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Mortgage Refinance Applications Up as Rates Continue to Decline

Mortgage Refinance Applications Up as Rates Continue to Decline

The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending June 25, 2010. The Market Composite Index, a measure of mortgage loan application volume, increased 8.8 percent on a seasonally adjusted basis from one week earlier. Read More

 
Hamptons' Real Estate Forum Spotlights Owners Associations in Dubai

Hamptons' Real Estate Forum Spotlights Owners Associations in Dubai

(DUBAI, UAE) -- Home owners in Dubai learned about their rights under new rules at a real estate forum organized by Hamptons International for members of the British Business Group (BBG). Read More

 
Russian Spies Had U.S. Real Estate Connections

Russian Spies Had U.S. Real Estate Connections

This is a tale of The Gang That Couldn't Shoot Straight. They couldn't shoot straight because nobody so far has found anything they stole. Read More

 
Judging Current Affairs Programs for International Emmys

Judging Current Affairs Programs for International Emmys

(ABU DHABI, UAE) -- On June 28 I spent eight hours in a conference room watching current affairs TV programs from five countries as a judge during the semi final round of the International Emmys. Back home in the US,... Read More

 
Is There a Bottom in Sight for Commercial Real Estate?

Is There a Bottom in Sight for Commercial Real Estate?

In the last 18 months, the commercial real estate market has seriously deteriorated. Yet many analysts are hopeful that the worst is over and that pressure on property owners will begin to ease. Let's take an in-depth look at whether their optimism is justified. Read More

 
Vietnam Project's Brisk Sales Surprise Developer

Vietnam Project's Brisk Sales Surprise Developer

Soon after VinaCapital Real Estate launched the Danang Beach Resort in 2007, the sales results forced the developers to rewrite the business plan. Read More

 
Foreclosed Homes Account for 31% of First-Quarter Sales, RealtyTrac Finds

Foreclosed Homes Account for 31% of First-Quarter Sales, RealtyTrac Finds

Buyers took advantage of the foreclosed-home market in the first quarter, racking up 31% of all sales ... Read More

 
Faith Hill and Tim McGraw Now Singing 'Sold!'

Faith Hill and Tim McGraw Now Singing 'Sold!'

Country music superstars Faith Hill and Tim McGraw have sold their Beverly Hills Post Office spread for $9.5 million. Read More

 
Lack of Credit Extension by June 30th Would Dash Hopes of Home Buyers in All 50 States

Lack of Credit Extension by June 30th Would Dash Hopes of Home Buyers in All 50 States

(WASHINGTON, DC) -- Up to 180,000 home buyers will lose their tax credit through no fault of their own ... Read More

 
Prince Charles at Heart of London Property Soap Opera

Prince Charles at Heart of London Property Soap Opera

A London court has ruled that Qatar's sovereign wealth fund acted improperly when it withdrew support for a controversial Chelsea project after complaints from Prince Charles. Read More

 
Number of Global Millionaires on the Rise, Again

Number of Global Millionaires on the Rise, Again

Of the myriad of annual studies measuring everything from home buying habits to the favorite ice cream of billionaires, the Merrill Lynch/CapGemini World Wealth Report is one of my favorites. Read More

 
'Flipping is Dead', Says New Panama Property Report

'Flipping is Dead', Says New Panama Property Report

A new report doesn't mince words about the state of the residential investment market in Panama. "Flipping is dead," concludes the analysis by Alternative Latin Investor. Read More

 
Fort Lauderdale Condo Inventory Surged Over 66% during Last Decade

Fort Lauderdale Condo Inventory Surged Over 66% during Last Decade

According to Condo Vultures, nearly 5,100 new condominium units were added in Fort Lauderdale's Downtown and Beach neighborhoods during the last real estate boom, increasing the existing inventory by 66 percent in less than a decade. Read More

 
Independent Mortgage Bankers Profits Up in 2009, Says New MBA Report

Independent Mortgage Bankers Profits Up in 2009, Says New MBA Report

According to the Mortgage Bankers Association (MBA)'s Annual 2009 Mortgage Bankers Production Survey released today, independent mortgage bankers and subsidiaries made an average profit of $1,135 on each loan ... Read More

 
STR Global Reports Worldwide Hotel Performance for May 2010

STR Global Reports Worldwide Hotel Performance for May 2010

According to data compiled by STR and STR Global, the Americas region recorded positive results in the three key performance metrics when reported in U.S. dollars for May 2010. Read More

 
'Sustainable' Housing Price Recovery Not Shown in April Case/Schiller Home Price Index

'Sustainable' Housing Price Recovery Not Shown in April Case/Schiller Home Price Index

According to the latest S&P/Case-Shiller Home Price Index, the annual growth rates of all 20 MSAs and the 10- and 20-City Composites improved in April ... Read More

 
Saudi Arabia and UAE Lead in $119.6 Billion GCC Infrastructure Projects

Saudi Arabia and UAE Lead in $119.6 Billion GCC Infrastructure Projects

(ABU DHABI, UAE) -- A recent study by research company Business Monitor International, finds that GCC countries will invest more than $119.6 billion in infrastructure projects over the next ten years, with 90 percent of the money going to rail projects. Read More

 
Orlando Builders Buying Up Bargain-Priced Lots for Projected Home Buying Revival

Orlando Builders Buying Up Bargain-Priced Lots for Projected Home Buying Revival

(ORLANDO, FL) -- Do the housing numbers lie in metro Orlando, one of the worst foreclosure-laden and mortgage-stricken markets in the U.S.? Read More

 
Jumeirah Lake Towers Completes First Three Towers

Jumeirah Lake Towers Completes First Three Towers

(DUBAI, UAE) -- Jumeirah Lake Towers (JLT) is an enormous free trade zone in Dubai that will eventually include 87 towers grouped in 26 so-called clusters. Over the weekend, the first cluster, designated Cluster S, was handed over. Read More

 
Aldar Takes ADNIC as First Sub-Developer for Al Raha Beach Project

Aldar Takes ADNIC as First Sub-Developer for Al Raha Beach Project

(ABU DHABI, UAE) -- The Abu Dhabi National Insurance Company (ADNIC) is Aldar's first sub-developer in Al Raha Beach, a huge waterfront project with commercial, retail, hospitality, and residential units. Read More

 
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