Daily Archives: March 20, 2013

Safeguard Properties can't always guard against foreclosure foul-ups

Safeguard Properties can't always guard against foreclosure foul-ups
Space exploration: The Cleveland Clinic Florida has outgrown its space in West Palm Beach and is exploring a move to a larger site in that city's downtown, real estate sources tell The Palm Beach Post. “Cleveland Clinic's desire to move to a larger …
Read more on Crain’s Cleveland Business (blog)

Emerging Stocks Fall as Chinese Developers Sink Most Since 2008

Emerging Stocks Fall as Chinese Developers Sink Most Since 2008
Emerging-market stocks fell, led by the biggest tumble since 2008 for China's property companies, as the government announced measures to cool the real estate market. Materials producers led declines as commodities dropped. The Shanghai Stock …
Read more on Bloomberg

Federal Home Loans to Get More Expensive with Rising Mortgage Insurance

Federal Home Loans to Get More Expensive with Rising Mortgage Insurance
The changes, set to take effect April 1st of this year, will increase the amount of mortgage insurance paid on FHA loans. Per Federal HUD guidelines, FHA home loans are required to carry mortgage insurance for a minimum of five years and the premiums …
Read more on PR Web (press release)

Over $870 Billion of Commercial Real Estate Traded in 2012

Over 0 Billion of Commercial Real Estate Traded in 2012
In addition to collecting transactional information for property sales and financings, RCA interprets data such as yields, pricing and sales volume, and quantifies the market forces that affect the liquidity of commercial real estate around the world …
Read more on PR Web (press release)

Billy Joel Auctioning Off Autographed Baby Grand for Charity; His Miami

Billy Joel Auctioning Off Autographed Baby Grand for Charity; His Miami
Meanwhile, in other “Billy Joel selling stuff news,” the Piano Man's mansion on Miami's La Gorce Island is still on the market after a year, because he won't budge on the price, reports the Florida-centric website GossipExtra.com. The 9,000-square-foot …
Read more on WFJA Classic Hits and Oldies 105.5 FM