Archive for October, 2013

Pete Sampras sells his Lake Sherwood showplace

Tennis legend Pete Sampras and his wife, actress Bridgette Wilson-Sampras, have quietly sold their Lake Sherwood-area compound near Thousand Oaks in an off-market deal. The purchase price was not disclosed.

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Mexico’s Coastline Property Laws Changing

Mexico has long prohibited foreigners from directly owning property along its coasts and international borders, but a change in the country’s constitutional law is expected to create a buying frenzy. The current law requires foreigners to enter into contracts with banks to use and manage coastal…

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Mortgage Refinancing Plummets

The Mortgage Bankers Association reports that mortgage originations could plummet in 2014 due to a drop in refinancing by homeowners. Purchase loans are projected to climb as the housing recovery continues, but a projected 57% drop in refinance mortgages could take the mortgage originations down by…

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Mortgage Refinancing Plummets

The Mortgage Bankers Association reports that mortgage originations could plummet in 2014 due to a drop in refinancing by homeowners. Purchase loans are projected to climb as the housing recovery continues, but a projected 57% drop in refinance mortgages could take the mortgage originations down by…

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UK House Price Increases Projected

A new report from the CBRE indicates that home prices in the United Kingdom (UK) could be set for large gains over the coming years. The five-year forecast cites the economic recovery, more robust lending options and a resulting increase in demand as reasons for the projected gains

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Nicaragua Seeks Costa Rican Lands

Nicaragua’s president, Daniel Ortega, has made repeated calls for Costa Rica’s Guanacaste Province to be returned and is now intimating that he may ask the International Court of Justice to intervene. Costa Rica is unlikely to give up the land without a fight, however, as it is one of the…

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Limeliter Alex Hassilev lists WeHo home with recording history

Alex Hassilev of the Limeliters has listed his West Hollywood home, with its oft-used recording studio, at $2.249 million.

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Limeliter Alex Hassilev lists WeHo home with recording history

Alex Hassilev of the Limeliters has listed his West Hollywood home, with its oft-used recording studio, at $2.249 million.

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Macau Property Market Strong

Analysts report that many foreign investors with real estate holdings in Macau started selling when property prices sailed past $12,000 per square meter, but that hasn’t stopped local investors from stepping in to fill their shoes.

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Macau Property Market Strong

Analysts report that many foreign investors with real estate holdings in Macau started selling when property prices sailed past $12,000 per square meter, but that hasn’t stopped local investors from stepping in to fill their shoes. The result is a continued property boom driven largely by the…

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