Archive for February, 2007

New England Home Staging Releases 2006 NH Home Staging Statistics, Shows How Sellers Can Benefit

From coast to coast, home staging is quickly becoming the industry standard in a competitive real estate market, especially in the New Hampshire real estate market. Real estate agents have always emphasized the importance of appealing to a buyer’s emotions when selling a home. New research now validates that theory and local data shows that [...]

Wednesday, February 28th, 2007 In Real Estate Tags: , , , , , , , , , , , , ,

Home sales down, but offer hope

MANATEE - The bad news: the number of existing-home sales fell 8 percent in Bradenton-Sarasota in January, compared to a year earlier. The good news: Bradenton-Sarasota was the second strongest performing market in the state, which saw the number of sales fall 27 percent.
Helping more homes change hands was a 20 percent fall in the [...]

Wednesday, February 28th, 2007 In Real Estate Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Israel home-sale event in N.J. sparks protest

NEWARK — An event at a Teaneck synagogue offering information on buying homes on Israel’s West Bank is drawing opposition from an Israeli group, as well as pro-Palestinian organizations, who say such efforts undermine international peace efforts.
They also questioned if the sale of what they consider illegally occupied lands violates anti-discrimination laws. However, a New [...]

Wednesday, February 28th, 2007 In Real Estate Tags: , , , , , , , , , , , , , ,

Property Appraisals Change With Housing Market

With the climate change in the housing market, property appraisals are changing, too.
From a curbside click of a camera to sizing up the square footage, appraiser Mike Giampa has calculated the values on thousands of homes.
“If you’re looking to add value to your home, the best way is finishing the basement,” he said. “And don’t [...]

Wednesday, February 28th, 2007 In Real Estate Tags: , ,

Diamondhead Casino Corporation Status Report

Diamondhead Casino Corporation issued a status report for its shareholders. The Company owns, through Mississippi Gaming Corporation, a wholly-owned subsidiary of the Company, approximately 404 acres of land in Diamondhead, Mississippi. The property is debt-free and lien-free. The property fronts Interstate 10 for approximately two miles and the Bay of St. Louis for approximately [...]

Wednesday, February 28th, 2007 In Real Estate Tags: , , , , , , , , , , , , , , , , ,

Brooklyn Home Sale Prices Rose Nearly 8% in 2006, New Study Finds

In a year when home prices fell in many areas of New York City and the nation, the average Brooklyn home price rose nearly 8 percent in 2006, according to a report released by a New York-based real estate appraisal firm, HMS Associates.
HMS, a full-service firm, has been appraising residential and commercial property since 1998 [...]

Wednesday, February 28th, 2007 In Real Estate Tags: , , , , , , , , , , , , , , , ,

American Financial Posts Funds From Operations Loss, Reports Net Income Profit

American Financial Realty Trust, a real estate investment trust that leases property to banks, said Wednesday it swung to a fourth-quarter funds from operations loss.
American Financial posted an FFO loss of $75.4 million, or 57 cents per share, compared with an FFO gain of $7.2 million, or 6 cents per share, for the same quarter [...]

Wednesday, February 28th, 2007 In Real Estate Tags: , , , , , , ,

Rayonier names new CEO

The board of directors of Rayonier Inc. has elected Lee M. Thomas President and CEO, effective March 1. Thomas will succeed the retiring Lee Nutter, and will also take over as chairman when Nutter retires from the board June 30.
Thomas, 62, has been a member of Rayonier’s board since last June. He had been president [...]

Wednesday, February 28th, 2007 In Real Estate Tags: , , , , , ,

American Spectrum Realty Extends Offer to Purchase 485,000 Shares of Hartman Commercial Properties REIT

American Spectrum Realty, Inc. announces that it has extended the tender offer to purchase 4.9% or 485,000 shares of Hartman Commercial Properties REIT to May 31, 2007.
American Spectrum Realty, Inc. cannot determine the financial burden that Hartman Commercial Properties REIT could encounter at this time, due to the uncertainty of the existing litigation between Hartman [...]

Wednesday, February 28th, 2007 In Real Estate Tags: , , , , , , , , , , , ,

Homex Expands Management Team

Desarrolladora Homex, S.A.B de C.V. (Homex or the Company) announced the expansion of its management team as part of the CEO’s strategy to strengthen Homex’s capabilities and better position the Company to further leverage the growth opportunities in the Mexican housing market.
“We are pleased to announce the addition of three talented and experienced executives to [...]

Wednesday, February 28th, 2007 In Real Estate Tags: , , , , , , , , , ,

Plum Creek Timber Company, Inc. 2006 Annual Report on Form 10-K Now Available

Plum Creek Timber Company, Inc. filed its annual report on Form 10-K for the year ended December 31, 2006 with the Securities and Exchange Commission. The document is available to all investors without charge by visiting the company’s website at www.plumcreek.com. In addition, hard copies of the document are available without charge by sending a [...]

Wednesday, February 28th, 2007 In Real Estate Tags: , , , ,

Lear Faces 6 Lawsuits Challenging $2.8B Acquisition by Icahn

Lear Corp. said Tuesday it faces six lawsuits from shareholders seeking to block the automotive parts supplier’s acquisition by billionaire investor Carl Icahn.
Southfield, Mich.-based Lear agreed earlier this month to be acquired by Icahn affiliate American Real Estate Partners LP, for $36 a share, but created a 45-day period to accept competing offers.
Shares of Lear [...]

Wednesday, February 28th, 2007 In Real Estate Tags: , , , , , , , , , , , , ,