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AULD LANG SIGNS?

AULD LANG SIGNS?

(ORLANDO, FL) -- The arrival of the New Year brings renewed hope that market conditions will improve and the travel industry will begin to show meaningful signs of recovery. There are some anecdotal indicators this is likely to happen, but... Read More

 
STR Reports Global Hotel Performance Results for November

STR Reports Global Hotel Performance Results for November

(LONDON, UK) -- According to STR Global, the Americas region recorded declines in all three key performance metrics when reported in U.S. dollars for November 2009. In year-over-year comparisons, ... Read More

 
Decade Ending With Sluggish Deal Activity but Ernst & Young Sees Capital Markets Picking Up in 2010

Decade Ending With Sluggish Deal Activity but Ernst & Young Sees Capital Markets Picking Up in 2010

For the second half of 2009, deal activity remains sluggish but is showing signs of modest acceleration.Deals continue to get done, but the types of deals that are completed, and the way these deals are financed and executed, has changed... Read More

 
GLOBAL REAL ESTATE ROUNDUP

GLOBAL REAL ESTATE ROUNDUP

(STOCKHOLM, SWEDEN) -- Repeat customers are proving to be valuable assets in a lukewarm construction industry these days, as Skanska USA Building has found out. Read More

 
REITs Return 19.73% in First 11 Months of 2009, Fidelity Reports

REITs Return 19.73% in First 11 Months of 2009, Fidelity Reports

(BOSTON, MA) -- Despite a dark cloud hovering over the commercial real estate scene these days, Boston-based Fidelity Investments advises investors not to count this sector out of the trading arena. Read More

 
Home Buyers Rely on FHA Loans

Home Buyers Rely on FHA Loans

Vicki Cox Golder (WASHINGTON, D.C.) -- According to the most recent Realtors Confidence Index, 39 percent of recent buyers purchased a home with a Federal Housing Administration-insured loan. Realtors who took part in the November survey also reported that the... Read More

 
Home Prices Improving, Says Case-Shiller Home Price Index

Home Prices Improving, Says Case-Shiller Home Price Index

(NEW YORK, NY) -- According to Standard & Poor's S&P/Case-Shiller Home Price Indices released today, the annual rate of decline of the 10-City and 20-City Composites improved compared to last month's reading. This marks approximately nine months of improved readings... Read More

 
Luxury Apartment Sales Hot on Palm Jumeirah

Luxury Apartment Sales Hot on Palm Jumeirah

Oceana interior (DUBAI, U.A.E.) --  Things are different in Dubai real estate these days. Where once buyers bought properties that existed only as renderings and miniature models long before they were actually built, today anyone looking for luxury apartments on... Read More

 
CONDO & APARTMENT MARKET ROUNDUP

CONDO & APARTMENT MARKET ROUNDUP

(SARASOTA, FL) -- Deeply discounted prices have turned Southwest Florida markets into a buying frenzy, according to local brokers. The median price in the Sarasota-Bradenton hub was down 20 percent from a year ago to $141,000 in November. Read More

 
The Latest in Luxury Resort & Real Estate News

The Latest in Luxury Resort & Real Estate News

Ritz-Carlton Destination Club Opens North Lake Tahoe Location(TRUCKEE, CA) -- The Ritz-Carlton Destination Club announced the opening of its newest property Dec. 18 here near luxurious Lake Tahoe. The Ritz-Carlton Club, Lake Tahoe, a ski-in/ski-out mountain retreat, is now... Read More

 
Long-Term Mortgage Rates Now Over 5%, Says Freddie Mac

Long-Term Mortgage Rates Now Over 5%, Says Freddie Mac

(MCLEAN, VA) -- According to Freddie Mac's (NYSE:FRE) newly released Primary Mortgage Market Survey (PMMS) for the week ending December 24, 2009, the 30-year fixed-rate mortgage (FRM) averaged 5.05 percent. This is up from last week when the average long-term... Read More

 
Burj Dubai Ready to Set Records

Burj Dubai Ready to Set Records

Burj Dubai by numbers (DUBAI, U.A.E.) -- No one knows how long the records will last, but with ten days left to the opening of the world's tallest building,  the publicity machine is grinding out the numbers that define Burj... Read More

 
Leading Dubai Developer Calls 2009 a 'Horrible Year' and Looks ahead to 2010

Leading Dubai Developer Calls 2009 a 'Horrible Year' and Looks ahead to 2010

Mohammed Nimer (DUBAI, U.A.E.) -- Now that 2009 is close to becoming history, leading business people are looking back at what happened. That's what Mohammed Nimer, CEO of MAG Group Property Development in Dubai, has been doing using the Latin... Read More

 
DEAL OF THE WEEK

DEAL OF THE WEEK

Juan Dolio Beach, Dominican Republic Billion-Dollar Costa Bianca Resort in Dominican Republic Gets $20M Construction Loan.45 of the 52 multi-million-dollar Villas already sold at pre-construction prices.Golf and Beach Community spans 580 acres along Juan Dolio Beach coastline.Group Metro, the developer,... Read More

 
A Moment with Alex

A Moment with Alex

I don't know about you, but I remain confident the nation's economy, along with the whole real estate industry, will start to turn around in 2010 - even though a barrage of statistics says it won't happen until 2012,... Read More

 
Q & A with Dottie Herman

Q & A with Dottie Herman

Dottie Herman Q1 - My wife and I are looking to buy a home and we have been hearing people talk about a buyer's agent. What exactly is a buyer's agent and what is their role and who pays this... Read More

 
33rd  Bulk Condo Sale Recorded in Miami in Past 18 Months

33rd Bulk Condo Sale Recorded in Miami in Past 18 Months

(MIAMI, FL) -- Bulk condo buyers continue to rule the roost in Miami-Dade County's high-rise shelter market. CondoVultures.com reports a newly created South Florida entity has purchased 20 units in a new Greater Downtown Miami condo tower ... Read More

 
Home Builders Confirm Continued Weakness in U.S. Housing Market

Home Builders Confirm Continued Weakness in U.S. Housing Market

Joe Robson (WASHINGTON, D.C.) -- In a prepared statement released today by the National Association of Home Builders (NAHB), they re-emphasized the continued weakness of the nation's housing market with the decline of 11.3 percent of new home sales in... Read More

 
Historic Times Square Building Gets $267M Infusion for New Broadway Future

Historic Times Square Building Gets $267M Infusion for New Broadway Future

Times Square Building (NEW YORK, NY) -- The largely vacant Times Square Building, one of the best-known commercial sites in the world has been given a new lease on life.The owners, Africa Israel and its subsidiary, AFI USA, have received... Read More

 
Lawrence Welk's Famed Cabo Resort Joins Interval's Property Portfolio

Lawrence Welk's Famed Cabo Resort Joins Interval's Property Portfolio

Welk Resorts Cabo, Sirena del Mar (MIAMI, FL) -- Interval International (Nasdaq:IILG) announced today that Welk Resorts Cabo - Sirena del Mar has joined its vacation exchange network. Overlooking the Sea of Cortez near Cabo San Lucas, Mexico, this... Read More

 
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