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 …

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 …

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 …

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 …

Path to wealth is through real estate holdings

Path to wealth is through real estate holdings Sorry, folks, this is not a get-rich-quick book. Still, you may be richer than you think, write authors Catherine McBreen and George Walper Jr. in Get Rich, Stay Rich, Pass It On. More than 7 million American households today claim total assets of a million dollars or …

Technology Changes World of Real Estate

Technology Changes World of Real Estate Like so many industries, technology has brought big changes to the selling and buying of real estate. Some agents – and their sales counterparts in other corners of the business world – have taken to it better than others, says real estate agent consultant and coach Michael Russer. Russer …