U.S. new home sales dip slightly; local executive sees sharp rebound CLICK HERE TO READ MORE Sales of new homes in the United States dipped slightly in August from July but the median price of homes sold during the month rose by a record amount. In Las Vegas new-home sales have rebounded sharply from last year, one homebuilder executive said.
Sperry Van Ness Adds Nine Franchises in US —CLICK HERE TO READ MORE IRVINE, CA-Locally based Sperry Van Ness has added nine new independently owned and operated SVN franchises throughout the US. The new franchises are in California, New York, Florida, Oregon, Nevada, Colorado and Tennessee. The new franchises are part of Sperry Van Ness International’s national expansion program, which started in 2001 and has grown to more than 800 advisers representing more than 150 markets today, according to Kevin Maggiacomo, CEO and president of Sperry Van Ness International. CLICK HERE TO READ MORE Las Vegas: SVN/Resort Management, LLC, led…
What Does S&P Downgrade Mean for Real Estate? Economists’ Opinions Vary —CLICK HERE TO READ MORE Economists are divided over the commercial real estate implications of Friday’s historic downgrade of U.S. debt. Standard & Poor’s decision to lower its rating on long-term U.S. Treasury bonds from AAA to AA+ is, by itself, unlikely to affect commercial real estate investors directly, say experts….CLICK LINK ABOVE TO READ MORE
Top Publicly Traded CRE Firms Report Solid Mid-Year Results —CLICK HERE TO READ MORE The global recovery in property sales and leasing continued to translate into boosted revenues and profits for the world’s largest commercial real estate services firms at the midpoint of 2011, according to recent financial results…. CLICK LINK ABOVE TO READ MORE