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The Real Estate ChannelWORLD PROPERTY CHANNEL™ ("WPC") is a global web-based News and Property Information media network that distributes quality real estate content (News, Market Data & Property Profiles) to highly targeted audiences on any Internet-enabled device - worldwide.
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Updated: 18 hours 34 sec ago UK Home Prices Remain Suppressed as Eurozone Crisis LingersAccording to London-based Chesterton Humberts/CEBR DECMBER 2011 House Price Poll of Polls report, UK house prices remain suppressed as the economy flirts with a double-dip recession.
Michael Gerrity
Foreclosure Starts in U.S. Uptick in JanuaryAccording to Jacksonville-based Lender Processing Services "First Look" report for January 2012, foreclosure starts were on the rise in January. This data is derived from their 40 million U.S. loan database.
David Barley
Greater Ft. Lauderdale Area Reported 5% Increase in Home Prices in Q4According to the Broward Council of the Miami Association of Realtors, sales of Broward County homes - including existing single-family homes and condominiums - increased six percent, from 6,225 to 6,572, in the fourth quarter of 2011 compared to a year earlier.
Michael Gerrity
U.S. Hotel Construction Pipeline Slightly Dips in JanuaryDuane Vinson According to the January 2012 STR/McGraw Hill Construction Dodge Pipeline Report released this week, the total active U.S. hotel development pipeline comprises 2,736 projects totaling 293,143 rooms.This represents a 1.6-percent decrease in the number of rooms in the...
David Barley
The Modern Condos Open in Las Vegas(LAS VEGAS, NV) -- BondRok Partners recently announced the completion of The Modern loft condominiums on the west side of Las Vegas. With 83 mid-rise lofts ranging from 1,234 to 2,723 square feet, this new community presents a simple,
Scott Kauffman
U.S. Hotel Market Performing Well in Early FebruaryAccording to STR, the U.S. hotel industry experienced increases in all three key performance metrics during the week ending February 11, 2012. In year-over-year comparisons for the week, occupancy was up 2.6 percent to 55.9 percent,
Michael Gerrity
U.S. Housing Affordability Index Reaches New Record HighNationwide housing affordability, as measured by the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI), rose to a record level during the fourth quarter of 2011, while prospective home buyers continued to feel the constraints of tighter credit standards and a soft economy.
Scott Kauffman
Wyndham Rolls Out TRYP by Wyndham Brand in New York City(NEW YORK, NY) -- Wyndham Hotel Group marked a key milestone this week with the announcement it would be introducing the TRYP by Wyndham brand in major cities throughout the Americas, including the opening of the 173-room TRYP New York City Times Square South. It's the first TRYP by Wyndham hotel in the United States.
Scott Kauffman
Long-Term U.S. Mortgage Rates Remain at Record Lows, Three Consecutive WeeksBased on Freddie Mac's latest Primary Mortgage Market Survey (PMMS), fixed mortgage rates in the U.S. remained unchanged amid mixed consumer sentiment data.
Michael Gerrity
Sydney, a World-class CityThere are many national parks throughout Queensland including The Great Sandy National Park, which is located approximately 140 miles north of Brisbane.
Mike Cooney
Paladin Realty Partners Enters Colombian Real Estate Market With Multi-Million Dollar InvestmentOne of Latin Americas' leading real estate investors and developer, Paladin Realty Partners, announced this week that their Paladin Realty Latin America Investors III, LP fund has finalized its first investment in Colombia.
Michael Gerrity
Strength of the Canadian Dollar Drives Uptick in Canadian Buying Activity in Ft. LauderdaleRecent changes in the global economy have shown the strength of the Canadian Dollar against the US Dollar. According to South Florida Real Estate expert Michelle Farber Ross, Managing Partner of MMD Realty, LLC. Canadians have more buying power in the US property market, specifically in Fort Lauderdale.
Michael Gerrity
Strength of the Canadian Dollar Drives Uptick in Canadian Buying Activity in Ft. LauderdaleRecent changes in the global economy have shown the strength of the Canadian Dollar against the US Dollar. According to South Florida Real Estate expert Michelle Farber Ross, Managing Partner of MMD Realty, LLC. Canadians have more buying power in the US property market, specifically in Fort Lauderdale.
Michael Gerrity
Strength of the Canadian Dollar Drives Uptick in Canadian Buying Activity in Ft. LauderdaleRecent changes in the global economy have shown the strength of the Canadian Dollar against the US Dollar. According to South Florida Real Estate expert Michelle Farber Ross, Managing Partner of MMD Realty, LLC. Canadians have more buying power in the US property market, specifically in Fort Lauderdale.
Michael Gerrity
Panama City's Hotel Market Enjoying Strong Growth in Advance of Canal Expansion Opening(PANAMA CITY, PANAMA) -- According to STR Global, the Panama City hotel market reached total inventory of 10,180 daily available rooms in 2011, following another strong year of new hotel openings.
Michael Gerrity
Miami International Airport Was Fastest Growing U.S. Airport in 2011In 2011, Miami International Airport (MIA) grew the fastest out of the top 20 airports in the U.S. at over a 7.3% pace. MIA has enjoyed the arrival of another new airline - LAN Colombia - suggesting that the end to the growth has not yet been seen.
Michael Gerrity
Q & A with Dottie HermanAre there any options similar to refinancing without the added costs? There are no-cost refinance options out there, but when a lender says that there will be no closing costs, they generally give the borrower a higher interest rate.
Dottie Herman
New Home Starts Rise 1.5% in JanuaryToday the U.S. Census Bureau and the Department of Housing and Urban Development (HUD) released to following new residential construction statistics for January 2012:
David Barley
Russian Bear Shows Teeth in Global Office Market, Moscow Rents Spike 41%According to Cushman & Wakefield's Office Space Across the World 2012 report, Russia's capital Moscow experienced a steep increase in prime office rents in 2011, making it the fastest-growing location in Europe.
Michael Gerrity
Bald Head Island Club Reopens to Rave Reviews(BALD HEAD, NC) -- Members and residents of exclusive Bald Head Island Club are showing off their newly renovated golf course. Indeed, Bald Head Island's major renovation was one of the top five best renovations completed in America in 2011, according to Links magazine.
Scott Kauffman
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