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Investors win foreclosure judgments
Two real estate investment companies that purchased distressed mortgages from Regions Bank have won foreclosure judgments against their developers.
Biz Journal

Mortgage rates hit record low, Silicon Valley refinancing applications surge
Most recent survey shows they hit 4.85 percent, the lowest since at least 1971. Local brokers report a surge in refinance applications. Real estate news
Mercury News

Kolkata retail demand down, new projects put on hold
Around 100 small and large retail and real estate projects in Kolkata are being delayed or defered due to the financial credit crunch.
Business Standard

Realtors offer advice for first-time homebuyers at free seminar
Local real estate agents are launching free how-to seminars for first-time homebuyers.
Biz Journal

(WS) World Summary: WALL ST NOTCHES UP SECOND DAY OF GAINS - istockAnalyst.com (press release)
Straits Times(WS) World Summary: WALL ST NOTCHES UP SECOND DAY OF GAINSistockAnalyst.com (press release), ORLondon Metal Exchange official cash ask prices were: copper $4078 tonne ($3890), tin $10305 ($10225) lead $1310.50 ($1252) zinc $1309 ($1236) aluminium $1410 ($1360) and nickel $9780 ($9485). The 3-month ask prices were copper $4110 tonne ($3960) tin ...Video: No Blue Monday on Wall Street The Associated PressUS Stocks Rally, Extend S&P 500's Best Monthly Gain Since '91 BloombergComment by Mike Larson Real Estate Analyst with Weiss ResearchEntrepreneurall 3,228 news articles
Feed Digest

Press Releases: Watson Wyatt welcomes CEIOPS advice on Solvency II Level 2 implementing measures
Watson Wyatt believes that the first set of advice from the Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) on Solvency II Level 2 implementing measures represents a crucial milestone in the development of the Solvency II regime that will define the future regulatory regime for European insurers. [EUROPE]
Watson Wyatt

Hidden Gem of an Economic Indicator: Diamond Sales
Earlier today I wrote about our chief economist's call that the stock market has bottomed. A housing guru also says a real estate bottom may be in sight. Apparently, the diamond market is starting to shine again, too.I've been monitoring the gold and gems demand recently and interviewing people who work in that industry. A week ago, when I spoke to esteemed estate dealer Andrew Fabrikant of Fabrikant Fine Diamonds, he said people continue to sell gold to cash in on strong prices, but gems have lost their luster. That's changed: "All of the sudden people are buying diamonds," he told me this afternoon.This morning Fabrikant says he had a Eureka moment. He came to the realization that a shift may be underway. For example, he cannot recall a client inquiring about a diamond engagement ring in the month of January. In the past week, however, three clients have asked about engagement rings and "another guy from Colorado just asked about buying a gift for his wife." "I just sold a lot
BusinessWeek

MP Western Properties Inc. Announces 2008 Earnings
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 26, 2009) - MP Western Properties Inc. (NEX:MPW.H), a Vancouver-based real estate company, announces the results of operations for the year ended December 31, 2008.The Company is reporting Gross Revenues of $11.184 million and Net Income of $2.175 million for 2008.MP Western Properties Inc. owns 21 real estate properties totalling over 1,160,234 square feet of rentable space located in the Whistler and Metro area of Vancouver.
Market Wire

Banking - Mexico - Finance minister sees housing sector as key in mitigating effects of crisis
Financing to Mexico's housing sector and home construction will play a key role in mitigating the effects of the country's economic crisis, finance minister Agustín Carstens said during a real estate ...
BN Americas

Commercial real estate loan defaults skyrocket
WASHINGTON — With loan defaults rising, analysts say the struggling commercial real estate industry is poised to fall into the worst crisis since the last great property bust of the early 1990s.
Mercury News

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