is the sizzling "style-at-a-steal" brand from Starwood Hotels & Resorts Worldwide that's rocked the hotel industry. Read More
Adler Group, ECI Group Announce Two New Luxury Rental Towers Along Miami's Biscayne Bay

Posted by Michael Gerrity 05/18/12 8:15 AM EST

(Miami, FL) -- This past week a new multifamily project by Miami-based Adler Group and Atlanta-based ECI Group was announce to meet rising demand for rental housing in South Florida. Adler and ECI have made plans to develop two luxury 20-story apartment towers overlooking Biscayne Bay on a 2.84 acre site located at 7950 NE Bayshore Court. Groundbreaking is scheduled for later this year and the development timeline is expected to last 24 months. Read More

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(Orlando, FL) - Unrivaled Italian Wood Artisanship Executive Home Orlando/Heathrow unique estate home. Italian French artisanship w/ custom woodcarvings. Va… Read More
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(Riyadh, Saudi Arabia) - Vertropolis - City in the Sky Like a bouquet of colorful flowers blossoming among the desert dunes, the three towers of … Read More
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(Beijing, China) - Dragon Spring Resort It looks like a luxury mountain resort, featuring elegant guest suites, lush gardens and w… Read More

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Opinion Editorial

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Design is Preventive Medicine...
Help Me Dottie

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Q & A with Dottie Herman
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Another Spin for Judy Garland's ...
Luxury Living

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Commercial, Multifamily Mortgage Loan... »

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REAL ESTATE DASHBOARD

U.S. Mortgage Rates	Current Rate	Last Week
30 yr. Fixed	3.73%	3.78%
15 yr. Fixed	3.03%	3.03%
5/1 ARM	2.68%	2.69%

Source: Bankrate.com

U.S. Housing Stats	Mar. 2012	Feb. 2012
Existing Home Sales (Annualized Rate)	4.48m	4.60m
Existing Home Prices (Median)	$163,800	$156,600
Existing Home Inventory (all U.S.)	2.37m	2.43m
Existing Home Supply (Months)	6.3	6.4
New Home Sales (Annualized Rate)	328,000	353,000
New Home Prices (Median)	$234,500	$233,700
New Home Inventory (all U.S.)	144,000	150,000
New Home Supply (Months)	5.3	5.8
Building Permits (Single Family)	405,000	383,000
Housing Starts (Single Family)	422,000	392,000
Housing Completions (Single Family)	374,000	481,000
Pending Home Sales Index (PHSI)	101.4	97.4
Home Builder Confidence Index (HMI)	28	28

Source: NAR & U.S. Commerce Department

U.S. Foreclosure Stats	Mar. 2012	Feb. 2012
Residential Filings	198,853	206,900
Year Over Year % Change	17%	8%

Source: RealtyTrac

Global Regions Home Price Index (Q4, 2011)

Region	Annual Price Change	Last Quarterly Change
Asia Pacific	6.94%	0.20%
Europe	-0.53%	-0.14%
Latin America	7.62%	2.56%
Middle East / Africa	2.30%	-0.74%
North America	0.04%	1.31%

Source: Knight Frank

50 Country Home Price Index (4Q, 2011)

Country	Annual Price Change	Quarterly Change
1. Brazil	26.3%	4.2%
2. Estonia	12.3%	1.3%
3. Hong Kong	11.3%	-2.4%
4. India	11.1%	3.3%
5. Slovenia	10.1%	-0.9%
6. Iceland	8.1%	2.7%
7. Norway	8.0%	-0.4%
8. Turkey	7.7%	2.4%
9. Malaysia	6.6%	-1.3%
10. Canada	6.5%	2.2%
11. Switzerland	5.5%	3.2%
12. Germany	5.4%	2.7%
13. Austria	5.1%	4.1%
14. Indonesia	5.1%	1.2%
15. Singapore	4.6%	0.3%
16. Luxembourg	4.4%	2.3%
17. France	4.3%	-0.6%
18. Belgium	4.2%	0.3%
19. South Africa	3.6%	-1.0%
20. Colombia	3.2%	2.8%
21. New Zealand	3.1%	0.7%
22. Morocco	2.9%	-0.5%
23. Lithuania	2.6%	-2.6%
24. Malta	1.8%	3.4%
25. United Kingdom	1.1%	-1.1%
26. Dubai, UAE	0.5%	2.3%
27. Croatia	0.2%	0.2%
28. Finland	-0.4%	-1.4%
29. Israel	-1.2%	-1.8%
30. Hungary	-1.4%	-1.0%
31. China	-2.1%	-4.3%
32. Italy	-2.3%	-0.7%
33. Slovak Republic	-2.7%	-1.0%
34. Sweden	-2.8%	-3.3%
35. Japan	-3.2%	-0.8%
36. Netherlands	-3.3%	-1.7%
37. United States	-3.7%	-1.4%
38. Taiwan	-4.1%	1.8%
39. Latvia	-4.3%	-0.2%
40. Australia	-4.8%	-1.0%
41.Denmark	-5.0%	-5.3%
42. Portugal	-5.1%	-2.8%
43. Chech Republic	-5.2%	-0.9%
44. Greece	-5.9%	-2.8%
45. Bulgaria	-6.2%	-1.5%
46. Poland	-6.6%	-0.9%
47. Jersey	-6.8%	-1.6%
48. Spain	-6.8%	-1.8%
49. Ukraine	-7.0%	0.3%
50. Russia	-9.3%	1.8%

Source: Knight Frank

U.S. Office Market	Current Qtr. (Q1 - 12)	Prior Qtr. (Q4 - 11)
Inventory (sf in 1000s)	3,588,409	3,586,962
Completions (sf in 1000s)	1,447	1,948
Absorption (sf in 1000s)	-802	9.067
Vacancy Rate	16.0%	16.0%
Net Asking Rent ($ per sf)	25.31	24.90

Source: CBRE Econometric Advisors

U.S. Industrial Market	Current Qtr. (Q1 - 12)	Prior Qtr. (Q4 - 11)
Inventory (sf in 1000s)	12,800,163	12,794,671
Completions (sf in 1000s)	5,492	10,666
Absorption (sf in 1000s)	24,951	27,118
Vacancy Rate	13.4%	13.6%
Net Asking Rent ($ per sf)	5.40	5.39

Source: CBRE Econometric Advisors

U.S. Retail Market	Current Qtr. (Q1 - 12)	Prior Qtr. (Q4 - 11)
Inventory (sf in 1000s)	2,761,528	2,760,503
Completions (sf in 1000s)	1,025	2,691
Absorption (sf in 1000s)	1,019	3,498
Vacancy Rate	13.1%	13.1%
Net Asking Rent ($ per sf)	18.71	18.80

Source: CBRE Econometric Advisors

U.S. Multifamily Market	Current Qtr. (Q1 - 12)	Prior Qtr. (Q4 - 11)
Rentable Inventory (units)	14,463,298	14,448,522
Rentable Completions (units)	14,776	14,547
Absorption (units)	34,977	-15,730
Vacancy Rate	5.1%	5.2%
Same-Store Rent Index ($/unit)	$1,275.86	$1,261.12

Source: CBRE Econometric Advisors

U.S. Hotels (Feb. 2012)	Occupany Rates	Avg. Daily Rates (USD)
Luxury	71.3%	$270.81
Upper Upscale	68.2%	$151.14
Upscale	68.6%	$113.85
Upper Midscale	57.6%	$92.92
Midscale	49.4%	$70.79
Economy	50.4%	$48.71
Independents	54.1%	$102.25
TOTAL U.S.	57.4%	$103.18

Source: STR

International Hotels (By Region, Feb. 2012)	Occupany Rates	Avg. Daily Rates (USD)
Americas	57.7%	$106.53
Asia/Pacific	66.5%	$145.92
Europe	58.0%	$129.32
Middle East/Africa	62.6%	$172.01

Source: STR Global

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