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Foreign money pouring into U.S. real estate
The Viceroy, a swanky condominium complex in downtown Miami, gives the impression that the United States is in another real estate boom. The sales office is strangely exuberant. Buyers gush […]
Experts will assess recession’s impact in Md.
Some 600 housing experts and elected officials will analyze the impact of the recession on Maryland’s housing market and the outlook for recovery at a daylong conference Tuesday. The annual […]
Little foreclosure fallout expected in Md.
The decision by one of the largest mortgage servicers in the country to temporarily halt foreclosures could have little impact in Maryland. JPMorgan Chase said Wednesday that it had temporarily […]
Lagging home sales look as bad as 2009
WASHINGTON — This year’s home sales are shaping up to be as dismal as last year, despite cheap home prices and mortgage rates that have fallen to the lowest levels […]
To ease the mortgage process, be prepared
Yes, these are hard economic times, but the disarray in the economy has continued to help keep mortgage rates at levels our generation has not seen. This week the Federal […]
Big gains make REITs appealing investment
Real estate investors don’t have to own property to make a buck. They can invest in stocks of real estate investment trusts, which own and sometimes operate commercial, industrial and […]
Billionaire testifies in child support lawsuit
LOS ANGELES — Billionaire real estate mogul Donald Bren testified Thursday in the child support case brought by his two adult children, saying he was shocked when his then-lover told […]
Sustainability executive pushing real estate industry beyond ‘green’
David Borchardt was recently promoted to chief sustainability officer of The Tower Cos., a real estate management and development firm in Rockville. The position was created after the company decided […]
Home construction up, building permits fall – rebound in peril?
WASHINGTON — Construction of new homes rose more than expected in April but new building permits fell sharply, signaling the industry’s rebound could be short-lived. The results show builders ramped […]
Electrician auctioning bayside island
OCEAN CITY — A West Ocean City electrician who needs money to keep his business going is auctioning a private bayside island that features a sandy beach and hunting lodge. […]
