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 | Business News
Friday, May 25, 2012 11:49:20 PM UTC
What a Greek euro exit could mean for Canada

A tumultuous Greek exit from the eurozone would have a harder impact on Canada's economy than the credit crisis recession of 2008 and 2009, a report from a major Canadian bank warns.

More...
Bankia asks Spain for €19B

The board of directors of Spain's troubled bank, Bankia, has asked the Spanish government for €19 billion ($24.5 billion Cdn) in financial support.

More...
EI reforms aim to boost employment, Flaherty says

Finance Minister Jim Flaherty defended his government's proposals to change employment insurance, saying the aim is to remove "disincentives to employment."

More...
Employment Insurance review boards to be scrapped

The federal government is scrapping two review boards used by people appealing decisions made about their employment insurance.

More...
Ottawa moves to limit foreign investment reviews

The federal government is raising to $1 billion the amount of foreign money that can go into a Canadian company before the investment is reviewed. The review has been used in the past to block foreign takeovers of MDA and Potash Corp.

More...
Federal deficit $23.5B, early data shows

Improved economic conditions enabled Ottawa to slash its deficit by almost $11 billion in the just completed fiscal year, the federal government said Friday.

More...
Coffee prices get jolt in jittery economy

A move by cash-conscious consumers away from expensive arabica coffee beans and toward cheaper robusta has turned coffee prices on their ear and caused a run on bargain beans.

More...
Toronto, Calgary lead home price hikes

Toronto and Calgary led the country in rising home prices last month, according to the Canadian Real Estate Association.

More...
Consumer confidence surging in Canada

Consumer confidence is surging across the country, according to the latest survey by an Ottawa-based think tank.

More...
Thunder Bay's Bombardier to build 60 Go Train cars

Bombardier in Thunder Bay has been given the green light to build 60 new GO Train cars that will be destined for public transit service in the Greater Toronto and Hamilton Area.

More...
CAW wants Detroit 3 to invest in Canada

The CAW says new investment in Canada will be the key issue in upcoming contract negotiations with the Detroit Three.

More...
Unloading of docked SpaceX capsule to start Saturday

The privately bankrolled SpaceX Dragon capsule made a historic arrival at the International Space Station on Friday, and astronauts will begin unloading some of the 544 kilograms of food, water, clothing and other supplies its carrying starting Saturday.

More...
Canadian Pacific union dismisses threat of more layoffs

The union for striking Canadian Pacific Railway workers today dismissed the company's threat that the dispute will lead to more layoffs.

More...
Workers' EI history to affect claim under new rules

Human Resources Minister Diane Finley has announced details about the government's planned changes to employment insurance that would tighten the rules for Canadians collecting the benefit.

More...
Vatican banker Tedeschi ousted

The president of the Vatican bank was effectively ousted Thursday after receiving a unanimous vote of no-confidence from bank overseers for having leaked documents and failed to do his job at a critical time in the Holy See's efforts to show transparency in its finances, the Vatican and officials said.

More...
 
 
Globe Life - Real Estate RSS feed
Saturday, May 26, 2012 9:51:00 PM UTC
$102,177 over asking sets east end street benchmark
Heavy traffic through renovated Greenwood Park home


More...
King West condo sells for top dollar
Several offers for light-filled corner unit


More...
Bungalow in Toronto's western suburbs draws 11 offers
Home was exactly what buyers are looking for, says the agent


More...
Leslieville relisting adds $102,000 to sale price
Four rivals bid on home near Jimmie Simpson Park


More...
Pet dispute trips up Toronto condo sale
Initial offer falls through; new deal comes in lower


More...
Mimico new build draws two bidders
‘Totally new, detached and bigger than a lot in the neighbourhood’


More...
Quick sale for west end Toronto home
Previous addition expanded 50-year-old Princess Anne Manor home


More...
Home of the Week: A 1960s bungalow gets long, low and luxurious
A Mississauga home on the Rattray Marsh gets a complete overhaul but maintains the signatures and style of the era it was built in


More...
Tour a lux reno'd 60s bungalow
No description available


More...
Sellers free to set asking prices as low as they want
Real Estate Council head says no law has been broken if sellers lowball their opening listing - ‘It’s simply an invitation’


More...
Large two-bedroom offers quiet retreat on busy Yonge
Condo fees clock in at $1,307 a month


More...
Pre-emptive bid $120,100 over asking nabs Baby Point home
Good location and fully renovated


More...
One-bedroom on Bay takes a bit longer to sell
30-year-old building comes with a space bonus


More...
Annex detached sells for $21,000 premium
Fire station next door was no deterrent


More...
Home of the Week: Luxe suite has a bird's eye view of the Blue Jays
Homeowners of this suite at the Ritz-Carlton residences can watch planes taking off and baseball games winding down


More...
 
 
msnbc.com: Real estate
Friday, May 25, 2012 2:00:59 PM UTC
Cities with the most homes in foreclosure

According to data released last week, the worst effects of the housing crisis are beginning to wind down. But some of the largest U.S. cities continue to lag behind the rest of the country.According to data released last week, the worst effects of the housing crisis are beginning to wind down. But some of the largest U.S. cities continue to lag behind the rest of the country.




More...
Slideshow: What home buyers can get for $250,000

Each week, TODAY real estate expert Barbara Corcoran looks around the U.S. to see what home buyers can get for their money. Each week, TODAY real estate expert Barbara Corcoran looks around the U.S. to see what home buyers can get for their money.




More...
Sponsored By:
More...
Celebrity Real Estate: Oprah, DiCaprio, Hutcherson

Josh Hutcherson of "The Hunger Games" picked up a home rich in Hollywood history, Oprah Winfrey is listing a home she never lived in and Leonardo DiCaprio is looking for a renter for his Malibu home.Josh Hutcherson of "The Hunger Games" picked up a home rich in Hollywood history, Oprah Winfrey is listing a home she never lived in and Leonardo DiCaprio is looking for a renter for his Malibu home.




More...
One in three mortgage holders still underwater
Amid signs the U.S. housing market is finally rising from a long slumber, a new report from Zillow, a real estate Web site, shows homeowners are falling further under water.

More...
30-year mortgage rate at 3.78, another record low
Mortgage rates have continued to fall over the past week, once again setting record low for a 30-year contract, mortgage giant Freddie Mac said. The 30-year benchmark dipped to 3.78.

More...
Rise in sales bolsters sense of housing revival

While lugging new cabinets into their nearly built home, the Kelly family will stack another layer of chaos onto the saw-and-sales frenzy buzzing through their suburban Charlotte subdivision. The bustle is part of a quickening home-construction pulse across the nation.While lugging new cabinets into their nearly built home, the Kelly family will stack another layer of chaos onto the saw-and-sales frenzy buzzing through their suburban Charlotte subdivision. The bustle is part of a quickening home-construction pulse across the nation.




More...
Housing market shows early signs of healing

A spring growth spurt blooms in the housing market. Existing-home sales rose 3.4 percent in April with tight supplies in markets like Miami helping to seed the rejuvenation.A spring growth spurt blooms in the housing market. Existing-home sales rose 3.4 percent in April with tight supplies in markets like Miami helping to seed the rejuvenation.




More...
Sponsored By:
More...
Listing of the Week: 'Bachelorette's' new home




More...
Slideshow: What home buyers can get for $400,000

Each week, TODAY real estate expert Barbara Corcoran looks around the U.S. to see what home buyers can get for their money. Each week, TODAY real estate expert Barbara Corcoran looks around the U.S. to see what home buyers can get for their money.




More...
Record-breaking $90 million penthouse sale in N.Y.

What real estate downturn? A two-level penthouse with sweeping views of Central Park just sold for more than $90 million Ă¢Â€Â” a record price for New York, according to the New York Times.What real estate downturn? A two-level penthouse with sweeping views of Central Park just sold for more than $90 million — a record price for New York, according to the New York Times.




More...
Celebrity Real Estate: Seacrest and Ellen deal

The big real estate news in celebrity circles? Ellen DeGeneres finally sold her home, selling it to fellow star Ryan Seacrest, and Jennifer Aniston and Justin Theroux are renting in Beverly Hills while their modern home is renovated.The big real estate news in celebrity circles? Ellen DeGeneres finally sold her home, selling it to fellow star Ryan Seacrest, and Jennifer Aniston and Justin Theroux are renting in Beverly Hills while their modern home is renovated.




More...
Cities where jobs in manufacturing pay the most


Not all manufacturing jobs are created equal -- and certainly not manufacturing pay. According to a new study released by BrookingsĂ¢Â€Â™ Metropolitan Policy Program, manufacturing wages differ widely between large cities.Not all manufacturing jobs are created equal -- and certainly not manufacturing pay. According to a new study released by Brookings’ Metropolitan Policy Program, manufacturing wages differ widely between large cities.




More...
Sponsored By:
More...
The condo that's home to 'Fifty Shades of Grey'

Banned, embraced and parodied for its graphic sexual content, "Fifty Shades of Grey," is fiction, but the home much of it takes place in is real. A luxury condominium in Seattle.Banned, embraced and parodied for its graphic sexual content, "Fifty Shades of Grey," is fiction, but the home much of it takes place in is real. A luxury condominium in Seattle.




More...
Mortgage rates still falling, hit record lows
Mortgage rates have continued to fall over the past week, setting record lows for both 30-year and 15-year contracts, mortgage giant Freddie Mac said Thursday. The 30-year benchmark now stands at 3.79 percent, down from 3.83 percent a week ago, with an average "point" fee of 0.

More...
Back from foreclosure to homeownership

Daniel and Robin Akerman inspect their new house after buying in short sale in Pensacola, Fla.When Jennifer Anderson's family could no longer afford their mortgage and lost their home, she expected many years to pass before they would again become property owners.




More...
Housing starts rev up, although permits slip

The nation's homebuilders broke ground on a higher-than-expected number of homes in April, laying the foundation for what could be an improving housing market after a long housing slump. The nation's homebuilders broke ground on a higher-than-expected number of homes in April, laying the foundation for what could be an improving housing market after a long housing slump.




More...
Sponsored By:
More...
Mortgage delinquency rate hits four-year low
The delinquency rate on U.S. home mortgages fell in the first quarter to the lowest level since 2008, though the share of homes in the foreclosure process inched higher.

More...
Listing of The Week: A 'Hobbit House' at Lake Tahoe


885 Hill Lane, Lake Tahoe, Nevada
For sale: $3,700,000
When Paul Arnold and his wife Elizabeth decided to build their custom home, they wanted something beyond fun. They wanted something fantastic.
Hence, "The Hobbit House" was born.885 Hill Lane, Lake Tahoe, Nevada For sale: $3,700,000 When Paul Arnold and his wife Elizabeth decided to build their custom home, they wanted something beyond fun. They wanted something fantastic. Hence, "The Hobbit House" was born.




More...
California cities lead fastest-growing housing markets
Nationally, home prices are projected to decline 4 percent by the end of this year, according to Fiserv Case-Shiller’s latest projections. The country’s largest population centers will not escape this fate.

More...
Celebrity homes: Billy Joel, Babe Ruth, Bristol Palin

This week in celebrity real estate: Billy Joel listed his house for sale in Miami. Bristol Palin sold her house in Maricopa, Ariz. And a home that Babe Ruth once owned near Boston is on the market.This week in celebrity real estate: Billy Joel listed his house for sale in Miami. Bristol Palin sold her house in Maricopa, Ariz. And a home that Babe Ruth once owned near Boston is on the market.




More...
Slideshow: What home buyers can get for $350,000

Each week, TODAY real estate expert Barbara Corcoran looks around the U.S. to see what home buyers can get for their money. Each week, TODAY real estate expert Barbara Corcoran looks around the U.S. to see what home buyers can get for their money.




More...
Homeowners may need to brighten up to sell
TODAY's real estate expert Barbara Corcoran discusses how using bright colors in your home decorating can help attract buyers to your home.

More...
Sponsored By:
More...
Mortgage rates keep dropping, hit record lows
Average U.S. rates for 30-year and 15-year fixed mortgages fell to fresh record lows this week. The 30-year loan ticked down to 3.83 percent, the lowest since long-term mortgages began in the 1950s.

More...
For sale: Home where 'Deep Throat' was filmed

There are homes where famous films were shot that still enjoy a kind of real estate celebrity status all their own. There are homes where famous films were shot that still enjoy a kind of real estate celebrity status all their own.




More...
Listing of the Week: An A-list Hollywood party pad

Talk about a house that deserves an Academy Award for set design. This place has everything and more when it comes to a rockin' Hollywood party, including a two-story disco.Talk about a house that deserves an Academy Award for set design. This place has everything and more when it comes to a rockin' Hollywood party, including a two-story disco.




More...
Wells Fargo may face fair lending claims
Wells Fargo could face civil charges from the U.S. Department of Justice under laws that prohibit discrimination against minority homebuyers, the bank disclosed on Tuesday. 

More...
 
 
NYT > Real Estate
Saturday, May 26, 2012 9:00:33 PM UTC
The Summer Rental Rat Race
As more vacation-home owners have entered the rental business, with help from Web sites, the competition for tenants has become fierce.

More...
Big Deal: Voting With Their Wallets
With the election of a new French president this month, the wealthy in France are suddenly scrambling for places to stash their money for a while, including in the United States.

More...
Living In | Glen Oaks, Queens: Glen Oaks, Queens/Living In — Long on Trees, Short on Costs
Apartments make up most of the housing stock in this Queens neighborhood built on property once owned by William K. Vanderbilt.

More...
The Hunt: A Nest and an Investment, Too
Arash Vakil of Flushing, Queens, wanted to buy a small multifamily building so he could live in one unit and rent out the rest.

More...
City Room: Big Ticket | Sold for $14,380,000
A five-bedroom house at 26 Downing Street is the last of three modern new town houses to be sold.

More...
On the Market in New York City
A City Hall area co-op, a Manhattan Valley condo and a Williamsburg condo.

More...
On the Market in the Region
A five-bedroom expanded Cape in Redding, Conn., and a five-bedroom 1920 colonial in Bayonne, N.J.

More...
Brooklyn Apartments to Generate Their Own Power
A Brooklyn developer is renovating a Park Slope brownstone so that it generates as much energy as it uses.

More...
Streetscapes | NoHo: NoHo/Streetscapes -The ‘Feather King’: A NoHo Prequel
The Cohnfeld Building, completed in 1886, was one of the earliest — and most elaborate — industrial buildings in a loft area that once existed north of Houston Street.

More...
MORTGAGES: Mortgages - Speeding Up Short Sales
Starting June 15, Fannie Mae and Freddie Mac will be required to respond to short-sale offers within 60 days.

More...
In the Region | New Jersey: New Jersey/In the Region - Staying Dry and Keeping Property Values Stable
A recent vote in Ocean City to keep the town “dry” — and help keep housing values stable.

More...
New York Real Estate Question & Answer
A big jump in the rent; tax abatements for co-ops; when a co-op lease is breached.

More...
Exclusive: EXCLUSIVE — At $25 Million, a Record Sale in Miami Beach
The property is a triplex penthouse with 6,000 square feet of outdoor space in South Beach.

More...
Property Values: Real Estate for $360,000
A town house in Pittsburgh, a craftsman in Florida and an adobe in New Mexico.

More...
International Real Estate: Real Estate in Bali
Bali’s high-end real estate market has weathered the global financial crisis better than many others.

More...
Replacing Flimsy Doorknobs for a Sale — Market Ready
Is it worth replacing flimsy doorknobs with high-end hardware before listing my home for sale?

More...
On Location: A Brooklyn Artist Free-Associates on Her Walls
Shantell Martin, a London-born artist whose line drawings adorn the walls of private homes and companies, has made her room in Brooklyn her canvas.

More...
Toll Brothers Beats Forecasts
The builder benefited from higher luxury demand and a real estate market that is improving over all.

More...
Square Feet: Rechler Equity Restores Headquarters and Dominates Long Island Market
Rechler Equity survived the downturn in the commercial property market and now controls six million square feet of regional industrial space.

More...
Square Feet: Verdae, a Community, Takes Shape in Greenville, S.C.
In Greenville, S.C., which has benefited from a BMW assembly plant nearby, a planned community called Verdae is taking shape.

More...
The 30-Minute Interview: The 30-Minute Interview: Christopher Schlank
Mr. Schlank, 45, is a managing partner and the founder of Savanna, a private equity and asset management firm that invests in commercial real estate.

More...
George Lucas’s Plans in Marin County Upset Wealthy Neighbors
Facing opposition to a new studio in Lucas Valley, George Lucas said he would bring low-income housing there instead, inflaming wealthy neighbors in Marin County.

More...
The Appraisal: For Smokers, Apartment-Hunting Is Even Tougher
Landlords can stipulate a smoking policy, leaving those unwilling to take their cigarette breaks outside with fewer options.

More...
City Room: Answers From Gary Braness: How Do I Deal With Pests?
Here is the first set of answers from our guest expert to questions on roaches, mice, carpet beetles, moths and other creepy crawlies.

More...
On the Market in New York City
A City Hall area co-op, a Manhattan Valley condo and a Williamsburg condo.

More...
On the Market in the Region
A five-bedroom expanded Cape in Redding, Conn., and a five-bedroom 1920 colonial in Bayonne, N.J.

More...
Homes for $360,000
Properties in Pittsburgh, Florida and New Mexico.

More...
Is It Better to Buy or Rent?
Compare the cost of renting and buying equivalent homes.

More...
Design Notebook: Craft Turns Heads at the International Contemporary Furniture Fair
Craft, with its quirks and nicks, threatened to overshadow sleek goods at the annual International Contemporary Furniture Fair in New York.

More...
What You Make of It: MakeShift Workshop to Rehabilitate Chair Castoffs at Partners & Spade
Castoffs from the sidewalk and online are rescued, restored to life and then returned to the streets.

More...
Seen: 3 Interior Designers Work on the Perfectly Made Bed
Corners are folded, not cut, in a demonstration on the art of making the bed.

More...
Home and Garden Tours Around the Country
Across the country, spring tours give visitors a chance to inspect houses and visit interesting gardens.

More...
Currents | Q&A: YouTube Is Offering Original Home Design Channels
The founders of one of the site’s new channels spoke about the challenges of online programming and why they think home design shows will always be popular.

More...
Currents | Open: Avenue Road Opens Manhattan Showroom — Currents
The Toronto-based furniture company has opened a 5,000-square-foot showroom in Manhattan designed to feel informal.

More...
Currents | Kids: Roberto Gil’s Bunk Bed, Inspired by Boats - Currents
The latest creation from Casa Kids in Red Hook, Brooklyn, is the sturdy, nautically inspired Marino bunk bed.

More...
Currents | Events: The Elle Décor Show House Opens
Eight up-and-coming designers were paired with more than a dozen home retailers, including Restoration Hardware and the Container Store, for the magazine’s show house in Midtown.

More...
PrimeVancouver.ca
Office:(604) 565-8888
Cell:(604) 351-7882
Vancouver Island:(250) 800-0168
Peter Z. Colak
Sutton Grp West Coast (VanCam)