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New home sales jump in May as real estate market strengthens

2015-06-23 18:58:48| Real Estate - Topix.net

A housing development is seen under construction in Zelienople, Pa., last fall. New home sales rose in May, reaching a seven-year high.

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Struggling MTA sees extra cash from real estate boom

2015-06-23 18:12:38| Railroads - Topix.net

As the New York City real estate market continues to hit record highs, the cash-strapped Metropolitan Transportation Authority is seeing revenues from real estate taxes that far exceed the numbers in its budget. The Authority has received 40 percent more in real estate-related tax revenues this year than what it budgeted for - a total of $732.4 million, according to a report presented to the agency's board on Monday.

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At 18, he is the youngest real estate agent in NH

2015-06-23 10:38:53| Real Estate - Topix.net

And as the youngest licensed real estate agent in New Hampshire, it appears there's nothing stopping him.

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Money Laundering Crackdown in Real Estate Sector?

2015-06-23 02:18:43| Real Estate - Topix.net

The Director of the Financial Crimes Enforcement Network recently gave a speech in San Francisco regarding the agency's investigative priorities. Director Jennifer Shasky Calvery's comments drew media attention because she mentioned the need for more transparency of real estate transactions negotiated by professionals .

Tags: real estate money real estate

 

Lone Star Funds buying real estate investment trust Home Properties for about $4.36 billion

2015-06-22 15:59:58| Real Estate - Topix.net

Dallas' Lone Star will pay $75.23 per Home Properties share, a 3 per cent premium to the real estate investment trust's Friday closing price of $72.73. Separately, Home Properties Inc. is exchanging a portfolio of up to six properties with UDR Inc. for a combination of cash and newly issued units of a new subsidiary of UDR.

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