Mon, Nov 24, 2014
A A A
Welcome hendrik.absolut
RSS
Real Estate Briefing 28.Mar 2012

Posted on 28 March 2012 by Laxman |  Email |Print

Jed KolkoDespite data that’s emerged over the last six months pointing toward a real estate recovery, Trulia recently found that the current market is not even halfway back to what the online listing service considers to be a normal state, and probably won’t fully stabilize until 2015.
Trulia’s Housing Barometer, which gauges the state of a real estate market recovery based on a few key metrics, found that the housing market has progressed just 34 percent of the way toward a complete recovery………………………………………..Full Article: Source

Posted on 28 March 2012 by Laxman |  Email |Print

Mark ZandiBidding wars, absent from most parts of the U.S. residential market since its peak in 2006, are erupting from Seattle and Silicon Valley to Miami and Washington, D.C. The inventory of homes hovers close to a six-year low, while an increase in jobs and record affordability are tempting more buyers.
The number of contracts to buy previously owned homes jumped 14 percent in February from a year earlier, the National Association of Realtors reported………………………………………..Full Article: Source

Posted on 28 March 2012 by Laxman |  Email |Print

The housing market started the new year with a thud. Home prices dropped for the fifth consecutive month in January, reaching their lowest point since the end of 2002.
The average home sold in that month lost 0.8% of its value, compared with a month earlier, and prices were down 3.8% from 12 months earlier, according to the S&P/Case-Shiller home price index of 20 major markets……………………………………….Full Article: Source

Posted on 28 March 2012 by Laxman |  Email |Print

A key measure of home prices in large U.S. cities fell to a new post-financial crisis low in January, the latest indication that the housing market continues to hunt for a bottom even as sales pick up.
Economists expected the drop and largely shrugged off the news that the widely followed home price index declined to a level lower than even during the depths of the financial crisis. The Standard & Poor’s/Case-Shiller index in January fell 0.8% from December and dropped 3.8% from January 2011………………………………………..Full Article: Source

Posted on 28 March 2012 by Laxman |  Email |Print

Home prices in 20 U.S. cities probably fell at a slower pace in the year to January, another sign of stabilization in the residential real estate market, economists said.
The S&P/Case-Shiller index of property values in 20 cities dropped 3.8 percent from January 2011, the smallest decline in three months, after decreasing 4 percent in the previous 12 months, according to the median forecast of 32 economists surveyed by Bloomberg News. Consumer confidence in March fell as gas prices climbed, another report may show………………………………………..Full Article: Source

Posted on 28 March 2012 by Laxman |  Email |Print

Patrick Newport, an economist with IHS Global Insight, talks about the outlook for the U.S. economy and housing market. Home prices in 20 U.S. cities dropped at a slower pace in January, pointing to stabilization in the real estate market, according to the S&P/Case-Shiller index of property values.
Newport speaks with Mark Crumpton on Bloomberg Television’s “Bottom Line.”……………………………………….Full Article: Source

Posted on 28 March 2012 by Laxman |  Email |Print

Everyone can agree that the housing market hasn’t fully recovered yet. But the mixed signals from the sector have made it much harder to tell how far we’ve come–and how far we still have to go.
On the one hand, demand is still weak: mortgage applications are down, housing prices have continued to fall, and rising foreclosures could depress them even further………………………………………..Full Article: Source

Posted on 28 March 2012 by Laxman |  Email |Print

The housing market peaked six years ago. That’s when my son—who has been out of college and working for two years—was back in high school. How long can a housing bust last?
There are some signs that the market is slowly getting better, if only at an uneven and halting pace. And that’s good news for everyone. Both buyers and sellers benefit from a healthy real estate market, ideally with a slow and consistent rise in prices………………………………………..Full Article: Source

Posted on 28 March 2012 by Laxman |  Email |Print

Mexico’s lone real estate investment trust is optimistic about prospects for growth in the sector, and could soon face competition for investors as at least one other trust lines up to list on the local stock exchange, officials said Tuesday.
Fibra Uno, which a year ago became the first real estate trust–”fibra” by its Spanish acronym–on the local market, last week conducted a follow-up primary offering of certificates for 8.9 billion pesos ($700 million) in a local and international placement………………………………………..Full Article: Source

Posted on 28 March 2012 by Laxman |  Email |Print

A growing number of lenders are beginning to open their spigots in Europe’s parched commercial-real-estate market, but the trickles are far from enough to satisfy most property investors.
Twenty-one European lenders—including eight German banks, five insurance companies and four new players—completed at least three deals of more than £30 million ($47.9 million) each over the past six months, according to a survey published by property-services company Savills PLC. The survey also found a further 50 senior-debt providers active in smaller- and medium-size deals………………………………………..Full Article: Source

Posted on 28 March 2012 by Laxman |  Email |Print

While there are signs of growth in the property sector, professionals need to be fully covered to guard against non-payment and other risks.
Property professionals are getting used to life after the housing boom with some surprising results. It seems small firms that have adapted are opening up a host of opportunities………………………………………..Full Article: Source

Posted on 28 March 2012 by Laxman |  Email |Print

Britain’s commercial property sector breathed a sigh of relief last week. The Budget didn’t contain any nasties for the country’s industrial landlords.
On top of that, official data showed that during the final three months of 2011, financial institutions made net commercial property purchases of more than £800m………………………………………..Full Article: Source

Posted on 28 March 2012 by Laxman |  Email |Print

Paris has overtaken London as Europe’s biggest real estate investment market, according to new figures released by property adviser CBRE on Tuesday. Investment in the French capital reached EUR 7.9 bn in the second half of 2011, up from the EUR 3.6 bn recorded in the first half of the year.
The surge in investment activity in Paris was most significant in the office sector and included both large portfolio and single-asset deals………………………………………..Full Article: Source

Posted on 28 March 2012 by Laxman |  Email |Print

Investors in non-listed real estate vehicles will allocate more to funds in Asia than to funds in Europe, according to a comparison of the two markets carried out by INREV.
The European Association for Investors in Non-Listed Real Estate Vehicles and its sister organization, ANREV – the Asian Association for Investors in Non- Listed Real Estate Vehicles………………………………………..Full Article: Source

Posted on 28 March 2012 by Laxman |  Email |Print

Slower growth and doubts about accounting are leading international investors to rethink China. That’s precisely what the Chinese themselves are doing. As they diversify beyond the borders of the Middle Kingdom, the value of global property assets could benefit.
Chinese companies are hiking the pace of international diversification. The value of outbound acquisitions exceeded that of inward deals in 2011, according to Thomson Reuters data………………………………………..Full Article: Source

Posted on 28 March 2012 by Laxman |  Email |Print

Premier Wen Jiabao’s tough stance on the property market at the National People’s Congress earlier this month signaled policies - such as limits on the number of homes a citizen can purchase - will not be eased in the short run.
Investments in the real estate sector as well as other related businesses including steel, cement, automotive and home appliances industries have been subdued. Construction that began on new homes registered a near-zero growth in the first two months of 2012, the slowest pace since 2009, figures from the National Bureau of Statistics showed………………………………………..Full Article: Source

Posted on 28 March 2012 by Laxman |  Email |Print

China’s booming economy is giving to the poor and taking from the rich when it comes to housing. Some 14% of both the rich and the poor said they had trouble affording shelter in 2011, according to a recent Gallup survey. That’s a dramatic change for each group in recent years, but the shifts were in opposite directions.
For the poor, 14% is half the percentage of people who didn’t have enough money to afford housing just three years earlier and down from 17% in 2009………………………………………..Full Article: Source

Posted on 28 March 2012 by Laxman |  Email |Print

Prime and mass-market private housing segments in Singapore are moving in different directions. The prime segment is suffering from lack of demand as foreign investors look at other markets, the mass-market segment is still enjoying healthy demand and price increases.
The additional buyers stamp duty is affecting foreign investment in the prime segment. Prime property accounted for 1 to 2 per cent of total developer sales, while foreign investors made up only 4 to 6 per cent of the caveats lodged during the first two months of the year………………………………………..Full Article: Source

Posted on 28 March 2012 by Laxman |  Email |Print

The World Bank is urging the national government to “carefully monitor” the real-estate industry as the country’s real-estate market may be showing signs of oversupply, which could jack up vacancy rates and mute rental growth starting this year until 2014.
In a special section in the Philippine Quarterly Update (PQU), the World Bank said that this year until 2014, an average of 470,000 sq m of new office spaces are lined up. However, only around 250,000 to 300,000 sq m are expected to be taken up and will cause higher vacancies and lower rental rate growth………………………………………..Full Article: Source

Posted on 28 March 2012 by Laxman |  Email |Print

Taiwan’s housing transactions may show a modest recovery from next quarter after a record number of Taipei residents voiced an interest in buying property, but said they would spend less on home purchases, a survey by Chinatrust Real Estate Co showed.
A majority of respondents nationwide, 52.15 percent, expressed an interest in buying property, with the figure standing at 67.7 percent for residents in Taipei, while price differences between sellers and buyers fell from 20 percent to 15 percent, the quarterly survey showed………………………………………..Full Article: Source

Posted on 28 March 2012 by Laxman |  Email |Print

Home owners and developers have felt the icy blast of the deteriorating conditions in the residential market which have triggered a rise in mortgage arrears and profit warnings.
Late payments on mortgages jumped unexpectedly at the end of last year despite a stable economy, a credit ratings agency said. The increase suggests mortgage pain is taking its toll on the already stagnant housing market……………………………………….Full Article: Source

Posted on 28 March 2012 by Laxman |  Email |Print

Latest figures from the Real Estate Institute of New Zealand show leading agency Bayleys has outperformed the market by a stunning margin.
Data released by the institute this month spotlights that there were 147 more farm sales (+72.1 percent) for the three months ending in February 2012 than for the three months ending February 2011. Overall, there were 351 farm sales in the three months to the end of February 2012, compared with 204 farm sales in the three months to February 2011………………………………………..Full Article: Source

Posted on 28 March 2012 by Laxman |  Email |Print

In pockets all across the planet, you’ll find amazing opportunities to make money from real estate. I’m talking about beautiful places tucked into lush jungle-clad hills, on white sandy coves, in bustling cities, and in small colonial towns.
These are markets on the upswing. The mainstream hasn’t heard of them yet. And in them today you’ll get excellent bang for your buck as well as great profit potential………………………………………..Full Article: Source

Posted on 28 March 2012 by Laxman |  Email |Print

Real estate is supposed to rival gold as one of the safest investments you can make. As the late rancher (and multimillionaire) Roy Rogers put it, “Buy land. They ain’t making any more of the stuff.”
So why does a brief observation of the housing market tell us otherwise? Foreclosure, subprime loans, predatory lending, defaults, homeowner assistance … all these terms have become part of the national lexicon in the last few years, leading the easily intimidated to think that it’s impossible to ever build wealth (or at least not lose it) via real estate………………………………………..Full Article: Source

See more articles in the archive

banner
November 2014
M T W T F S S
« May    
 12
3456789
10111213141516
17181920212223
24252627282930