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Buffett Bullish On US Homebuilders

Buffett Bullish On US Homebuilders

 

Billionaire Warren Buffett said the U.S. residential real estate slump will end by about 2011, predicting that’s how long it will take demand for homes to catch up with the supply.

 

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Irish Renewable Energy Target to be Exceeded

 

Irish Renewable Energy Target to be Exceeded

IRELAND IS set to overshoot its target for generating 40 per cent of its electricity needs from renewable energy by 2020, Minister for Energy Eamon Ryan revealed yesterday.

 

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Orlando Rental Levels Set to Increase

Orlando Rental Levels Set to Increase

 

Orlando-area multi-family rents declined last year but are expected to show signs of improvement this year, according to a forecast report by CB Richard Ellis.

 

Average rents declined from $842

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Fundraising reveals enthusiasm for real estate

Fundraising reveals enthusiasm for real estate
The largest UK commercial property investment trust will next week complete a £150m equity raising at a premium to net asset value in a further sign of investor enthusiasm in

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Pensions pile into UK property

Pensions pile into UK property
Pension funds and other institutional investors committed the most money to the UK commercial property sector last quarter, in spite of continued fears of a further drop in values this year.
 

 

Institutional property funds raised

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British Land portfolio value bounces

British Land portfolio value bounces
British Land, the UK’s second biggest property company, reported a strong bounce in the value of its estate during the third quarter to £8bn, as the real estate recovery began to feed into

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London tops property acquisition list

London tops property acquisition list

 

London is Europe's most popular location for new property acquisitions by investors in 2010, as the region's real estate industry improves on the back of easing credit and stabilising values, a report

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Florida Defies US Resale Falls

Florida Defies US Resale Falls

 

The number of existing-home sales in Florida rose in December despite a severe drop in the national US resale figures.

 

Florida resales rose 4.3% compared to the previous month to nearly 14,630, while

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USA Tops Foreign Investor Wishlist

USA Tops Foreign Investor Wishlist

 

The US provides the best opportunity for capital growth according to an organisation representing over $800 billion of real estate investment.

 

Over 50% of the nearly 200 members of the Association

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US buyers continue to favour existing homes over new build

US buyers continue to favour existing homes over new build
 

In November official figures showed decline in new home sales as buyers favoured distressed and foreclosed properties.
 

Separately on Wednesday, personal incomes in the US recorded their biggest gains in six

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