Real Estate News: Sheikh’s Palace a Sore Point in Seychelles

September 9th, 2010    Posted in Manhattan Distressed Properties, Manhattan Foreclosures, Manhattan REOs, Manhattan Real Estate News Here is a look at real-estate news in today's WSJ:

The Top 10 Most Global Cities

September 9th, 2010    Posted in Manhattan Distressed Properties, Manhattan Foreclosures, Manhattan REOs, Manhattan Real Estate News As we head into the century of the megacity, Foreign Policy magazine ranks the the world's most global cities.

Builders Brief Land Buying Spree Gets Grounded

September 8th, 2010    Posted in Manhattan Distressed Properties, Manhattan Foreclosures, Manhattan REOs, Manhattan Real Estate News The days of frenzied land deals that we saw earlier in the year are over.

Hedge Funds Can’t Always Save Home Builders

September 8th, 2010    Posted in Manhattan Distressed Properties, Manhattan Foreclosures, Manhattan REOs, Manhattan Real Estate News Dozens of home builders gone under. Some of them have turned to private capital for a way out, but hedge funds can’t always be saviors.

D-Back Second Basemen Scores Rent-Free Home at Reno Clubhouse

September 8th, 2010    Posted in Manhattan Distressed Properties, Manhattan Foreclosures, Manhattan REOs, Manhattan Real Estate News Arizona Diamondback second basemen Ryan Roberts lived in the clubhouse for the Reno Aces, a minor-league ball team in Nevada, earlier this year.

Purchase Mortgage Applications Post Largest Rise Since May

September 8th, 2010    Posted in Manhattan Distressed Properties, Manhattan Foreclosures, Manhattan REOs, Manhattan Real Estate News The anemic housing market showed a few signs of life last week, with near-record low mortgage rates boosting new home-purchase applications.

Real Estate News: Hotels Poised to Shed Properties

September 8th, 2010    Posted in Manhattan Distressed Properties, Manhattan Foreclosures, Manhattan REOs, Manhattan Real Estate News Here is a look at real-estate news in today's WSJ:

Omni’s Potent Play

September 8th, 2010    Posted in Manhattan Distressed Properties, Manhattan Foreclosures, Manhattan REOs, Manhattan Real Estate News Closely held Omni Hotels & Resorts is fast becoming a big player in the U.S. market for owning and operating convention-center hotels.

Housing Inventories Rise for Eighth Straight Month

September 7th, 2010    Posted in Manhattan Distressed Properties, Manhattan Foreclosures, Manhattan REOs, Manhattan Real Estate News Housing inventories rose in many U.S. cities for the eighth straight month in August in a sign of the continued headwinds facing a soft housing market.

Home Buyer Tax Credit Price Tag: $22 Billion

September 7th, 2010    Posted in Manhattan Distressed Properties, Manhattan Foreclosures, Manhattan REOs, Manhattan Real Estate News The total estimated cost of the home buyer tax credits is about $22 billion, according to a report released by the Government Accountability Office last week.

Real Estate News: Good News About Rising Mortgage Rates

September 7th, 2010    Posted in Manhattan Distressed Properties, Manhattan Foreclosures, Manhattan REOs, Manhattan Real Estate News Here is a look at real-estate news in today's WSJ:

Sunstone’s Deal for Big San Diego Hotel Scuttled

September 3rd, 2010    Posted in Manhattan Distressed Properties, Manhattan Foreclosures, Manhattan REOs, Manhattan Real Estate News All isn’t sunny in San Diego. Developer Doug “Papa Doug” Manchester’s deal to sell the Manchester Grand Hyatt convention center hotel in San Diego to Sunstone Hotel Investors Inc. is off.

A Grain of Salt on Thursday’s Pending Sales Report

September 3rd, 2010    Posted in Manhattan Distressed Properties, Manhattan Foreclosures, Manhattan REOs, Manhattan Real Estate News Economist David Rosenberg urged a note of caution when reading Thursday's positive pending home sales report.

Real Estate News: Mortgage Rates Fall to 4.32%

September 3rd, 2010    Posted in Manhattan Distressed Properties, Manhattan Foreclosures, Manhattan REOs, Manhattan Real Estate News Here's a look at the real estate news in today's WSJ.

Real Estate News: Pending Sales Rise in July

September 2nd, 2010    Posted in Manhattan Distressed Properties, Manhattan Foreclosures, Manhattan REOs, Manhattan Real Estate News Here's a look at the real estate news in today's WSJ:

Residential Properties Ltd.

Pending Home Sales Rise in July: Stocks gained on Thursday after the National Association of Realtors reported that pending sales rose by 5.2% in July. Five Mistakes Home Buyers Make: From snubbing the real-estate agent, to failing to determine how much a buyer can truly afford, this list should help avoid some common pitfalls. Surprising Shelter: Real-Estate Funds Gain: Despite continued bad news about the economy and real estate's role in it, mutual funds and exchange-traded funds in the real-estate sector have rebounded during this past year. Fed's Pianalto: Multiple Solutions Needed on Housing: The housing crisis needs multiple, coordinated policy solutions, Federal Reserve Bank of Cleveland President Sandra Pianalto told a conference on Thursday. House of the Day: Providence Poet House: The poet who's lived in this 6,800-square-foot former carriage house finds it well-suited for writing. The Rhode Island home features seven bedrooms and an indoor fire pit.

Builder Bummer: Big Land Auction Cancelled

September 1st, 2010    Posted in Manhattan Distressed Properties, Manhattan Foreclosures, Manhattan REOs, Manhattan Real Estate News Today we wrote about the excitement surrounding a big California land auction that was set for Thursday. Well, the bidders should just stay home.

One Michigan County Offers Free Land

September 1st, 2010    Posted in Manhattan Distressed Properties, Manhattan Foreclosures, Manhattan REOs, Manhattan Real Estate News Muskegon County in Michigan is bartering land for jobs as its unemployment rate soars past the national average.