B-class office space outside Toronto's downtown core used to get little respect from buyers and investors. Not anymore, however. Toronto suburban B-class space today is poised for growth as escalating traffic congestion and longer commute times restrict easy access to the city center, Read More
According to a new report from Condo Vultures, lenders have initiated more than 250,000 foreclosure actions - also known as Lis Pendens or notices of default - against properties in the tricounty South Florida region since 2007. Read More
(ORLANDO, FL) -- Three out ten cell phones in use in the United States are now "smart phones" with Internet connectivity. And one of the most intriguing questions facing travel service marketers is how travelers are using these devices to plan, purchase and share information about both destinations and travel service suppliers. Read More
According to Standard & Poor's latest S&P/Case-Shiller Home Price Indices for June 2010, the U.S. National Home Price Index rose 4.4% in the second quarter of 2010, after having fallen 2.8% in the first quarter. Nationally, home prices are 3.6% above their year-earlier levels. Read More
(NEW YORK, NY) -- If you read this column last week, you know that I grew up, got all my education, and started a career in broadcast news in New York. ABC News moved me to London in 1982 and then to Warsaw and Eastern Europe for most of the next 20 years where I stayed after leaving the network in 1990 to run my own company. Read More
Freddie Mac (OTC:FMCC) announced today the results of Conventional Mortgage Home Price Index (CMHPI) that showed that U.S. homes values had a slight increase in the second quarter of 2010. Amy Crews Cutts, Freddie Mac deputy chief economist said, "We saw increases in home values in the second quarter that were very strong across all regions Read More
With investors wary of modern financial markets, an old-fashioned way of buying a second home may be returning to fashion. Read More
Colin Tennant, the debonair London socialite who helped create the Caribbean jet set scene, died last Friday on St. Lucia. Read More
A new investment should jumpstart a luxury project on a secluded cove on the Caribbean island of St. Lucia. Read More
Singapore, Hong Kong and Australia were the strongest performing property markets in the world through the first part of 2010, while Europe continued to struggle with the economic tide. Read More
Housing and Urban Development (HUD) Secretary Shaun Donovan said in an interview on CNN this past weekend that the Obama administration is closely watching the U.S. housing market, ... Read More
According to data from Smith Travel Research, (STR), the U.S. hotel industry reported increases in all three key performance measurements during the week of 15-21 August 2010. In year-over-year measurements, the industry's occupancy increased 8.2 percent to 65.3 percent. Read More
Chinese investors see a brand new market opening up for them in Hawaii's hotel industry and Chinese tourists are eager to visit the state as well, but both groups are hamstrung by a bureaucratic bottleneck in obtaining travel visas, according to the Honolulu Star-Advertiser. Read More
Here's one for the book, or maybe one for Guinness World Records to consider. Half of a Bayshore, N.Y. house, assessed at about $300,000, is set for auction Oct. 7. Read More
The latest data published by research group Investment Property Databank show property values in the United Kingdom have grown 15.4% since August 2009 and about 7% this year. But the growth in property values has been slowing for the past four months. Read More
Dottie Herman Q1 - I recently put my home on the market and received a few offers. How do we decide which offer we should take? Do we simply go by price? Should we be looking at terms? Should we... Read More
A group of lenders led by Japan's Sumitomo Mitsui Banking Corp. has provided a $170 million construction loan and revived a stalled 39-story luxury condominium project overlooking Lake Michigan in Lincoln Park, one of Chicago's most affluent neighborhoods. Read More
The office-leasing numbers look good right now but they could be deceiving, according to a recent national study by New York City-based Studley. Read More
In a further sign of the globalization feared by many of his listeners, conservative radio personality Rush Limbaugh's New York City apartment was purchased last week by a foreign buyer. Read More
A skyscraper billed as a rival to the iconic Empire State Building was approved Wednesday by the New York City Council. The 1,190-foot '15 Penn Plaza' is planned for two blocks west of the Empire State Building, drawing criticism that it will alter New York's famed skyline. Read More
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