PrimeVancouver.ca

Peter Colak - Sutton Grp West Coast (VanCam)

You deserve Prime...Service, Team, Properties

  • Office: (604) 565-8888
  • Cell: (604) 351-7882
This content requires the Adobe Flash Player and
a browser with JavaScript enabled.
 

Real Estate in the News

Given the importance o f real estate to our economy and quality of life, it is a popular media topic often discussed in  money pages and business reports.

This web page is not intended to be an exhaustive compendium of North American media but rather a sampling of a few of the more influential elements.
The focus here is more on a National level, for Canada and the USA, as a supplement to ubiquitous exposure in local Newspapers and TV news.

You will find the topics to be current …this web page is updated frequently throughout the day.

 
CBC | Money News
Tuesday, September 7, 2010 8:55:08 AM CDT
Fewer Cdn. firms hiring in Q4: survey
The number of Canadian companies that expect to hire more workers slipped marginally in the fourth quarter, according to a new survey released Tuesday.
More...
Obama proposes $50B stimulus plan
U.S. President Barack Obama is asking Congress to approve at least $50 billion US in long-term spending on the country's roads, railways and runways in a pre-election effort to show he's trying to stimulate the sputtering economy.
More...
Business approval rating tumbles
Public confidence in business leadership internationally in the April-to-June period fell to its lowest level in a year, according to a survey released Tuesday.
More...
EU ministers to discuss bank tax
European Union finance ministers are set to discuss the possibility of introducing a levy on banks and whether a tax on financial transactions could stave off another banking crisis when they meet in Brussels Tuesday.
More...
Unions' Labour Day bogey: government cuts
Canada's union leaders are turning their attention to the public sector this Labour Day as deficit-obsessed governments put the squeeze on their workers.
More...
The year in labour relations
A panel of experts joins CBC's Amanda Lang to discuss trends in labour relations in 2010 and what challenges lie ahead next year and beyond.
More...
Lobster catches may be tracked by smart phones
A Charlottetown company is working on a new way to use smart phone technology to track lobster catches.
More...
Grain prices spark global supply fears
A crippling drought across much of Eastern Europe has sparked fears of undersupply in the global wheat crop, but even as prices spike, the overall supply remains secure, experts say.
More...
HST study irrelevant to B.C.: business group
The B.C. Chamber of Commerce is dismissing a report from the CD Howe Institute predicting the HST could slow the provincial economy for several years after roll-out.
More...
Air Transat reaches deal with pilots
Air Transat, the airline operated by Transat A.T. Inc., has reached a tentative labour contract with its more than 300 pilots.
More...
BioWare doubling Montreal employees
Edmonton-based BioWare is doubling the number of employees at its Montreal offices, with the ultimate goal of creating an autonomous studio that will design its own video games.
More...
U.S. private sector starts hiring
A decline in government employment offset an increase in private-sector hiring and caused the U.S. economy to shed 54,000 jobs in August.
More...
U.A.E. calls BlackBerry a spy tool
Worries about spying by the U.S. and Israel spurred plans to sharply limit BlackBerry services in the United Arab Emirates, Dubai's police chief said in comments that suggest a tough line in talks with the smartphone maker.
More...
Eldorado, Goldcorp vie for Andean Resources
A takeover battle is emerging for the rights to mining firm Andean Resources Inc. after two Canadian mining companies launched bids for the company.
More...
PotashCorp takeover bid to get review
Saskatchewan Energy Minister Bill Boyd says the province has commissioned an independent review of any takeover of PotashCorp.
More...
 
 
The Globe and Mail - Real Estate RSS feed
Tuesday, September 7, 2010 8:58:00 AM CDT
Hard times in the playground
Caught in a turning market, West Coast resort builders are slashing prices


More...
Coal Harbour
Overseas buyer and seller


More...
Dundas and Jane
Parks, Humber River nearby


More...
Queen and Woodbine
Mid-rise suite in the scenic Beaches


More...
Lawrence and McCowan
Added bonus in Bendale


More...
Bloor and Bathurst
Hot property with kitchen drama


More...
Bayview and Eglinton
Leaside reno catches buyers’ eyes


More...
Yonge and Summerhill
Hot street sparks multiple offers


More...
Adelaide and Sherbourne
Price cut for a cooling market


More...
Dundas and Roncesvalles
Search ends for buyers looking for a big reno project


More...
Eglinton and Yonge
Stacked condo the first-timer’s choice


More...
Queen and Dufferin
Rare opening at a popular Parkdale project


More...
Lakeshore and Royal York
A renovated charmer


More...
Lawrence and Avenue
New build in a desirable neighbourhood


More...
The 39-year reno
Grimsby couple say they’re almost finished with historic restoration of Georgian-era mansion


More...
 
 
msnbc.com: Real estate
Tuesday, September 7, 2010 6:45:17 AM CDT
Closing Costs: Recently sold megahomes
These recently sold expensive homes sold on Realtor.com are as distinct as the regions they’re from.


Realtor.com - Real estate - Business and Economy - United States - For sale by owner
More...
Colleges going on real estate shopping sprees

Columbia University's Manhattanville Development looks northeast from Riverside Drive, in New York. Columbia, like many colleges across the country, has bought acres and acres of land that it doesn't immediately need and doesn't yet know how it will use it.Colleges and universities are buying up chunks of land at bargain prices, sometimes without a clear idea how they'll be used.





Real estate - Business - Education - Colleges and Universities - Directories
More...
Pending home sales rise 5.2% in July
The number of buyers who signed contracts to purchase previously occupied homes increased in July but remained well below last year's levels, a sign that demand for housing remains weak.


Contract - Business - National Association of Realtors - Residential Housing - Construction and Maintenance
More...
Builders of N.Y. mosque face financial hurdles
The developers planning to build a $100 million Islamic center near the World Trade Center site are nearly a quarter-million dollars behind on real estate taxes and late fees.


World Trade Center - Islam - Real estate - New York City - September 11 2001
More...
Homeowners feel stress of life 'underwater'

Mike Choi's townhouse in Connecticut has two bedrooms. But he lives in the basement, renting out the upstairs rooms to help pay down his lost equity. A broad swath of homeowners — those not headed for the worst-case scenario of foreclosure — are nonetheless grappling with the impact of lost home equity.





Foreclosure - Real estate - Business - Investing - Mortgage loan
More...
Banks to allow local groups to buy foreclosures
Major banks are agreeing to give local governments and nonprofit groups the ability to buy foreclosed homes before they are sold to private investors.


Foreclosure - United States - Local government - Non-profit organization - Real estate
More...
Ever so humble, but housing is more expensive
You look back 10 years, what did you get? A little bit cleaner and deeper in debt. With apologies to Tennessee Ernie Ford, that’s a brief synopsis of how U.S. home life has changed during the past decade.


United States - Tennessee Ernie Ford - Tennessee - Government - Shopping
More...
Mortgage applications rise 2.7% on low rates
Mortgage applications rose 2.7 percent last week as more borrowers took advantage of the lowest rates in decades to reduce their monthly loan payments.


Mortgage - Loan - Business - Financial services - United States
More...
Burst of buying drove up June home prices
Home prices rose in June for a third straight month as now-expired tax credits inspired a burst of home-buying.


Home - United States - Accounting - Tax - Conferences
More...
Administration undecided on housing credit
The Obama administration has not decided whether it should resurrect a popular tax credit for first-time homebuyers, Housing and Urban Development Secretary Shaun Donovan said.


Shaun Donovan - Presidency of Barack Obama - United States Department of Housing and Urban Development - United States - Business
More...
Sponsored By:
More...
Foreclosure trims number of underwater homes
Foreclosures are helping to thin the ranks of U.S. homes with mortgages that exceed what the properties are worth, new data shows.


Foreclosure - Mortgage - United States - Real estate - Business
More...
One in 10 mortgage holders faces foreclosure
One in 10 American households with a mortgage was at risk of foreclosure this summer as the government's efforts to help have had little impact stemming the housing crisis.


Foreclosure - Mortgage - Business - Real estate - United States
More...
Empire State Building to get new, tall, neighbor

This artist's rendering shows the proposed 15 Penn Plaza, center, rising 67-stories in Midtown Manhattan, just 34 feet shorter than New York's iconic Empire State Building at left.The Empire State Building's owner has lost his bid to stop a new skyscraper from rising in the neighborhood.





Empire State Building - Skyscraper - United States - Building Types - Arts
More...
New home sales hit slowest pace on record

A sign indicating a new home is available for sale in Miami, Fla. Sales of new homes dropped last month to the slowest pace on record, the latest sign that the economic recovery is fading.Sales of new homes dropped sharply last month to the slowest pace on record, the latest sign that the economic recovery is fading.





United States - U.S. Housing Market - Business - United States Department of Commerce - Real estate
More...
 
 
NYT > Real Estate
Tuesday, September 7, 2010 1:34:28 AM CDT
Town Houses With Condo Amenities
In downtown Manhattan, new condo developments offer owners both single-house-style privacy and luxe-building-style amenities.

More...
Habitats: The New Jersey Teardown That Wasn’t
Where others saw a ruin, the buyer of a house in Millburn — a former contractor — perceived buried charm.

More...
Living In | Sea Gate, Brooklyn: Sea Gate, Brooklyn
A gated community on Coney Island surrounded by sandy beaches, Sea Gate has a suburban feel.

More...
The Hunt: Leaving Behind a Loft, but Not a Friendship
Two longtime loftmates appeared to be going their separate ways, but the hunt for new apartments landed them in the same building in Williamsburg.

More...
Posting: Flip-Flopping on Flip Taxes
In the weak economy, more buyers are being asked to shoulder the so-called flip tax.

More...
Streetscapes/West End Avenue: Three Apples of Somebody’s Eye
West End Avenue and vicinity was once a stronghold of town houses. Three of the now-rare breed bear distinctive traces of the attentions of recent owners.

More...
In the Region | New Jersey: A Developer Installs Solar Power
At River Pointe, a community in Manchester, N.J., solar technology that earns energy credits is a standard feature in each house.

More...
Square Feet | The 30-Minute Interview: Ronald D. Sernau
Questions for a principal of the law firm Proskauer Rose and a co-chairman of the firm’s real estate division.

More...
Big Deal: The Weird World of L.L.C. Names
The wealthy and celebrities often buy property under limited liability companies, often with whimsical names.

More...
Big Deal: On 86th Street, a Town House Awaits Former Glory
Once a grand mansion steps from Central Park, it had fallen into disrepair. Now it is for sale for $8.95 million.

More...
Mortgages: As Pay Falls, Borrowers Lose Ground
One in eight homeowners had household debt exceeding half the monthly income in 2008, a recent report says.

More...
Real Estate Q & A
A parking space that comes with the lease; a condo building with no emergency reserve fund; a landlord’s liability in a burglary; dealing with fees on security deposits.

More...
On Location: In Switzerland, a Cast-Concrete Mountain Retreat
An art collector builds a nontraditional house in an Alpine village where life hasn’t changed that much in decades.

More...
House Tour: New Preston, Conn.
On Lake Waramaug, a converted boathouse has a stone foundation, a wraparound deck and direct access to the water.

More...
Property Values: What You Get for ...$275,000
A one-bedroom condo in Philadelphia, a three-bedroom bungalow in Tennessee and a two-bedroom house in Wisconsin.

More...
Square Feet: Above Ground, a 2nd Ave. Subway Plan Attracts Critics
A half-dozen buildings on Second Avenue will house ventilation equipment, disperse smoke and allow for evacuation from subway tunnels in emergencies.

More...
The Appraisal: Using Private Eyes to Keep Track of Tenants
Real estate investigation, a big business in a borough like Manhattan with plenty of rent-regulated apartments ripe for exploitation, has picked up in the past year.

More...
Square Feet: A Detroit District Thrives by Building on the Past
Developers in Midtown are refurbishing older buildings, using tax credits and public financing, as much as they are building from scratch.

More...
The Appraisal: Client to Broker: Clean My Windows!
In today’s market, some New York brokers say they have never encountered so many demands from their clients, or so much hostility.

More...
Big Deal: A Man of Many Roles Reads the Market Right
The actor Liam Neeson sold his two-bedroom apartment on Central Park West for $1.35 million.

More...
Housing Fades as a Means to Build Wealth, Analysts Say
Many economists believe that the days of banking on an asset that could only rise in value are gone for good.

More...
PrimeVancouver.ca
Office:(604) 565-8888
Cell:(604) 351-7882
Peter Z. Colak
Sutton Grp West Coast (VanCam)