A Way Out of That House Heading toward Christmas of 2006, Tim Knopf knew he was in trouble on the mortgage he was paying to a long-distance lender. He had just refinanced his Palmetto home for $279,000, setting himself up with a monthly payment that would start out tough before getting tougher. Then he lost …
Category Archives: Real Estate
Uncertainty figures into forecast for Denver commercial real estate
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 …
Continue reading “Uncertainty figures into forecast for Denver commercial real estate”
Alberta real estate sales increased in 2007 [Canada]
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 …
Continue reading “Alberta real estate sales increased in 2007 [Canada]”
Real estate down; offices close [California]
Real estate down; offices close [California] The current housing slump, which is expected to continue through 2008, is causing local real estate businesses to close their doors. “Unfortunately, when the market peaked we had a lot of properties pop up,” said Carolyn McNamara, owner of the McNamara Group, a local realty company that has been …
Continue reading “Real estate down; offices close [California]”
The changing face of real estate
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 …
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 …
Continue reading “Shanghai’s real estate sector in doldrums [China]”