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FBI raids area's highest-priced home

James Fink Business First of Buffalo 02.07.2009
Finally, Home Price ETFs Start Trading

I had posted recently on an upcoming set of ETFs that would allow you to trade on the Case-Shiller home price index, which is meant to mimic the largest metropolitan areas in the US and be "generally representative" of the US housing market.

FBI raids area's highest-priced home

Agents from the FBI's Buffalo office have swooped down on a pair of Hamburg properties that, when sold last year, set a new benchmark for area residential real estate sales prices.

House Prices Decline Slowing

Gilbert Mercier NEWS JUNKIE POST 01.07.2009
Stabilising property prices to usher in first signs of growth in fourth quarter of 2009

Sherwoods Independent Property Consultants has announced that it has noted a steady shift of property prices in Dubai towards more reasonable levels, as the real estate market enters a new phase that will serve as a springboard to recovery. Sherwoods further expects to see concrete signs of growth in terms of property prices and real estate investments starting in the fourth quarter of 2009, even as it predicts 2010 to be a year of stabilisation and new direction for the real estate industry.

House Prices Decline Slowing

Data was released today by Standard & Poor’s for its home price index composite. This is the leading indicator for the US real estate market. It shows that although still negative, the annual decline of the 10-City & the 20-City composites improved.

Seattle Home Sales Slow as Prices Rise

Seattle region homes sold at the slowest pace in 15 years during May as bargain shoppers found a much lower supply of deeply discounted foreclosures than they would have in many other Western markets. Given the smaller impact from distressed homes, the region's price measures continued to hold up relatively well: The overall median sale price rose slightly from April and fell a relatively mild 11% below a year ago and 16% from the area's 2007 peak, a real estate information service reported.

Navi Mumbai real estate prices gaining ground

Mumbai: Notwithstanding the concerns over the proposed international airport in Navi Mumbai, real estate prices around the satellite city have rising for the past one month.

France: Real estate prices will drop 30 to 40% in the next 4 to 5 years

Real estate prices will drop 30 to 40 % in the next 4 to 5 years, said Jean Michel Guerin, president of the Particulier à Particulier group (a major French press group specialized in real estate classified advertisement). http://www.le-buzz-immobilier.com/wp-content/uploads/2009/06/bulle-immobiliere1.jpg

List Price Key In Real Estate Slowdown

When selling real estate, setting the right price is critical. If you get it wrong, you could lose out on potential buyers. NY1's Jill Urban filed the following report.

Is the housing bust about to take Manhattan?

Helen Chernikoff reuters 15.06.2009
Is the housing bust about to take Manhattan?

NEW YORK (Reuters) - New York City real estate prices are looking increasingly shaky as instability in two of the city's sexier submarkets -- second homes in the Hamptons, and new condos in Manhattan -- register the latest signs of a housing downturn.

Vail Valley Real Estate market analysis: price ahead of the curve

June 1, 2009 — News Analysis - According to Barron’s (11/24/08) the price of luxury homes (greater than $5 million) is down 20 percent since peaking in 2007 and expected to drop another 10-15 percent before bottoming out in 2010. Without further belaboring the dismal economic news and statistics from the last 3 months or so, we are possibly at the apex of the worst recession since the Great Depression.


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