Archive for February, 2012

Potential Federal Tax Increases Loom

New legislation has put the U.S. on a course for increased federal taxes in 2013; however, much certainty remains as many factors that would trigger higher rates must survive review. The new federal healthcare plan will face scrutiny from the U.S.

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Will UK Become a Nation of Renters?

Britain has been called a nation of “aspirational homeowners”.

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Home Inspections: Understanding Your Legal Protections

Home inspection reports are a summary of the health of a home on the day the inspection is made, but many buyers move through the home-buying process as if it is some type of guarantee.

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Vegas Real Estate Sales Up in January

DataQuick reports median sale prices are down and sales are up across Las Vegas as investors and homebuyers snap up distressed properties that are selling for historically low prices. Total sales were 15.6% higher thanks to increases in sales of new homes and resales in the market, helping push January…

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Scotland’s Home Values Peaking

Scotland’s over price index has risen over the past two quarters and average real estate prices increased 1.4% in the last three months ending in January of this year, but an examination of the annual underlying basis shows prices have dropped 4.2%. Experts at Lloyds TSB believe the numbers from..

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Market Unfazed by Greece Credit Downgrade

Standard & Poor’s downgraded Greece’s credit rating to selective default, but currency markets were seemingly unmoved by the development. The U.S. dollar remained weak on the news, and notably weaker than the yen, which has the Japanese finance minister prepared to act in the event of…

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CBRE Reports Office, Rent Value Improvement

CBRE has made available its Global Office Rent Index and Global Capital Value Index for 2011, and both indicate growth in the commercial office market. Investor caution and instability in the global economic market subdued growth, resulting in 5% and 8.2% gains in each index, respectively, and experts…

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U.S. home prices post decline

A key gauge of home values in the nation’s largest cities fell in December to its lowest level since the start of the housing crisis in mid-2006. Home values in big U.S.

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Poland Fights Europe’s Declining Economy

Poland’s exemption from the euro may have once been a thorn in its side, but it could prove to be its saving grace while the country looks on as stronger member countries struggle to save their weaker partners and the fate of their currency. Europe’s sixth-largest economic player saw 3.8..

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Pending Home Sales Statistics Spike in January: Impact To USD

The latest pending home sales index shows the highest level in signed purchase contracts in January since April 2010, doubling a Bloomberg poll of 44 economists who predicted an average gain of 1% for the month.

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