Posted by Staff Editor on Oct 10th, 2014
The year-over-year (YoY) change was the same in August as in July, with the 100-MSA composite up 7.5% compared to August 2013. In general, for FNC, the YoY increase has been slowing since peaking in February at 9.4%.
Posted by Rohit on Aug 9th, 2014
In a recent circular [RBI/2014-15/132 A.P. (DIR Series) Circular No.5] the RBI has raised the remittance limit up to US$ 125,000 per individual, per year and removed the restriction against the purchase of property.
Posted by Rohit on Mar 26th, 2014
In real terms – and as a price-to-rent ratio – prices are mostly back to early 2000 levels.
Posted by Rohit on Jan 7th, 2014
A new survey shows that while London was one for foreign investors, the rest of the top five cities were all in the USA. The survey said the U.S. is the “stable and secure” country for real-estate investment “by a wide margin.” The U.S. is also the top market when it comes to capital appreciation and for future real-estate purchases.
Posted by Staff Editor on Sep 23rd, 2013
A majority (85 percent) of the 382 metros covered in August experienced annual home value appreciation. Among the 30 largest metro areas covered by Zillow, 20 saw annual appreciation of 10 percent or more.
Posted by Staff Editor on Mar 23rd, 2013
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In terms of sub-section 4, of Section (6) of the Foreign Exchange Management Act (FEMA), 1999, a...
Posted by Rohit on Feb 20th, 2013
The business of buying-and-renting houses, long dominated by local mom-and-pop investors, has morphed over the past two years into one of the hottest investments on Wall Street. Dozens of pension investors and private-equity firms, such as Blackstone Group LP and Colony Capital LLC, are clamoring to buy homes in beaten-up markets, sometimes using money from foreign co-investors… “We are buying the houses up, and I’d say unashamedly at very, very cheap prices, but I don’t see much of us crowding out other home buyers,” said Mr. Dixon of US Masters…
Posted by Staff Editor on Feb 7th, 2013
Corelogic | February 05, 2013
Home prices nationwide, including distressed sales, increased on a year-over-year basis by 8.3 percent in December 2012 compared to December 2011. This change represents the biggest increase since May 2006 and the 10th consecutive monthly increase in home prices nationally. On a month-over-month basis, including distressed sales, home prices increased by 0.4 percent...
Posted by Staff Editor on Jan 29th, 2013
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North Dakota struggles to cope with its oil-boom prosperity
Article by: PAM LOUWAGIE , Star Tribune: January 26, 2013 – 10:32 PM
The oil boom has meant explosive growth for North Dakota, but life there can be frustrating and lonely, as well as lucrative.
Posted by Rohit on Jan 20th, 2013
CoreLogic: House Prices up 7.4% Year-over-year in November, Largest increase since 2006
Home prices nationwide, including distressed sales, increased on a year-over-year basis by 7.4 percent in November 2012 compared to November 2011. This change represents the biggest increase since May 2006 and the ninth consecutive increase in home prices nationally on a year-over-year basis. On a...