News about properties and real estate
Vacancies on rise at South Florida shopping centers as economy worsens The housing woes are spilling over to commercial real estate. Cracks are evident in the office and retail sectors in South Florida and nationwide, according to real estate analysts and brokers. “We’re definitely seeing things slow down,” said David Luther, a senior associate at …
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’08 foreclosure rate is on way to a record Foreclosure action in the first two months of 2008 was nearly three times greater than at the same time last year in Manatee, Sarasota and Charlotte counties. The 3,683 legal actions so far this year — actual lender takeovers, notices of delinquency and other advance warnings …
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State Joins Inquiry of Unusual Loans [Tampa Bay Area] Hundreds of peculiar home sales and foreclosures clustered in low-income neighborhoods in south St. Petersburg have attracted the attention of the Florida Department of Law Enforcement. The deals involved unusual mortgages uncovered last summer in a Tampa Tribune investigative report. The sales are tied to a …
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Uncertainty figures into forecast for Denver commercial real estate This year appears to be one of uncertainty for commercial real estate in metro Denver, according to a new report by CB Richard Ellis Inc.’s Denver office. Volatile capital markets, tougher lending standards and 2008 being a presidential election year are among the trends that will …
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Alberta real estate sales increased in 2007 [Canada] Alberta ended 2007 with $25.5 billion in residential MLS sales, up 19.9 per cent compared with 2006, according to a report released Monday by the Canadian Real Estate Association. The report also said that overall sales were down by 3.9 per cent last year from a year …
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CEO Survey on Sustainability Reveals Focus on Corporate Real Estate A new global survey of 1,254 senior business executives, including more than 300 CEOs, shows that energy efficiency plays a central role in corporate sustainability efforts — a finding that has implications for how companies manage their real estate. Fifty-two percent of all respondents named …
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