* Interest in acquiring real estate revives, survey shows Apr 17, 2009
A series of interest rate and inheritance tax cuts has led an increasing number of people to express interest in buying property, with many no longer expecting a sharp decline in housing prices, a survey showed yesterday. The survey, conducted by Evertrust Rehouse Group (y), found that 60 percent of respondents said the next six months would be an opportune time to acquire real estate, up from 54 percent at the end of last year. (Taipei Times, Taiwan -- Sports)
Administrators combat challenges of landlocked expansion Apr 16, 2009
According to Brown, buying property and building has always been controversial, but without it, a university cannot grow. "You don't want to sit in the dormitory all day," Brown said. (The University Echo, TN)
Most reappraisal info available to homeowners Apr 14, 2009
Bucks said local Revenue Department staff members also can help people now who may be interested in buying property in another area and wonder how the values there may have changed under reappraisal. He suggested they first consult the basic county-by-county reappraisal average percentage increases on the Web site under Basic Changes in Property Values due to Reappraisal. (Helena Independent Record)
Huskies' pup Mar 30, 2009
Calhoun joked after the 82-75 victory against Missouri about buying property in Arizona. That's because his teams advanced from regionals in Phoenix during UConn's runs to national titles in 1999 and 2004. (USA Today -- Sports)
Real estate, stock mkt similar Mar 16, 2009
Buying property for investment purpose is not really on peoples mind in the current economic environment. With job security at stake, it is not advisable to commit any amount, however low the property prices or borrowing costs. (India Times)
The great school scam Mar 15, 2009
PARENTS are sharing houses, providing false addresses, renting and buying property in a fierce competition to secure a place for their children at some of Sydney's top comprehensive high schools. Schools including Cheltenham Girls, Burwood Girls, Epping Boys, Killara and Cherrybrook high schools perform well educationally and are being swamped with enrolment applications. (Sydney Morning Herald -- Australia)
Palm Coast offers breaks to unnamed company Mar 12, 2009
Although relocation sites in Michigan and Illinois also are under consideration, the company is close to buying property at the Hargrove Grade industrial park -- a sign the city's close to snagging the deal, City Manager Jim Landon said. Ten jobs are expected to be created in the company's first year with five coming on board in the second year and another 20 positions in the third year, according to city documents. (Daytona Beach News Journal)
Buying property early makes fin sense Mar 10, 2009
- Buying property early makes financial sense-ET Slide Shows-Features-The Economic Times ... Buying property early makes financial sense. (India Times)
5 ways to get great results from your Realtor Mar 9, 2009
Buying property be it a home, condo, or vacant land may be the biggest venture you ve ever taken on. You want to work with someone who is not only a good listener, but is reliable and trustworthy. (Lihue Garden Island, HA)
Women reaping benefits Mar 8, 2009
Single women buying property usually happens at a higher age bracket. Mostly the home loan applications come via the couple route. (India Times)
Idaho’s Tamarack Resort closes; workers cut loose Mar 5, 2009
Some homeowners are angry about buying property here, he said, but some are like him and just waiting for the market to turn around and resuscitate the development. There could be a white knight, Dvorak said. (Missoulian, MT)
Home sales, prices continue their slide Mar 4, 2009
However, Shapiro also said people are fearful of buying property. "People are sitting on the sideline unsure where the market is going," he said. (Honolulu Advertiser)
City must put brakes on institutional expansion Mar 2, 2009
Nearby Boston College, which is further expanding into Allston-Brighton, also refuses to stop buying property in the neighborhood. The city might not be able to prevent land banking by large institutions, though such a process often occurs through secret dealings or under the cover of a third party. (Boston Globe -- Editorial)
Employees to share health ins bills? Mar 2, 2009
Earlier, insurers were willing to offer group health cover at a loss-leading rates in exchange for companies buying property insurance cover. After the two-stage removal on pricing restrictions (detariffing) in 2007 and 2008, prices of property insurance have dropped as high as 80% in some cases. (India Times)
Buying property together Mar 2, 2009
Last Updated: 03:53pm 27 Feb 2009. 15 25 SPONSORED LINKS. (iAfrica.com)
Animal Lovers Unite Feb 28, 2009
"But $1 million can go fast when you're talking about buying property," she noted. It would be wonderful if the shelter was able to build an entirely new, thoroughly modern facility, because, among other things, it would enable the staff to create a better floor plan. (Missourian Publishing, MO)
Brisk auctioning since downturn Feb 28, 2009
In the past two months, people have become more cautious when buying property. They do not simply buy properties anymore and will normally wait for the properties to hit below market price first. (The Star Online, Malaysia)
Millions invested in transit fund Feb 27, 2009
ULC a nonprofit group affiliated with the Denver Foundation that buys, preserves and develops urban real estate is expected to be the sole borrower of the fund, and will be responsible for buying property for the TOD housing and partnering with local companies for site redevelopment. For the TOD housing project, the ULC will target three types of properties existing, federally assisted rental housing; unsubsidized rental properties; and properties that currently are vacant or used for commercial... (Denver Business Journal, CO)
Sacramento housing agency plans to spend $32M Feb 24, 2009
The agency will use $12 million to aid development firms in buying property in areas highly concentrated with duplexes or four-plexes that have a high rate of foreclosure, in order to consolidate the ownership and provide property management and oversight. The agency is working with EPO Development on two of the areas that have about 300 housing units and the agency itself owns many properties in a third area with a high concentration of this type of housing. (Sacramento Business Journal, CA)
Allston residents blast Harvard over slowed pace of expansion Feb 24, 2009
The largely hostile crowd accused Harvard of sucking the life out of a neighborhood now littered with empty university-owned storefronts, and implored the school to impose a moratorium on buying property until it completes a state-of-the-art science complex originally slated to open in 2011. The university, struggling to cope as its endowment plummets amid the recession, announced last week that it will probably slow, or even halt, construction of the science complex after the foundation work is... (Boston Globe)
Chinese want a piece of America Feb 13, 2009
While China's ultra-rich have been buying property in the U.S. for years, the buying tours are new, made attractive by still-rising Chinese income levels and American real estate prices that have been falling for two and a half years. More than 100 Chinese buyers have joined such tours since late 2008, according to Chen Hang, the China-born vice president of real estate at Fortune Group. (MSNBC -- Business)
Budget hotels may buck property trend Feb 12, 2009
He said that with the economy slowing down and interest rates increasing, most people will tend to put their money into banks, instead of buying property. Post Your Comments. (Jakarta Post, Indonesia -- Business)
Proposal for new firehouse at issue Feb 10, 2009
The district, home to the Enterprise and Hamilton firehouses, has submitted a 2009 budget that sets aside $150,000 toward the cost of buying property and constructing a new station -- about 8 percent of the total taxes it wants to collect in 2009. The owner of a property assessed at the $100,000 district average paid $490 for fire services last year. (NJ.com -- Times)
Pacific Ethanol may be in for bumpy ride in '08 Apr 1, 2008
Koehler said the company isn't opposed to buying property but is operating in regions with limited acquisition possibilities. The company's $14. (Fresno Bee)
East Sonora Bypass makes new headway Apr 1, 2008
Tuolumne County and Caltrans officials have taken the first steps toward buying property for the next section of the East Sonora Bypass. The County Transportation Council Wednesday approved an agreement with Caltrans to take over 14 appraisals of parcels along the project's path. (The Union Democrat)
Commissioners question former presiding commissioner’s road Mar 29, 2008
When I looked at buying property, a major consideration was whether my road would be paved, Fuerst said. We re looking for answers and help from you guys because Tony Crismon and Jon Rand and Century 21 have not followed through on their promises. (Waynesille Daily Guide, MO)
Sri Lankan real estate holds up in tense times Mar 28, 2008
" Prices - and profits - rose rapidly, too. "In its heyday, you were seeing 80 to 100 percent annual profit margins," Wickramasuriya said. In 2006, the cease-fire collapsed. The conflict has escalated and, while the market has lost its spectacular momentum, values have remained high. A new government in 2005 also re-introduced a stiff tax on foreigners buying property. "Before then, there had been this window of opportunity," Wilson said. "But then it closed, and now foreigners must pay a 100... (International Herald Tribune)
Plan works kinks out of 132 Mar 24, 2008
Buying property in the way and design could take three years for each of four project phases, plus three years more of construction for each phase. On the Net. (Modesto Bee, CA)
N. Jothi joins DMK Mar 22, 2008
The TANSI case related to Ms. Jayalalithaa buying property belonging to a government-owned entity. She later returned the land to TANSI.. (Hindu)
Former State Representative Fined for Ethics Violation Mar 22, 2008
State law prohibits the use of campaign fundsfor personal use, including buying property. In Goodman's case, the loans for the properties bought in 1998and 1999 remained in both their names. (KWTX.com, TX)
Library funding delayedJohnson budget has new timetable for expansion Mar 21, 2008
"They've talked of enlarging that site if they can, buying property in the area.". Delays or not, Freeny said she believes the county is still committed to a new or expanded library for Laurel. (Laurel Leader, MD)
PEGGY PEATTIE/ Union-Tribune Housing woes affect population Mar 20, 2008
Demographers say they're convinced that the change in people's moving patterns can be tied directly to the turbulence in the mortgage market, surging foreclosures and overall nervousness about buying property at a time when there seems to be no end to tumbling prices. These inland counties have been the leading edge of the housing crisis in the U.S., said California demographer Hans Johnson. (San Diego Union-Tribune)
City may buy land Mar 19, 2008
In some instances, that means buying property outright. Given its prime location, the Rea property had drawn the attention of developers. (Durango Herald)
Weak market to take toll on real estate Mar 18, 2008
"A crash of this magnitude is bound to have a fallout on the real estate market. The rationale is that when the stock market is bullish, people are more comfortable buying property. Now that there is a hit, the real estate market is bound to slow down.". He further added, "Investors have withdrawn from the real estate market. There may not be an impact on prices in south Mumbai, but certainly in other cities like Gurgaon, Noida, Bangalore and Hyderabad.". (India Times, India -- Intl Business)
Second Life founder steps back from CEO role Mar 18, 2008
Second Life lets users create avatars, or 3-D characters, that can speak with one another as they imitate other real-life actions, such as buying property. While admired for its concept, Second Life has also suffered from performance and security concerns. (Yahoo News -- Technology)
Catering to the foibles of celebrity real estate Mar 15, 2008
In one widely reported incident, a London tabloid reporter posed as an Arab sheik interested in buying property to gain access to an estate owned by Princess Michael of Kent. In London these days, prospective buyers often have to sign confidentiality agreements before they are even allowed to see a celebrity-connected property. (International Herald Tribune)
A breathtaking (long) view Mar 15, 2008
Clarke says that due to stubbornly high inflation, those holding onto existing portfolios or buying property now can expect the interest rate to rise by a further 0. 5 percent shortly. (iAfrica.com)
Letters to the Editor -- 3/14/2008 Mar 15, 2008
BD: I bet there will be a lot of wealth generated in the next 6-7 years from people buying property now and riding out the storm. Only a fool. (North County Times)
Flagler Beach, Daytona 'sundown' towns that segregated blacks Mar 7, 2008
Real estate covenants also restricted blacks from buying property on the peninsula. The Rev. Ronald Durham, the pastor of the Greater Friendship Baptist Church in Daytona Beach, said blacks knew there was an unspoken threat of violence if they were found in many local communities after sunset. (Daytona Beach News Journal)
O'Brien's blog Mar 6, 2008
Feeanch I came real close to buying property adjoining the Bonnaroo site in Manchester this time in 2005. If not for a drainage problem I might be typing from there now. (Atlanta Journal-Constitution -- Sports)
It's a red-hot buyer's market Mar 5, 2008
The combination of the strong Canadian dollar and plummeting real estate prices in the U.S. due to the sub-prime mortgage disaster has made buying property feasible again, especially in Florida and California where home prices had risen dramatically in recent years. But how long will this situation last. (Montreal Gazette)
ADOT struggles to sell parcels Mar 3, 2008
This year, the agency is buying property for four freeway projects: the South Mountain; the State 801 or so-called Interstate 10 reliever in the West Valley; Loop 303; and State 802, the Williams Gateway Freeway. ADOT keeps the land left over from construction until planners decide it's not going to be developed as part of the roadway. (AZCentral -- News)
* Who you gonna call? Mar 2, 2008
"And it rose." Many investors, he says, felt confident about buying property and made money as a result. This story has been viewed 298 times. (Taipei Times, Taiwan -- World)
Air show, hangar dance attract crowds to KH Feb 29, 2008
Weaver passed out business cards to visitors who asked about buying property in the area. When people asked about local restaurants, he told them what he knew. (Bradford County Telegraph, FL)
Nearly 100 attend town hall meeting Feb 29, 2008
We are looking into buying property in that area to build a fire station like the one in Resaca, Hood told the audience. He said they would also look into the possibility of building an all-in-one facility that could house the fire department, sheriff s deputies, and EMT s.. (Calhoun Times, GA)
Forest City funding a priority Feb 27, 2008
The Fresno City Council voted Tuesday to make Forest City's South Stadium project a funding priority and authorized the city's Redevelopment Agency to begin buying property within the project area. The council also directed city staff to work with Forest City to close a multimillion-dollar funding gap in the $237 million project by scouring state programs for grants and loans. (Fresno Bee -- Local)
HMRC buy stolen information from convicted fraudster Feb 27, 2008
Shortly afterwards the law caught up with him and he was fined 600,000 Swiss Francs for buying property with uncovered cheques. In November 2002, the Lichtenstein public prosecutor brought criminal charges against Keiber in relation to the Spanish property deal, upon which he fled the country. (Accounting Web, UK)
BAILOUT BLUES Feb 24, 2008
So now we must subsidize buying property. What about the rest of us who have 5 percent or better mortgages. (New York Post -- Opinions)
Modest tax increase could get DeKalb out of the red Feb 21, 2008
opportunities wrote on Feb 20, 2008 1:56 PM:" Fine. Cut the welfare to the downtown businesses plan (a.k.a. ReNew DeKalb) and forget about re-doing Locust Street. Stop giving away land for $10 and then telling us that is a great plan. If those dollar deals went for a few thousand, that would be a few thousand more for road salt. How much road salt does $5,000 buy? How much salt does $10,000 buy? Every penny, every dollar counts. Stop buying property, too (Locust, 1st Street St., the property... (DeKalb Daily Chronicle, IL)
* Hsieh says DPP's policy on nuclear power unchanged Feb 20, 2008
While it was government policy to encourage Chinese investment, Hsieh said his understanding was that Chinese investors would still be barred from buying property. Hsieh said he had always opposed Chinese investment in the real estate market because property would become less affordable for younger people if prices rose because of Chinese investors. (Taipei Times, Taiwan)
Body beautiful| Feb 15, 2008
If you like to follow your own lead, think carefully before buying property in complexes where a body corporate or a homeowners association (HOA) makes the decisions. Sectional title schemes are usually governed by a body corporate that enforces standards and rules, while cluster villages and estates are generally governed by a HOA, notes Berry Everitt, MD of the Chas Everitt International property group. (iAfrica.com)
County reviews its land policies Feb 14, 2008
That direction concluded a five-hour review of policies for appraising and buying property that critics say have the county paying peak prices for land in a depressed real estate market. "I don't think we should stop you from doing what you're doing," Commissioner Jackie Colon told Mike Knight, manager of the Environmentally Endangered Lands program. (Florida Today)
Friends get on the ladder Feb 11, 2008
Buying property with friends or relatives is increasingly popular as real estate prices soar. But beware, there are pitfalls. (Sydney Morning Herald -- Entertainment)
City Council meeting agenda Feb 10, 2008
Discussion concerning Road Home program buying property from property owners whose homes were destroyed by Hurricane Rita. I09-08 (Chris Duncan). (Sulphur Southwest Daily News, LA)
Stocks Rise, Led by Wesfarmers, Commonwealth Bank; AED, Telecom N.Z. Drop Feb 8, 2008
City Pacific may consider buying property developer Keith Williams' assets in Port Hinchinbrook, in Australia's Queensland state, after Williams said he wanted to sell parts of his project there, the Australian Financial Review reported. Coca-Cola Amatil Ltd. (CCL AU), Australia's biggest soft-drink maker, rose 5 cents, or 0. (Bloomberg -- Australia & New Zealand)
Rust Belt Fights Glut Of Abandoned Houses Feb 7, 2008
"The goal is, ultimately, we spent the last five years buying property, and we want to, in a really disciplined, aggressive way, be able to return those properties to some kind of private ownership," Deputy Mayor Andrew Frank said. Baltimore and Cleveland also have sued mortgage lenders, saying they're losing millions of dollars in tax money and in protecting or demolishing abandoned homes. (CBS News)
If you want to make a ton, invest in Hummers, mercury recycling and political investment parlors Feb 4, 2008
Global warming: I am now buying property in Groveland, which resides at an altitude of 3,000 feet. I plan to make a killing when this small, sleepy town of 3,500 people becomes the new oceanfront Santa Cruz of tomorrow. (Lodi News Sentinel, CA)
Bulldozer battle pushes Brits out of Spain Feb 3, 2008
Britons are being scared off buying property on Spain's Mediterranean coast, with the number of potential buyers plummeting after a series of corruption and planning scandals and the announcement of plans to demolish thousands of illegally built homes. New figures, released on Friday by the Costa del Sol Association of Constructors and Promoters, show a dramatic fall in the number of non-Spaniards purchasing villas and apartments in the popular tourist area. (Guardian Unlimited)
Illegals May Get Rebates as Part of Stimulus Package... Jan 31, 2008
The Saudis are buying property all over the US, China has our manufacturing, Mexico is our labor-pool, Japan is our car industry. The rage hear is much much too late. (The Drudge Report)
Controversial lifeWhat makes the millionaire Nicholas Van Hoogstraten tick? Jan 27, 2008
Just a year later he sold his astutely acquired stamp collection for 1,000 and embarked on a business career, buying property in the Bahamas. Now he is believed to have homes in Barbados, St Lucia, Florida, Cannes and Zimbabwe. (BBC News -- UK)
Ex-supt. says school price tag quite reasonable Jan 27, 2008
We spent about 7 million in all at Stokes-Beard, and that included buying property and all that as well. So, to build a school for almost three times as many students (for 22 million), that's a very reasonable amount. (Columbus Commercial Dispatch, MS)
Exchange rate treating Canadians kindly Jan 26, 2008
"We get a lot of calls from people buying property," Austin said. "Right now, with the housing situation as it is, if they have some bucks, this is a grand opportunity to be buying something in the sun.". (AZCentral -- Business)
Land owner battles with District preservationists Jan 25, 2008
Joanne S. Lawton Shotgun battle: Larry Quillian has been buying property along Pennsylvania Avenue SE since 1965 and is ready to cash in at today s prices. Just one small thing in his way: a 700-square-foot shotgun house. (Washington Business Journal, DC)
Winter Garden voters to pick mayor, commissioner Tuesday Jan 24, 2008
We should be buying property for schools, parks, fire and police stations now. Also, economic diversity - we do not have enough living-wage and higher-wage jobs in Winter Garden. (Winter Garden West Orange Times, FL)
40-acre rule still confusing, seven years later Jan 23, 2008
Someone buying property for a home in rural Warren County must buy no less than one acre of land. The code also requires that if a farmer would like to sell land to a non-farmer, he must set aside additional acreage that adds up to 40 acres. (Monmouth Daily Review Atlas, IL)
