Based on data from the Mortgage Bankers Association’s (MBA) latest Weekly Mortgage Applications Survey
Category Archives: Commercial Real Estate
Residential Mortgage Application Drops in U.S. as Rates Uptick
Posted in Commercial Real Estate Tagged beginning, highest, market, president, purchase, refinance-share, research, seasonally, since-the-week, spring, survey Leave a comment
Aldar’s 2010 Financial Results Reflect Severity of Abu Dhabi’s Real Estate Slowdown
Al Bandar (ABU DHABI, UAE) — Aldar Properties PJSC, Abu Dhabi’s property development, investment and Management Company, yesterday announced its full year results for 2010, reporting a loss of $370 million before impairments and fair value losses. The loss for the year, after recognizing the impairment and fair value losses, was $3.46 billion. In 2009 Aldar’s profit was $228 million
Posted in Commercial Real Estate Tagged a-positive-long, aldar, chairman, chairman-ahmed, commercial real estate, dhabi, during-the-year, international, island, luxury, management, million-at-year, uae, year Leave a comment
Home Values Continue to Drop in Q4; 27% of All U.S. Homes Now Have Negative Equity
According to Zillow’s fourth quarter Real Estate Market Reports, home values in the United States posted their largest quarterly decline since the first quarter of 2009, falling 2.6 percent as the temporary stimulus of the home buyer tax credits wore off. The Zillow Home Value Index declined 5.9 percent year-over-year in the fourth quarter to $175,200. Home values have fallen 27 percent since they peaked in June 2006
Deep Discounts Drive U.S. Vacation Home Market
Mercer Island, Washington Who would have thought it – Americans buying vacation homes during one of the country’s worst Recessions in 50 years? According to brokers polled by The Wall Street Journal, that is exactly what is happening today.
Posted in Commercial Real Estate Tagged a-rapid-pace-, a-record-deal, a-senior-vice, budge-on-price, country, herald-grant, hilton-head, island, mercer-island, pocono, realty, street, street-journal, vacation Leave a comment
Tokyo Surprises REIT Market With Plans for $1.8 Billion Property Fund
Tokyo skyline You don’t hear of many big real estate deals coming out of Japan these days as the once-booming island country strives to regain its economic balance. But an announcement from Tokyo-based Tokyo Land Corp., Japan’s fourth- largest developer, caught the attention of REIT market watchers
Home Price Index Posts Fifth Straight Monthly Decline in U.S.
CoreLogic (NYSE:CLGX) reported today that their December 2010 Home Price Index (HPI) showed U.S. home price declines for a fifth consecutive month.
Posted in Commercial Real Estate Tagged a-12-7-percent, a-bumpy-ride, a-year-ago-, december, five, hawaii, price, virginia Leave a comment
U.S. Foreclosure Inventory Rising for Sixth Consecutive Month, Says LPS Report
According to Lender Processing Services (NYSE:LPS) December Mortgage Monitor Report
Apartment Landlords in for a Good Year, Analysts Note
Newbury Common Apartment building values in the U.S.
Posted in Commercial Real Estate Tagged boston, commercial, commercial real estate, green-street, newbury-common, newbury-commons, street, year Leave a comment
JLL Sees Golden Rainbow Hovering Over Global Hotel Industry
Beach Resort & Spa Hotel developers, investors and franchisors are betting the barn their industry will turn around 180 degrees by 2012. For proof, just look at the recent headlines: transaction activity in Australia reached $1.3 billion during 2010, up 62.3% on 2009, representing the fourth biggest year on record for transaction volumes. Hotel Investors Optimistic About Future of the Canadian Economy.
Posted in Commercial Real Estate Tagged a-will-exceed, announces, australia, india, latin-america, luxury, night, travel-tripper, trends Leave a comment
