Existing home sales at highest level since 2007
Existing home sales surged in October to the highest level in more than 2-1/2 years, according to a real estate industry report issued Monday.
Octavian Security puts U.S. HQ in Phila. area
Octavian Security, a British company that provides services protecting a range of facilities, will locate its U.S. headquarters in Berwyn, Pa. Octavian anticipates growing its local presence from the small space it has leased.
More Buffalo hotels?
Tom Dee agrees, if one looks at the current economic conditions, downtown Buffalo probably has a glut of hotel rooms.
Palm Beach County Real Estate
http://palmbeach.expertrealty.com/palm-beach-county-real-estate
Boston Scientific to leave Doral
Medical products company Boston Scientific Corp., which has more than 1,200 employees working out of a 14-acre plant in Doral, is relocating its operation to Costa Rica over the next three years.
Office leasing expected to remain stagnant through 2010
Office leasing demand will hit its bottom this quarter and remain stagnant throughout 2010, while asking rents will still decline another 5 to 7 percent in 2010, according to a new national forecast by Jones Lang LaSalle.
MacAulay-Brown to expand Beavercreek presence
A local defense contractor has inked a deal to expand.
Most affordable city to buy a house
Here are the 5 metro areas where the average American family can afford to purchase a median-priced home — and the 5 where they can’t.
Goodwill moving to Pittsburgh’s Lawrenceville neighborhood
After generations on Pittsburgh’s South Side, Goodwill of Southwestern Pennsylvania has formally announced its plan to move its administrative headquarters across the city, into the 51st Street business park in the Lawrenceville neighborhood.
You don’t have to be a millionaire to buy a house
The Great Recession has ravaged savings and boosted unemployment rates, forcing people become more conservative with their cash. It has also made homes a lot more affordable — at least for those people still working.
Mortgage loans: Record number are late
Mortgage borrowers are still falling behind on their payments in record numbers, despite the many foreclosure prevention efforts initiated by the government and non-profits.
Rebuilding from real estate rubble
Semper fidelis, the U.S. Marine Corps motto, means “always faithful” in Latin. As a young grunt serving at Camp Lejeune, N.C., Duane Draughon learned to remain loyal to the mission — “whatever the cost,” he says.
7 tips for buying foreclosures
Foreclosures are dominating the housing market. Right now, there are 1.5 million such homes for sale, and more are expected to be available soon. That provides both opportunities and pitfalls for bargain hunters.
Obama mortgage rescue: Only a few get lasting help
Only a tiny percentage of troubled homeowners have received permanent modifications under President Obama’s foreclosure prevention plan, raising concerns about the effectiveness of the $75 billion effort.
Ritz-Carlton Baltimore says penthouse unit sells for $12.6M
An undisclosed buyer has paid $12.6 million for a penthouse condo at the Ritz-Carlton Residences in Baltimore, marking the largest condo deal at the project and in the city, according to the developer of the luxury Inner Harbor project.
Want to avoid foreclosure? Go see a counselor
Housing counselors, who’ve received more than $400 million in federal funds to help mitigate the mortgage crisis, are helping troubled homeowners avoid foreclosure and lower their monthly payments, a study released Wednesday has found.
Mortgage apps, housing starts fall
Recent enthusiasm for the housing market is waning. The latest reports show mortgage applications and new home construction on the decline.
Home construction at lowest point in 6 months
Home builders initiated construction of far fewer new homes in October than the month before, a big and unexpected drop for the struggling industry, according to a government report issued Wednesday.
Report: Jobs big speed bump in region’s recovery
While the worst days of the recession appear to be over in Greater Cincinnati, the Tri-State continues to face “daunting challenges,” according to the 2010 Regional Economic Outlook issued Tuesday by the region’s two largest chambers of commerce.
CapitalSource to sell health care facilities leases
Finance company CapitalSource Inc. is selling its only profitable division in its ongoing effort to shift toward a banking business model. (CSE) (OHI)
Apartment For Rent in Bedford-Stuyvesant ($1,600.00)
Bedford-Stuyvesant - Luxury Brownstone Living
Bedrooms: 2.0 Bathrooms: 1.0
Luxury Brownstone Living
Large newly renovated brownstone apartment in the heart of Bedford-Stuyvesant Brooklyn. Quiet tree-lined block in close proximity to "A" & "C" train and many buses. The apartment boasts hardwood floors, all new appliances, french doors, clawfoot tub,intercom system and dishwasher. Neighborhood amenities are too many to mention. Local restaurants, art galleries, cafes, library, park, laundromat, supermarkets, financial institutions,etc. You couldn't ask for more.
Agent Details:
Marcia Prince
Marcia Prince
261 MacDonough Street
top floor
Phone: 9176034556
Mobile: 9176034556
UMD ends partnership with Foulger Pratt/Argo
The University of Maryland has officially stalled its mixed-use East Campus project and ended exclusive negotiations for the development with Foulger Pratt/Argo Investment, citing the economic downturn and financial challenges.
People on the Move: Nov. 16
The weekly roundup of senior-level executive appointments in Greater Washington. For more People on the Move, check out the Washington Business Journal’s print edition each week. Send announcements to washingtonbusinessleads@bizjournals.com.
Anchor posts $72 million net loss
Anchor BanCorp Wisconsin Inc. posted a net loss of $72 million for the quarter ending September 30, which was worse than the net loss of $23.3 million for the same quarter in 2008.
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