U.S. Home Builders Get Some Good News Today, New Home Sales Were Up in June

Posted by Michael Gerrity 07/26/10 1:30 PM EST

The National Association of Home Builders got some much needed good news today from the U.S. government. Coming off an historic low in May, sales of newly built, Read More

U.S. Government Reports Annualized 'New Home Sales' Rate for June is 330,000 Units, a 23% Increase Over May

Posted by Michael Gerrity 07/26/10 12:58 PM EST

According to data from according to the U.S. Census Bureau and the Department of Housing and Urban Development, sales of new single-family houses in June 2010 were at a seasonally adjusted annual rate of 330,000. Read More

South Beach Condo Sales up 200% in Q-2, Prices Holding Firm at $1,365 a Square Foot

Posted by Michael Gerrity 07/26/10 12:53 PM EST

(MIAMI, FL) -- According to a new Condo Vultures report, South Beach new condo sales doubled ... Read More

'The Hamptons' Home Sales Spike 89.6% Year-over Year in Q2

Posted by Michael Gerrity 07/23/10 8:30 AM EST

According to a new report released this week by Prudential Douglas Elliman, price indicators rose as number of sales increased sharply in the Hamptons and Northfork real estate markets in the 2nd quarter of 2010. Read More

Florida's Existing Home Sales Rise 15% in June, Median Price Rise 2.1%

Posted by Michael Gerrity 07/22/10 4:53 PM EST

(ORLANDO, FL) -- Sales of existing homes in Florida rose 15 percent in June, marking 22 consecutive months that sales activity has increased in the year-to-year comparison, according to the latest housing data released by Florida Realtors. Read More

New York State Reports Strong Q2 Home Sales

Posted by Michael Gerrity 07/22/10 4:34 PM EST

According to preliminary single-family sales data accumulated by the New York State Association of Realtors (NYSAR), the New York state housing market continued its strong start to 2010 as second quarter sales, Read More

California's Median Home Price Jumps 13.6% in June, Sales Dip 4.2%

Posted by Michael Gerrity 07/22/10 4:30 PM EST

According to the California Association of Realtors (CAR), existing home sales decreased 4.2 percent in June in California compared with the same period a year ago, while the median price of an existing home rose 13.6 percent.Quick Facts:Existing, single-family home... Read More

Long-term Mortgage Rates Reach New Record Lows, Says Freddie Mac

Posted by Michael Gerrity 07/22/10 4:14 PM EST

According to Freddie Mac (OTC:FMCC) latest Primary Mortgage Market Survey (PMMS), the 30-year and 15-year fixed-rate mortgages reached record lows not seen since the survey began in 1971. Read More

Existing Home Sales Drop 5.1% in June, Home Inventory Rises 2.5%

Posted by Michael Gerrity 07/22/10 10:13 AM EST

According to the National Association of Realtors (NAR), existing-home sales slowed in June due to the ending of the federal home buyer tax credit program. Read More

Jordan's Real Estate Does Better in Q2

Posted by Alma Kadragic 07/26/10 9:00 AM EST

(DUBAI, UAE) -- Improved home financing and developers securing bank finance has allowed Jordan's real estate market to record the first quarterly growth since 2008, according to a new report from the region's leading property management company, Read More

Belize Developer Indicted in U.S.

Posted by Kevin Brass 07/22/10 4:42 PM EST

One of the prominent players developing the Placencia peninsula in Belize is facing a federal indictment in the U.S., alleging he spent years avoiding taxes and lying under oath. Read More

Mexico's ICON Vallarta Condo Towers Report Sales

Posted by Kevin Brass 07/22/10 4:34 PM EST

With construction complete and the first owners preparing to move in, developers of the ICON Vallarta in Puerto Vallarta say they have sold about 60 percent of the units in the Yoo by Starck-designed project. Read More

Apartment and Villa Rents Still Falling in Northern Emirates

Posted by Alma Kadragic 07/19/10 8:30 AM EST

(DUBAI, UAE) -- Most of the news from the UAE tends to be from Abu Dhabi or Dubai, but increasingly people are finding housing and office space in the seven smaller Northern Emirates, Read More

Hamptons Trains Young Emiratis in Real Estate Work Skills

Posted by Alma Kadragic 07/16/10 11:07 AM EST

(DUBAI, UAE) -- Hamptons International, a premier property services company with a strong geographic presence in the Middle East and North Africa region, has started a training program in real estate for UAE national graduates and university students. Read More

Residential Sales Stabilize in Dubai, Rental Rates Drop

Posted by Alma Kadragic 07/16/10 10:54 AM EST

(DUBAI, UAE) -- The price of apartments and villas remained stable in Dubai in Q2 compared to Q1, according to a new report by Dubai-based real estate management company Asteco. The Asteco Q2 2010 Report said that no change was recorded in the sales price of apartments, Read More

Spain Property Data: Is It Believable or Ludicrous?

Posted by Kevin Brass 07/15/10 4:03 PM EST

Prodded by a query from a journalist, Kyero.com managing director Martin Dell recently took on the daunting task of analyzing the vast array of conflicting data on the trends in Spanish property. Read More

Qatar Residential Real Estate Prices Down

Posted by Alma Kadragic 07/13/10 12:15 PM EST

(DUBAI, UAE) -- Tenants are the lucky ones in Qatar these days, according to a new report from international real estate services firm Asteco, based in Dubai. Read More