The Role Of An Agent In Purchasing Miami Real Estate Property

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

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The Role Of An Agent In Purchasing Miami Real Estate Property
Miami real estate is one of the popular real estate industries in the U.S. Many people are looking forward to own a property in the city due to its accessibility and other opportunities that are available in the city.
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Real estate group buys former Astroworld property

Posted by property | Posted in Real Estate | Posted on 03-06-2010-05-2008

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Real estate group buys former Astroworld property
The firm’s owner says he purchased the property because of its great location, but right now has no immediate plans for development
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Hilton Worldwide signs first Hilton property in Al Khobar with Jenan Real Estate Company

Posted by property | Posted in Real Estate | Posted on 31-05-2010-05-2008

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Hilton Worldwide signs first Hilton property in Al Khobar with Jenan Real Estate Company
Hilton Worldwide today announced the signing of a Management Agreement with Jenan Real Estate Company to introduce the first Hilton branded property in Al Khobar, Saudi Arabia, the 400-room Hilton Al Khobar Hotel & Residence, scheduled to open in Q4 2013.
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Roseland proposes 18% property tax hike
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Corona Gold Corporation (“Corona”) (TSX: CRG) is pleased to announce that, further to its press release of March 5, 2010, it has entered into a formal option agreement (the “Option Agreement”) with Harte Gold Corp. (“Harte”) (TSXV: HRT) pursuant to which Corona has granted to Harte an option (the “Option”) to acquire Corona’s 51% joint venture interest in the “Sugar Zone Property” located in the …
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Creating a Checklist When Buying a Miami Real Estate Property

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

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Creating a Checklist When Buying a Miami Real Estate Property
Early in the homebuying process, there are things that you should know about. These things will help you shape your choice of Miami real estate property. For instance, in order to know which property or home is the best choice, you have to incorporate your needs and wants in making a decision.
Read more on Turks.US

Buying a Miami Real Estate Home as Residence or Investment Property

Posted by property | Posted in Real Estate | Posted on 24-05-2010-05-2008

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Buying a Miami Real Estate Home as Residence or Investment Property
The considerations of buying a Miami real estate property as your primary residence are difference from buying a home in the city as an investment. Aside from the importance of certain factors, there is also uniqueness that sets them apart from each other.
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Mitsubishi Estate Plans U.S. Property Fund, Takeovers (Update2)

Posted by property | Posted in Real Estate | Posted on 21-05-2010-05-2008

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Mitsubishi Estate Plans U.S. Property Fund, Takeovers (Update2)
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Mitsubishi Estate Plans U.S. Property Fund, Takeovers Abroad

Posted by property | Posted in Real Estate | Posted on 21-05-2010-05-2008

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Mitsubishi Estate Plans U.S. Property Fund, Takeovers Abroad
Mitsubishi Estate Co., Japan’s biggest property developer by market value, said it will set up a real estate fund in the U.S. this year and seek takeovers overseas to counter declining demand at home.
Read more on BusinessWeek

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Central San Diego Real Estate Market – Mid Year Snapshot Of Median Prices (2006) – Single Family Homes

Posted by property | Posted in Real Estate | Posted on 14-05-2010-05-2008

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Central San Diego Real Estate Market – Mid Year Snapshot Of Median Prices (2006) – Single Family Homes

Central San Diego Real Estate Market – Mid Year Snapshot of Median Prices (2006) – Single Family Homes

As of this writing, the San Diego real estate markets appears to have shifted from one that favors sellers to one that favors buyers. However, this premise may not hold true for all communities within San Diego, as median prices for some communities continue to rise while others fall.

While there are many metrics to evaluate the real estate pricing trends of a community, one commonly used parameter is to evaluate the median price of homes from one point in time against a prior point of time. The median price reflects the point at which half the homes are above a particular price point, and half the homes are below a particular price point. The median price metric provides one method to analyze the direction of home prices, but should not be used as the sole source of data from which to form conclusions.

The data below is a comparison of median prices for various communities in central San Diego County, comparing data from June 2005 against data for June 2006. This information is only one metric at a particular point in time, and other metrics or data from future months may support or dispute the pricing trends noted below. For some of the San Diego communities presented below, very few homes sold during June 2006, which diminishes the usefulness of the median price metric.

COMMUNITIES WITH INCREASES IN MEDIAN PRICE – SINGLE FAMILY HOMES – JUNE 2006

The data below pertains only to the sales of single-family homes, and does not include condominiums or townhomes. The data is organized by the magnitude of change in median price, with the highest change in median price presented first.

For the Coronado real estate market, the median price was ,775,000, which represents a 14.7% increase from the same time last year. Approximately 15 homes sold in June 2006 (21 homes sold in June 2005).

For the Point Loma real estate market, the median price was ,024,068, which represents an 11.4% increase from the same time last year. Approximately 20 homes sold in June 2006 (14 homes sold in June 2005).

For the University City (UTC) real estate market, the median price was 0,000, which represents a 10.6% increase from the same time last year. Approximately 5 homes sold in June 2006 (19 homes sold in June 2005).

For the La Jolla real estate market, the median price was ,692,500, which represents a 10.3% increase from the same time last year. Approximately 28 homes sold in June 2006 (38 homes sold in June 2005).

For the Logan Heights real estate market, the median price was 5,000, which represents a 7.6% increase from the same time last year. Approximately 13 homes sold in June 2006 (14 homes sold in June 2005).

For the Paradise Hills real estate market, the median price was 7,500, which represents a 5.7% increase from the same time last year. Approximately 8 homes sold in June 2006 (16 homes sold in June 2005).

For the Mission Hills real estate market, the median price was 7,500, which represents a 3.1% increase from the same time last year. Approximately 11 homes sold in June 2006 (12 homes sold in June 2005).

For the Scripps Ranch (Scripps Miramar) real estate market, the median price was 9,250, which represents a 2.8% increase from the same time last year. Approximately 34 homes sold this month (43 homes sold in June 2005).

For the San Carlos real estate market, the median price was 3,000, which represents a 2.4% increase from the same time last year. Approximately 12 homes sold in June 2006 (16 homes sold in June 2005).

For the Del Cerro real estate market, the median price was 7,500, which represents a 2.1% increase from the same time last year. Approximately 13 homes sold in June 2006 (30 homes sold in June 2005).

For the Normal Heights real estate market, the median price was 6,250, which represents a 1.7% increase from the same time last year. Approximately 20 homes sold in June 2006 (19 homes sold in June 2005).

COMMUNITIES WITH DECREASES IN MEDIAN PRICE – SINGLE FAMILY HOMES – JUNE 2006

The data below pertains only to the sales of single-family homes, and does not include condominiums or townhomes. The data is organized by the magnitude of change in median price, with the highest change in median price presented first.

For the Old Town real estate market, the median price was 0,000, which was a 19.1% decline from the same time last year. Approximately 5 homes sold in June 2006 (14 homes sold in June 2005).

For the Golden Hill real estate market, the median price was 1,000, which was a 16.4% decline from the same time last year. Approximately 10 homes sold in June 2006 (13 homes sold in June 2005).

For the Pacific Beach real estate market, the median price was 1,960, which represents a 14.8% decline from the same time last year. Approximately 15 homes sold in June 2006 (19 homes sold in June 2005).

For the Tierrasanta real estate market, the median price was 0,000, which represents a 12.6% decline from the same time last year. Approximately 9 homes sold in June 2006 (17 homes sold in June 2005).

For the North Park real estate market, the median price was 0,000, which represents a 9.7% decline from the same time last year. Approximately 31 homes sold in June 2006 (16 homes sold in June 2005).

For the College Grove real estate market, the median price was 5,000, which represents a 5.9% decline from the same time last year. Approximately 38 homes sold in June 2006 (40 homes sold in June 2005).

For the City Heights real estate market, the median price was 0,00, which represents a 5.3% decline from the same time last year. Approximately 17 homes sold in June 2006 (30 homes sold in June 2005).

For the Mira Mesa real estate market, the median price was 0,000, which represents a 4.7% decline from the same time last year. Approximately 45 homes sold in June 2006 (47 homes sold in June 2005).

For the Linda Vista real estate market, the median price was 0,000, which represents a 4.2% decline from the same time last year. Approximately 16 homes sold in June 2006 (17 homes sold in June 2005).

For the Mission Valley real estate market, the median price was 0,000, which represents a 3.8% decline from the same time last year. Approximately 7 homes sold in June 2006 (18 homes sold in June 2005).

For the Encanto real estate market, the median price was 5,000, which represents a 3.3% decline from the same time last year. Approximately 36 homes sold in June 2006 (47 homes sold in June 2005).

For the Clairemont real estate market, the median price was 5,000, which represents a 2.6% decline from the same time last year. Approximately 30 homes sold in June 2006 (34 homes sold in June 2005).

For the Sorrento Valley real estate market, the median price was 1,000, which represents a 1% decline from the same time last year. Approximately 6 homes sold in June 2006 (5 homes sold in June 2005).

ADVISORY

Homebuyers and home sellers should keep in mind that the data above is simply a snapshot in time, and is not conclusive of the pricing trends for any community. For some communities presented above, very few homes were sold during June 2006, which makes the use of the median price metric of limited value. The data must be evaluated over a longer duration, and involve multiple metrics to fully understand enduring market trends. Contact your Realtor to obtain information about enduring market trends for any given community.

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

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

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