News about properties and real estate
1 in 9 jobs tied to real estate [Colorado] One out of every nine jobs in Colorado is tied to the multibillion-dollar residential and commercial real estate industry, according to a report released Thursday. “Regionally, real estate-related employment and earnings are a bedrock of the local economy,” noted the report prepared for the Colorado Association …
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UK personal wealth at £6 trillion The wealth of UK households has been given a dramatic boost by rising house prices, says the Halifax bank. It calculates that total net personal wealth more than doubled between 1996 and 2006, to £6.336 trillion. More than half that rise is due to higher house prices which pushed …
Weighing risks, rewards of real-estate trusts Despite housing woes, investment funds that focus on property can pay off. Here’s a thought for the bold: Take the subprime mortgage meltdown as a buying opportunity and plunge into REITs. But only if you have a cast-iron stomach. A REIT, or real estate investment trust, is stock in …
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Survey: Huntsville real estate most affordable in Alabama Huntsville has been ranked Alabama’s most affordable residential real estate market in Coldwell Banker LLC’s 2007 Home Price Comparison Index. The study looked at 2,200 square feet, four bedroom homes in 317 American markets. The average price of such a home in the Huntsville market was $212,183. …
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Commercial real estate crunched The global credit crunch that has rattled financial markets over the past few weeks is finally reaching the vast commercial real estate investment and development industry in the United States. Predictions by some analysts that prices for office buildings and other commercial properties are poised to drop are sending shivers through …
In real estate? Better get a second job [Florida] Moonlighting as a waiter at Rosario’s, an Italian restaurant on the oceanfront, is no comedown for real estate agent Todd Jachim. After all, the food is great, working conditions pleasant and the owner and customers extremely nice, said Jachim, who has worked as a waiter before …