Justice Department Investigating Hamptons NY Property Market

Posted by property | Posted in Real Estate | Posted on 19-05-2010-05-2008

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Justice Department Investigating Hamptons NY Property Market
The U.S. Justice Department is seeking information about real estate listings and home sales in the Hamptons, the New York beach resorts frequented by Wall Street financiers and Hollywood celebrities, said Jonathan Lerner, managing director of property broker Engel & Volkers.
Read more on BusinessWeek

Goldman, Credit Suisse Cut China Property Forecasts (Update2)
Goldman Sachs Group Inc. and Credit Suisse Group Inc. cut profit and share-price estimates for Chinese property companies, citing a government clampdown on speculation to avoid asset bubbles.
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Plano ISD seeks higher property tax rate
The Plano school district wants homeowners to pay a higher property tax rate next school year to reduce debt for school construction and repairs.
Read more on Dallas Morning News

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