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James Kimmons

Real Estate in the News 1/14/2013

By January 14, 2013

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Check these posts: What's Ahead For CMBS And Commercial Real Estate In 2013 - Seeking Alpha on Jan 13, 2013 at Real Estate:

What's Ahead For CMBS And Commercial Real Estate In 2013
Seeking Alpha
There are two widely talked about reasons for spread tightening that generally apply to most of the spread products, and a third one that is specific to and very important for CMBS and commercial real estate. First driver of spread tightening is the ...

 

Greenwich Real Estate Market In $3 to 10 Million Range Takes Off - Patch.com on Jan 13, 2013 at Real Estate:

Greenwich Real Estate Market In $3 to 10 Million Range Takes Off
Patch.com
GREENWICH, CT REAL ESTATE MARKET REPORT. I'm a visual thinker so charts and maps help me get a handle on how each price range is doing and where the sales are happening. In Greenwich, the under $1 million range was strong all year and as a ...

 

Real Estate - Orlando Sentinel on Jan 13, 2013 at Real Estate:

Real Estate
Orlando Sentinel
Mccoy Road II LLC (Keith Olsen of Intervest Bank in Clermont) purchased vacated hotel at 3835 McCoy Road, near entrance of International Airport on Jan. 2 for (35K of doc stamps) from Jodie and Anthony McCoy of Clermont. The property consists of 335 ...

 

and more »

Rio de Janiero's "Favelas" Transform from Slums to Real Estate Hot Spots - Fox News on Jan 13, 2013 at Real Estate:

Rio de Janiero's "Favelas" Transform from Slums to Real Estate Hot Spots
Fox News
But since 2011, police have seized control of dozens of favelas from drug gangs, and things have changed so dramatically that some of the slums are now seen as hot real estate investments -- so hot, in fact, that two Europeans recently locked horns in ...

 

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10 Washington area real estate projects to watch in 2013 - Washington Post on Jan 13, 2013 at Real Estate:

10 Washington area real estate projects to watch in 2013
Washington Post
All the 2012 data for commercial real estate in Washington is in and the prognostications for 2013 are, well, rather blah. For anyone watching the federal government, that should be of little surprise: the debt ceiling continues to be a threat ...

 

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China Real Estate Tax Expansion Difficult - Fox Business on Jan 13, 2013 at Real Estate:

China Real Estate Tax Expansion Difficult
Fox Business
Authorities are widely expected to expand the current trial of imposing a real estate tax in two cities, Shanghai and Chongqing, to more cities this year. Such a tax would offer a lifeline to local governments that have been badly hit by dwindling ...

 

and more »

Friends Remember SD Real Estate Mogul - KELOLAND TV on Jan 13, 2013 at Real Estate:


KELOLAND TV
Friends Remember SD Real Estate Mogul
KELOLAND TV
Friends and former competitors remember the life of Don Dunham Jr, the real estate mogul who helped develop downtown Sioux Falls and beyond. Dunham died suddenly Saturday after complications from surgery. A friend and former colleague turned ...

 

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China's Poly Real Estate says 2012 profit up nearly 30 pct - Reuters on Jan 13, 2013 at Real Estate:


Morning Whistle
China's Poly Real Estate says 2012 profit up nearly 30 pct
Reuters
SHANGHAI Jan 14 (Reuters) - China's Poly Real Estate Group , the country's second biggest property developer by market capitalisation, said its 2012 net profit rose nearly 30 percent, adding to signs that the sector is recovering. Beijing-based Poly ...
China's Poly Real Estate reports USD1.4b profit in 2012MENAFN.COM
Poly Real Estate profits rise 28.69%China Daily
Poly Real Estate profits up 28 pct for 2012Morning Whistle

 

all 5 news articles »

Leelanau Leads Real Estate Sales Surge - Traverse City Ticker on Jan 13, 2013 at Real Estate:


Traverse City Ticker
Leelanau Leads Real Estate Sales Surge
Traverse City Ticker
You've been hearing for years now that the local real estate market "is back," but now there's evidence to prove it. Single-family home sales in the five-county region surged 26 percent in 2012, led by strong growth in Leelanau County. Numbers compiled ...

 

Vail Valley Vocies: Vail real estate business rising - Vail Daily News on Jan 14, 2013 at Real Estate:

Vail Valley Vocies: Vail real estate business rising
Vail Daily News
In Colorado, the six north-central mountain counties where the core of the resort industry is located have all shown increases in real estate sales. Other major Western mountain resort areas such as Sun Valley, Idaho and Jackson Hole, Wyo., are also ...

 

An Overview of the Self-Storage Real Estate Market in British Columbia Canada - Inside Self-Storage on Jan 14, 2013 at Real Estate:

An Overview of the Self-Storage Real Estate Market in British Columbia Canada
Inside Self-Storage
... of challenges, including site selection, rising land and construction costs, and taxes. This article takes a closer look at the real estate market in British Columbia, examining supply and demand, rental and occupancy rates, acquisitions, and new ...

 

REAL ESTATE BLOG - Crain's Cleveland Business (blog) on Jan 14, 2013 at Real Estate:

REAL ESTATE BLOG
Crain's Cleveland Business (blog)
The Cleveland real estate market continues to evolve with signs of progress and excitement on the horizon. As our regional and national economy keeps gaining momentum, these local signs of hope allow us to proceed confidently in the promise that ...

 

UPDATE 1-Poland to float up to a quarter of real estate firm PHN - Reuters on Jan 14, 2013 at Real Estate:

UPDATE 1-Poland to float up to a quarter of real estate firm PHN
Reuters
The firm, created in 2011 when the Polish government pooled together 180 different real estate and land holdings, said in a statement it would be floated on the Warsaw bourse in the first quarter. "After the offering, the selling shareholder intends to ...

 

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Where the Money Lives: New York Real Estate Today - Newsweek on Jan 14, 2013 at Real Estate:


Newsweek
Where the Money Lives: New York Real Estate Today
Newsweek
After shlomo Ben-Haim, an Israeli scientist-entrepreneur, made millions selling a medical-device company he'd founded with his brother, a London-based lawyer, he agreed to invest $28.9 million of the proceeds in a nine-room, four-bedroom penthouse on ...

 

Rutgers Business School to Launch MBA Concentration in Real Estate - FIND MBA on Jan 14, 2013 at Real Estate:

Rutgers Business School to Launch MBA Concentration in Real Estate
FIND MBA
The new concentration will be offered as part of a larger push into real estate research. In addition to the new concentration, the school has established a new faculty position in real estate, plans to build a real estate research center, and will ...

 

Head Chef, Real Estate Assistants Needed In Brookhaven - Patch.com on Jan 14, 2013 at Real Estate:

Head Chef, Real Estate Assistants Needed In Brookhaven
Patch.com
A head chef/kitchen manager is needed for new concept that is coming to the Brookhaven area. Candidate must have strong understanding of various meats, including hamburger, pastrami and corned beef. Candidate must also have an in-depth ...

 

Last year's late real estate sales uptick helps fill city coffers - Aspen Daily News on Jan 14, 2013 at Real Estate:

Last year's late real estate sales uptick helps fill city coffers
Aspen Daily News
The flurry of commercial real estate sales in the city of Aspen late last year padded the coffers of both the local affordable housing fund and the Wheeler Opera House, blowing original budget projections out of the water. Commercial real estate sales ...

 

New Real Estate Listings in Barrow County: Jan. 14, 2013 - Patch.com on Jan 14, 2013 at Real Estate:

New Real Estate Listings in Barrow County: Jan. 14, 2013
Patch.com
These listings are courtesy of AOL Real Estate.

 

Evergrande Real Estate: Targeting CNY100 Billion Sales for 2013 - Fox Business on Jan 14, 2013 at Real Estate:

Evergrande Real Estate: Targeting CNY100 Billion Sales for 2013
Fox Business
Chinese authorities have been restricting sales and bank credits as part of efforts to keep housing prices in check and head off social unrest amid high property prices. But the real estate market began to show fresh signs of warming in the second half ...
Townization Benefiting Real Estate Industry, Wanke and Evergrande Gaining ...The Herald | HeraldOnline.com

 

all 13 news articles »

Erie County Real Estate Transactions - Buffalo News on Jan 14, 2013 at Real Estate:

Erie County Real Estate Transactions
Buffalo News
Following are real estate transactions over $5,000 as listed in records of the Erie County Clerk's Office for the week ending Dec. 7. Tweet. options. AKRON • 67-71 Main St., Carol F. Marconi; Dante A. Marconi to Middaugh Properties, $110,000. AMHERST ...

 

Niagara County Real Estate Transactions - Buffalo News on Jan 14, 2013 at Real Estate:

Niagara County Real Estate Transactions
Buffalo News
Niagara County Real Estate Transactions. Following are real estate transactions over $5,000 as listed in records of the Niagara County Clerk's Office for the week ending Nov. 30. Tweet. options. HARTLAND • Stone Road & Ridge Road, Diane L. Munn; ...

 

Sold! Shorewood Area Real Estate Transactions: Jan. 14 Edition - Patch.com on Jan 14, 2013 at Real Estate:

Sold! Shorewood Area Real Estate Transactions: Jan. 14 Edition
Patch.com
These properties were sold in Shorewood recently, according to county property records. 1606 Fieldstone Drive, $96,250; 643 Brook Forest Ave., $2,330,000; 20956 Lee St.

 

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Argentine Real Estate Activity Sharply Falls - World Property Channel on Jan 14, 2013 at Real Estate:

Argentine Real Estate Activity Sharply Falls
World Property Channel
One thing Argentines will be looking to put far behind them as the New Year begins is last year's real estate sector performance. According to a recent report, real estate activity in 2012 fell approximately 40%, making it one of the sector's worst ...

 

and more »

Trepp and Rockport Create Joint Venture to Deliver Commercial Real Estate ... - Fort Mills Times on Jan 14, 2013 at Real Estate:

Trepp and Rockport Create Joint Venture to Deliver Commercial Real Estate ...
Fort Mills Times
TreppPort's platform leverages two solid foundations to assess an institution's entire commercial real estate (CRE) exposure, whether in the form of on-book senior loans, mezzanine debt, CMBS bonds or CRE equity. TreppPort integrates clients' CRE ...

 

and more »

Wells Fargo profit jumps but mortgage lending slips - Reuters on Jan 11, 2013 at Mortgage News:


Wall Street Journal
Wells Fargo profit jumps but mortgage lending slips
Reuters
Wells is the first big U.S. bank to report fourth-quarter results, and its report reflects how banks are relying more on fees from mortgages and service charges to increase revenue, and less on interest income. Low interest rates are pressing on the ...
Home-Loan Pipeline Shrinks at Wells FargoWall Street Journal
Wells Fargo's profit rises, but mortgages slowSioux Falls Argus Leader
Wells Fargo's Q4 tops Street views, but net interest margin fallsProactive Investors USA & Canada
Daily Beast -New York Times -The Star-Ledger - NJ.com
all 1,091 news articles »

How Do I Determine Which Mortgage Option Is Best? - Go Banking Rates on Jan 13, 2013 at Mortgage News:


Go Banking Rates
How Do I Determine Which Mortgage Option Is Best?
Go Banking Rates
At the height of the bubble, creative loans and exotic mortgages were the rage. Banks offered liar's mortgages (no proof of income required), interest-only mortgages, no down payment mortgages, teaser rates, balloon mortgages, adjustable rate mortgages ...

 

Assuring consumers have access to mortgages they can trust - Clarksville Online on Jan 13, 2013 at Mortgage News:


Plain Dealer
Assuring consumers have access to mortgages they can trust
Clarksville Online
In the wake of the financial crisis, credit is achingly tight. Interest rates are low, but it is hard to qualify for a home mortgage. As the American mortgage market ebbs and flows, we have the duty to protect responsible lending in the housing market ...
New mortgage rules are step forward for housingCBS News
3 Tips to Get the Most From Your MortgageMotley Fool
TERRY SAVAGE: New mortgage rules will help banks, borrowersChicago Sun-Times
OCRegister -Wall Street Journal (blog) -Plain Dealer
all 782 news articles »

CMC puts back interest-only campaign - Mortgage Strategy on Jan 13, 2013 at Mortgage News:

CMC puts back interest-only campaign
Mortgage Strategy
Claims management company Money Boomerang says its TV campaign, targeting interest-only mortgage claims, has been pushed back to February. The CMC announced in November that it would be launching the TV campaign in late November, in order to ...

 

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Great value mortgages are making their way to market - CITY A.M. on Jan 13, 2013 at Mortgage News:


CITY A.M.
Great value mortgages are making their way to market
CITY A.M.
The costs of fixed-rate mortgages, in particular, have dropped so low that they may be preferable to the more high-risk, variable rate option. Indeed, whereas customers would previously pay a high premium for the security of fixed-rate, interest rates ...

 

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Mortgage borrowers locked into high rates - Telegraph.co.uk on Jan 14, 2013 at Mortgage News:


Telegraph.co.uk
Mortgage borrowers locked into high rates
Telegraph.co.uk
Whoever shouts loudest gets the best rates." Millions of mortgage prisoners are trapped on punitive interest rates, despite a strict order from regulators that captive customers must be treated fairly. More than four million home owners face interest ...

 

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FHFA Mortgage Rates Decline in November - LoanRateUpdate (press release) on Jan 14, 2013 at Mortgage News:

FHFA Mortgage Rates Decline in November
LoanRateUpdate (press release)
(January 14, 2013) The average interest rates for conventional 30-year fixed rate single-family, fully amortized, purchase-money mortgages decreased from 3.58 percent in October to 3.54 percent in November according to the Federal Housing Finance ...

 

Nearly 30% in US seen as cleared of mortgages - Buffalo News on Jan 14, 2013 at Mortgage News:

Nearly 30% in US seen as cleared of mortgages
Buffalo News
Delia Fernandez, a certified financial planner in Los Alamitos, Calif., said that even with interest rates so low, those seeking her guidance for retirement often want to pay off debts. And that makes sense, particularly for those nearing retirement ...

 

and more »

Wells Fargo Refinance Mortgage Rates Today - Tell Me News on Jan 14, 2013 at Mortgage News:


Tell Me News
Wells Fargo Refinance Mortgage Rates Today
Tell Me News
5/1 Adjustable Rate Mortgages are 2.000% at Wells Fargo with a starting APR of 3.041%. The 5 year FHA ARMs can be had for 2.250% with a starting APR of 2.579%. Standard 30 year refinance fixed rate mortgage interest rates have been published at ...
Mortgage Rates at Wells Fargo and Bank of AmericaPress Blue
Big banks on thin ground with marginsFinancial Times
Banks prepare for earnings; mortgages cast a pallDailyFinance
USA TODAY -World News Resource -Seeking Alpha
all 73 news articles »

Mortgage Rate Summary for Suntrust, GMAC and PHH - Tell Me News on Jan 14, 2013 at Mortgage News:


Tell Me News
Mortgage Rate Summary for Suntrust, GMAC and PHH
Tell Me News
The best 30 year refinance fixed rate mortgages at GMAC start at 3.625% today with an APR of 3.703%. The short term, popular 15 year refi FRM interest rates are listed at 3.250% yielding an APR of 3.354% today. 5 year refinance Adjustable Rate ...
Current Mortgage Rates at PHH Mortgage Best of ClassPress Blue
Time to fix mortgage has comeNew Zealand Herald
PHH Mortgage Rates and Refinance Deals TodayWorld News Resource

 

all 25 news articles »

 

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