News about properties and real estate
Real estate market could be hit further by rising home loans [New Delhi] The $15 billion real estate market which witnessed a sales drop of 60 per cent in the metros, may further worsen if reversal in rising interest rates for housing is not addressed urgently, a study said. According to the study conducted by …
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The Other Real Estate Crisis: Are ghost malls going to haunt the economy? So far, America’s real-estate agony has been confined largely to the vast residential sector. Commercial (office buildings) and retail (malls, strip malls, big boxes) real estate have held up rather well, even though those markets were propelled by the same factors that …
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Real estate market continues to soar [Toronto] Canada’s red hot real estate market continued to soar in the fourth quarter of 2007 with little sign of the traditional winter slump, according to new data released Tuesday by Royal LePage. Many markets reported double-digit gains in the final months of last year, likely driven by booming …
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Buddy LeRoux; was part owner of Sox, real estate baron; at 77 Buddy LeRoux, who rose from team trainer to part owner of the Boston Red Sox in the 1970s and 1980s, died of natural causes Monday night. He was 77. Often a controversial figure in Boston sports – both with the Red Sox and …
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Ithaca sheltered from real estate bubble [Ithaca, NY] With relatively low prices for houses, a stable housing market and steady employment, Ithaca hasn’t experienced the real estate crash some places have. “People talk about the real estate bubble bursting, but in Tompkins County the bubble never really got that big to begin with,” said Elia …
Ways to cope despite real estate’s dire outlook If you’d asked housing economist David Seiders at this time last year to forecast the real estate industry’s future, he would have told you to expect “a recovery year” in 2008. “That outlook has been cut dramatically from what I was saying a year ago,” Seiders, chief …
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