MAIN PAGE | ARCHIVED STORIES | February 2010

Page
Scarlett Johansson Lists Her 1931 Villa

Scarlett Johansson Lists Her 1931 Villa

Scarlett Johansson (LOS ANGELES, CA) -- Blond bombshell turned Black Widow Scarlett Johansson, who will take over the role of Natasha Romanoff in the superhero film sequel "Iron Man 2" due out in May, has listed her walled and... Read More

 
Florida Home Sales Jump 24% in January, Condo Sales Explode 81% Year over Year

Florida Home Sales Jump 24% in January, Condo Sales Explode 81% Year over Year

(ORLANDO, FL) -- According to the latest housing data released by the Florida Association of Realtors (FAR), Florida's existing home sales rose in January, marking 17 months that sales activity has increased in the year-to-year comparison.Existing home sales increased 24... Read More

 
California Governor Selling 24 Office Buildings, Largest Deal of its Kind in Decades

California Governor Selling 24 Office Buildings, Largest Deal of its Kind in Decades

(LOS ANGELES, CA) -- In the largest deal of its kind in decades, California is selling 24 state-owned office buildings totaling about 7.3 million square feet ... Read More

 
New Saudi Stock Exchange to be Sustainable Building

New Saudi Stock Exchange to be Sustainable Building

Dr. Fahd Al-Mubarak with Mitsuo Nakamura (DUBAI, UAE) --  A Japanese design and engineering company with an office in Dubai is building the new headquarters of the Saudi Stock Exchange, Tadawul in Arabic. At a cost of $27 million, Tadawul... Read More

 
Existing-Home Sales Down in January but Higher than a Year Ago; Prices Steady

Existing-Home Sales Down in January but Higher than a Year Ago; Prices Steady

(WASHINGTON, DC) -- Existing-home sales fell in January but are above year-ago levels, according to the National Association of Realtors. Existing-home sales - including single-family, townhomes, condominiums and co-ops ... Read More

 
3 Treasure Island Condos in Florida Sold for $666,666 Each

3 Treasure Island Condos in Florida Sold for $666,666 Each

Nat Bargainer (TREASURE ISLAND, FL) -- Three 2,650-square-foot Treasure Island condominiums, once listed in the millions, have been sold for a total $1.995 million or $666,666 each, equating to about $755 per square foot.The buyers are Tampa, FL area residents... Read More

 
Q & A with Dottie Herman

Q & A with Dottie Herman

Dottie Herman Q1 - How would I go about taking equity in my home? There are some improvements I want to make but I have only lived in the house for a few months? Do I have to live here... Read More

 
CONDO MARKET ROUNDUP

CONDO MARKET ROUNDUP

(AUSTIN, TX) -- Vito Rotunno, owner of Austin, TX-based Starfish Capital Advisors Inc., is in the middle of a $12.4 million Chapter 11 bankruptcy court battle. Picked by creditors to salvage their claims against an out-of-state owner of two prime condominium sites, Read More

 
Are Brighter Travel Days Ahead?

Are Brighter Travel Days Ahead?

(ORLANDO, FL) -- It's safe to say that just about every travel service enterprise is eager to hear some good news about what is likely to happen to demand in the months ahead. And the results of our February travelhorizons... Read More

 
67% of California Sellers Sold Their Homes Due to Inability to Pay Mortgages, Says C.A.R.

67% of California Sellers Sold Their Homes Due to Inability to Pay Mortgages, Says C.A.R.

(LOS ANGELES, CA) -- Changes in family and employment status as well as adjustments to monthly mortgage obligations played significant roles in California's homeowners' decisions to sell their homes in 2009, according to the California Association of Realtors' (C.A.R.) Read More

 
FHFA Reports House Prices Fell Modestly in Q4, 2009

FHFA Reports House Prices Fell Modestly in Q4, 2009

(WASHINGTON, DC) -- According to the Federal Housing Finance Agency's (FHFA) purchase-only house price index (HPI), U.S. house prices fell slightly in the fourth quarter of 2009.HPI was calculated by using home sales price information from Fannie Mae and Freddie... Read More

 
Mortgage Rates on the Rise Again, Over 5% This Week

Mortgage Rates on the Rise Again, Over 5% This Week

(MCLEAN, VA) -- According to Freddie Mac's (NYSE:FRE) newly released Primary Mortgage Market Survey (PMMS), 30-year fixed-rate mortgages (FRM) averaged 5.05 percent with an average 0.7 point for the week ending February 25, 2010. Read More

 
Million-Dollar Homes Sales in Northern California Drop in January as Median Prices Rise

Million-Dollar Homes Sales in Northern California Drop in January as Median Prices Rise

Rick Turley (SAN JOSE, CA) -- Northern California communities don't have enough luxury shelter to sell and that is causing a drop in sales, even as median prices rise, reports Coldwell Banker Residential Brokerage.DataQuick, the La Jolla-based research firm,... Read More

 
Inland Unit Buys Kissimmee, FL Retail Center for $12.4M or $175 Per SF

Inland Unit Buys Kissimmee, FL Retail Center for $12.4M or $175 Per SF

Pleasant Hill Commons shop center, Kissimmee, FL (KISSIMMEE, FL) -- Inland Diversified Real Estate Trust, Inc., part of the Inland Real Estate Group of Companies, Inc. based in Oak Brook, IL, has acquired the two-year-old, 70,642-square-foot Pleasant Hill Commons shopping... Read More

 
California Realtors Press Gov. Schwarzenegger to Extend and Expand $10,000 Home Buyer Tax Credit

California Realtors Press Gov. Schwarzenegger to Extend and Expand $10,000 Home Buyer Tax Credit

(SAN FRANCISCO, CA) -- Going down to the wire, the San Francisco Realtors Association is urging the California State Legislature to extend ... Read More

 
Global Hotel Performance Shows Mixed Results for January 2010

Global Hotel Performance Shows Mixed Results for January 2010

The Americas(LONDON and HENDERSONVILLE, TN) -- According to data compiled by STR and STR Global, the Americas region recorded declines in all three key performance metrics when reported in U.S. dollars for January 2010. In January 2010, the region's occupancy ended... Read More

 
General Growth Properties Plans to Exit Bankruptcy by Splitting Company in Half

General Growth Properties Plans to Exit Bankruptcy by Splitting Company in Half

Here are the plan's highlights:New company would be called General Growth OpportunitiesToronto-Based Brookfield Asset Management Inc. would be largest shareholder.Brookfield kicking in total $2.63 billion.Brookfield pledges to buy 30% of new GGP company's shares at $10 per share for... Read More

 
Job Security Weighing Down New Home Sales, Says NAHB

Job Security Weighing Down New Home Sales, Says NAHB

David Crowe (WASHINGTON, DC) -- The National Association of Home Builders isn't happy with the U.S. Commerce Department's housing report released today announcing that sales of newly built, single-family homes declined 11.2 percent in January to a seasonally adjusted annual... Read More

 
Miami's 67-Story Marquis Residence Tower Signs New Marketing Agreement

Miami's 67-Story Marquis Residence Tower Signs New Marketing Agreement

Marquis photo by Robin Hill (MIAMI, FL) -- ONE Sotheby's International Realty has signed an exclusive marketing and sales agreement with Africa-Israel USA to head up sales and marketing efforts for the 67 floor Marquis Residences tower.The tower is one... Read More

 
Tom Hanks Thinks Bigger

Tom Hanks Thinks Bigger

(LOS ANGELES, CA) - There's "Big," and then there's big. Box office giant Tom Hanks has purchased the 14,500-square-foot Pacific Palisades, Calif., home of veteran producers Kathleen Kennedy and Frank Marshall, according to area real estate sources.The sales price is... Read More

 
Page