MLS Real Estate & Listings Blog

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Entries Tagged as 'investment'

Foreign buyers fuel second-home sales, while U.S. buyers hold back

March 31st, 2008 · Comments Off

Sales of vacation properties fell 30.6 percent in 2007 compared to the prior year, with investment-property purchases down 18.1 percent, according to an Investment and Vacation Home Buyers Survey report released by the National Association of Realtors.

Total sales of new and resale homes used as primary residences, by comparison, dropped 10 percent from 2006 to 2007, survey results revealed.  more…

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Tags: Buying & Selling · Industry News · Inman Real Estate · europe · foreign · glenn roberts jr. · home buying · home selling · investment · orlando · vacation home

REmapper brings micro focus to real estate forecasting

March 27th, 2008 · Comments Off

A longtime real estate investor is launching a set of subscription-based research tools that offer market statistics and forecasts at the national and micro level — down to the size of a Census block — as well as some free real estate tools at the company’s Web site.  more…

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Tags: Industry News · Inman Real Estate · Real estate technology · census · forecast · glenn roberts jr. · investment · mapping · real estate · remapper.com · zip code

Move Inc. investors seek dismissal of CEO, CFO

March 7th, 2008 · Comments Off

A Move Inc. shareholder seeks the ouster of company CEO Mike Long and Chief Financial Officer Lewis R. Belote III over a $129.9 million securities investment that is currently illiquid.

David Nierenberg, representing The D3 Family Funds of Camas, Wash., charges in a U.S. Securities and Exchange Commission filing today that Realtor.com operator Move Inc.’s large investment in auction-rate securities was a "blunder," as investor interest in that market has dropped off sharply.  more…

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Tags: Industry News · Inman Real Estate · Investing · Move Inc. · bono · illiquid · investment · mike long · nierenberg · shareholder