Beach house fetches record $1.25m – ABC Local

Beach house fetches record $1.25m ABC Local The real estate agent, Neil Otteson, says it is a sign the housing market is strong after the financial crisis. Mr Otteson says he believes it is one of the ..

Asking Christopher Joye How Risky Property Is… – Money Morning (blog)

Asking Christopher Joye How Risky Property Is… Money Morning (blog) “This financial crisis was caused by a failure to manage real estate risk. We put people… no matter how low income… into a leveraged position in local real …

Goodman on the way back

GOODMAN Group is banking on a turnaround in profit from development and funds management this financial year.

World markets recover from drop following Fed move – Yahoo Finance

HONG KONG (AP) — Asian stock markets rose sharply Monday, recovering from a tumble last week when the U.S. central bank decided to pull back one of its emergency supports for the financial system. European shares opened higher.

Australia Property Firms May Seek Hedge Fund Cash to Repay Debt – Bloomberg

None of that is positive for commercial property asset values.” Real estate prices from hotels to retirement homes may be constrained as investors won’t be able to borrow the same levels of debt that were available before the financial crisis …