Spain, Portugal Hotels Enjoy Revenue Uptick in 2011

According to STR Global, double-digit revenue-per-available-room (RevPAR) growth was reported in Lisbon, the Balearic Islands and the Canary Islands year-to-November (YTD) 2011 compared to the same time frame in the year prior. The double-digit RevPAR growth resulted mainly from incre
Read More

Mortgage Applications Uptick in U.S.

According to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 21, mortgage applications increased 4.9 percent from one week earlier, which included the Columbus Day holiday. The Market Composite Index, a measure of mortgage
Read More

California Home Sales in August Uptick 8.6%, Median Price Now Highest in 2011

According to the California Association of Realtors (CAR), California home sales posted an increase from both the previous month and previous year in August, while the median home price rose to its highest level this year. Closed escrow sales of existing, single-family detached homes
Read More