Archive for August, 2008
Mortgage Fraud Jumped 42% in Year
Reported incidents of mortgage fraud jumped 42% nationwide, with Florida reporting the highest number of cases, according to industry data.
Originally from WSJ.com: Real Estate on August 25, 2008, 7:35pm
Hedge Funds Help Fill a Gap
More investors seeking financing to acquire office towers, retail stores and hotels are left with little choice but to turn to so-called hard-money lenders, lightly regulated businesses that charge high interest rates for short-term loans. Among the biggest players in the hard-money arena are hedge funds.
Originally from WSJ.com: Real Estate on August 27, 2008, 6:16am
Fresh Powder for Ski Towns
Related has built signature buildings that helped to transform neighborhoods in Manhattan, Phoenix and South Florida. Now, the big-market developer is attempting a $3 billion redevelopment to transform Snowmass, Colo.
Originally from WSJ.com: Real Estate on August 26, 2008, 5:50pm
New York’s 9/11 Site Needed a Logue
Rebuilding Ground Zero is arguably the greatest political and bureaucratic fiasco in the history of the world. Planner Edward J. Logue would have provided the leadership that the 9/11 site needed desperately and never had.
Originally from WSJ.com: Real Estate on August 27, 2008, 5:40pm
Citigroup Veteran Takes Apollo Job
Apollo Management LP has hired a senior Citigroup Inc. executive to build its real-estate business.
Originally from WSJ.com: Real Estate on August 27, 2008, 6:11am
7 ZIPS up for home price; 45 for sales in mid-August
ZIP-by-ZIP sortable chart of the number of homes sold, and their median prices, for the 22 business days ending 13.
Originally from The Orange County Register - O.C. Real Estate News on August 28, 2008, 3:00am
Commuters’ home bargains out of fuel
Columnist Jon Lansner ponders the true value of commuting from Riverside’s cheaper, bigger homes.
Originally from The Orange County Register - O.C. Real Estate News on August 25, 2008, 3:00am
International Real Estate: For Sale in … Cuernavaca, Mexico
A Colonial-style house with a tennis court and a pool is on the market for $2,500,000.
Originally by By VIRGINIA C. McGUIRE from NYT > Real Estate on August 28, 2008, 1:09pm
In Corfu, a Two-Villa Retreat
A hilltop studded with olive trees in Corfu, one of Greece’s most popular islands, inspired a restless foreign correspondent to create a haven.
Originally by By NIKI KITSANTONIS from NYT > Real Estate on August 26, 2008, 11:41pm
Property Values: What You Get for … $900,000
A two-bedroom house in Alpine, Tex.; a four-bedroom house in Pittsboro, N.C.; and a five-bedroom house in Asbury Park, N.J.
Originally by By MIKE POWELL from NYT > Real Estate on August 26, 2008, 11:43pm