Developer Robert Congel's drive to create one of the largest malls in the country, in Syracuse, N.Y., is back in gear after almost being upended by the economic downturn and a nasty court battle with Citigroup.
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Most Topular Stories
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Pyramid Cos.' Carousel Plan Rides Again
WSJ.com: Commercial Real Estate8 Feb 2012 | 10:49 am -
Home Prices Pop in Hot Valley Turf
WSJ.com: Real Estate8 Feb 2012 | 2:25 pmThe current technology boom has rippled out into the housing markets in Silicon Valley's core towns, but the ripples aren't reaching much beyond that, as home values fell at the end of last year in a majority of the Bay Area. -
On Location: Bob and Kim Zielinski Build an Untraditional House in Pittsburgh — On Location
NYT > Real Estate8 Feb 2012 | 2:50 pmThe house, designed by the architect Eric Fisher, looms over the street like a big industrial arm. -
Hillwood starts construction on Alliance apartments
Commercial Real Estate Industry News Headlines | Bizjournals.com8 Feb 2012 | 3:23 pmHillwood Multifamily, a subsidiary of Fort Worth-based Hillwood Properties, has begun construction on the second phase of Monterra Village, which is a 130-acre mixed-use community project at Alliance Town Center. The phase includes 262 units with one-, two- and three-bedroom upscale unit designs. It's the ideal time to bring additional apartments to the market, said Mike Berry, president of Hillwood Properties. There's rapid population growth in north Fort Worth and a growing demand for apartments in the submarket with limited supply, he said... -
Hillwood starts construction on Alliance apartments
Residential Real Estate Industry News Headlines | Bizjournals.com8 Feb 2012 | 3:23 pmHillwood Multifamily, a subsidiary of Fort Worth-based Hillwood Properties, has begun construction on the second phase of Monterra Village, which is a 130-acre mixed-use community project at Alliance Town Center. The phase includes 262 units with one-, two- and three-bedroom upscale unit designs. It's the ideal time to bring additional apartments to the market, said Mike Berry, president of Hillwood Properties. There's rapid population growth in north Fort Worth and a growing demand for apartments in the submarket with limited supply, he said...
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WSJ.com: Commercial Real Estate
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Pyramid Cos.' Carousel Plan Rides Again
8 Feb 2012 | 10:49 amDeveloper Robert Congel's drive to create one of the largest malls in the country, in Syracuse, N.Y., is back in gear after almost being upended by the economic downturn and a nasty court battle with Citigroup. -
It's Hardly a Ball for 11 Times Square
8 Feb 2012 | 10:36 amThe risks of speculative office building are obvious at the 11 Times Square skyscraper. More than a year after it opened, the 1.1 million square-foot building is about 60% empty and unleased. -
Cambodia's Developers Aim at Stars
8 Feb 2012 | 8:38 amA high-rise building boom in Cambodia's capital city, Phnom Penh, derailed by the 2008-2009 financial crisis, is starting up again. -
GSA Picks Trump Plan for Project
8 Feb 2012 | 7:13 amA proposal from Trump Hotel Collection and private-equity investor Colony Capital was selected by the General Services Administration to redevelop Washington's Old Post Office Building into a luxury hotel. -
Price-Rise Plateau
7 Feb 2012 | 7:25 pmThe Green Street Advisors Commercial Property Price Index remained unchanged in January as investors stayed cautious about the direction of the U.S. economy.
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WSJ.com: Real Estate
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Home Prices Pop in Hot Valley Turf
8 Feb 2012 | 2:25 pmThe current technology boom has rippled out into the housing markets in Silicon Valley's core towns, but the ripples aren't reaching much beyond that, as home values fell at the end of last year in a majority of the Bay Area. -
A Taste of Bali for Sale in Sebastopol
8 Feb 2012 | 1:43 pmA Balinese-style home on 8.3 acres in Sebastopol is on the market for $3.6 million. Two llamas, two cashmere goats and a sheep, named Violet, are negotiable as part of the sale. -
Pyramid Cos.' Carousel Plan Rides Again
8 Feb 2012 | 10:49 amDeveloper Robert Congel's drive to create one of the largest malls in the country, in Syracuse, N.Y., is back in gear after almost being upended by the economic downturn and a nasty court battle with Citigroup. -
Mediterranean Style in Greenwich
8 Feb 2012 | 10:36 amNear downtown Greenwich, Conn., this waterfront home with a large interior patio was inspired by the owner's European upbringing. Floor-to-ceiling windows show off views of the Long Island Sound. -
It's Hardly a Ball for 11 Times Square
8 Feb 2012 | 10:36 amThe risks of speculative office building are obvious at the 11 Times Square skyscraper. More than a year after it opened, the 1.1 million square-foot building is about 60% empty and unleased.
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NYT > Real Estate
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On Location: Bob and Kim Zielinski Build an Untraditional House in Pittsburgh — On Location
8 Feb 2012 | 2:50 pmThe house, designed by the architect Eric Fisher, looms over the street like a big industrial arm. -
Square Feet | The 30-Minute Interview: The 30-Minute Interview: Susan M. De França
8 Feb 2012 | 1:00 pmMs. de França is the president and chief executive of Douglas Elliman Development Marketing, which focuses on new residential developments. -
Property Values: Real Estate for $625,000
8 Feb 2012 | 12:46 pmA town house in Dallas, a midcentury modern in Rhode Island and a Tudor in Denver. -
Homes for $625,000
8 Feb 2012 | 12:46 pmHomes in Dallas, Rhode Island and Denver. -
Square Feet: Energy Spurs a Recovery in Houston Real Estate
8 Feb 2012 | 12:04 pmRising oil prices and a boom in shale exploration are leading companies to add office space in the Houston area, most notably Exxon Mobil.
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Commercial Real Estate Industry News Headlines | Bizjournals.com
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Hillwood starts construction on Alliance apartments
8 Feb 2012 | 3:23 pmHillwood Multifamily, a subsidiary of Fort Worth-based Hillwood Properties, has begun construction on the second phase of Monterra Village, which is a 130-acre mixed-use community project at Alliance Town Center. The phase includes 262 units with one-, two- and three-bedroom upscale unit designs. It's the ideal time to bring additional apartments to the market, said Mike Berry, president of Hillwood Properties. There's rapid population growth in north Fort Worth and a growing demand for apartments in the submarket with limited supply, he said... -
REATA adds UCR duo to its broker mix
8 Feb 2012 | 3:17 pmTwo of San Antonio’s leading real estate firms — REATA Real Estate Services and United Commercial Realty — are making some staff changes. REATA has announced that Michael Jersin and Warren Richardson have joined the firm. Jersin, who was previously president, chief operating officer and a partner at United Commercial Realty (UCR) San Antonio, joins REATA as a partner. Richardson, who was an associate with UCR, joins REATA as a senior associate. Meanwhile, Craig Garansuay, a principal and vice president at UCR, has been named acting president and executive managing director of the… -
FNF reports lift in Q4 and yearly earnings
8 Feb 2012 | 2:53 pmFidelity National Financial Inc. reported a 32.1 percent increase in net income year over year in the fourth quarter and a 0.93 percent increase in net income for the year 2011 compared with 2010. FNF reported net income of $175.1 million, or 78 cents per diluted share, in the fourth quarter. In the fourth quarter of 2010, the company reported net income of $132.5 million, or 58 cents per diluted share, according to a public filing with the U.S. Securities and Exchange Commission. For the year, FNF reported net income of $379... -
Whole Foods confirms plans for downtown store
8 Feb 2012 | 2:43 pmWhole Foods Market Inc. on Wednesday confirmed its plans to open a store in downtown Minneapolis. The 38,000-square-foot store will be on the ground level of Ryan Cos. US Inc.'s redevelopment of the former Jaguar dealership site at the intersection of Washingington and Hennepin avenues. The 222 Hennepin project, slated for completion in mid-2013, also will include 287 luxury apartments. Click here to view renderings. It will be the fifth Twin Cities location for Austin, Texas-based Whole Foods (Nasdaq: WFM)... -
New restaurant, shops for The Bellevue Collection
8 Feb 2012 | 2:38 pmA new set of retailers is moving into the Bellevue Collection, Kemper Freeman Jr.’s sprawling retail complex in downtown Bellevue, Freeman told the Puget Sound Business Journal. Restaurant operators Bradley Dickinson and Mikel Rogers are opening Bradley + Mikel’s KORAL Bar & Kitchen at the Hyatt Regency Bellevue in the space formerly occupied by the Twisted Cork restaurant. Dickinson and Rogers operate a sister restaurant, Bradley + Mikel’s Pearl Bar & Dining, a short walk south in Lincoln Square...
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Residential Real Estate Industry News Headlines | Bizjournals.com
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Hillwood starts construction on Alliance apartments
8 Feb 2012 | 3:23 pmHillwood Multifamily, a subsidiary of Fort Worth-based Hillwood Properties, has begun construction on the second phase of Monterra Village, which is a 130-acre mixed-use community project at Alliance Town Center. The phase includes 262 units with one-, two- and three-bedroom upscale unit designs. It's the ideal time to bring additional apartments to the market, said Mike Berry, president of Hillwood Properties. There's rapid population growth in north Fort Worth and a growing demand for apartments in the submarket with limited supply, he said... -
FNF reports lift in Q4 and yearly earnings
8 Feb 2012 | 2:53 pmFidelity National Financial Inc. reported a 32.1 percent increase in net income year over year in the fourth quarter and a 0.93 percent increase in net income for the year 2011 compared with 2010. FNF reported net income of $175.1 million, or 78 cents per diluted share, in the fourth quarter. In the fourth quarter of 2010, the company reported net income of $132.5 million, or 58 cents per diluted share, according to a public filing with the U.S. Securities and Exchange Commission. For the year, FNF reported net income of $379... -
Maui housing market shows mixed results
8 Feb 2012 | 1:35 pmThe median price of a condominium on Maui rose 15 percent in January, but the price of a single-family home fell 18 percent, according to statistics from the Realtors Association of Maui. The median price of a Maui condo in January was $339,000, compared to $295,000 in January 2011. That was based on sales of 89 condo units, which was a 2 percent increase from 87 sales a year ago. The median price of a single-family home on Maui last month was $408,000, compared to $495,415 in January 2011. That was based on sales of 49 single-family homes, including one on Lanai, which was 9 percent fewer… -
MAAR summit hits on highs — and lows — of local commercial property markets
8 Feb 2012 | 1:00 pmThe commercial real estate elite descended on Germantown Performing Arts Centre this morning for Memphis Area Association of Realtors’ 2012 Commercial Property Forecast Summit, which was punctuated with sector-by-sector outlooks by local experts — some bright, and some not so bright. Office space lacking tenants for smaller spaces Providing a perspective on the local office real estate market was Ron Kastner, senior vice president at CB Richard Ellis Memphis. Despite sustaining a decline in vacancy of just 1 percent in 2011 across all submarkets, Kastner reported the local office market… -
Mount Sinai sells Miami Heart Institute to Lionheart
8 Feb 2012 | 12:23 pmMount Sinai Medical Center has found a buyer for its Miami Heart Institute site: Miami-based Lionheart Capital. Lionheart on Wednesday announced the closing of the deal for the waterfront site, at 4701 N. Meridian Ave. in Miami Beach, although the deed had yet to be recorded in county records and the price was not disclosed. The nonprofit hospital bought the nearly 700,000-square-foot facility on 7.2 acres for $63 million in 2000. The buyer did not disclose its plans for the property, either. In 2010, Lionheart acquired the remaining condominium units at 2700 North Ocean in Singer Island and…
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msnbc.com: Real estate
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Players' clubs: The homes of the Grammy nominees
8 Feb 2012 | 9:01 amThe hottest acts in the music business earn their pay by living in the recording studio or on the road. But even pop stars need a place to call home every once and awhile. Here are some of theirs. -
Listing of the Week: The home Big Mac boxes built
7 Feb 2012 | 9:17 amThe Utah home former GOP presidential contender John Huntsman Jr.'s father built is on the block. This is no ski cabin. It's more like the whole chalet. -
Big foreclosure servicer indicted for 'robo-signing'
7 Feb 2012 | 7:43 amIn one of the first criminal prosecutions in the post-housing bust era, DocX has been indicted on forgery charges by a Missouri grand jury, The New York Times reports. -
Sponsored By:
7 Feb 2012 | 7:43 am -
Mortgage relief: Partial solution better than none
6 Feb 2012 | 11:24 amThe architects of the joint state-federal mortgage releief plan believe it would be better for homeowners to get a partial deal than nothing at all, according to sources close to the talks.
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Commercial Property Executive
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In a Tentative Year, Office REIT Ratings Remain Sound
8 Feb 2012 | 12:47 pmBy Karen Nickerson, Vice President & Senior Credit Officer, Moody’s Investors Service Signs are encouraging for the office sector, but risks remain. The U.S. labor market is improving, corporate profits are strong and balance sheets are stable. Office vacancy in the fourth quarter 2011 declined 50 basis points to 16 percent year-over-year, according to a fourth-quarter report by CBRE Econometric Advisors. However, Europe’s debt situation remains unsettled and U.S. fiscal policy remains uncertain. In light of these unknowns, we expect the office market recovery to remain tentative. -
Was 2011 the Best Year for Triple-Nets?
8 Feb 2012 | 12:44 pmBy Craig Tomlinson, Director, Stan Johnson Co. For our firm, 2011 was a bigger year than 2007 — which was surprising given the alleged new “disciple” in the debt markets. But was it a better one? Who were the winners and losers, and what conclusions are relevant for 2012? We analyzed the heart of our Single Tenant Net Lease (STNL) closings from 2007 and from 2011 and, excluding assets over $25 million, we looked to see what was similar and what was different. The results may surprise you. Transaction volumes were up more than 25 percent, despite the fact that our average transaction… -
Non-Prime Markets Look Good for Investors
8 Feb 2012 | 12:43 pmBy Michael Ryan, Director, Faris Lee Capital The United States economy continues to slowly chug along. The latest data shows GDP increasing just 1.8 percent in the third quarter of 2011. For this reason, commercial real estate investors have maintained a preference for prime markets such as New York, Washington, Boston, Miami, Chicago, Los Angeles and San Francisco. The lower risk profile of these core markets, especially for highly sought after stabilized food-and-drug anchored shopping centers, has created intense competition. This, along with record low interest rates, has caused cap… -
Swapping Out the Best Rates to Reduce Risk
8 Feb 2012 | 12:41 pmBy Marcelo Bermúdez, President, Figueroa Capital Group Inc., a subsidiary of Charles Dunn Co. When you choose your financing vehicle to leverage your commercial real estate investment, deciphering fixed, floating and swap rates can be an onerous task for the uninitiated. Traditional step-down pre-pays are certainly available with lenders, but uncertain times call for additional strategies to minimize risk and limit potential expenditures when at all possible. Swaps can provide this kind of hedge for any existing floating-rate risk in a commercial real estate portfolio. There are five… -
The Time is Right for Buying — and Selling and Refinancing — in the Multi-Family Sector
8 Feb 2012 | 12:37 pmBy Nicholas Ziegler, News Editor Capital markets – especially in the hot multi-family sector – are coming around to the idea that there’s no time like right now, for buyers, sellers and finance firms. Within just the last few weeks, deal volume has accelerated for apartments: Walker & Dunlop L.L.C. found a $163.8 million refi package for Principal Management Partners. American Campus Communities purchased $208 million of student-housing communities. MetLife took a Chicago luxury high-rise off the hands of LYND Partners for $125 million. “Sellers have held on to properties that…
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Home mortgage rates and real estate news - CNNMoney.com
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Homes in foreclosure decline by 130,000
8 Feb 2012 | 6:09 amSlowly, but surely, the foreclosure crisis seems to be abating. -
Foreclosure deal has 40 states, but others balk
7 Feb 2012 | 4:24 amMore than 40 states have signed on to a draft deal settling claims of improper mortgage servicing that's aimed at relieving homeowners struggling with loans bigger than their home's value. -
Home repairs: Which jobs come first?
3 Feb 2012 | 2:27 amLean times call for budgetary triage. But while you should clearly opt for orthodontics before Disneyland, the choice is tougher when it comes to home maintenance. -
Finally, a foreclosure settlement (Maybe)
3 Feb 2012 | 2:21 amStates have until late Monday to agree to the latest draft deal aimed at relieving homeowners struggling with mortgages bigger than their home's value. -
Mortgage rates hit another new low
2 Feb 2012 | 10:40 amJust one day after President Obama detailed a proposal to enable millions of homeowners to refinance to record-low mortgage rates, those rates notched another record.
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Today's Real Estate News
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Zillow releases mortgage app for Android devices
8 Feb 2012 | 12:23 pmCompany released iPhone version of Mortgage Marketplace in June 2011read more -
10 hottest markets for out-of-area house hunters
8 Feb 2012 | 12:21 pmTrulia: Florida metros account for 7 top spots on listread more -
Popular neighborhood attributes: kid-friendly and hip
8 Feb 2012 | 11:57 amRobot Workshop reports most popular search termsread more -
The legendary pads of Grammy winners past
8 Feb 2012 | 10:25 amHomes where icons from the Grateful Dead to 'The Boss' made historyread more -
'Will work for food': real estate survival stories
8 Feb 2012 | 9:10 amYou need to eat, and so do your clientsread more
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GeekEstate Blog
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Two MLS’, Metrolist and Santa Barbara, Boot Diverse Solutions/Zillow
7 Feb 2012 | 10:09 pmIt happened — Metrolist and Santa Barbara booted Diverse Solutions (now owned by Zillow) from their list of approved IDX vendors. The Metrolist decision was reported by Geek Wire, while Inman picked up on the fact (premium content) that Santa Barbara had also pulled the plug. Eric Stegemann has a good read as well. Personally, I don’t buy any of the reasons given by Metrolist. As marketing Director Melissa Olson says, ”At some point, we have to start taking a look at our current offering and how many vendors really make sense in our marketplace.” Politically… -
Announcing the Steering Committee for Geek Build 2012
7 Feb 2012 | 6:15 amI wanted to take this opportunity to introduce the steering committee members for Geek Build 2012. The steering committee will review all feedback from the Geek Estate community, and make final decisions for the participants sites in Geek Build 2012. The committee will consist of the following individuals: Daniel Beer, Team Leader, Real Living Lifestyles, San Diego Home Finder Ben Fisher, Agent, Sotheby’s International, Park City Luxury Real Estate Jay Thompson, Managing Broker, Thompson’s Realty, Phoenix Real Estate Guy Dominic Morrocco, Co-Founder & Partner, M Squared… -
Q&A With Displet.com Founder, Eric Bramlett – Custom RETS/IDX Solution
6 Feb 2012 | 7:12 pmA positive byproduct of my quest to revamp my personal website is that I came in contact with some great companies that will be the innovators of tomorrow’s real estate tech industry. One website designer and custom IDX provider that caught my eye in a big way was the Dislpet RETS/IDX and their highly customizable solution that I came to study as a result of the comment thread in my brutally honest case study here on GEB. They are a relatively new company but it’s founder, Eric Bramlett, has given the company an impressive vision. I thought it was pretty clear that they… -
#retechchat Topic of Conversation – Adwords or SEO? Where to spend first…
6 Feb 2012 | 2:19 pmTonight’s topic of conversation will be Adwords or SEO? Where to spend first… (coincides nicely with the Geek Build 2012 Project). If you have questions, want to learn, or just lurk – join the conversation Monday (2/6/12) at 6 PM PST / 9 PM EST. For those who want to participate in #retechchat Monday evening, there are a few options: Follow the #retechchat hashtag Add a search column to Tweetdeck for the hashtag #retechchat Join Tweetchat under #retechchat (recommended approach) See you there! -
iPhone, iPad, and a Real Estate CRM – Making Them All Work Together
4 Feb 2012 | 4:37 amAre you a Mac user? If so, this article is for you. You have a Mac computer, probably an iPhone, and there’s a good chance that you have an iPad or plan on getting one in the near future. Now, as a REALTOR®, you’re wondering how to integrate your Apple products with a real estate CRM (Disclosure: I work for a company that sells a real estate CRM, IXACTContact). In this blog post, I’m not going to discuss the merits of a CRM or why you should use one, but in case you’re interested, you can read an article I wrote on this topic here. In this post, you’ll learn what to look out for…
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Information Central
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VISIT USA Act
8 Feb 2012 | 10:28 amA new visa program for overseas investors is slowly wending its way through congress. We’ve covered it before in the blog, but a member recently asked for an update . There hasn’t been a whole lot of recent discussion of this topic in the larger publications (NYT, WSJ, etc.), so we provided what we could locate in other sources. We also provided older articles and blogs that will provide context and opinion, as well as legislative information with summaries, actions, and committee assignments. Recent Articles/Blogs VISIT-USA Act Would Give Home Buyers a 3-Year Visa, (LawInfo [blog],… -
Biking and Walking
3 Feb 2012 | 12:32 pmAmerica remains predominately a country of automobiles. Only an average of 3.5 percent of commuters get to work by bicycle or foot. It shouldn’t come as a surprise, but a new report from the Alliance for Biking and Walking extolls the virtues of the two modes of transportation as being within the public interest: Where bicycling and walking levels are higher, obesity, high blood pressure, and diabetes levels are lower. Higher levels of bicycling and walking also coincide with increased bicycle and pedestrian safety and higher levels of physical activity. Increasing bicycling and walking… -
What We’re Reading: Jan. 28 – Feb. 3
3 Feb 2012 | 7:47 amDeclining segregation, green remodeling, where to post what, and the rise of the singletons Using US Census data, researchers at the Manhattan Institute for Policy Research have published a report on the continued decline in segregation in American cities. Once interesting point for REALTORS: the authors suggest that the extension of mortgage credit was a prime factor in encouraging suburban integration; the list of cities with the largest declines in segregation since 2000 includes several caught up in the subprime housing bubble during the same period. What’s old is new again, or… -
The Average REALTOR® (Cont’d)
1 Feb 2012 | 8:26 amclick on the image to visit its flickr page Our archivist saw my earlier post on the average REALTOR® and wanted to point out that NAR’s first member profile was conducted in 1949. While much has changed, several demographics – such as age – remain remarkably similar. Click on the image to the left to see a larger image on Flickr. -
The Average REALTOR®
1 Feb 2012 | 7:18 amA member asked us this week how the ‘average’ REALTOR® has changed over the last few decades. The short answer is surprisingly not very much. Member Profiles in published form go back at least until the mid-1970s, but it’s a bit tough to make an apples to apples comparison. Back then only agents with a broker or broker associate license could call themselves REALTORS® and the surveys reflected this. And even after sales agents were added as REALTORS®, up until the early 1990s, member profile reports divide data between broker and agent. So it is hard to get an overall…
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Daily Real Estate News
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Agents Make Unexpected Finds in Foreclosures
8 Feb 2012 | 12:00 amWatch for skeletons in the closet ... literally. -
Mortgage Applications Soar 7.5% on Low Rates
8 Feb 2012 | 12:00 amRecord low mortgage rates continues to spur more demand for loan applications. -
Fannie Starts Accepting Online Offers for Properties
8 Feb 2012 | 12:00 amMake your offer online, Fannie Mae is telling real estate agents for the launch of its new nationwide program that allows you to submit and track offers for Fannie Mae-owned properties via a new Web site. -
Major Foreclosure Servicer Charged With Forgery
8 Feb 2012 | 12:00 amOne of the largest companies in the nation to provide foreclosure services to lenders has been indicted on charges for widespread "improprieties against home owners." -
Infamous Texas Squatter Finally Gets Evicted
8 Feb 2012 | 12:00 amKenneth Robinson wrote an eBook and had a Web site devoted to his success in squatting in a $340,000 McMansion while paying only $16 to live there for the last eight months. But a judge recently ordered him to to leave.
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WSJ.com Video - Real Estate
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One of the Highest Skyscrapers in U.S. Auctioned
8 Feb 2012 | 2:23 pmThe Southeast's tallest skyscraper, Atlanta's Bank of America building, went on the auction block Tuesday. (Video: Fox 5) -
An American Mansion Mediterranean-Style
8 Feb 2012 | 9:25 amThis 12,000 square feet Mediterranean-style home in Connecticut was inspired by the owner's childhood in southern France. The mansion boasts an inner patio and floor-to-ceiling windows with views of the Long Island Sound. The house is listed $12.9 million. -
Hong Kong Apartment for $3.9 Million
7 Feb 2012 | 7:46 pmThis 3-bedroom, 2.5-bath apartment in Hong Kong's Mid-Levels neighborhood is selling for $3.9 million. WSJ's Andrew LaVallee and Deborah Kan discuss. -
Luxury Loft in TriBeCa
6 Feb 2012 | 3:19 pmThis sleek loft in an old apothecary building in TriBeCa boasts maple floors, nearly 360-degree views of New York City and the Hudson River, and countertops made with the same marble found in the garden at Museum of Modern Art. -
Slower Office Construction Could Mean Higher Rents
6 Feb 2012 | 7:23 amWSJ's Eliot Brown reports unsettled lenders are facing higher costs while investors are shying away from starting new office buildings. REUTERS/Gary Hershorn
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Inman News Headlines
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An end to property tax deferrals?
8 Feb 2012 | 12:39 pmSome senior advocates fear other states will follow in Oregon's footstepsread more -
Zillow releases mortgage app for Android devices
8 Feb 2012 | 12:23 pmCompany released iPhone version of Mortgage Marketplace in June 2011read more -
10 hottest markets for out-of-area house hunters
8 Feb 2012 | 12:21 pmTrulia: Florida metros account for 7 top spots on listread more -
Popular neighborhood attributes: kid-friendly and hip
8 Feb 2012 | 11:57 amRobot Workshop reports most popular search termsread more -
The legendary pads of Grammy winners past
8 Feb 2012 | 10:25 amHomes where icons from the Grateful Dead to 'The Boss' made historyread more
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NYT > Real Estate
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On Location: Bob and Kim Zielinski Build an Untraditional House in Pittsburgh — On Location
8 Feb 2012 | 2:50 pmThe house, designed by the architect Eric Fisher, looms over the street like a big industrial arm. -
Square Feet | The 30-Minute Interview: The 30-Minute Interview: Susan M. De França
8 Feb 2012 | 1:00 pmMs. de França is the president and chief executive of Douglas Elliman Development Marketing, which focuses on new residential developments. -
Property Values: Real Estate for $625,000
8 Feb 2012 | 12:46 pmA town house in Dallas, a midcentury modern in Rhode Island and a Tudor in Denver. -
Homes for $625,000
8 Feb 2012 | 12:46 pmHomes in Dallas, Rhode Island and Denver. -
Square Feet: Energy Spurs a Recovery in Houston Real Estate
8 Feb 2012 | 12:04 pmRising oil prices and a boom in shale exploration are leading companies to add office space in the Houston area, most notably Exxon Mobil.
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NYT > Mortgages and the Markets
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Push to Avert Foreclosures Hits Court Logjam
7 Feb 2012 | 9:00 pmCourt hearings meant to protect New York homeowners from foreclosure are hopelessly slowed by endless paperwork and requests for additional information. -
Mortgage Relief Plan Is Closer to Winning Support of California
4 Feb 2012 | 9:00 pmPotential support from California and New York would come in exchange for tightening provisions in order to preserve the right to investigate past misdeeds by the banks, and stepping up oversight. -
Mortgage Tornado Warning, Unheeded
3 Feb 2012 | 9:00 pmInspired by a personal experience, a businessman began delving into the practices of the mortgage industry, including Fannie Mae. His findings have been prescient. -
An Easier Path to Refinancing
3 Feb 2012 | 9:00 pmPresident Obama’s new mortgage refinancing plan could provide considerable relief for millions of homeowners shackled to high interest rates, if Congress approves it. -
New York Sues 3 Banks Over MERS Mortgage Database
2 Feb 2012 | 9:00 pmThe state attorney general asserted that fraudulent use of the tracking system allowed Bank of America, Wells Fargo and JPMorgan Chase to avoid the need for recording mortgage transfers.
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Latest News from the National Association of REALTORS®
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Pending Home Sales Decline in December, Remain Above a Year Ago
25 Jan 2012 | 8:10 amAfter reaching a 19-month high, pending home sales eased in December but stayed above year-ago levels. -
Homeownership Matters to Nation
25 Jan 2012 | 6:44 amPresident's speech supports homeowners and struggling housing market. -
December Existing-Home Sales Show Uptrend
20 Jan 2012 | 7:16 amExisting-home sales continued on an uptrend in December, rising for three consecutive months and remaining above a year ago. -
Pending Home Sales Rise Again in November, Highest in a Year-and-a-Half
29 Dec 2011 | 7:27 amData shows pending home sales continued to gain in November and reached the highest level in 19 months. -
Existing-Home Sales Continue to Climb in November
21 Dec 2011 | 7:24 amExisting-home sales rose again in November and remain above a year ago. Also released today were periodic benchmark revisions with downward adjustments to sales and inventory data since 2007, led by a decline in for-sale-by-owners.
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REALTOR.com® Blogs
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Lake Hollywood Home With Glass-Floor Bridge Hits The Market (PHOTOS)
8 Feb 2012 | 3:25 pmIt’s not every day that a house like this hits the market. This 9,385 square foot home, designed by Mills Studio, has Tinseltown glitter all over it. Clean lines, great lighting, and floor-to-ceiling windows (and a glass-floored bridge!) that afford sweeping views of Lake Hollywood. You can even see the Hollywood sign from the Infinity pool in the backyard. Currently offered for $10.8 million, this 5-bed, 8-bath home sits on a half-acre in the Hollywood Hills. High ceilings and retracting glass walls in the living room allow a seamless transition from indoor to outdoor spaces,… -
Can Brokers Charge A Fee On A Rental They Own?
8 Feb 2012 | 2:44 pmQ: Is it legal for two real estate agents who are associate brokers of an agency and who are also co-owners of a three family house to advertise a vacant unit in their house through their agency and charge a broker’s fee? Is there a conflict of interest when your agency profits off of your own personal investment?–Anonymous, Hoboken, NJ A: What if another agent in that office finds the tenant? That agent deserves a commission. It should be disclosed however to potential tenants the apartment is owned by a NJ Realtor.Leah Leighton is a Realtor® with Century 21 Alliance in… -
How Do I Price My Waterfront Home?
8 Feb 2012 | 1:51 pmQ: Hi there! I’m wondering how to fairly price my waterfront home in the Charlotte, NC area. We live in a large 400-home community where the average home is priced from 130,000 to 190,000. We happen to live on one of about ten lots situated on a 14-acre kettle lake with forever green views, that’s stocked with bass and abundant with ducks, geese and other wildlife. Our lot offers panoramic water views from every rear window. We’ve worked hard since building new in 2005 to add dozens of upgrades, from granite, hardwoods, tile and a double master shower on the inside to a… -
How Long Does It Take To Hear If An Offer Is Accepted On A Short Sale?
8 Feb 2012 | 11:47 amQ: My agent submitted an offer on Thursday Feb 2, 2012 and noted a day response for the offer. My agent has left several messages with the listing agent and contacted his broker as well. It is now Monday,Feb, 6th and we have not heard anything nor do I/we even know if the offer as received? I am getting so frustrated at not knowing. The listing agent can at least call back, can you recommend anything at this point? My husband and I love the home.Thanks.–Destiny, Cherry Hill, NJ A: Dear Cherry Hill, NJShort sales are the worst to deal with in terms of timing of response and getting any… -
Homes that Rock: Five Stone-Driven Architectural Designs (PHOTOS)
8 Feb 2012 | 11:31 amBlending a home with the natural elements and materials of its environment is one of the foundations of organic architecture, but the process can present challenges when said natural elements are sheer cliffs, massive outcroppings and protruding boulders. However, REALTOR.com has identified five architectural wonders that buck conventional trends and conform to the tumultuous terrain. Each design is as uncommon as the next, but each shares one distinctive trait: they are homes that rock. Mountain Biker’s Mecca in Moab Rows of towering glass windows found within this architectural mecca (at…
