Real Estate

TV5 News @ 10AM 07th August 2009

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July 6 (Bloomberg) — Kenneth Rogoff, professor at Harvard University and former chief economist at the International Monetary Fund, talks with Bloomberg’s Susan Li about China’s real estate market and economy.
Rogoff, speaking in Hong Kong, also discusses the outlook for European banks, the global economy and stimulus policies. (Source: Bloomberg)

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Ever since its property bubble burst spectacularly in late 2008, Dubai has been struggling to revive its shattered image.

But those investors who bought at the peak of the real-estate boom in the trading hub of the UAE say they still have no idea where their hundreds of thousands of dollars have gone.

And no one, not even the real-estate regulator, seems willing to help.

Al Jazeera’s Dan Nolan has their story from Dubai.

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Despite all the warnings about looming socialism and even communism coming from Fox News these days, the concept of private property rights seemed wholly absent when Fox News’ Megyn Kelly reported on a controversy in Gaffney, South Carolina, that resulted from a Bank of America branch’s temporary removal of American flags placed on its property by Brenda Earls to memorialize the death in Afghanistan of US Marine Lance Corporal Christopher Fowlkes, as I show in this video.

The 3 short FAIR USE clips I use from Megyn Kelly’s interview of Brenda Earls come from the Fox News program “America’s Newsroom” broadcast September 22, 2009, that you can find, in full, online at http://www.foxnews.com/video/index.html?playerId=videolandingpage&streamingFormat=FLASH&referralObject=9904603

My May 2008 video in which I appear on camera to fight for the freedom to plant flags on PUBLIC property to honor soldiers and civilians killed in Iraq to which I refer in this video is available under the title “ACLU Memorial Day Free Speech Win!” on YouTube at http://www.youtube.com/watch?v=r5sTVkwySzw

And, finally, as always, you can find DOZENS and DOZENS more examples of Fox News bias on my Fox News bias playlist on YouTube at http://www.youtube.com/view_play_list?p=A3BD2524FE99BD4D

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Inman TV looks at the elements that make a blog successful.

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Hello and welcome to This Month in Real Estate. Im Jay Papasan.

The First Time Homebuyer Tax Credit has been extended and expanded, and the details can be found in our most recent special edition.

For December, we take a look at the results the incentive had on stimulating home sales since 2008.

According to the IRS, about 1.4 million people have taken advantage of the first time homebuyer tax credit.

Not surprisingly, California ranks number one with the number of people filing a claim for the tax credit, while Alaska and Wyoming are among the states with the fewest number of claims.

But those numbers dont tell the whole story. For more, we go to Bryon Ellington. Bryon?
Bryon: Thanks, Jay.

According to the Internal Revenue Service, every state in the Union has participated in the First Time Home Buyer Tax Credit.

If we look at the results according to the total number of claims, heres how the rankings shake out:

California is number one with more than 160 thousand tax payers taking advantage of the first time home buyer tax credit.

Texas is number two with over 131 thousand.

And Florida is number three with over 105 thousand.

But when we look at the data in terms of per capita claims, or the percentage of folks in each state who took advantage of the tax credit, we get radically different results.

Heres a look at the top three in terms of per capita participation in the tax credit

Nevada is in the number one position with more than 20 thousand claims out of a population of 2.6 million.

Utah is in the number two position with over 17 thousand claims out of a population of 2.7 million.

And Arizona is in the third position with over 38 thousand claims out of a population of 6.5 million.

Whats more, we find Alaska moving from near the bottom of the rankings to number 26 above California! And Wyoming, the least populated state in the U.S., moves to number 16. Thats just a bit behind Texas in terms of per capita tax payer participation.

Back to you, Jay

Jay: Thanks, Bryon. Thats it for This Month in Real Estate. Thank you for joining us.

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April 21 (Bloomberg) — Howard Michaels, chairman of Carlton Advisory Services Inc., and managing director Joe Korbar, talk with Bloomberg’s Pimm Fox about investment opportunities in commercial real estate.
Michaels sees “tremendous opportunities” in loan sales. (This is an excerpt of the full interview. Source: Bloomberg)

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