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    Deal linked to developer’s sister

    San Francisco, CA -- (SBWIRE) -- 10/03/2012 -- Reporters are asking Winnipeg’s mayor about an Arizona house he bought from the sister of a Winnipeg developer executive.

    Mayor Sam Katz bought the Scottsdale, Ariz., house from Teri Nordstrom. Teri’s sister, Diane Shindleman, is CFO of Shindico, CBC News reported. The transaction took place Aug. 23, according to Maricopa County Recorder’s Office documents.

    CBC has reported that Shindico has been linked to controversial real estate sales with the City of Winnipeg.

    Katz said that he paid a fair price for the property in Scottsdale and that nothing was amiss with the sale. “When I became mayor, I sold off all my property,” Katz told reporters. “So you know what? If you work hard, wonderful things can happen.”

    Katz credited his business achievements for the over $1 million needed to buy the 4,500-square-foot house. He would not detail his relationship with Nordstrom.

    “The most transparent thing I did was exactly what I did,” Katz said. “Bought a home, it’s in my name, end of story. Paid fair market value.”

    A Canadian ethics expert questioned whether the public interest and Katz’s personal interest were separate enough. Arthur Schafer, a University of Manitoba ethicist, said, “It does not seem proper.”

    “It is really worrying, and it does breed cynicism and it undermines public trust,” Schafer told CBC. “And our mayor, it seems, just does not get it.”

    Katz has said he paid more than 1 million U.S. dollars for the house. In a statement to CBC, Katz said, “I own a home in Arizona, like many other Manitobans.” Members of the Manitoba Municipal Council are not required by the city’s Conflict of Interest Act to disclose properties they own outside Winnipeg.

    Nordstrom bought the newly built house in 2008 from the developer for $1.6 million. The home is in a gated community, and has six bedrooms and a pool.

    About ( is an online resource for real estate in Colorado. Ashford Realty Group offers listing and showing information as well as property management services. Visitors can get detailed property information and learn more about Ashford Realty’s services at

    For more information on this press release visit:

    Media Relations Contact

    William Dylan Doudrick
    Telephone: 415-609-2658
    Email: Click to Email William Dylan Doudrick

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    Would land swap sacrifice public access?

    San Francisco, CA -- (SBWIRE) -- 10/03/2012 -- A land dispute in Colorado pits a wealthy industrialist against proponents of public access, including one of his neighbors.

    Billionaire Bill Koch wants to join two halves of his Bear Ranch, a 4,500-acre property divided by a corridor of federally owned land. Koch offered to give the National Park Service two parcels elsewhere for the Colorado corridor and four smaller properties.

    Opponents of the deal object to the loss of public lands around the town of Paonia.

    Koch, whose brothers support conservative Republican issues, suggests that politics are behind the opposition to his proposal.

    “I didn’t know there was such a vitriolic hatred for me in Paonia, and particularly from people I’ve never met,” Koch told The New York Times. “With some of these people, it’s class warfare, or it’s some of my brothers’ political activity is sloughing off on me.”

    Although Koch has drawn less attention than his brothers, he has supported the Mitt Romney campaign, donating $3 million to a political action committee backing the Republican presidential candidate.

    Koch also is big employers in Paonia, where residents speak positively of him. Frank Mastrullo, whose stepson is employed at a coal mine owned by Koch, said the public stands to lose little by trading the land.

    “It’s an envy thing,” Mastrullo told The Times, “No matter what this man wanted to do, they’d oppose him.”

    For three years, Koch has been putting together a private replica of an Old West town on land that is visible from the corridor. The settlement will consist of dozens of buildings, including a train station, that will show off historical items he has collected, but Koch has said he does not intend to open it to the public.

    “I do want to have a home in my town,” he said. “While I’m still alive, I don’t want to invite the public through my home.”

    But one neighbor said the public should not lose access to the land. Jim Sims, owner of a nearby ranch, said the dispute is “all about privacy.”

    “All it does is kick the public off of some prime ground that they should have access to,” Sims said of the proposal.

    Any deal would need to have approval from Congress.

    About ( is an online resource for real estate in Colorado. Ashford Realty Group offers listing and showing information as well as property management services. Visitors can get detailed property information and learn more about Ashford Realty’s services at

    For more information on this press release visit:

    Media Relations Contact

    Ken Marlon Deberry
    Telephone: 415-710-9347
    Email: Click to Email Ken Marlon Deberry

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    Another difficult four years predicts relator groups

    San Francisco, CA -- (SBWIRE) -- 10/03/2012 -- Illinois’ dubious honor of the most foreclosures in the U.S. last month has lured in investors like WayPoint Real Estate Group LLC, who have been securing home prices at absurdly low rates.

    Illinois saw 17,781 homes default to foreclosure in August. That number is up 42% from the year prior. It also marks the eighth straight month of rising foreclosures. Due to the sudden rise, Illinois took the nation’s top spot for the first time since 2005.

    “More Illinois homeowners are entering the foreclosure process, and more are losing their homes,” said Daren Blomquist, vice president at Irvine, California-based RealtyTrac. “It’s going to get worse before it gets better.”

    Despite the U.S. housing market making a worthwhile rebound overall, Illinois is certainly not following suit. Foreclosures are slowing across the country, increasing 1% in August. The national rate for foreclosure was one in 681 households. That is less than half of Illinois’ rate.

    Part of the lingering problem for Illinois is the unemployment rate, which rose to 8.9% from 8.7% in July. Illinois employment is down nearly 300,000 from the nearly 6 million in 2008. The downsizing of manufacturing and public-sector jobs is the main culprit, says Bob Tomarelli, U.S. Economist at forecasting firm HIS Global Insight Inc.

    It is being forecast that Illinois could break the record set in October 2009 for foreclosures, as lenders release a backlog of repossessed properties, according to Blomquist.

    Since 2007, residential property values in the Chicago area have declined each month, according to S&P/Case-Shiller home-price index.

    “Properties in the pipeline create uncertainty in the market and negatively affect buyer confidence,” Smith said in a telephone interview. “It’s preventing a floor from stabilizing prices in the Chicago region.”

    One of the largest logistical problems for Illinois recovery is that it does not appeal to international and retired buyers. Sun Belt states like Florida and Arizona have a much easier time keeping residential prices afloat due to such interest.

    Tomarelli states that it is unlikely to see a return to prominence until 2016. “There are many more buyers interested in Florida housing stock and the climate there,” said RealtyTrac’s Blomquist.

    Chicago foreclosures in the second quarter were discounted at 46% compared to non-foreclosures. Chicago’s south side neighborhoods, such as West Englewood, properties have sold for less than $20,000 cash. Deals in those areas accounted for a fifth of all distressed sales last year, further swaying Chicago’s value to the anemic side.

    About ( provides visitors with quality information regarding the Prescott and surrounding areas of Arizona. Find fantastic homes for affordable prices. Browse properties or look through the buyers and sellers section. Visitors can look through Steve Irwin’s business credentials, blog, and property resume as well.

    For more information on this press release visit:

    Media Relations Contact

    Benjamin Hugh Jefferis
    Telephone: 415-710-9476
    Email: Click to Email Benjamin Hugh Jefferis

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    More than 40 percent of homeowners owe more than house is worth

    San Francisco, CA -- (SBWIRE) -- 10/03/2012 -- Over half of a million mortgaged homes in Arizona were defined as ‘under water’ during the second quarter of 2012. The amount comes out to 42% of all mortgaged homes and places Arizona as the third highest negative equity in the nation. This, according to CorLogic Inc. reports released Wednesday.

    Being ‘under water” refers to homeowners who owe more than their home’s estimated value. CoreLogic determines the equity rate by contrasting under-water homeowners versus all residential properties with mortgages.

    Over 521,600 homeowners were categorized as ‘under water’ for the quarter out of the 1.31 million total.

    With the nation’s average at 22.3%, Arizona’s average is worthy of concern. The nationwide average has shown improvement since the first quarter, while Arizona continues to dip ever lower.

    According to CoreLogic, the nationwide improvement is a result of overall improvement in home prices. However, Arizona is still severely struggling in this department.

    Real estate expert Michael Orr of Arizona State University said value estimates on homes vary widely. It all depends on who is making the assessment. This fact makes it difficult to calculate proper negative equity, he said.

    Sam Khater, deputy chief economist for CoreLogic explains his firm’s method of determination, saying, “We use value in negative equity estimates because we only know prices on a small subset of transactions. So we estimate value for a property by analyzing prices on nearby properties.”

    About ( provides visitors with quality information regarding the Prescott and surrounding areas of Arizona. Find fantastic homes for affordable prices. Browse properties or look through the buyers and sellers section. Visitors can look through Steve Irwin’s business credentials, blog, and property resume as well.

    For more information on this press release visit:

    Media Relations Contact

    Vince Ryan Maddock
    Telephone: 415-769-0335
    Email: Click to Email Vince Ryan Maddock

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    Local numbers improve along with nationwide average for homeowners

    San Francisco, CA -- (SBWIRE) -- 10/03/2012 -- Debra Rosholt has history selling houses in down markets. She watched her house in Minnesota sit on the market for a year and a half. In 2010, her Arizona home took four months to sell. When it was time for her to put her Shelton house on the market, she was worried. She did harbor some cautious optimism as the market for homes was creeping up slightly. Still, she likely did not imagine that the Shelton house would see four offers in the first two weeks. Within the month, a buyer was found and the paperwork was signed.

    "We were not at all anticipating selling our house that quickly," Rosholt said. "Based on everything I&aposve been through, I think the market is definitely improving. I think people are more optimistic when you talk to them. Their perception is different."

    All the signs of a fledgling boom are returning one-by-one. Rental tenants, first-time homeowners, and would-be sellers are slowly making their way back to the market. There is more confidence in homes and properties, and confidence is the key for a healthy realty market.

    The market is taking positive turns quickly in Connecticut, with homes sold in August up 15.9%, according to Re/Max of New England. The pending home sales have surged 48.1% as well.

    "We feel really encouraged, not that prices are going to soar, but that there&aposs activity," Virginia Klein, broker/owner of Re/Max Heritage in Westport. "We felt stagnant for a long time, but August has really given us a boost."

    The positive turn is not isolated in Connecticut. Nationwide, purchases have increased 7.8% in August. That marks the largest increase since May 2010, according to the National Association of Realtors in Washington.

    "I think we started getting signs of a turnaround about a year ago," Berger said. "But what&aposs surprising everybody now is that it seems fairly broad. It seems like everywhere across the country, prices have gone down so much and supply and demand are having the usual effect."

    Despite August being a slow month, Barbara Cleary Realty Guild in New Canaan saw an increase in business. Potential buyers are still relatively cautious in their newfound trust in the realty market. Homes under $2.5 million have garnered wanted attention, while locations over the $3 million mark are still struggling to find purchasers.

    "The decisions are being made, people are moving forward and it depends on the particular house and price range," Cleary said. "People have been putting off moving for a while. The prices are very reasonable, so it&aposs tempting."

    Real Estate Agent Lonnie Shapiro of Coldwell Banker in Danbury speculated that the upcoming presidential election and back-to-school atmosphere contributed to positive numbers in August. "Anytime we have an election, it&aposs good for real estate, because I think it creates energy," Shapiro said. "If people feel good and feel positive, they spend money."

    The overall turnaround in the nation is “without a doubt a good sign,” says RBS’s Berger. The inability of homeowners to move money around due to being classified as ‘underwater’ on their mortgage helped create many of the situational problems the economy faced.

    "A minus, though is that housing is a much smaller chunk of the economy than it used to be, especially on the construction side," Berger said.

    While the market looks better than recent quarters, none of the realtors are pretending the numbers will reach the 2006 and 2007 marks.

    "Sellers and buyers are getting accustomed to not believing that the market is coming back to what it was," Klein said. "They&aposre getting educated that the market is the market, and that helps us."

    About ( provides visitors with quality information regarding the Prescott and surrounding areas of Arizona. Find fantastic homes for affordable prices. Browse properties or look through the buyers and sellers section. Visitors can look through Steve Irwin’s business credentials, blog, and property resume as well.

    For more information on this press release visit:

    Media Relations Contact

    Rex Anthony Mays
    Telephone: 415-760-0176
    Email: Click to Email Rex Anthony Mays

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    Realtors optimistic, yet realistic, about improving housing market

    San Francisco, CA -- (SBWIRE) -- 10/03/2012 -- Though nationwide home prices are showing signs of a recovery, there is no delusion of a return to a boom market any time soon.

    From 2007 to 2012, prices for U.S. homes dropped one third in value, according to Fiserv Analytics.

    Fiserve does foresee a recover of 3.7% per year over the next half decade. While it is certainly an improvement, it still leaves values at 20% below the peak. According to the firm, it is unlikely that the values would reach their peak again until 2023.

    Fiserv economist David Stiff warns that those areas hit hardest would likely not see prices improve to recoverable levels for another decade.

    California home prices tend to grow faster than other areas. Fiserve projects 4.4% over the next half decade in gains. At the same time, the California market was hit harder than most areas, dropping 46% in the 2007 to 2012 timespan.

    Nevada homeowners are likely to wait the longest to recover losses. Prices plunged 60%, and a 2.3% gain per year would mean a 40 year wait to recover to 2007 levels.

    Areas that avoided the bubbling of 2007 have actually already made gains in value. Areas like South Dakota, Texas, and West Virginia are already higher than they were five years ago. North Dakota has seen a 17.7% increase in five years, thanks to the oil boom and housing shortage.

    About ( provides visitors with quality information regarding the Prescott and surrounding areas of Arizona. Find fantastic homes for affordable prices. Browse properties or look through the buyers and sellers section. Visitors can look through Steve Irwin’s business credentials, blog, and property resume as well.

    For more information on this press release visit:

    Media Relations Contact

    Philip Chris McEvoy
    Telephone: 415-894-4012
    Email: Click to Email Philip Chris McEvoy

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    Sett Studio modular home builder, will join Dwell, Origin Magazine and a handful of other earth-concious sponsors to host a SXSW Eco party this Thursday night.

    Austin, TX -- (SBWIRE) -- 10/04/2012 -- Sett Studio modular home builder, will join Dwell, Origin Magazine and a handful of other earth-concious sponsors to host a SXSW Eco party this Thursday night. The general public is invited to accompany the list of sustainable celebriities for a complimentary night fused with live music, eco-friendly food and drinks, and responsibly-designed decor; all amongst a modern prefab pop up tour hosted by Austin-based Sett Studio and The Goodlife Team.

    Sett Studio, accompanied by an assortment of sustainable companies; including Dwell and Origin Magazine, also invites attendees of the SXSW Eco Conference to view their three recently completed modular offices at The Goodlife Team office. The event will be held October 4 from 7:30-10 p.m., at the GoodLife Team offices on 1114 East Cesar Chavez St., main entrance on Waller St. Arrive early; guests limited to 300 people, 21 and over only please.

    Globally renowned composer, artist, and author of numerous works; DJ Spooky will grace the crowd with live entertainment. Food supplied by local food trailer, Lucky J’s Chicken and Waffles, with samples of their new vegetarian menu additions. For dessert, organic and handmade architectural ice cream sandwiches by Coolhaus for $5 each. Eco-friendly adult beverages supplied by Austin organic tequila brand, Dulce Vida, with organic mixers by Whole Foods. Eco-friendly party supplies that won’t envoke guilt, by Susty Party, and designer decor by Flux and WakaNINE.

    “This is a really exciting time for us”, said Sett Studio co-founder, Mike Speciale. “We’ve worked really hard to produce our environmentally responsible spaces, and getting to work with Dwell is a huge honor.”

    “This event will contain a wide array of sustainably concious companies and individuals; all joining together to have a great time, Eco-Austin style.” says Sett Studio designer Kimber Reed.

    Dwell featured Sett Studio in a recent website article, adding to their recognition received by many, including CNBC, Jetson Green, Inhabitat, Apartment Therapy, and others.

    The newly-built modern, modular, energy-efficient offices at The GoodLife Team are excellent representations of how Sett Studio re-thinks space to meet any customers’ needs.

    “We really zero in on the precise needs of our clients, then design and build a space using sustainable materials, that is energy-efficient, extremely durable and very visually attractive,” says Speciale.

    About Sett Studio
    Sett Studio is a forward-thinking approach to functional space. By combining modern and contemporary design with the latest in energy-efficient building materials, we provide usable space for people who are interested in an attractive, eco-friendly alternative.

    While our home studio units can range in size from 80-360 sf, we also build custom, full-scale modular homes.

    We build the studio units in our warehouse and deliver them to your property. Instead of months of on-site construction, Sett installs your studio in just days.

    For our full-scale modular homes, we work with you to detail your custom designed home to address and meet your priorities, and maximize the properties features.

    To effectively create engaging, responsible space, we focus on three fundamental elements - design, materials and purpose of space.

    For more information on this press release visit:

    Media Relations Contact

    Kimber Reed / Joey Williams
    Telephone: 800-910-1373
    Email: Click to Email Kimber Reed / Joey Williams

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    Texas Based Mortgage Direct Lender Rodney Follmer NMLS #314280 reveals mortgage secrets at a new web site that is full of free reports, a home buying guide and free mortgage calculators. The site is designed to give consumers all the facts so they can make an educated decision when obtaining a mortgage.

    Addison, TX -- (SBWIRE) -- 10/04/2012 -- Texas based Mortgage Expert finally reveals the secrets at a brand new website

    This site is loaded with FREE REPORTS, an informative home buying guide, mortgage calculators consumers can use to run various loan scenarios and home buying resources you can use to save time and money before and after you purchase your home.

    If you&aposre planning to buy your next home, your first home, that dream home, a condo, vacation home, investment property or looking to refinance in Texas or the surrounding areas, you will find that this site is a complete resource full of insider secrets that will allow you to choose the loan program best suited to your financial needs.

    Here is just a small sample of the secrets revealed on this site...

    *Little Known Secrets That Will Show You How To Improve Your Credit Score

    *Important Terms You Must Know BEFORE Obtaining A Mortgage

    *Tested and Proven Strategies For Building A Better Credit Record Faster and Easier

    *The Top Mortgage Questions Borrowers Must Ask Before Applying For A Mortgage

    *How To Finally Stop Renting And Own A Home Of Your Own

    *How To Own A Home With Low Interest Rates And A Low Down Payment, Regardless Of Your Credit

    *7 Things You Should NOT Do When Applying For A Home Loan

    *12 Secrets To Lowering Your Homeowners Insurance Cost Your Agent Doesn&apost Want You To Know

    Dallas, Texas - based mortgage expert Rodney Follmer NMLS #314280 specializes in providing information to consumers that allows them to make informed decisions about their mortgage financing options and learn the insider secrets that can save them thousands of dollars over the life of their loan.

    Rodney Follmer NMLS #314280 is available for interviews and will welcome all your mortgage related questions.

    Call 214.407.4445 for a Free No-Obligation Consultation or visit

    For more information on this press release visit:

    Media Relations Contact

    Rodney Follmer
    Texas Mortgage Expert
    MidAmerica Mortgage, Inc. NMLS ID 150009
    Telephone: 214-407-4445
    Email: Click to Email Rodney Follmer

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    Since 1996, Costa Rica Real Estate dot COM has provided an authoritative one-stop location for prospective buyers of Costa Rica real estate to come for reliable and relevant material pertaining to buying real estate in Costa Rica.

    San Jose, Costa Rica -- (SBWIRE) -- 10/04/2012 -- Costa Rica Real Estate dot COM was established in 1996 when it first became the most authoritative web site on the Net when it came to acquiring useful information on anything and everything pertaining to real estate in Costa Rica.

    Since then the market has seen it&aposs ups and downs and now we are witnessing a growth not seen since the early 2000s when NBC called the Costa Rica real estate market the hottest on the planet.

    Guanacaste - the most northern province of the country - is showing the most activity particularly within the commercial sector inhere with a hyper-active tourism precinct.

    While it has been widely accepted that Guanacaste is experiencing much activity with the likes of a new international airport and a collection of development projects catering to the rising interest in medical tourism, the area is a hotbed of investment activity that has been directly credited with heavily stimulating the local economy.

    Lavish all-inclusive resorts in Costa Rica find Guanacaste quite attractive and this is evident in the number of branded hotels and resorts thriving in the area like: Papagayo Four Seasons Golf Resort, Hacienda Pinilla (JW Marriott), RIU Guanacaste, Westin Conchal and many others.

    The condominium segment of the Costa Rica real estate market is showing increased trends in purchases within secured communities throughout primarily the Central Valley areas surrounding San Jose. Having the convenience of a metropolitan centre nearby is appealing to many retirees who rely on easy access to medicare and also availability to other amenities and cultural centres.

    The southern - and least developed - portion of the country is attractive to those looking for a little less bustle and a lot more relaxed and laid back lifestyles.

    With heavy restrictions and constant monitoring of environmental impacts around the area, the southern zone remains on the rise with hoteliers and boutique B&B owners looking to accomodate a rising trend in eco-awareness when it comes to their Costa Rica vacations in paradise.

    Along with the rise in interest of environmental awareness, builders have also jumped on board and began offering "green friendly" homes and development projects that provide all the amenities of North America while remaining in harmony with nature - something Costa Rica is famous for with over 25% of the country dedicated to national and protected parklands. In fact - another little known fact - is that National Geographic once said that the southern portion of Costa Rica contains 5% of the world&aposs flora and fauna and is considered an international treasure trove of species of plants and wildlife.

    So whether it&aposs Guanacaste and it&aposs trendy upbeat tourism market that appeals to you or whether it&aposs the lush surroundings and tranquilo lifestyle the southern portion of the country can offer -- there is something for everyone.

    Moving forward with the rising trends, CRREC looks to provide the most comprehensive database of Costa Rica real estate in the country and as a result of this initiative, has set forth at redesigning and re-establishing their foothold within this highly competitive sector with their relaunch of

    For more information on buying or selling real estate in Costa Rica, please visit our web site or contact Jerad Portner today at...

    250m East of Hotel Irazu
    San Jose, Costa Rica
    1-888-414-1836 (toll-free)
    506-8812-0100 (mobile)

    For more information on this press release visit:

    Media Relations Contact

    Don Halbert
    Costa Rica Real Estate
    Telephone: 888-414-1836
    Email: Click to Email Don Halbert

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    Real help for struggling Connecticut homeowners is now available through the new FHA streamline refinance program.

    Wethersfield, CT -- (SBWIRE) -- 10/04/2012 -- Connecticut mortgage lender, Bob Hoffmann has finally announced the release of the FHA Streamline Refinance program which can really help struggling local homeowners since qualifying for this program is easier than ever.

    Many homeowners have become weary after years of promises that real help was on the way which would make their mortgage payments more affordable and enable them to avoid falling into foreclosure. However, until now initiative after initiative seemed unable to provide real assistance to property owners with FHA home loans.

    HARP 2.0 delivered relief for some homeowners, but only for those with mortgages backed by Fannie Mae or Freddie Mac.

    Thankfully, a real effort has been made to assist Connecticut borrowers with FHA mortgages to reduce their monthly payments and take advantage of low interest rates.

    This now means there are no appraisals being required to qualify so being underwater or upside down on their mortgage will not prevent homeowners from refinancing. The FHA has also announced that it is waiving the necessity for credit reports and income verification to enable more Connecticut homeowners to qualify. However, it is important to note that individual mortgage lenders all have their own underwriting guidelines which may mean some income verification is needed as well as a credit check but most will still be far more lenient than trying to get approved for any conventional home loan today.

    What is really different about the new FHA Streamline refinance program is the reduction in mortgage insurance for those who had their loans endorsed on or before May 31st, 2009. Until now, recent rate increases had eliminated much of the savings for those attempting to refinance or meant they had to bring cash to closing. Now &aposno-cost&apos refinancing is available and that coupled with lower mortgage insurance rates can equal thousands of dollars in savings.

    When asked about the new FHA streamline program benefits Bob Hoffmann of Welcome Home Mortgage said "This program finally delivers really substantial savings to underwater homeowners and anyone with an FHA loan who has not refinanced in the last six months should seriously consider this option, even if turned down before".

    Those interested in finding out more about the FHA Streamline Program or would like to see if they qualify can discover more details on eligibility and receive a customized rate quote by visiting

    For more information on this press release visit:

    Media Relations Contact

    Bob Hoffmann
    Connecticut Mortgage Expert
    Welcome Home Mortgage
    Telephone: 860-761-1331 x105
    Email: Click to Email Bob Hoffmann

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    Queens, NY -- (SBWIRE) -- 10/04/2012 -- A recent report from the Council for Community and Economic Research has listed Manhattan, Brooklyn and Queens as three of the most expensive places to live in the United States.

    The 2012 report lists Manhattan with a cost of living index of 233.5, Brooklyn at 183.4 and Queens at 151.4. The index takes prices from six categories: groceries, housing, utilities, transportation, health care and miscellaneous, which includes clothing and entertainment. All are weighted toward figuring the total index number.

    “It&aposs not very surprising when you consider these are the three of the nation&aposs most affluent communities and it&aposs New York. The Big Apple is the center of the western world and prices here are just going to reflect that,” said John Hilaire of the real estate company . “It&aposs New York and these are the three most popular places to live here.”

    The survey is aimed at professional managerial households, said Council project manager Dean Frutiger. These are people with good disposable incomes and very good jobs. They like to live in places where the amenities the Council examines are readily available.

    “It&aposs part convenience and part quality of life,” Mr. Hilaire said. “Being able to see a Broadway show, shopping in some of the most exclusive shops around and having access to every kind of cuisine the world can offer. That&aposs what New York means. That&aposs what people want and they are willing to pay for it.”

    At that, the city and New York state policies which provide zoning for affordable and public housing as well as rent stabilized apartments do a lot to hold down some housing costs. However, Queens in particular is seeing a spurt of new housing starts which is pushing up the Council&aposs index.

    “It&aposs a complicated balancing act. On one side there&aposs a very real need for affording housing. On the other is the need for property developers and owners to make money,” Mr. Hilaire said. “In Queens, we have an increasing number of immigrants. Immigrant does not mean poor, though. Some of them have money to invest in the finest houses around.

    The Queens Ledger weekly newspaper recently reported existing home sales in the borough have improved in 2012. This is in contrast to many areas of the nation where housing prices continue to fall.

    “Interest rates below four percent have had a major effect on the market. Plus, the housing market crash that caused home prices to collapse saw a lot of very valuable property be put on the market at low prices,” he said. “If you can afford the payments, a 5 year mortgage at 2.9 percent is almost not paying interest at all. Even people who can&apost make the five-year note payments are finding very attractive rates for 15 and 30 year mortgages.”

    The increase in home sales varies by the kind of home. Condos were up eight percent over the year and co-op homes were up 13 percent. Residential single family homes did drop a bit.

    “This is a clear case of the market moving. People have expressed an interest in a specific kind of home and that&aposs being reflected in sales,” Mr. Hilaire said. “More and more young people are moving into the Queens area and they are just not as interested in a single family home as their parents were. They saw the housing market collapse and they are just a bit worried about it.”

    Mr. Hilaire said as they young people get older and have children, they may turn toward the residential homes.

    Regardless of the hows and the whys of the market, he said now is a great time to invest in real estate in Queens. Prices are good and interest rates are still low but have inched up recently.

    “There are some definite bargains out there, if you know where to look,” he said. “But they won&apost last long. More and more people are beginning to put faith back into real estate and the market is again heating up.”

    About HouseForSaleInQueensNY handles investment purchases and sales and foreclosed property. If you are looking for a houses for sale in queens ny , then you need someone who understands the market and can make sure you are not overpaying for the home. You also need someone who can check on the home to make sure it is everything the seller claims.

    For more information visit or call (347) 966- 6736.

    John Hilaire
    (347) 966-6736

    For more information on this press release visit:

    Media Relations Contact

    John Hilaire
    Email: Click to Email John Hilaire

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    A property evaluation must be performed by an expert whenever accuracy is required, and Carolina Palm Realty now offers free expert property evaluations on North Myrtle Beach vacation rentals beachfront properties.

    Myrtle Beach, SC -- (SBWIRE) -- 10/05/2012 -- Carolina Palm Realty, a leading full-service player in the Grand Strand real estate market, announces their offer for a free home evaluation for any individual, business or group who currently owns a business and is considering selling that North Myrtle Beach vacation rental beachfront property. These evaluations are offered to help owners decide if now is the right time to sell their property, or whether the future may offer a brighter outlook on their prospects.

    Many property owners feel they can properly evaluate the worth of their home on their own, without the assistance of qualified professionals. This assumption is wrong. Even with the wealth of information now available related to property pricing and the easy ability to find data on recent deals within a property’s neighborhood, the calculations going into an accurate property pricing are far more difficult than any quick-fix marketer may want you to believe.

    Through their free evaluation offer Carolina Palm Realty now makes it fast, easy and incredibly affordable for anyone to receive a comprehensive and accurate home evaluation for their North Myrtle Beach beachfront vacation rental. The evaluation clients will receive from Carolina Palm Reality will not only take into account every data point factoring into the prospective price of the property they wish to sell, their representatives will also make sure their quoted price takes into account larger movements within the real estate world to ensure those clients receive the most accurate evaluation possible.

    The real estate market is constantly shifting and prices never stay stable for long, so even if a property owner has recently had the price of their home or business evaluated the price of by another professional, those owners will still benefit from taking advantage of Carolina Palm Realty’s special offer.

    In order to make the most out of a property an owner needs to know that property’s true worth. Carolina Palm Realty makes finding that worth easy and obligation-free.

    About Carolina Palm Realty
    Carolina Palm Realty specializes in short term and long term property buying, selling and renting on the Grand Strand. Carolina Palm is a full service real estate company servicing an area between the Murrells Inlet area to Calabash, NC, while also offering a full suite of property management services in order to assist property owners in maximizing their investments on North Myrtle Beach vacation rentals beachfront properties.

    Carolina Palm realty may be reached for a free evaluation through their website at

    For more information on this press release visit:

    Media Relations Contact

    Chris Graham
    Email: Click to Email Chris Graham

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    Kent, UK -- (SBWIRE) -- 10/05/2012 -- Given the current housing crisis in the UK, there are more landlords, both career and reluctant, in the country than ever before. And yet, many landlords do not realise that standard household insurance is not usually suitable for the property they are letting.

    To fully protect their assets, property owners should acquire specialist landlord insurance to extend their cover to include things such as Property Owners Liability, Employers Liability, Loss of Rent and Rent Guarantee Cover.

    But between managing their properties and other responsibilities, most landlords are incredibly busy and have little time to research and find their best-suited landlord insurance.

    For help obtaining the buy to let insurance they need while saving money in the process, landlords can turn to The site features a panel of specialist buy to let insurance providers, allowing people to quickly compare landlords insurance cover online, hassle-free. The landlords insurance policies are tailor-made for each property owner’s unique requirements and are available at very competitive premiums.

    Property owners can simply complete the online landlord insurance quote form and the site’s panel of specialist insurance providers will provide a great value, custom quote with instant cover available from some. understands the challenges landlords face it today’s market and aims to help better prepare them for issues that may arise.

    According to, “Many landlords rely heavily on the revenue from their let properties, however it’s important to be aware that traditional home insurance simply doesn’t provide the necessary cover when you are earning an income from a property. Purchasing landlord insurance from experienced insurance providers can help protect your income should a tenant leave unexpectedly or refuse to pay the rent for one reason or another.”

    The company’s panel of buy to let insurance providers offers extremely competitive insurance cover for property owners and landlords from the UK’s leading insurers, cover tailored to each person’s exact needs, fast, friendly and reliable service, and peace of mind with their high-quality protection.

    From finding the right tenants to dealing with tenant queries and issues, most landlords do not have time to locate the best buy to let insurance. But it is essential in protecting their property and assets.

    For help finding top-notch, affordable landlord insurance, visit

    With its panel of specialist buy to let insurance providers, allows visitors to quickly compare landlords insurance cover online and helps them save money in the process.

    For more information on this press release visit:

    Media Relations Contact

    Ian Beevis
    Email: Click to Email Ian Beevis

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    Broad Axe, PA -- (SBWIRE) -- 10/05/2012 -- CAI Title has opened up a new office in Center City Philadelphia. The office is located on 1429 Walnut Street, in the heart of Center City. The Philadelphia settlement service has stood for the interests of residential and commercial real estate buyers in the greater Philadelphia area for over 40 years.

    Purchasing Title insurance through CAI Title protects residential and commercial buyers from future loss of property, unexpected expenses and hardships related to managing suits brought against their clients. Buying real estate, whether it is a first home or business investment, is a serious step in one’s life. CAI Title gives their clients the respect and attention they deserve as they act on this important decision. As the leader in Real Estate Closings in Philadelphia, CAI Title works on the clients behalf, making sure the closings occur on time so everything can go perfectly.

    From the simplest residential closing to a complex real estate transaction, CAI Title is committed to providing exceptional customer service with unmatched expertise on any subject related to title insurance and real estate. As a premier title company in Philadelphia, CAI provides Home Closing 101, where people can find information they need to prepare themselves for closing day. This is an easy way for clients to become familiar with terms such as title insurance, escrow fees and closing costs.

    Working with CAI Title, customers will have peace of mind about their real estate purchase, now and into the future. For more information, call 215-583-3544 or visit

    For more information on this press release visit:

    Media Relations Contact

    Abs Girdhar
    Email: Click to Email Abs Girdhar

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    High values are not a sign of a bubble

    San Francisco, CA -- (SBWIRE) -- 10/08/2012 -- Despite high housing prices, Australia’s property market is not a bubble waiting to burst, one analyst says.

    David Bassanese of The Australian Financial Review also offers some reassurances about the nation’s leading banks.

    Housing prices might be high, but they are not overvalued to such a degree that would lead to a price collapse, Bassanese writes. And although banks might be affected by real estate losses, the sector is stable enough to weather such as storm.

    Australian home prices relative to income are not unusual when viewed in an international perspective, and Australia’s urban lifestyle has led to big land premiums. The largest chunk of household debt is held by people with good income, and mortgage strain is limited.

    In fact, Bassanese forecasts a 10% to 15% increase in housing prices across the nation over the next year if the Reserve Bank of Australia reduces interest rates.

    And if the property market did plunge, Australia’s biggest banks likely would be able to absorb a 30% drop in prices without having to raise significant capital, Bassanese writes. A recent report by Moody’s found that the big banks had healthy amounts of capital and that their loan books contained high credit quality.

    If housing prices did fall 30%, only 1.4% of major bank home loans would be write-offs, according to Moody’s.

    The Australian Prudential Regulation Authority’s outlook is similar to Moody’s. According to the authority, a 25% to 30% drop in the housing market would cut the tier 1 capital ratio of the biggest banks by only 3.1 percentage points.

    Local banks maintain about 10% of assets in safe “tier 1” capital – that’s much more than the 4% required.

    About ( is a resource for sellers and those looking for private house sales. Visitors can learn about private sales, home values and how to sell quickly. Readers can find out how to get the full market value for their properties at as we buy houses.

    For more information on this press release visit:

    Media Relations Contact

    Ben Jacks
    Email: Click to Email Ben Jacks

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    Shanghai, China -- (SBWIRE) -- 10/08/2012 -- Experts at released yesterday their analysis of Chinese Economy. Much of the analysis focused on Chinese Real Estate and Retail which has attracted flak for disorganization and lack of transparency.

    The analysis of China real estate is presented by Knight Frank’s Thomas Lam and Regina Yang. Knight Frank is a global residential and commercial property consultancy which was founded in 1896 and has headquarters in London. Thomas Lam is the head of research in greater China while Regina Yang is the head of research and consultancy in Shanghai.

    The review has called the present state a bubble, with undue spending to increase demand within the country. The calls of China real estate bubble have grown louder with slowing down of economy all round the world including that of China, and the review reinstates some of the fears. According to the review, after the major decline in exports due to the global economic recession the Chinese government has deviated towards domestic retail market to ensure sustainability. The retail real estate continues to grow as more mega shopping centers are being constructed in major cities as well as other 2 tier cities. Some of these 2 tier cities have larger shopper centers compared to cities like Beijing and Shanghai.

    However the review says that these constructions are unorganized and many major factors have been overlooked while constructing them. “The Seven Deadly Sins of China Retail Space Development” have found special mention in the review. Some of these sins are stated as the failure to construct centers near public transportation, overbuilding, retail mismanagement and misunderstanding of trade area.

    The future of economy of china is questionable; add Thomas Lam and Regina Yang in conclusion. Mainly due to the insufficient data, “The retail market in China continues to be impacted by a lack of transparency and obtaining reliable data remains challenging.”

    Other research analysts have seen the same trend in household sector. China continues to build, the costs keep rising. Most of these houses are vacant which is of major concern to the investors.

    Economic climate in China has been hampered by government policies, especially when it comes to foreign investment, finds the review. Such policies are not just limited to economy; browsing internet has been a bane as well in China. But like economy, China has come up with local solutions to fight these policies – one being VPN. What is a VPN? The review states Virtual Private Network encrypts data while browsing to the internet such that no one can spy on your personal details. With a VPN service one can ensure online security, browse information that is censored, establish safe Wi-Fi connectivity and block IP.

    About BusinessForumChina Inc
    BusinessForumChina constitutes of over 300 writers who are working in reputed organizations in senior most positions. CEOs, economists, professors, department heads, research managers all have written various articles on issues regarding China’s economy, industries, investments, government operations and plans. BusinessForumChina has been an economic and business publishing forum since 2004. The company launched the online platform, in 2011.

    If you’d like more information about this topic, or to schedule a meeting or interview with founders of BusinessForumChina, please contact John Ashford at +8618210262101 or email at

    For more information on this press release visit:

    Media Relations Contact

    John Ashford
    Email: Click to Email John Ashford

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    The website will focus on the most up to date real estate listings in both the St. Louis and St. Charles areas.

    Chesterfield, MO -- (SBWIRE) -- 10/09/2012 -- The owners of have officially launched their website, which is open to the public to view numerous local listings in the St. Louis/St. Charles area. With so many generic real estate websites out there already, the goal of is to offer a unique view at the hottest St. Louis real estate listings currently available.

    Using the website is extremely easy for first-time visitors, as a person can start a search right from the homepage. General options such as city, school district, price range and more can be selected to make sure only relevant results are show.

    For those looking for even more specifics, an advanced search can be used. This is recommended for those familiar with St. Louis real estate in the past who know exactly what they want.

    New users who might not find a home right away are encouraged to sign up for free daily email updates from the new website. By becoming a member of the website, customers can receive automated home searches, favorite properties, email updates and other exclusives that general visitors won’t be eligible for.

    The St. Louis and St. Charles area of the United States continues to experience growth. Real estate is constantly changing, so the owners of HomeFinderSTLcom encourage all visitors to act quickly on a listing that interests them. As soon as a listing is sold or is otherwise no longer available, the webmaster will have it promptly removed to always reflect up to date offerings.

    To give the new website a test drive, or to learn more about the general area of the United States in general, visit

    About is a St. Louis Real Estate website owned and operated by the Mike Luntz Team at Keller Williams Reality. Led by Mike Luntz and Amy Ameling, the duo brings a wealth of experience dealing with real estate in the St. Louis metropolitan area. Over the years, they have been a part of over 1000 real estate transactions scattered in nearly every neighborhood and school district in the area.

    For more information on this press release visit:

    Media Relations Contact

    Mike Luntz
    Email: Click to Email Mike Luntz

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    The real estate website has recently posted a number of new options for customers looking to rent or buy in these Italian cities.

    Los Angeles, CA -- (SBWIRE) -- 10/10/2012 -- The owners of recently released a number of new real estate listings for the Florence and Bologna area of Italy. While the website aims to treat the entire country, these two areas received a number of updates.

    Plugging into search engines agenzie immobiliari Firenze, vendita casa Firenze or cerco casa Bologna is only going to get a person so far. At, the goal of the website is to provide one place for people to find listings in any specific area of town. Customers can even customize their search for specific Florence and Bologna areas of town.

    Once a person finds a listing that interests them, the next step is to schedule an appointment to see the property in person. Real estate agents can be contacted on at any point to check out a property before deciding if it is the right fit for a person.

    With new updates coming on a daily basis, visitors are encouraged to check back frequently if they do not originally find what they are looking for. With the Florence and Bologna area, real estate listings are always being updated. To learn more about all that is currently being featured, visit

    About is a website designed to help people find the real estate listing they want all over the country of Italy. From homes to industrial buildings, customers can view a variety of details on the property before ever making the trip to check it out in person.

    For more information on this press release visit:

    Media Relations Contact

    Eric Fields
    Telephone: 888-551-5452
    Email: Click to Email Eric Fields

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    Avid Commerce introduces a new website for, a dealer of pre-owned manufactured homes.

    Indianapolis, IN -- (SBWIRE) -- 10/10/2012 -- Four Leaf Homes, owner and operator of manufactured housing communities across the Midwest, recently launched an innovative new website designed specifically to simplify and streamline the process of buying and selling manufactured homes.

    “Our organization is committed to providing exceptional customer service, and we were looking for a way to take that to a new level – to make buying and selling manufactured homes a satisfying experience start to finish,” said Michael Callahan of Four Leaf Properties.

    The company turned to AVID Commerce, which designed and built a new website with features to help Four Leaf Homes meet its goal. In addition to a fresh and inviting appearance, the new site employs a cutting-edge navigation concept, faceted search. This advanced tool enables buyers to narrow the field of choices by specifying their desired features such as size, color and number of bedrooms with point-and-click ease. AVID rounded out the site with educational consumer information for buyers and sellers, plus forms to initiate the processes of buying, selling and financing.

    AVID Commerce’s Josh Pennington explains why the new website is a better design for customers: “The refined navigation or faceted search is an important feature when trying to weigh out options of what works best for you. It allows people to find the right home that fits their needs perfectly, extremely fast.”

    About Four Leaf Homes
    Four Leaf Homes owns and operates premier manufactured housing communities across the Midwest. Its family-friendly communities offer beautiful, affordable homes with community facilities that reinforce its commitment to providing the highest standard of living. To learn more, visit

    For more information on this press release visit:

    Media Relations Contact

    Michael Callaghan
    Four Leaf Homes
    Telephone: 708-784-1537
    Email: Click to Email Michael Callaghan

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    All Things Real Estate Inc. of Minnesota, known in the property sales industry for their corporate mission of helping financially distressed clients, has expressed their support for Legal Shield, an innovative legal service plan company that provides affordable consultation services and access to accomplished law firms to protect ones legal rights.

    Princeton, MN -- (SBWIRE) -- 10/10/2012 -- All Things Real Estate Inc. of Minnesota, known in the property sales industry for their corporate mission of helping financially distressed clients, has expressed their support for Legal Shield, an innovative legal service plan company that provides affordable consultation services and access to accomplished law firms to protect ones legal rights.

    Steven Triebernig, CEO of All Things Real-Estate Inc. shared his experience with Legal Shield: “As an owner of a real estate company in Minnesota, I come across so many legal issues needing to be answered I have spent countless dollars on calling my attorney for so many years. But at a cost of US$150.00 per hour, it has begun to affect my bottom line. I also work with families from all over the US, helping them prevent foreclosure and save their home. Because my services are free, I needed legal advice that would not break the bank.

    A personal friend of Steve, Brian Hilbrands an independent associate for Legal Shield, introduced him to the service. “It is like having a major law firm on retainer but much more affordable,” Steve said. “Once you invest US$27.00 for the first month and US$17.00 a month after, you can call and talk to an attorney anytime.”

    Steve contacts Legal Shield when he needs to prepare wills, write letters to collectors, landlords, credit card companies, mortgage companies, among many others, for All Things Real-Estate and their homeowner clients. “There is no contract and the service is great!” continued Steve. “I used it twice in the first month.”

    But the service Legal Shield provides Steve is not limited to real-estate related issues. “I had my attorney send a letter to my college about US$1,117.00 I did not feel I needed to pay. The college is working on a resolution now. I also looked into starting a new corporation and it was great to be able to call an attorney that specialized in corporations.”

    As an entrepreneur, Steve Triebernig is trained to spot opportunities from needs and crises. “I look at things that I worry about as an opportunity to get the worry out of my life. I was worried about my car breaking down on the side of the road, so I purchased AAA. I worried about other drivers not having insurance, so I purchased Underinsured Motorist coverage. Just in case one of my real estate agents makes a mistake, I purchased Errors in Omissions insurance. Now I was worried about legal expenses, so I purchased Legal Shield. Now I am free to do what I enjoy without worry stunting my ability to grow my business, spend time with my family and have a better life.”

    To learn more about All Things Real Estate’s services, visit

    About All Things Real Estate
    All Things Real Estate, nominated in April 2012 for Better Business Bureau’s Integrity Award, is known for their fair treatment of customers and their transparency when it comes to informing their clients of policies such as the above. Through the capable know-how of a team of dedicated and professional real estate agents, the company provides customers all possible options as they buy or sell properties, or try to keep their property from being foreclosed.

    For more information on this press release visit:

    Media Relations Contact

    Steven Triebernig
    Email: Click to Email Steven Triebernig

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