Residents say the farther north on the island you go the higher the price of real estate.
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That was when I bought my house, when there was a pullback in the price of real estate.
Tully says to beware of "bubble" real estate markets, where the price of a house completely diverges from the fundamentals that determine the value of a home personal income and rental rates in a particular market.
That lifted the share price of his Hong Kong-listed real estate-led flagship Wharf Holdings by 77% in 2012, triple the rise last year in the property-heavy Hang Seng stock index.
Plastering institutional investors with low-interest greenbacks raises the price of assets notably stocks and real estate creating high incomes for wealthy taxpayers that can then fill the coffers of these states.
And the price paid for this "very nice piece of real estate" was much lower than its real worth.
"We see a stabilizing trend in the ultra-luxury segment, as high-net-worth buyers pursue the very best properties at opportunistic price points, " says Bill Fandel of Peaks Real Estate Sotheby's International Realty, who handled the sale of the Bootjack Ranch, via an e-mail.
Still, serious caution is in order--in the real estate slump of 1990, Hovnanian's price-to-book ratio dropped as far as 0.3.
The price of residential properties cannot be estimated exactly because there are major upswings in the real estate sector of Chennai.
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Its inaugural issue, in April, 1998, featured an explosive cover story detailing the case of Qiong Min Yuan, a real-estate company whose share price had quadrupled before it was charged with overstating profits.
In mid-August, the government announced new measures aimed at curbing rapid real estate price rises by restricting lending for luxury flats and increasing the supply of land for development.
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An appraisal that results in a value that is less than the contract purchase price can potentially mean all kinds of woe for the loan officer (me) and the real estate agent.
Real estate bulls often point to the strong resurgence of buyer activity and home price gains in South Florida, particularly in Miami.
Some are still renting "for the price of a meal at a good Manhattan restaurant, " said Brian K. Thompson, a real-estate investor and broker who collects Tudor City memorabilia.
Some buyers who have a great deal of experience buying real estate prefer not to have representation because this gives them wiggle room in negotiating price.
Some of the worst real estate markets are also the ones where homes on the market are seeing the biggest price reductions.
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W. to Nakash Holdings is one of the capital's largest office deals by price this year, according to Real Capital Analytics, a real-estate research firm.
Over here at Zillow we think in terms of real estate, so we decided to see what kind of houses the couple could snag for the price of their wedding.
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