Real Estate

United States

It's tax time again

Eric J. Weilbacher The Herald-Zeitung 06.01.2010
It's tax time again

Between the first-time homebuyer credit and the estate tax exemption, property owners at both ends of the financial spectrum are set to benefit from changes in the tax code.

Fed gloomy on R.I. office-leasing outlook

BOSTON – The Federal Reserve Bank of Boston has offered a gloomy short-term outlook for the commercial real estate market in Providence in its periodic survey of economic conditions in New England.

Home sales rise 9.2% in Springfield; median price up nearly 3.2%

SPRINGFIELD – Single-family home sales in Springfield rose 9.2 percent in September, from 87 in September 2008 to 95 last month, according to real-estate statistics released Tuesday by the Warren Group.

11 top real estate projects noted for excellence, contribution to North Bay

NORTH BAY – The Business Journal will honor 11 North Bay real estate projects and the key industry players who made them possible at its fourth-annual 2009 Top Projects Awards reception on Dec. 10.

Record NYC real estate deal now on the rocks

DAVID B. CARUSO The Associated Press 26.10.2009
New Bluffton Real Estate Agents Announced by Foundation Realty

Foundation Realty, an innovative Hilton Head Island based real estate firm announces the recent addition of two new real estate professionals that will specialize in serving the needs of clients in the growing Bluffton, SC market.

Record NYC real estate deal now on the rocks

NEW YORK — It was the most expensive real estate deal in U.S. history. Now it's poised to become one of the biggest flops.

Ironshore to Write Property Insurance at Lloyd''''s

Ironshore Inc. said it's gotten the green light to write direct and facultative property business on behalf of its Pembroke Lloyd's Syndicate effective Oct. 1.

Real Estate 'Vulture' Funds Face Unexpected Competition from Builders

Funds set up to invest in distressed real estate are running into some unexpected competition – national builders that, far from being on the ropes, have hoarded cash and are now aggressive in the market.

Winter real estate

Denise Abbott Hollywood Reporter 16.10.2009
Winter real estate

Forty-two stories above the bustling Avenue of the Stars, workers in hard hats are toiling away on Candy Spelling's new digs. The widow of TV mogul Aaron Spelling has set a record with her $47 million purchase of the top two floors at the Century, an ultra-luxury residential tower nearing completion next door to the Century Plaza Hotel. It may sound ludicrous that a $47 million purchase could signify a simplified lifestyle, but that's exactly what it means. At 16,500 square feet, Spelling's new home is less than a third the size of her previous residence but it offers, as she says, "ultimate luxury."

Extend the Homebuyer Tax Credit ... because it is working

The federal Homebuyer Tax Credit should be extended, argues Washington Treasurer James McIntire. The credit has helped to boost Washington's economy and will also help shore up state revenues, which took a hit as housing sales cooled.

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