Distressed Sales Rise in California as Lenders Push Through REO Inventories and Short Sales

According to the California Association of Realtors (CAR), the California Pending Home Sales Index dropped as expected between November and December, tracking the annual seasonal slowdown. However, the index was higher than a year ago for the eighth straight month, a trend that bodes
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Shares gain as strong debt sales boost confidence (Reuters)

Reuters – Asian shares rose to a one-month high and the euro clung near its strongest in a week on Friday as strong demand in Spanish and Italian debt sales tempered risk aversion ahead of another auction from Rome later in the day. Yahoo! News: Business News
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Value of Miami’s Top 20 Luxury Residential Sales in 2011 Spike 24% Over Last Year

13 Star Island, Miami Florida According to Miami-based luxury real estate firm Zilbert Realty Group, Miami’s upper-end real estate market enjoyed a significant lift in 2011. Mark Zilbert, President of Zilbert Realty tells the World Property Channel, 2011’s 20 most-expensiv
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WTC Retail Site Among Crop of Downtown NY Venues Expected to Produce Record Sales

The new World Trade Center retail complex will aim to replicate past success. National Real Estate Investor
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Orlando Single Family Home Sales Spike 18% in October, Biggest Increase in 2011

Orlando, FL (ORLANDO, FL) — According to the Orlando Regional Realtor Association (ORRA), sales of existing single-family homes in October 2011 jumped 18% over last October’s home sales pace, marking the year’s greatest month-over-month increase in sales of this home
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CRE Firms Cash In On Healthy Third-Quarter Sales, Leasing Activity

Led once again by especially strong results reported by CBRE Group, the world’s largest commercial real estate services company, major publicly traded commercial real estate service providers continued to benefit from the rebound in global investment sales and leasing in the thi
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Single-Tenant Property Sales Surge To Record Numbers

With money to burn but still having a strong aversion to risk, investors have increasingly turned single-tenant properties into one of the hottest commercial real estate plays in the country. For the last quarter of 2010 and first two quarters of this year, CoStar Group shows that sal
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Online Retail Sales Will Buttress, Boost Brick and Mortar Store Sales This Holiday

Retailers should expect small gains in their 2011 sales this coming holiday season, and those gains will more likely come from non-store sales, Deloitte forecasted this week. Deloitte’s retail and distribution practice expects total holiday sales to reach between $ 873 billion a
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September 2011 Commercial Repeat Sales Analysis Now Available

CoStar released the latest findings of the CoStar Commercial Repeat-Sale Indices (CCRSI) last week anlayzing commercial property sales that closed through July 2011. View the press release for the full analysis. CoStar developed the CoStar Commercial Repeat-Sale Indices to provide a c
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LoopNet Adds REOs, Opens Window into Distressed Asset Sales

LoopNet adds functionality to its property comps database. National Real Estate Investor
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