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Selling the American Nightmare of HomeownershipThursday, May 29, 2008by Ralph Roberts For more than 30 years, I have been in the business of selling the American Dream of homeownership. I live to find families the perfect home for their budget and lifestyle, and I take great pride in helping to set these families on the path to pursuing happiness. Unfortunately, not everyone in the real estate industry is committed to serving homeowners. Many are more d ... more |
Property rights for democracy and developmentTuesday, May 27, 2008By Nadeem Ul Haque 5/27/2008 Property rights lie at the heart of society and are the foundation of economic development. The principal function of any state and government is the provision of sound and secure property tights. Without property rights there can be no trading, no investment. Property rights are at the heart of any economic activity--nobody will become economically active if ... more |
CDA okays 7 locations for CNG stationsThursday, May 22, 2008ISLAMABAD - The Capital Development Authority (CDA) has approved seven locations for CNG filling stations in the federal capital. The approval was made in meeting of the CDA Board held here on Wednesday. The meeting was presided over by CDA Chairman Kamran Lashari. Moin-ud-Din Kakakhel, Member (Engineering), Brig Asad Munir, (Member Estate), Serwer Sindhu, Director (Urban Planning) an ... more |
Gulf could face shortage of real estate professionalsWednesday, May 21, 2008DUBAI: The real estate industry in the Gulf region could face shortage of qualified professionals as it witnesses an unparalleled boom, according to a study. The study by University of Wollongong in Dubai (UOWD) said that developers were finding it difficult to find skilled professionals, despite offering salaries and perks that were among the highest in the region, WAM news agency reported ... more |
Profitable Real Estate MarketWednesday, May 21, 2008Real estate market finds tremendous changes over the period with advancement and improvements in the real estate market. Nowadays more number of sellers and buyers finds good entrance and exit for their real estate property. More number of properties is listed in the market for sale for a reasonable price consideration. Today, real estate market satisfies the needs and requirements of their buye ... more |
Ten reasons Dubai real estate will continue to boomTuesday, May 20, 2008Dubai real estate may well be the next asset class bubble to be created by inappropriate interest rate levels set by the US, alongside Hong Kong property. But there are at least 10 good reasons to think the present realty boom in Dubai will continue for rather longer than many outside observers believe possible. 1. Dubai mortgage rates are around 8.5 per cent and have yet to adjust to the r ... more |
Property Market in Pakistan: What-future-holds?Tuesday, May 20, 2008Like most other countries in the world, Pakistan is currently going through a property and real estate boom. The prices are sky high and are going even higher. Prime locations in chief cities like Lahore, Karachi and Islamabad are being chased by property hunters and the prices are already touching millions of US dollars. A one kanal house in areas like Gulberg, Model Town, and Defense are being ... more |
Lagovent Buys Apartment Portfolio in Dallas MetroplexWednesday, May 14, 2008By: Scott Baltic, Contributing Editor Lagovent Real Estate Group has acquired two Class B Dallas-area apartment complexes totaling 952 units for a total consideration of $40.5 million. “These are core assets with stable cash flow which will provide our investors with risk adjusted, double-digit first-year returns,” Lagovent managing partner Konstantin Glasmacher said in a prepared statem ... more |
CBRE Investors Closes $2.1B Real Estate FundWednesday, May 14, 2008By: Denise L. Meyer, Contributing Correspondent CB Richard Ellis Investors has announced the closing of CB Richard Ellis Strategic Partners U.S. 5 to new investors. Strategic Partners U.S. 5 consists of two limited partnerships, with raised equity commitments of $2.1 billion from institutional investors in the United States, Europe and the Middle East. The funds are expected to have total pu ... more |
Plots worth Rs. 500 Million Vacated In Johar TownWednesday, May 14, 2008Lahore: Commercial plots worth Rs. 500 million have been vacated from encroachers in Johar Town Trade Center, it was learnt here on Thursday. Measuring one kanals apiece, these plots were encroached upon thrice in the past three months. A grand operation was carried out yesterday under the monitoring of Director State Management Javed Iqbal. The task force faced strong resistance but eventu ... more |
5 Marla Houses to be Exempt from Tax in RawalpindiWednesday, May 14, 2008Rawalpindi: Muhammad Raja Basharat, Punjab Minister for Law, Parliamentary Affairs and Local Bodies has said that they have submitted a bill in Punjab Assembly seeking exemption from paying taxes on 5 Marla Houses in Rawalpindi and Chaklala Cantonment Boards. He said this while he was distributing Rs. 4.7 Million for Water Supply Scheme for Officers Colony Misrial Road. He criticized oppos ... more |
Housing inventory rises again in AprilThursday, May 08, 2008The number of homes on the market remains high, as the housing crisis continues and the Spring selling season approaches its peak. NEW YORK (CNNMoney.com) -- The number of homes for sale was on the rise again in April, according to figures from Zip Realty, a California-based real estate broker. Nationally, inventories expanded 3.5% last month in the 29 major markets that the company trac ... more |
