Office fundamentals have been posting consistent signs of recovery, with national vacancies falling by 30 basis points over 2011 to end the year at 17.3 percent. National effective rents have also been crawling upwards, rising by 2 percent. The risk that office properties will post income declines as leases roll over, however, is particularly high [...]
Big Bank Foreclosure Fraud, Robo-Signer Settlement Federal officials announced a $25 billion settlement Thursday with the five largest mortgage lenders over foreclosure abuses a deal that requires the banks to reduce some loans, send out checks to foreclosed Americans and refinance mortgages for underwater borrowers. Bank of America will pay the most to borrowers as [...]
If you’re searching for an active adult community with the scenic charm of the North Georgia mountains, Del Webb has the perfect opportunity for you at Village at Deaton Creek in Hoschton, Ga. We are unveiling the final phase on Jan. 28 during our VIP Grand Opening from 3 p.m. to 5 p.m. You’re invited [...]
Dar Al Arkan’s Q4 net profits fell 12.3 percent on lower land and residential sales Saudi Arabian real estate company Dar Al Arkan said on Wednesday its fourth quarter net profit fell 12.3 percent on the year due to lower land and residential sales. The kingdom’s largest listed developer said its profit for the final [...]
More houses were put up for sale in December 2011, but “unrealistic” asking prices are expected to hinder transactions, according to the Royal Institution of Chartered Surveyors. The number of new instructions edged higher for the third month in a row, Rics said, suggesting more sellers were coming on to the market in time for [...]
Sales are the lifeblood of every company. Without them, your business can’t exist for any sustainable period. Then obviously the most important task of every business day is to bring in more revenues and discover ways to even further accelerate that growth. Even in good times, securing sales can be a strenuous task. But in [...]
Think the banks are taking the Occupy Our Homes (a spin off from the Occupy Wall Street movement) seriously? You bet they are. Here is a confidential email that was sent to agents who are listing REOs for CitiBank. SUBJECT: Occupy our Homes As many of you have heard in the news, the Occupy Wall [...]