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Archive → February, 2011

This time, there was action — and an offer

This time, there was action — and an offer
The first two times Debbie Fredette tried to sell the two-family in Haverhill, back in 2009, only one or two potential buyers showed interest, and she pulled it off the market. She recently decided to try again, hoping that a lower asking price, a slightly better economy, and a fresh coat of paint would attract an offer.

Read more on Boston Globe

Rentals: Housing market’s bright spot

Rentals: Housing market’s bright spot
Housing bear David Rosenberg says that apartment REITs should continue their streak for the foreseeable future.

Read more on CNN Money

Heeton Holdings posts 20% rise in full-year net profit to $21m on wet market divestment

Heeton Holdings posts 20% rise in full-year net profit to $21m on wet market divestment
Niche property developer Heeton Holdings posted a 20% y-o-y growth in net profit after tax to $20.9 million for the full year ended 31 December 2010 after taking into account a $4.7 million profit contribution during the year from the divestment of wet markets operations in the first quarter of FY2010. Read more…

Read more on The Edge Singapore

Bank of Spain says new bank law essential

Bank of Spain says new bank law essential
A new decree detailing capital requirements for Spain’s banks and aimed at dispelling market concerns is essential to deal with possible problems within the financial sector, the Bank of Spain’s governor said on Monday.

Read more on Reuters via Yahoo! News

Market moves

Market moves
MOUNT Isa’s property market is growing, in line with the national trend after home loan applications increased for the sixth month in a row in December.

Read more on The North West Star

Commonwealth Property fund profit soars 265%

Commonwealth Property fund profit soars 265%
Commonwealth Property Office Fund has posted a 265 per cent rise in half year net profit, and said a positive trend of enquiries translating into leases, backed by strong labour market data and stabilising asset values, should continue into calendar 2011.

Read more on Brisbane Times

Singapore May Resort To More Property Market Measures

Singapore May Resort To More Property Market Measures
(RTTNews) – Singapore may take more measures, if required, to curb property price inflation, Minister for National Development Mah Bow Tan reportedly said in Parliament on Monday.

Read more on INO News

First-Time Buyers Demand Move-In Ready Starter Homes

First-Time Buyers Demand Move-In Ready Starter Homes
RISMEDIA, February 14, 2011—The term “starter home” seemingly refers to an entry-level property—one that is affordable yet needs tender love and care. But amidst the many homes available in today’s market, current first-time buyers want places with a little less…

Read more on RISMedia Real Estate News

Property market to stall as new regulations bite

Property market to stall as new regulations bite
Around 20 percent of registered residents in Beijing will not be able to buy a new apartment this year after the new round of policy tightening kicks in.

Read more on People’s Daily

Businesses to receive 2011 personal property declarations

Businesses to receive 2011 personal property declarations
Personal property declaration forms have been issued to every person known to have taxable business personal property in the county as of Jan. 1, said Teri Cox, Douglas County assessor.

Read more on Highlands Ranch Herald