George Livingston, chairman emeritus of NAI Realvest in Maitland, FL and a 30-year veteran real estate and investment analyst, says current real estate trends offer mixed signals for the Florida economy. Read More
Boston-based Colliers International is sticking its neck out and predicting retail real estate worldwide will be in a stronger position as the industry approaches mid-year. Read More
(NUSA DUA, Bali) -- Board members of international property associations FIABCI and ICREA are meeting here this week during the FIABCI World Congress to discuss a possible merger, Read More
According to data from Smith Travel Research, the U.S. hotel industry reported mostly positive results in the three key performance measurements during the week of May 22, 2010.In year-over-year measurements, the industry's occupancy increased 4.0 percent to 61.6 percent. Average... Read More
According to the National Association of Home Builders (NAHB), legislation was introduced yesterday by Reps. Brad Miller (D-N.C.) and original co-sponsors Carolyn Maloney (D-N.Y.) and Joe Baca (D-Calif.) that would help alleviate the severe lack of credit for acquisition, ... Read More
(PHOENIX, AZ) - As part of a major redesign in conjunction with its new Camelback Ballroom, Starwood's flagship Phoenician Resort in Scottsdale, Ariz., will be breaking ground on a major enhancement to the Oasis Nine, part of its 27-hole regulation-length golf course. Read More
Dottie Herman Q1 - My daughter is trying to sell her condo in New Jersey - originally she was priced a bit too high, however, she has significantly come down in price, and is now the lowest unit in the... Read More
(LOS ANGELES, CA) - If Anne Rice can sell 100 million copies of her books, she should have no trouble with her residence in Rancho Mirage, Calif., recently listed for $3.3 million. Read More
(ABU DHABI, UAE) - When Sex and the City 2 opens around the world Friday, many viewers may be surprised to see that a lot of it takes place in Abu Dhabi, capital of the United Arab Emirates, Read More
According to Freddie Mac's (NYSE:FRE) latest Primary Mortgage Market Survey (PMMS), the 30-year fixed-rate mortgage (FRM) averaged 4.78 percent with an average 0.7 point for the week ending May 27, 2010. Read More
Riverside Station Apts., Woodbridge, VA. The sale of five-year-old Riverside Station Apartments this week in the Washington, DC suburb of Woodbridge, VA proves again that older multifamily properties hold their value if properly maintained.Cleveland-based Associated Estates Realty Corp. paid Omaha,... Read More
The city authorities of Venice, Italy, a well-known Italian tourism spot, are planning to sell up to 18 buildings, some of which have cultural and historical value, due to the consequences of the recession and falling revenues from tourism. Read More
The Traveler Sentiment Index from our April travelhorizons survey reveals a significant increase in perceived "money available for travel" (82.4 in April 2010, up from 70.3 in April 2009), suggesting that consumers are now more confident about their personal finances... Read More
(DUBAI, UAE) - Another sign of changing times in the UAE today as Emaar Properties PJSC, known for iconic projects like Burj Khalifa and Dubai Mall, is marketing commercial leases in two of its existing developments, ... Read More
This week Freddie Mac (NYSE:FRE) announced that its Conventional Mortgage Home Price Index (CMHPI) Purchase-Only Series for the United States registered a 1.1 percent decline Read More
BP Plc (NYSE: BP) has opened its wallet again and given the state of Florida another $25 million check to spend on tourism advertising over the next two to three months. Read More
It is a hotelier's worst nightmare. Tourists and travelers canceling reservations right and left. Bookings vanishing over night. Occupancy plummeting almost 100% at some lodgings. Read More
A three-horse investment race for the $100 million, under-construction One World Trade Center in Downtown Manhattan just became a two-horse competition. Read More
Kuwait may have a lock on the world's oil and gas reserves, but when it comes to its own real estate industries, the Middle Eastern country needs someone to prime the pump, according to a new analysis released by DTZ, an international real estate advisor. Read More
According to the National Association of Realtors, vacancy rates continue to rise in most commercial sectors and are not expected to level out in most markets until the late 2010 or early 2011. Read More
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