Manhattan Apartment Sales Drop for Fourth Quarter in Recession The quarterly report is in and depending how you view them it could be a very good or very bad thing. For Full Report Click Here “You could say it started the second week of September when Lehman (Brothers) filed for bankruptcy,” said Dottie Herman, chief executive of Prudential Douglas Elliman, one of the United States’ largest real estate companies. “Up until then, New York City was holding its own and after that people were in shock. Things they trusted their whole lives just fell apart.” read more source : Diary of a Broker

Curbed revelead the new project from swiss stars architects Herzog & de Meuron a 57-story project developed by the deep-pocketed Alexico Group at the corner of Leonard and Church Streets. The concept is "houses stacked in the sky," and each apartment will have a unique floorplan as well as...

At the “American Chamber of Commerce in France” on 17 April 2008, the KHS Paris Real Estate Market Report was presented and the impact of the crisis on the French property market was discussed. You will find a summary of the presentation below and on the KHS website http://www.khs.fr/index2.cfm?langue=EN (please scroll down to ‘A.NEWS- MARKET REPORT’) and maybe you’d like to discuss the issue with the readers of your blog. source : KHS Paris

En algunos municipios como Manilva y Estepona, el plazo medio de espera puede superar los seis años. Un informe atribuye a un exceso de oferta de estos inmuebles el cambio de tendencia en este secto leer mas

Economic bubbles start with a shining story and end with a tragedy, which keeps reminding people that nothing can be overdone. Surprisingly, bubbles are built on top of solid fundamentals. Once people believe in them, people start to over-leverage them until, of course, the situation becomes so extreme that everything is afloat, detached from their roots. This real estate bubble is no difference. read more

Los expertos destacan que estos mecanismos, que comienzan ya a posicionarse, se convertirán en árbitros de la situación al garantizar liquidez a las compañías y aportar estabilidad y equilibrio al panorama empresaria leer mas

HOMES ARE 3 TIMES MORE AFFORDABLE TODAY THAN THEY WERE 10 YEARS AGO: HDFC’S MISTRY. The absence of exotic, complex home loans have helped stave off a sub prime like crisis in India, according to HDFC managing director Keki Mistry. “There are several reasons why India has been...

A los promotores de vivienda se les acumulan las complicaciones. Si las grandes empresas calculan que las ventas de pisos se desplomaron más de un 30% en la recta final de 2007, ahora la crisis empieza a hacer mella en las preventas, es decir, los pisos que creían tener ya comprometidos. La razón...

A crazy thing happened to me this weekend driving up state to go to a Covais Family reunion. As I was cruising up the Taconic State Parkway I passed a sign saying Donald Trump State Park. I was so surprised I almost drove off the road. read more