International

California Short Sales and your Mortgage vs. Foreclosure or Loan Mod

Homeowners facing the possibility of foreclosure need to remember that they do have options. Lets talk about Short Sales and how it can benefit you the homeowner/borrower and what it means to the mortgage lender who owns your note.

Experts predict a gradual recovery for Bangkok property transactions

The property market, especially the residential sector in the greater Bangkok area, will gradually recover in 2010, thanks to the effects of government stimulus packages, property experts said.


Thai risk from Dubai crash

Bangkok Post 05.01.2010
Thai risk from Dubai crash

Thailand's direct exposure to the Dubai market crash has been very limited, but a greater impact could come from deteriorating global sentiment if the situation worsens, says international property consultant Colliers International Thailand.

Thai developer 'expanding aggressively'

Catherine Deshayes Property Wire 05.01.2010
Thai developer 'expanding aggressively'

A leading Thai developer is to expand aggressively in 2010 and looking to invest in China, Indonesia and the Maldives...


Luxury-Property Owners Sue Credit Suisse for $24 Billion

JACQUELINE PALANK The Wall Street Journal 05.01.2010
Property owners at four resorts are suing Credit Suisse. Yellowstone Club, near Big Sky, Mont., is shown in this undated photograph.

Property owners at four U.S. luxury ski and golf resorts are suing Credit Suisse Group AG for $24 billion, accusing the Swiss bank of running a "loan-to-own" program that loaded the resorts up with debt so it could foreclose on their assets when t...

Many homeowners in S. California forced to buy flood insurance

LOS ANGELES, Jan. 4 (Xinhua) -- The U.S. government is forcing tens of thousands of homeowners in Southern California to buy costly flood insurance because they live in a high-risk flood area, a newspaper report said on Monday.


Commercial Real Estate Poses Risk to U.S. Recovery, Ryding Says

Vincent Del Giudice and Ken Prewitt Bloomberg News 05.01.2010
Commercial Real Estate Poses Risk to U.S. Recovery, Ryding Says

Jan. 4 (Bloomberg) -- The commercial real estate market poses a threat to the U.S. recovery, said John Ryding, chief economist at RDQ Economics in New York.

How To Buy Real Estate In Canada

International Property Journal 05.01.2010
Toronto, Canada

The Canadian property purchasing process closely resembles its American counterpart, with oversight and listing information provided by the Canadian Real Estate Association. Prospective buyers should factor in taxes and fees when pricing propertie...


Property restrictions knock-on effect

China Economic Review 05.01.2010
Property restrictions knock-on effect

China seems to be taking serious precautions so that it does not get caught with a property bubble. Shanghai tightened tax and mortgage rules, bolstering prospects the government will step up measures to curb property speculation.

Dubai Festival City launches ghostly mega project

Sarah Blackman Construction Week Online 27.07.2009
Dubai Festival City launches ghostly mega project

Dubai Festival City has announced the launch of Casper Theme Park today, adding that it is scheduled to open in the first quarter of next year.


NC developers digging deep

Leigh Kelley The Times News 27.07.2009
patrick sullivan/times-news. Before the housing market cooled off, earth was being moved for the Grand Highlands in Bearwallow in this photo from fall 2006.

The housing boom that was going strong three years ago was in many ways less a construction boom than a real estate boom -- sparking dozens of planned subdivisions offering hundreds of lots.

Distressed Commercial Property Market Heating Up

Charlotte Cuthbertson The Epoch Times 24.07.2009
Williamsburg, Brooklyn is one of the hotspots of commercial property trouble. (Cliff Jia/The Epoch Times)

NEW YORK—The real estate market is gearing up for a deluge of distressed commercial properties. Slower than residential to reach a critical point due to their income-producing and multi-tenanted nature, the commercial real estate market took long...


Well-known Portland developer faces foreclosure

Ryan Frank The Oregonian 24.07.2009
Olivia Bucks/The Oregonian. This downtown Portland building on Southwest Sixth Avenue is one of 10 properties owned by longtime developer John Beardsley that are in foreclosure proceedings. Beardsley says his troubles reflect how the recession has hammered once-valuable downtown commercial real estate.

John Beardsley, known for renovating historic downtown buildings, is Portland's first major commercial developer to see his properties move toward foreclosure amid growing problems nationwide in commercial real estate.

Development Bank to begin operations in 2010

Mohammed Elsidafy Business24|7 23.07.2009
Development Bank to begin operations in 2010

A committee assigned to set up the Emirates Development Bank will complete its mission in three months, paving the way for the bank to begin operations from 2010, according to the Ministry of Finance.


New boutique targets property

John Wilkinson Money Management 21.07.2009
New boutique targets property

A new boutique property manager will be exploiting the weaker local real estate market to deliver returns for investors.

General Growth Properties Files for Bankruptcy

Michael J. de la Merced The New York Times 16.04.2009
General Growth Properties Files for Bankruptcy

General Growth Properties, one of the largest mall operators in the nation, filed for bankruptcy early Thursday morning in one of the biggest commercial real estate collapses in U.S. history.


Hugh Hefner's home next to Playboy mansion for sale for $27,995,000

OK, no more proverbial pressing your nose up against the gates hoping to catch a glimpse of what goes on at the Playboy mansion. Now you can live right next door and spy from the comforts of your own home.

Commercial Tenant Set for Rebuilt Trade Center

CHARLES V. BAGLI The New York Times 26.03.2009
Commercial Tenant Set for Rebuilt Trade Center

It took three years of stop-and-start negotiations, but a Chinese real estate company is finally signing a lease for space in a 102-story skyscraper under construction at ground zero, becoming the first commercial tenant for the rebuilt World Trad...


U.S. Existing Home Sales Rise on Record Price Slump

Sales of previously owned homes in the U.S. unexpectedly rose from a record low, propelled by the biggest slump in prices since the Great Depression as foreclosures surged.