North America
William Koch building “Frontier Town” near Aspen, Colorado
Billionaire William Koch building “Frontier Town” near Aspen, Colorado Energy billionaire William Koch is developing a private Wild West town, with a saloon, jail and train station, high in the Rocky Mountains near Aspen. Mr. Koch, 72 anni, made his fortune partly by developing underground coal deposits in Somerset, Colorado, is building the frontier community; [...]
US Real Estate: Mortgage Rates Up Slightly
Mortgage rates continued to climb this week, with the average rate on the benchmark 30-year fixed mortgage rising for the third consecutive week, to 3.86 percent according to Bankrate.com’s weekly national survey. The average 30-year fixed mortgage has an average of 0.42 discount and origination points. The average 15-year fixed mortgage rate inched higher to [...]
RiverBend Ranch for Sale 214-acre Riverfront Ranch In Park City, Utah
RiverBend Ranch, a 214-acre ranch located along a half mile of the Weber River with a 16,800-square-foot designer-furnished estate, fenced pastures, trails and hillside ranges, just 25 minutes from the heart of Park City, home to the Sundance Film Festival, will sell during a live auction Without Reserve on September 14th, Concierge Auctions has announced. [...]
USA Real Estate: How to Buy Right
Don’t Forget The 3 Main Home Buying Aspects! By Megan Gates Elliman Brooklyn Real Estate It is important to make sure that you are doing as much research as possible when you are trying to buy a home. To be an educated buyer means that you will be able to get the best home possible [...]
Hovnanian Enterprises Inc. (NYSE:HOV) on New York Real Estate
Ara Hovnanian sells Manhattan townhouse, $17.9-M Ara Hovnanian, CEO of homebuilder Hovnanian Enterprises Inc. (NYSE:HOV), sold a townhouse in Manhattan’s West Village for $17.9m, a 15% discount from the listing price. The buyer of the 8,100-sq-ft (750-sq-meter) home on West 12th Street was listed as 16 West 12 Holdings LLC, according to New York City [...]
US Real Estate Will Rally in 2013
Economist Shayne Heffernan says it is time to take advantage of the cheap money on offer in the USA and buy real estate. Development and construction of commercial real estate – office, industrial and retail buildings – rebounded in 2011, the first year to post gains since the recession began in 2007, according to a [...]
CS, DBK, BCS, GS To Buy Fed Real Estate
Major EU banks preparing bids for real estate debt assumed by NY Fed CS, DBK, BCS, GS, AIG, JEF Deutsche Bank AG (NYSE:DBK), Barclays Plc (NYSE:BCS), Credit Suisse AG (NYSE:CS)are preparing bids for US$7.49-B of real estate debt assumed by the US Federal Reserve Bank of New York in Y 2008. It will likely take [...]
US Real Estate: Mortgage Rates Rise
According to the LendingTree Monthly Mortgage Review, average mortgage rates inched up in March, while more borrowers than ever took advantage of low Federal Housing Administration (FHA) loan rates. Even with the slightly higher rates experienced by the market in March, the average FHA 30-year fixed rate was just 3.85 percent, almost 50 basis points [...]
Ashton Kutcher buys Hollywood Mansion Before Bieber
Ashton Kutcher buys Hollywood Hills home “Two and a Half Men” star Ashton Kutcher has bought a home in the heart of the Hollywood Hills for an undisclosed amount. The house had most recently been listed at $10.8 million. The modern house, completed in 2007, has views of the Hollywood Reservoir and the Hollywood sign. [...]
USA Real Estate: New York Prices Fall
Manhattan apartment prices on the decline Manhattan apartment prices dropped in Q-1/ The median price of all condominiums and co-ops that changed hands in the Quarter ended 31 March fell 0.9% from a year earlier to $775,000 according to the data. Deals totaled 2,311, down 3.5% from Q-1 of Y 2011. Studios and 1-bedrooms accounted [...]
Lehman Brothers Holdings Inc. (PINK:LEHMQ): Setai in Trevi Luxury Real Estate Deal South Beach
Lehman Brothers Holdings Inc. (PINK:LEHMQ): Setai in Trevi Luxury Real Estate Deal South Beach Setai Owners LLC, a hotel company affiliated with Lehman Brothers Holdings Inc., today announced that the Setai Resort & Residences is under new management. The owner terminated its agreement with General Hotel Management, Ltd. and GHM (South Beach) LLC (“GHM”) today [...]
Real Estate News: Where are the Wealthy Buying?
Popular cities for the Ultra-Rich London is the most important City in the World according to the ultra-wealthy. The Wealth Report, a new study by Knight Frank Research and Citi Private Bank, list the 10 International cities that high-net-worth individuals consider the most important. The report surveyed individuals worth more than $25-Min investable assets to [...]
US Real Estate Undervalued as Prices Hit 10 Year Low
US home prices hit 10-yr low The US housing market started off the new year without any fanfare. Home prices dropped for the 5th month running in January, reaching their lowest point since the end of Y 2002. The average home sold in that month lost 0.8% of its value, compared with a month earlier, [...]
USA Real Estate: The Fed on Foreclosures and the Housing Market
Chairman Issa, Ranking Member Cummings, Congressman Towns, and members of the Committee, thank you for the opportunity to appear before you today to update the Committee on the Federal Reserve’s progress in implementing both the foreclosure review process as well as its progress in implementing the requirements of the enforcement actions that the Board issued [...]
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USD/ZAR South African Rand Outlook
Shayne Heffernan takes a look at the USD/ZAR
USD/ZAR closed above the upper band by 10.6%. Although prices have broken the upper band and an upside breakout is possible, the most likely scenario is for the current …
CommentaryInvestor Services
Best Hedge Funds 2013
Working with some of the World’s largest financial institutions HCM’s goal is to provide portfolio returns that exceed the S&P 500 Index benchmark while …
UAE Economy Seeing a Spring Boom
HBC
Driven by stable high Crude Oil prices, tourism, diversification and a liberal trade policy, the United Arab Emirates (UAE) witnesses an unprecedented …
Singapore
The FTSE Straits Times Index (STI) ended +4.93 points higher or +0.14% higher to 3,454.23, taking the year-to-date performance to +9.07%.
The FTSE ST Mid Cap Index gained …
The Hot List
Enviro-Serv Inc (OTCMKTS:EVSV), Medical Marijuana Inc (OTCMKTS:MJNA)
Enviro-Serv Inc (OTCMKTS:EVSV)
EVSV had a stellar dy yesterday, ut it looks like it is just the begining of big things, good …
shoutbox
Guest: bztg, come on shane, lite this puppy up. been waiting too long lets go!!!
Tue, 04/30/13 | 0 Comment
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Guest: gsat get it now. if u snooze u lose
Fri, 04/19/13 | 0 Comment
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