News Archive: 2012

16, 2012 May:

US homebuilder confidence back at 2007 levels

The confidence of US homebuilders in the market has climbed back to 2007 levels, according to the National Association of Home Builders.

Miami agent expands to meet demand

Demand for Florida property is high right now. So high, in fact, that a Miami agent has expanded to cope with surging activity from overseas investors.

15, 2012 May:

California property officially the most affordable its ever been

California housing has never been more affordable in the history of US real estate, according to the California Association of Realtors.

Game of Thrones star sells house

It is no Kings Landing, but this three-bedroom property in LA comes with the Lannister seal of royal approval as Game of Thrones star Lena Headey puts it on the market.

What’s happened in Vegas?

At the end of 2011, Las Vegas' housing market looked set to be on the rebound, with investors taking a gamble on the foreclosure-hit state. Sales were up by 18 per cent in February 2012, according to the Las Vegas Association of Realtors, while sales continued to climb in March as prices stayed low. But now mixed signals are coming from different reports.

14, 2012 May:

Florida fills up America's top 10 "turnaround towns”

Realtor.com published its list of America's Top 10 "Turnaround Towns" last week - and Florida accounted for seven of them. The state, hardest hit by the financial crisis, is showing signs of rallying as foreign investors continue to take advantage of the low-priced property before the market recovery fully takes hold.

Global prime property prices suffer first fall since 2009

The average price of prime property around the globe fell for the first time since 2009, according to Knight Frank.

Deep Throat house hits the market

The house used for famous adult movie Deep Throat has been put up for sale.

11, 2012 May:

Video - Top 10 skyscrapers to see before you die

They reach high into the atmosphere to captivate us with their imposing dominance. Join us as we count down the Top 10 Skyscrapers you need to see before you die.

High demand and limited supply drive Miami prices up

Limited housing supply and heightened demand drove Miami property prices up in the first quarter of 2012, reveals the Miami Association of Realtors. The association's report shows that despite short sales and bank-owned properties continuing to account for a significant percentage of closed home sales, average sales prices are getting higher.

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