News about properties and real estate
Real estate market emerges as top issue in South Korean election In 30 years as a real estate broker, Chung Doo Hyun says, he has never seen a market behave the way the one in South Korea is behaving today. First, there was the wave of feverish buying that drove housing prices up across the …
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Canadian real-estate markets clinch early record With one month’s activity still unaccounted for, the Canadian Real Estate Association said Monday that listed residential real-estate transactions in most major markets are already at record levels. Data from the country’s 25 biggest markets show 345,577 sales of existing homes in November through the Multiple Listing Service (MLS), …
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U.K. Commercial Real Estate Returns Drop By Record U.K. commercial real estate returns fell by a record amount last month as higher interest rates and a drop in bank lending pushed prices down, according to Investment Property Databank Ltd., a London-based research firm. The total return on investments, after taking rental income and growth into …
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Real estate assistants invaluable in keeping the industry running Murder! Mistreatment! Extravagance! The case was so sordid that the National Association of Realtors should have sent out an all-states bulletin: We’re not really like this! Last week’s news that Natavia Lowery confessed to bludgeoning her boss, Linda “Realtor to the stars” Stein, with a “yoga …
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Japanese real estate stocks rally on US mortgage aid plan, rising office rents Japanese real estate stocks rose in morning trading Friday on hopes that the US government’s rescue plan for struggling homeowners will ultimately improve conditions for real estate investment in Japan. A rise in office rents in central Tokyo last month also heartened …
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Too many zeros add up to big problems in Carver County Eric Mattson was not surprised that the small vacant lot he bought last year near the shores of Lake Waconia was increasing in value. What shocked him was the $189 million market value the Carver County assessor’s office came up with for the 55- …
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