Thursday, July 5, 2012

Real Estate


Fearing crash, real-estate agent bails on Vancouver townhouse
Canada.com
TORONTO - The last person you might expect to be talking up a real-estate crash is your realtor.
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Home sales drop in Toronto and Vancouver, prices up
Reuters
TORONTO, July 5 (Reuters) - Home sales in two of Canada's biggest markets slowed sharply in June from the year before, offering more evidence that the country's lengthy real estate boom is softening. Sales in Toronto, Canada's largest city, slumped 13 ...
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Denver Real Estate Market Continues to Sizzle
MarketWatch (press release)
DENVER, CO, Jul 05, 2012 (MARKETWIRE via COMTEX) -- The latest data from Metrolist(R), the largest real estate multiple listing service (MLS) serving Colorado real estate agents, show May to be another impressive month for Denver Metro area home ...
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Norway Oil Fund Buys $341 Million of Real Estate in Paris
Businessweek
Norway's $600 billion sovereign wealth fund agreed to buy stakes in five properties in Paris from Italy's Generali Group as it expands its real estate portfolio in the French capital.
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Norway's oil fund buys into Generali's Paris real estate
Reuters
Partnership concerns five high-end properties in Paris* Initial assets worth 550 mln euros* Norwegian fund paid 275 mln euros to Generali* JV could be replicated in other countries-Scotti (Adds.
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The Case for Real Estate in a Portfolio
Wall Street Journal
After strong gains, some pros still see a place for property in portfolios. Vanguard REIT ETF and T. Rowe Price Real Estate are popular picks.
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Wall Street Journal
Real Estate Report: Prices Up, Sales Down
Westport Now
By Judy Szablak. Like many reports over the past year, there is good and bad news in the latest statistics. Average sale prices are up over last year for the first half of 2012. At the same time, unit sales are down by 10 percent from last year during ...
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Real estate Q&A: Beware of mortgage-reduction scam
Kansas City Star
QUESTION: I was solicited by a company that said it could reduce my mortgage, and I'd have 20 percent equity in the home when all is said and done. The firm proposed a complex legal plan that begins when I deed my home to a trust and pay a $2500 fee.
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Q & A
New York Times
Does management fix damage done from their plumbers; refinancing a condo; prohibition against installing a security camera?
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Toronto real estate: buyers take a breather from open houses and bidding wars
Toronto Star
Toronto real estate cooled as home sales declined. But if looking for a deal, look elsewhere – prices still went up.
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Toronto Star

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