October 04, 2013 By mortgage
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September 30, 2013 By mortgage
Category Archives: Real Estate Market
One of Asia’s most exclusive residential addresses, Taipei’s Royal Castle residential complex apartment, revealed its much anticipated apartment prices, with the costliest among them fetching a record $2,745 per square meter , $23 million in total. The highly anticipated realty prices were finally made public by the Huang Hsiang Construction Group, the realtors behind some of the biggest real-estate deals in Taiwan. The real-estate rates in Taipei had not been updated for some time resulting in skepticism by willing buyers both foreign and domestic.
U.S. sales of previously occupied U.S. homes surged in July to a seasonally adjusted annual rate of 5.39 million, approaching a healthy level for the first time since November 2009. The spike in home sales shows housing continues to drive the economy.
Celine Dion and her husband Rene Angelil have just listed their Jupiter Island, Florida compound for a whopping $72 million via a Canadian realtor.The location can’t be beat: Jupiter Island is a wealthy enclave of some 800 people north of the Miami area, and it has one of the highest per-capita incomes of any town in the U.S. Dion’s island neighbours include golf legend Tiger Woods and country singer Alan Jackson.
Sell your home fast
Underprice it from the start. If you list your home for at least 10% less than it’s worth, you’ll often sell it for 10% more. Buyers notice a house that’s underpriced: They’ll take it by storm and drive up the price with a bidding war.
EAST RUTHERFORD, NJ – Ben Lowy of Ocean Twp., N.J., has joined commercial real estate services firm Cushman & Wakefield, Inc. as a sales associate. He is working in the firm’s East Rutherford office as part of an office leasing team headed by Peter Hamburger and Walter Schoenberg – two seasoned professionals and long-time Cushman & Wakefield brokers.
Speaking at NAREIT’s investor forum taking place in Chicago this week, a manager with Invesco Real Estate said he views regional mall REITs as a particularly attractive investment right now. The REITs own a disproportionately large share of trophy regional malls in the U.S. and with occupancy levels and rental rates on the rise, they should only continue to thrive in the near-term future.
Thinking about buying a home or selling your current one? Stop thinking and start doing. Now is the prime time for both sellers and buyers. Here’s why. Mortgage rates are rising. After a sharp decline, mortgage rates are starting to inch back up, with a 30-year fixed mortgage averaging just over 4 percent now, according to Bankrate.com. And analysts expect that trend to continue. That means more buyers are trying to qualify — good news if you’re selling. And, if you’re buying, it’s one more reason to apply now yourself.
Pending home sales rose slightly in March, but seem to be leveling off overall, an industry report showed Monday.
The Pending Home Sales Index – an indicator based on contract signings, not closings – rose 1.5 percent in March, according to the National Association of Realtors. That’s 7 percent above levels reported in March 2012, continuing an almost 2-year streak of higher pending homes sales year-over-year.
Miami Beach in Florida, which is known to have celebrities like Matt Damon, Donatella Versace, Dwayne Wade, and Olga Kurylenko living in the city, will have one of the stars selling his home, for a price of $20 million. Matt Damon has put his Miami Beach 12,705 sq ft home on the market, which is a part of the Maravilla estate, looking out to the Biscayne Bay. The property is known for its own private dock, and an exposure to 170-feet of water frontage, making it ideal for a summer home for some indulge in water sports and cruising.
Huntington Bancshares Inc., based in Columbus, Ohio, has hired Renee Csuhran as director of commercial real estate for the bank. She will operate out of the Cleveland office. Before joining Huntington in 2012, Csuhran spent more than 20 years at KeyCorp. in Cleveland, Ohio in various senior-level roles, including executive vice president and director of institutional real estate.