S&P/Case-Shiller: House price decline rate may be slowing
House prices in metro Atlanta fell 0.6 percent from May to June and dropped 8.1 percent from June 2007 to June 2008, according to the Standard & Poor's/Case-Shiller home price index.
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Northland Acquires $270M Apt. Portfolio in Austin
Northland Investment Corp. has closed on the largest multifamily deal to date in Austin, TX.The privately held real estate investment group purchased nine apartment communities from Equity Residential Properties Trust for $270 million, or about $90…
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Half of King of Prussia Mall for sale
A company that owns half of the King of Prussia Mall has put its share up for sale, its broker said Tuesday. (SPG)
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Equity One / DRA Advisors JV Spends $53M on South Florida Portfolio
In a joint venture with DRA Advisors, shopping center REIT Equity One (NYSE: EQY), completed the acquisition of three properties in South Florida. The joint venture acquired the properties for $53 million - it obtained a $38.9 million mortgage loan…
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Survey: Americans’ trust in businesses dropped
Americans say their trust in businesses slid in 13 of 15 industries measured, according to the latest Better Business Bureau/Gallup Trust survey.
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home sales rose slightly in July, prices fell
Sales of new homes rose in July, but still fell short of economists’ expectations, and home prices continued to sink.
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Home-price index falls 15.9% in June
Real estate brief
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Offering Sellers a Menu of Services: Good Idea?
Have you ever heard the commission-negotiation-avoidance strategy of creating a menu of packages for a seller to choose among? For example (all figures are illustrative only), you might offer a 4 percent package which includes minimal services; a 5 percent package which has a moderate level of service and a 6 percent package that includes a kitchen-sink level of service.
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Dallas home prices drop slightly, but hold their own
The average price of existing single-family homes in Dallas dropped 3.2 percent in June when compared to a year earlier, according to Standard & Poor’s latest S&P/Case-Shiller Home Price Index.
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Santa Clara begins process for fairgrounds development
Santa Clara County's Board of Supervisors on Tuesday kicked off a minimum 18-month process to plan development for the fairgrounds property and said Catellus Development Corp. "emerged as the number one recommended developer."
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