Francys Vallecillo, Assistant Editor
Francys Vallecillo brings extensive experience in both journalism and property management to World Property Channel. After graduating with a journalism degree from the University of Florida, she worked as a general assignment reporter in radio and television.
In property, Francys managed property sales of high-end condominiums for a South Florida-based company. With her experience in real estate, she reports the latest residential, commercial, and vacation trends, while helping to manage the Spanish-language content.
Single-family home prices in Key Biscayne, the island village east of Miami, are higher than they were in 2006.
Local U.S. governments sell between $5 billion and $6 billion dollars' worth of delinquent taxes to the private sector each year.
Istanbul's office market hit a record high for office market transactions in 2013, dominated by large owner-occupier deals.
U.K.'s largest shopping mall operator, has purchased three shopping centers from Westfield Group for £867.8 million.
Irish hotel operator Dalata has raised €265 million ($369 million) from an initial public offering, higher that the company's target.
Private home sales in Singapore increased 28 percent in January compared to the previous month.
Approximately 14.1 million square meters of new shopping center space is expected to be delivered across Europe in the next two years.
The Global House Price Index released by property research firm Knight Frank increased by 8.4 percent last year.
Foreclosure activity in the U.S. dropped 10 percent in February compared to a month ago.
Mortgage rates in the U.S. increased this week following a week of barely any new economic and housing news.
Mortgage applications in the U.S. dropped last week after increasing one week prior
The number of investors viewing Spain as the most attractive market for commercial real estate purchases has increased dramatically.
Young home buyers in the U.S. see their homes as a good investment.
Commercial real estate investment volumes in Poland reached €3.12 billion in 2013, the best year since 2006.
The Bank of Italy is looking to hire up to five real estate consultants to review whether the country's banks are correctly valuing property used as loan collateral.
Starwood Hotels & Resorts Worldwide plans to increase its European hotel portfolio by almost 40 percent in the next five years.
The share of homes purchased by institutional investors in the U.S. increased.
One of China's largest property developers announced a 21 percent increase in annual profit.
Four million U.S. homes returned to positive equity in 2013.
The luxury condominium project Biscayne Beach is set to break ground this spring.