The changing face of real estate It’s no secret that today’s consumer is more equipped with information than ever before. From EBay, Google and blogs, to online retailers and consumer advocacy sites, buyer behaviour has never been so fragmented, yet thorough. Gone are the days when you would walk into a store, do a few …
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Shanghai’s real estate sector in doldrums [China]
Shanghai’s real estate sector in doldrums [China] Investment in Shanghai’s real estate market is expected to grow less rapidly and become more vulnerable to policy uncertainties in 2008, according to several large real estate service providers. Real estate investment saw a slowdown in the fourth quarter last year, with only one notable sales transaction completed …
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Business coalition opposes hike in real estate transfer tax [Chicago]
Business coalition opposes hike in real estate transfer tax [Chicago] Calling a proposed 40 percent increase in a government fee charged on Chicago home buyers “the wrong tax on the wrong people at the wrong time,” a coalition of real estate agents, home builders and business interests Thursday urged the City Council to delay a …
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US recession will boost Philippines real estate – experts
US recession will boost Philippines real estate – experts A looming recession in the United States is expected to boost the Philippines’ booming property market and its outsourcing industries, real estate consultants CB Richard Ellis (NYSE:CBG) said Thursday. ‘We see no end for the demand for commercial real estate,’ CB Richard Ellis Philippines chairman Rick …
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Canadians nervous about buying U.S. real estate
Canadians nervous about buying U.S. real estate While sunshine states such as Florida and Arizona have long enticed Canadians to purchase their winter retreats in warmer-weather American cities, the uncertainty clouding the U.S. housing market now has many Canadians favouring properties north of the border. And the mountain resort of Canmore is a “coveted recreational …
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State 3rd in foreclosure rate [Michigan]
State 3rd in foreclosure rate [Michigan] Michigan’s foreclosure rate ranked third nationwide for 2007, according to data released Monday by RealtyTrac Inc. The Irvine, Calif.-based foreclosure Web site reported that 1.9% of Michigan’s households entered some stage of foreclosure during the year. The company counted 136,205 foreclosure filings on 87,210 properties, a 68% increase over …