(CANCUN, MEXICO) - Our around the world trek began on August 25, 2008 in Cancun, Mexico. We had been planning the adventure for nearly three years to the day, and it was now officially underway.
According to Freddie Mac's U.S. Economic and Housing Market Outlook for March, there are signs the U.S. housing market is awakening from its depression-like condition of the past few years and beginning, though slowly, to make a nascent recovery.
(Snoqualmie, WA) -- Salish Lodge & Spa, one of the top resorts in the Pacific Northwest, now has golf to offer its guests courtesy a new partnership recently struck with nearby Tournament Players Course at Snoqualmie Ridge.
Dottie Herman Q1 - I live in NJ and recently went through a divorce. At the time of the divorce, the house wasn't settled. Now, after trying to do a modification and not getting it, the house is on the...
Most North Americans will stumble over the pronunciation, but Guangzhou, the third largest city in China, will be in the headlines regularly before the year is out. The city of 13 million residents is ushering in the biggest commercial real estate surge in its 6000-year history.
According to CoreLogic's latest National Foreclosure Report for February, foreclosure inventory and 90+ delinquency rates, there were approximately 65,000 completed foreclosures in February 2012. That is less than 66,000 properties in February 2011, and 71,000 in January 2012.
According to Freddie Mac latest Primary Mortgage Market Survey (PMMS), both mortgage rates, fixed and adjustable, moved lower on weaker housing economic indicators as the average 30-year fixed-rate mortgage slid just below 4.00 percent for the week.
Chicago entrepreneur Sam Zell surprised the international real estate community today with an announcement that his privately held Equity International company has acquired an equity interest in Grup Tha, a 117-year regional homebuilder based in Curitiba located in south Brazil.
After operating as affiliates in transactions for several years, Toronto-based FirstService Corp. is paying $22 million for all of the assets of the Colliers International operations in the United Kingdom, Ireland and Spain. The acquired assets are commonly known as Colliers UK and will now fall under the FirstService corporate umbrella. Colliers International will continue to operate as a separate company.
According to the National Association of Realtors (NAR), sales of investment and vacation homes jumped in 2011, with the combined market share rising to the highest level since 2005. NAR's 2012 Investment and Vacation Home Buyers Survey, covering existing- and new-home transactions in 2011, shows investment-home sales surged an extraordinary 64.5 percent
(Washington, DC) -- A new Urban Land Institute survey of 38 leading U.S. real estate economists and analysts projects broad improvements for America's economy, real estate capital markets, real estate fundamentals and the housing industry through 2014. The findings mark the start of a semi-annual survey of economists, the ULI Real Estate Consensus Forecast, being conducted by the ULI Center for Capital Markets and Real Estate.
According to a new survey by the U.S. Travel Association, as the price of crude oil continues to rise, travelers could alter vacation plans to control summer vacation costs and business travelers will travel less.
Starwood Hotels & Resorts announced this week that The Keraton at The Plaza, a Luxury Collection Hotel, will soon open to the world in late April 2012. Located in the heart of Indonesia's capital city of Jakarta, The Keraton at The Plaza is an iconic oasis of quiet luxury on the Jalan Thamrin, one of Jakarta's most prestigious streets.
Leighton Properties, one of Australia's leading property development companies, recently announced it signed a project agreement with development partners Landcom and Mirvac to signal the next phase of work at Green Square Town Centre in Sydney's Inner South.
According to the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending March 23, 2012, mortgage applications decreased 2.7 percent from one week earlier. The Market Composite Index, a measure of mortgage loan application volume, decreased 2.7 percent on a seasonally adjusted basis from one week earlier.
Al Zeina and Al Muneera, the Al Raha Beach communities in Abu Dhabi owned and managed by Aldar Properties, are flourishing as owners and tenants start to move in and new facilities are delivered. The communities have been recently handed over to owners and increasing numbers of people are moving in every day.
According to S&P/Case-Shiller Home Price Indices for January 2012, U.S. homes reported annual price declines of 3.9% and 3.8% for the 10- and 20-City Composites, respectively. Both composites saw price declines of 0.8% in the month of January. Sixteen of 19 MSAs also saw home prices decrease over the month; only Miami, Phoenix and Washington DC home prices went up versus December 2011.
(Punta Mita, Mexico) - Punta Mita, one of Mexico's most luxurious resort communities, had a record 2011 season with occupancy levels at historic highs as luxury travelers re-discovered this preferred destination. According to the ancient Maya of Mexico, the year that falls between December 21, 2011 and December 21, 2012 is one to be filled with celebration, ...
According to the Miami Association of Realtors, the median sales price of single-family homes in Greater Ft. Lauderdale area (Broward County) was $180,000, up eight percent compared to February 2011. The median sales price for condominiums increased 12 percent to $75,000 compared to a year prior. Broward County condominium prices have increased 13 out of the last 14 months.
In a sign that Japan's real estate market may be starting to recover, the country's landmark Fukuoka Yahoo! Japan Dome has been sold for 87 billion yen (US $1.1 billion.) The stadium is at Chūō-ku in Fukuoka City, the largest city on the island of Kyushu, 550 miles south of Tokyo.