musiclover

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Posts by musiclover

New home buyers boost property sales

The latest figures from the The Real Estate Institute of WA shows the volume of Perth property sales in the March quarter reached its highest level in two years. The median house price is up slightly to $465,000. More >

30-year mortgage rate falls to 3.88%

The average rate on the 30-year fixed mortgage dropped near its all-time low this week, making home-buying and refinancing a bargain for some. Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan fell to 3.88 percent from 3.98 percent. That’s just above the rate of 3.87 percent reached in February, the lowest since long-term mortgages began in the 1950s. More >

Commercial Real Estate Roundup for 4.6.12

Sheltering Arms Hospital leased 28,172 square feet at 13700 St. Francis Blvd. in Chesterfield County. Primatics Financial, LLC leased 12,222 square feet at 1001-1063 Technology Park Drive in Henrico County. MCV Associated Physicians leased 6,317 square feet at Glen Forest Professional Center in Henrico County. More >

The week in Real Estate

Investment-home sales surged by 64.5% in 2011, the National Association of Realtors reported this week in its annual Investment and Vacation Home Buyers Survey. More >

Mortgage war combatants losing taste for battle

Canada’s lenders are growing weary of the mortgage war. Having been drawn into a price battle after Bank of Montreal (BMO-T 59.290.440.75%) dropped mortgage rates to historic lows in a rush to grab market share, some lenders have lost their appetite for thinning margins. More >

Pure Industrial Real Estate Trust announces closing of $9.7 million

Today announced the successful closing of a single tenant, fully leased income producing industrial property for a total purchase price of $9,700,000. The property is located at 1345 Redwood Avenue in Winnipeg, Manitoba, has a total rentable area of 112,340 square feet and is situated on 9.9 acres, with 4.0 acres of future development land. More >

Bhoja Air line re-launches its commercial operations

Bhoja Air re-launched its commercial operations after more than a decade of non-operation recently. The Karachi-Lahore-Karachi flight took off at 18:00 PST from Karachi and arrived in Lahore at 19:40 PST on schedule. More >

Florida Commercial Real Estate Market Looks Good for Recovery

In Florida, the commercial real estate market shows growth and is apparently headed towards recovery. Economists commenting on commercial real estate predict that the economic recession will be left behind in 2012. Commercial markets in the state of Florida are ready to move up once again. More >

Home maintenance goes corporate

Banking on the growing purchasing power and busy lifestyles of urban, dual-income families, a slew of firms are now offering to help them run their homes, attempting to bring a measure of professionalism to a largely unorganized sector. More >

Elderly residents bilked at mobile home park

For Georgina Johnson, a financially-struggling, recently-widowed senior citizen whose husband took care of all the maintenance issues at their home in Leisure Lake Mobile Home Park, a chance meeting with Tim Silva last October seemed like a “godsend.” More >