Property sales for July drop

Posted by property | Posted in Real Estate | Posted on 13-08-2010-05-2008

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Property sales for July drop
Residential property sales for July are the lowest in a decade, with just 33 properties sold in Timaru last month.
Read more on Timaru Herald

Property buyers wary of govt move
SOME 40 per cent of property buyers planned on expected increase in property prices as the government phases out subsidies, a recent iproperty.com study revealed. Another 38 per cent preferred to wait before making any purchases because they believe subsidies will not be phased out. The remainder expressed indecisiveness and intended to sell their assets, iproperty.com noted.
Read more on Business Times

Property values drop billion
MADISON The value of Wisconsin property dropped billion last year. A state Department of Revenue report released Friday says property value decline about 3 percent in 2009, the largest drop in at least a half century.
Read more on Wausau Daily Herald

Property Tax Drop Being Considered in Big Spring

Posted by property | Posted in Real Estate | Posted on 12-08-2010-05-2008

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Property Tax Drop Being Considered in Big Spring
Living in Big Spring could be getting cheaper. The city is looking at dropping property taxes.
Read more on News West 9 Midland

Carteret cuts spending, borough property taxes slightly drop

Posted by property | Posted in Real Estate | Posted on 09-08-2010-05-2008

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Carteret cuts spending, borough property taxes slightly drop
CARTERET — Property owners will pay an average of about less in overall taxes this year after the Borough Council approved its 2010 municipal budget Thursday night, officials said.
Read more on MyCentralJersey.com

Gemdale Shares Drop After Property Sales for First Seven Months Drop 42%
Gemdale Corp. , the best-performer among Shanghai property stocks in the last six months, said sales for the first seven months fell 42 percent as a government crackdown on speculation curbed home buyers’ appetite.
Read more on Bloomberg

Gemdale Shares Drop After Property Sales for First Seven Months Drop 42%

Posted by property | Posted in Real Estate | Posted on 09-08-2010-05-2008

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Gemdale Shares Drop After Property Sales for First Seven Months Drop 42%
Gemdale Corp. , the best-performer among Shanghai property stocks in the last six months, said sales for the first seven months fell 42 percent as a government crackdown on speculation curbed home buyers’ appetite.
Read more on Bloomberg

China Vanke says property prices to fall -media
BEIJING, Aug 9 (Reuters) – Property prices in China’s major cities will fall later this year because of the government’s tightening campaign and a coming surge in housing supply, the country’s top listed developer said in comments published on Monday.
Read more on Reuters via Yahoo! Asia News

Property values drop in SW Miss.’s Amite County

Posted by property | Posted in Real Estate | Posted on 04-08-2010-05-2008

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Property values drop in SW Miss.’s Amite County
LIBERTY, Miss. (AP) – Officials say business closures and decreased worth of timberland have reduced property values by about .9 million in southwest Mississippi’s Amite County.
Read more on WXVT 15 Greenville

AMB Property Corp. Reports Operating Results (10-Q)
By 10qk. AMB Property Corp. ( AMB ) filed Quarterly Report for the period ended 2010-06-30. Read more » »
Read more on Guru Focus

Atlantic Beach proposes same property tax rate with more budget trimming
ATLANTIC BEACH – Despite decreasing property values and a resultant drop in tax revenues, city officials plan to reduce spending and hold the property tax rate the same for 2010-11. Lower property values will mean a 0,000 reduction in property tax revenues, City Manager Jim Hanson said. So he’s proposing a .11 million budget for the fiscal year that begins Oct. 1. That’s .8 million less …
Read more on The Florida Times-Union

Cache property values drop

Posted by property | Posted in Real Estate | Posted on 27-07-2010-05-2008

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Cache property values drop
Property values across Cache County are down 10 percent, according to the County Assessor’s Office, which sent out property value notices late last week.
Read more on The Logan Herald Journal

Beijing Property Developers Are Now Slashing Prices In Order To Find Buyers
Chinese property companies have slashed selling prices by 15% in Beijing, in a bid to spur buying demand according to Chinese real estate research firm Centaline.
Read more on Business Insider

Citizens Property Insurance governing board proposes 10% rate hike
Citizens Property Insurance governing board proposes 10% rate hike
Read more on The Palm Beach Post

Property values drop 1.5%

Posted by property | Posted in Real Estate | Posted on 20-07-2010-05-2008

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Property values drop 1.5%
New home construction valued at 0 million in 2009 is effectively cushioning the City of Manteca from suffering substantial property tax revenue drops for the fiscal year that started July 1.
Read more on The Manteca Bulletin

Property plays help China stocks rise 2.2pc
China’s key stock index rose 2.2 percent to its highest close in three weeks, buoyed by property stocks as investors gained confidence that property p…
Read more on The Standard

Lake property owner dissatisfied with efforts to control watermilfoil
As a waterfront property owner, I feel that Candlewood Lake has been grossly mismanaged with regard to the milfoil problem.
Read more on The News-Times

China’s property market braced for 30pc drop

Posted by property | Posted in Real Estate | Posted on 06-07-2010-05-2008

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China’s property market braced for 30pc drop
Standard Chartered tells clients to prepare for a fall in property prices of up to 30pc in Beijing, Shanghai, Shenzen, and other large cities.
Read more on Daily Telegraph

Romneys again become Mass. property owners
Mitt Romney and his wife, Ann, are again Massachusetts property owners. A spokesman says the former Bay State governor and 2008 Republican presidential contender bought a two-bedroom townhouse in suburban Belmont last month. The Romneys paid 5,000 for the 2,100-square-foot property at The Woodlands at Belmont Hill, a residential development that is part of the redevelopment of McLean Hospital …
Read more on Boston Globe

Property Values Drop in Silicon Valley

Posted by property | Posted in Real Estate | Posted on 04-07-2010-05-2008

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Property Values Drop in Silicon Valley
Commercial and residential property values in the Silicon Valley have declined for the first time since the Great Depression. KGO’s Rob Artigo reports from the South Bay the numbers are worse than expected.
Read more on KGO AM 810 San Francisco

Dubai World’s Nakheel property arm gets control of Limitless real estate unit in reshuffle
DUBAI, United Arab Emirates – The main property unit of Dubai World has been given control of another real estate company run by the indebted
Read more on Canadian Business

State waives property tax cap for Roseland budget
ROSELAND – Trenton has granted Roseland’s recent request to waive the 4-percent cap on property tax increases and allow the borough to balance its 2010 municipal budget by boosting property taxes 18 percent.
Read more on The Progress

Less-steep property values drop worth $1 million to Port St. Lucie

Posted by property | Posted in Real Estate | Posted on 30-06-2010-05-2008

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Less-steep property values drop worth million to Port St. Lucie
PORT ST. LUCIE — Residential and business property values are expected to drop 13.74 percent this year, a significantly lower number than the 16.5 percent decline St. Lucie County Property Appraiser Jeff Furst had earlier projected.
Read more on St. Lucie News Tribune

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