Monthly ARCHIVES
December 2009
(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
(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
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
(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
(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
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
(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
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
(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
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
(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 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
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
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
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
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
(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
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
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
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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