Spanish real estate agencies folding

Spanish real estate agencies folding Half of Spain’s real estate agencies have folded in the past year due to a slowdown in the once-booming building sector, an industry association says. Of 80,000 that operated at the beginning of 2007, only around 40,000 have survived and some 100,000 employees lost their jobs, according to the Superior …

Real estate hurdles expected in 2008

Real estate hurdles expected in 2008 The meltdown of the U.S. real estate market has many homebuyers wondering if and how it will affect the housing market in Canada, but market analysts feel the problems the U.S. is experiencing should have little impact on real estate in this country. In fact Statistics Canada recently reported …

Central Valley has two of nation’s weakest real estate markets [California]

Central Valley has two of nation’s weakest real estate markets for 2008 [California] Two of the nation’s five weakest residential real estate markets this year are in the Central Valley, according to Veros Real Estate Solutions, a Santa Ana-based company that sells enterprise risk management and collateral valuation services. Home prices in the Modesto market …

Buddy LeRoux; was part owner of Sox, real estate baron; at 77

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 …

Southeast Steady Performers

Southeast Steady Performers Since Southeast cities like Charlotte, N.C.; Raleigh, N.C. and Nashville, Tenn. didn’t really follow the condo boom, they’re not likely to experience the same fall-off as cities that did, industry observers agree. In fact, Integra Realty Resources, a real estate valuation and counseling firm, believes a number of key Southeast cities are …

Like the housing market, the commercial market is waning

Like the housing market, the commercial market is waning The commercial real estate market follows the residential market by 12 to 18 months, according to conventional wisdom. Those 12 to 18 months ended in early 2007. And like the residential market, Southwest Florida’s commercial real estate market has begun to slide. Both the total number …