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Real Estate

Home price recovery looks slow

The latest report from First American CoreLogic indicates a more pessimistic outlook than previously expressed. The national real estate data company predicted the U.S. will see further declines in home prices, followed by a recovery in the spring. But that ...

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Gap between commercial real estate asking and actual rate deepens

In 2009, commercial real estate saw a widening gap between what the landlord asks a tenant to pay and what the tenant actually pays. In the office sector, the average asking rate declined just slightly from the level it maintained ...

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New RESPA regulations may slow real estate recovery

New federal regulations designed to protect homebuyers from nasty surprises at loan closing time could slow the recovery of the real estate market, some industry insiders say. The regulations require early disclosure of expected loan costs for residential mortgages, with ...

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Brokers predict longer office lease rates in 2010 (access required)

Despite an anticipated rush of commercial foreclosures in the coming year, brokers from Boise’s Colliers International predict the economy has stabilized enough for more office tenants to start signing longer lease agreements. Office specialist Scott Feighner said businesses have figured ...

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Idaho ranks sixth in 2009 per-property foreclosures

The year-end totals are in, and Idaho ranks No. 6 for most per-property foreclosures in the nation. A grand total of 17,161 properties were foreclosed on in 2009, or one in every 37 houses. That number is double what it ...

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Colliers International and FirstService Real Estate Advisors merge

Colliers International and FirstService Real Estate Advisors will combine their operations and global real estate services platforms, according to a release. The combined entity will assume FirstService REA’s industry-unique operating and partnership model and operate as Colliers International in 61 ...

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Industry officials warn of commercial real estate disaster (access required)

The nation’s commercial real estate market – which includes shopping centers, strip malls, apartment buildings, office buildings and warehouses – is  due to suffer the same fate as the housing market, a group of industry officials warned this week. Commercial ...

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Touchmark closes Meridian construction branch (access required)

Touchmark Development and Construction Co. has closed its Meridian office. Touchmark is the Beaverton, Ore.-based developer ofMeadow Lake Village, a 135-acre retirement community near the Meridian Road interchange off Interstate 84 in Meridian.  TDCC is a subsidiary of Touchmark, which will ...

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Mixed use development planned for Pine Ave., Eagle Road in Meridian (access required)

Retail and office buildings are planned on 11 acres at the northeast corner of Eagle Road and Pine Avenue in eastern Meridian. Rocky Mountain Management aims to start construction in the early spring, said Andy Simonds, vice-president of real estate ...

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