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All Real Estate Agents Are Not Created Equal
**Important things to look for in a Real Estate Agent**
When selling your home, one of the most important services your real estate agent can perform is helping you set the listing price. Most people approach a sale thinking they have a pretty...
Common Architectural Styles
Have you ever heard a home referred to as a Tudor, or a Colonial, and wondered exactly what those terms meant? Have you tried to describe your home to others, and had trouble finding the right words? Maybe you're trying to plan your dream home, and...
European Real Estate Prices To Drop In 2006
Areas of Europe popular with holiday home buyers could see property prices fall by ten per cent or more in the year ahead, according to overseas property specialists Tribune Properties.
2005 saw the first signs of a property slow down, and even...
Home Fire Safety
Home Fire Safety
By Erby Crofutt, B4U Close Home Inspections www.b4uclose.com
Is your home as Fire Safe as you can make it?
The answers to these questions will help determine if your home is as safe as
you can make it.
* Do you...
The Snowball Effect
As Rich Levin had stated on his book, Guide to Windows Me, "The moment somebody buys a computer, it's already obsolete. Computer technology has always evolved rapidly."
This concept of Levin also applies to what the real estate industry is...
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Interest Rate Hikes Send Mixed Signals To Real Estate Investors
December 20, 2005 - Successive interest rate increases by the Fed have left everyone wondering what is going to happen next with Real Estate. Will the boom continue or is this the beginning of a gradual slow down?
As Jim Jubak, writing in Jubak’s Journal, points out, the effect of steady increases will have a much broader impact than just on those who have adjustable-rate mortgages or are locked in because of bad credit ratings. He reports that many large mortgage companies are now selling off riskier holdings to third and fourth parties -- parties prepared to put their faith in the ever upward march of prices. But as Jubak says, "It’s never a good sign when the folks that know an asset best are selling."
**Commercial Real Estate Prices in Japan Show Increase**
Tokyo's commercial land prices are still down 80 percent from the peaks of 1990, but are starting to make a come back. With interest rates at record lows and Japan's economy showing growth for four straight years, commercial property prices have actually increased this year for the first time in 15 years.
As a sign of their confidence in the Japanese economy, American International Group Inc., the world's largest insurer, has begun negotiations for the purchase of a $3.4 billion office tower in downtown Tokyo.
**Builder Confidence Declines Slightly in US**
Builders of single-family homes across the US showed slightly decreased confidence in the market going into December. According to a recent survey of members, the National Association
of Home Builders/Wells Fargo Housing market Index (HMI) showed a slight decline from November.
The December index was down from 61 to 57, with anything above 50 indicating "good" sales conditions. Ratings are based on total traffic, resistance to current pricing, interest rate concerns and several other factors. While December's number is still above 50, it is at its lowest point since April, 2003. The national average was brought down by a 33 reported for the Midwest.
**Magna owner misused influence according to minor shareholder**
The founder of Magna International Inc, Frank Stronach, is being accused of misusing the assets of MI Developments, a publicly-traded company that acts as the real estate wing of Magna International.
According to lawyers for Greenlight Capital, Inc., a 10% owner of MI Developments, Stronach used "oppressive conduct" to direct the resources of MI Developments towards propping up another of his companies, Magna Entertainment Corp. This third company runs several racetracks across North America.
About the Author: Get Free Real Estate Articles and Kitchener-Waterloo Real Estate information. - Linknet Real Estate News is a daily summary of Real Estate News.
Source: www.isnare.com
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