Mortgages & Markets
- $231B Funds from Private Real Estate Nowhere For Spending
- Private real estate funds had acquired more money to spend than ever before. However that was not necessarily positive news for the current real estate market. According to research firm Preqin, as of March, global private real estate investment funds had $231 billion in capital commitments from fund investors ready for easy spending. This was the highest in history and 10 percent more than December.
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- Ohio Real Estate Remains Positive In Q1 2016
- Ohio real estate was healthiest in Columbus, Dayton and Cleveland which were among the top 10 housing markets in the country. A Nationwide's latest Health of Housing Markets report found that Dayton had the nation's most stable housing market, followed by Yakima, Wash.; Cleveland; Saginaw, Mich.; and Syracuse, N.Y. Columbus ranked No. 10.
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- S&P/Case-Shiller: Home Prices Up 5.7% in January
- Home price appreciation in metropolitan areas in the U.S. kept pace with recent gains in the first month of the year as inventory remained low. The S&P/Case-Shiller 20-City Composite Index increased by 5.7 percent in January as compare from last year. This was roughly in line with most economists' expectations.
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- Colliers International Report Reveals Foreign Real Estate Investors Profile
- Foreign real estate investors, according to last week's federal budget earned half a million dollars. Colliers International recently conducted a study to measure the earnings of foreign real estate buyers. They utilized a private survey of offshore commercial investors that had put hard numbers on the table.
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- Egyptian Property Demand Boosts Further
- The Egypt property boom brought good news to Hisham Naguib and his sales team at the Cairo-based real-estate company Mountain View. With units already snapped up long before they were completed, last week's evaluation of the Egyptian compound boosted demand even further.
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- Commercial Real Estate: Las Vegas CBRE Becomes World's Largest Investment Firm
- Las Vegas commercial real estate experts had been cautiously optimistic about the industry's performance in 2016. Michael Newman, managing director of the Las Vegas office of CBRE Group, had led the firm to become the world's largest in commercial real estate services and investment.
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- Real Estate Technology: Xpressdocs, Chalk Digital Starts World's First Geo Targeted Mobile Ad Solution
- Real estate mobile ad solution giants Xpressdocs and Chalk Digital had forged an exclusive partnership enabling real estate and franchise clients to quickly, easily and affordably translate their print marketing campaigns into geo-targeted mobile advertisements.
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- Columbian Jaime Gilinski's Panama Project Branded 'Most Audacious Real Estate Venture In The World'
- Howard Air Force Base was known worldwide as a military installation right along the Panama Canal, where the United States fended off guerillas and fought off dictators. Sixteen years after the U.S. forces left, there is a new man in charge. Colombian businessman Jaime Gilinski plans to transform the base into a brand-new city. He had already accumulated $1.4 billion and there are billions still to come.
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- Hollywood Palladium Towers Approved Amidst Opposition
- Hollywood Palladium Towers is a mixed-residence slated for construction. It was dubbed as a shining example of excessive spending by advocates of the Neighborhood Integrity Initiative. However, despite the threat of the anti-development initiative on a future ballot, the Los Angeles City Council proceeded to approve the highly divisive two-tower project.
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- 2-Bedroom Rental Ad Goes Viral Due To Anti-Trump Credo
- 2-Bedroom rentals that are dog-friendly, hot tub-equipped, with organic garden space, and located Grand Junction, CO are hard to come by. Well, a landlord has recently advertised just that, but the accommodations are not for Donald Trump supporters.
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- Lake Tahoe 2016 Real Estate Market: Homebuyers Excited To Own Property,But Inventory Almost Zero
- Lake Tahoe's real estate markets started off 2016 on a positive note. Almost every metric revealed positive increases and buyer demand remained strong while inventory was close to non-existent.
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- ‘Corazón Sin Cara’ Prince Royce Lists Coral Gables Estate For $3.75M Following Property Tax Issues
- Prince Royce had listed his Coral Gables, FL, estate after a few years of legal issues left him owing over $40,000 in property taxes. The Latin pop royalty's four-bedroom designer pad is up on the market for $3.75 million and is listed with The Chad Carroll Group.
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- NASCAR Matt Kenseth Lowers North Carolina Home Price To $2.6M Following Race Issues
- NASCAR veteran Matt Kenseth had listed his house in Mooresville, NC at a lower price. The 7,613-square-foot house was briefly listed in 2014 for $2.8 million before being pulled from the market. The home is now back up for sale at a more affordable price of $2.6 million.
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- Commercial Real Estate Better, Safer Than Stocks
- Commercial real estate has become the fourth largest asset class in the United States behind stocks, bonds and cash. Over the last few decades, however, institutional investors represented only 10 percent of their holdings with regards to investments in commercial properties.
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- U.S. Taxes 2016: Texas Has Lowest Burden on Citizens
- With tax day coming closer, citizens have begun griping about why taxes are incredulously high in their states. The gut feeling of those who live in New York, New Jersey or Connecticut are spot on. Residents of the Golden State, on the other hand, are better off than New Yorkers, and Texans have everyone feeling jealous.
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