Sunday, April 23, 2006

Realtor association: Inventory, sales still strong


Single-family existing home sales in Central Florida soared to a record-setting high in March, eclipsing last March by almost 10 percent, according to the Orlando Regional Realtor Association's Roth Report.


Thursday, April 20, 2006

Mortgage employment drops as refinance business slows


Rising interest rates have led to a decrease in overall mortgage industry employment in the Triad at the same time some large lenders are looking to boost their mortgage business.


Tuesday, April 18, 2006

It's a vacation on the house


Southland homeowners are renting out and reaping the rewards.
TAPPING into our houses for cash isn't a new concept. People have treated their homes as piggy banks for the last few years by opening equity lines of credit or taking cash out when they've refinanced.


Monday, April 17, 2006

Guidelines may change for commercial lending


Federal regulators are moving toward their potentially final review of proposed guidelines that may restrict some banks' commercial real estate lending.


Sumner, after the storm


Although many homes in Sumner County were hit hard in the wave of spring storms that blew through Middle Tennessee April 7, local researcher Edsel Charles says the residential real estate market will dodge any serious damage in the aftermath.


Saturday, April 15, 2006

Fidelity National Information to offer service in Japan


Fidelity National Information Services Inc. will expand its property valuation services to the Japanese real estate market. Fidelity will provide its property valuation tool, ValueSure, to Japanese mortgage lenders, secondary market participants and consumers.


Post, Barry gear up for "gateway to downtown"


Barry Real Estate Cos. and Post Properties Inc. have partnered to create retail and residential units in what Post Executive Vice President and Chief Investment Officer Thomas Senkbeil is calling a "gateway to downtown" -- a mixed-use development that will expand Allen Plaza.


Friday, April 14, 2006

Re/Max launches listing site


Re/Max International has launched its national online real estate listing service, which features homes for sale across the country no matter which real estate brokerage holds the listing agreement.


Former real estate company moves into seafood industry


World Wide Cannery and Distribution Inc. has acquired the Seafood Factory in Prague, Czech Republic for a combination of stock and assumption of debt.


Million-dollar home sales on rise in Orlando


Sales of single-family existing homes priced more than $1 million have increased 270 percent over the past three years, according to figures released by the Orlando Regional Realtor Association and the Attorneys' Title Insurance Fund.


Wednesday, April 12, 2006

February home sales jump 16.5 percent


Dayton area home sales continue to break local records and real estate officials expect the rising numbers to carry on through the summer.


Dallas complex nets record price


For months, Dallas commercial real estate brokers have been buzzing about an impending, record-breaking sale of JPMorgan Chase International Plaza, put under contract for about $280 million by New York investor Dennis Trimarchi.


Tuesday, April 11, 2006

Mortgage rates at almost three-year high


Mortgage interest rates continued their upward trend this week, with the national average rate on the benchmark 30-year loan hitting 6.43 percent, the highest level in 31 months, according to Freddie Mac's weekly survey released Friday.


Tuesday, April 04, 2006

Phil Rampy: From farm boy to urban developer



As a major player in five businesses, it seems Phil Rampy would be in a constant juggling act. A real estate broker, Rampy founded development firm CondoHQ


Bradford Cos. affiliates with national real estate network



Bradford Cos. is on a roll. Just days after boosting its corporate services team with the addition of co-managing partners Dave Besserer and Curt Linn, the firm is affiliating with Corfac International, a national real estate network group with offices in 150 markets around the world.


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