Real Estate

Investors Ignore Nordic Housing Bubble Risks as Hunt for Havens Picks Up

2012-01-17 09:54:14

Bond and currency investors in Europe have flocked to Scandinavia to escape the euro area’s debt crisis. They may need to rethink their bets as the risk of asset bubbles threatens to trigger losses in Norway and Sweden.

Jamie Dimon’s Plan to Fix the Housing Market

2012-01-16 11:12:01

Jamie Dimon has a plan to fix the U.S. housing market: lock mortgage lenders and regulators behind closed doors until they figure it out.

Australia Home-Loan Approvals Gain in November on Interest Rate Reduction

2012-01-16 11:11:11

Australian home-loan approvals rose in November for an eighth straight month as the central bank’s first interest-rate reduction in two years helped attract first- time buyers.

Europe Retailers Are Early Movers as Economies Show Signs of Stabilization

2012-01-16 11:09:57

European consumer-discretionary companies such as Marks & Spencer Group Plc are outperforming consumer-staple businesses including Nestle (NESN) SA, indicating investors’ forecasts for the region’s economy were too pessimistic.

U.K. House Prices Decline For Third Month at Start of ‘Challenging’ 2012

2012-01-16 11:07:03

U.K. home sellers cut asking prices for a third month in January, according to Rightmove Plc (RMV), which said the property market will remain “challenging” this year.

U.K. House Prices Decline For Third Month at Start of ‘Challenging’ 2012

2012-01-16 10:35:53

U.K. home sellers cut asking prices for a third month in January, according to Rightmove Plc (RMV), which said the property market will remain “challenging” this year.

Spanish Banks Undermine Recovery With Discriminatory Home Loans: Mortgages

2012-01-12 10:50:37

Spain’s banks, saddled with 329,000 foreclosed homes, are still willing to provide mortgages, as long as the borrower wants to buy one of their properties, according to a consumer-rights group. That’s no help to homeowners and developers seeking to sell.

Blackstone Joins DDR to Buy 46 Shopping Centers in U.S. for $1.43 Billion

2012-01-12 10:49:44

Blackstone Group LP (BX) formed a partnership with DDR Corp. (DDR) to buy 46 U.S. shopping centers for $1.43 billion from a unit of Elbit Imaging Ltd. (EMIT), expanding the private-equity firm’s wager on a rebound in retail leasing.

U.S. Property Deals May Climb to $300 Billion, Real Capital Says

2012-01-12 10:49:04

U.S. commercial property deals are likely to climb 50 percent to $300 billion this year as loan maturities force asset sales and the economy grows, Real Capital Analytics Inc. said in its annual list of market predictions.

Lennar Rises to Highest Since 2007 After Orders for New Homes Climb 20%

2012-01-12 10:47:59

Lennar Corp. (LEN), the third-largest U.S. homebuilder by revenue, rose to its highest level in more than four years after reporting a 20 percent jump in new orders as the U.S. housing market shows signs of stabilizing.

U.K. House-Price Index Signals Property Market Under Pressure, RICS Says

2012-01-10 10:11:30

A U.K. house-price index (UKRXPBAL) showed the property market continued to face strains last month from a deteriorating economic outlook and stretched consumers, according to the Royal Institution of Chartered Surveyors.

Manhattan Bridge Capital Says $1.30-a-Share Buyout Bid ‘Ridiculously Low’

2012-01-10 10:10:12

Manhattan Bridge Capital Inc. (LOAN), which lends to investors in New York metropolitan area real estate, received a takeover offer of $1.30 a share, or $5.62 million, a bid the company dismissed as “ridiculously low.”

China Money Supply Growth Exceed Estimates

2012-01-09 10:21:19

China’s December lending and money supply growth exceeded economists’ estimates, signaling monetary conditions may be easing as the nation’s central bank said it must be prepared for possible shocks from the U.S. and Europe.

Australian Construction Contracts at Slower Pace on Boom in Resources

2012-01-09 10:17:15

Australia’s construction (AICIPCI) industry contracted at a slower pace last month as work related to the nation’s resource boom partly offset weakness in residential building, a private report showed.

Countrywide Sued by U.K. Banks ‘Looking for Someone to Blame’ on Mortgage

2012-01-09 10:16:31

Suninder Sandha bought his luxury apartment in Coleorton Hall, a 19th century country mansion near Leicester in central England, using a 1.2 million-pound loan ($1.86 million) from Barclays Plc (BARC) in 2005.

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