Daily Blockbrief – 10 January 2013

09/01/2013 10:47 pm

BLOCKBRIEF - 10 January, 2013

Real Estate IS Far From A Free Market

Top Stories

The US federal government spends about $450 billion a year on real estate, a sum that includes direct spending, loan guarantees and tax breaks like the mortgage-interest deduction, according to a report released today by Smarth Growth America, an organization that pushes for so-called smart growth that centers around denser neighborhoods and public transit more

The sale of new homes rose in November by 4.7 per cent, the second rise in two months, in an encouraging sign for housing activity in 2013 more

Monday’s $11.6 billion settlementbetween Fannie Mae FNMA -0.69% andBank of America BAC -4.59% is the final chapter to a colorful drama involving the mortgage-finance giant, the major lender, and the starring (but silent) collaborator: Countrywide Financial more

Tishman cuts the 'Financial Engineering'. After mishaps during the boom years, firm is back boosting its portfolio, especially overseas, but is using less debt more

Retail entrepreneur Brett Blundy has bought the Jindalee Homemaker Centre in Brisbane from the GPT Group to make Blundy and his BB Retail Capital,the largest private owner and manager of such “bulky goods” centres in the country more

Centuria Property Funds is buying an office tower in the Sydney CBD from Stockland for $56 million. The building, 175 Castlereagh Street, near Park Street, will form a single asset unlisted property trust more



Industry Key To Muswellbrook Development

Exhibition Site A No-Go Zone

NY Property Group To Build New Tower

Folding 'Em At The Shore

Plunge For China Stocks Directed By Property Developers



Byron Mayor KO'd By KFC DA


Real Estate Tech

Address Talk: Increasing Transparency In The Property Market


Outlets Lead Real Estate Stories

AFR - New Home Sales Up 4.7% In November

WSJ - Plots & Ploys: Hotel Handover

Property Observer - New Home Sales Rose In November

SMH - Owners To Get More Say On Flat Overcrowding

The Australian - GFC Lessons Are Not Lost On Goodman

Daily Telegraph Real Estate - Construction Slow But Hope's On Horizon

The Real Deal - Inside The Record-Setting, N0-Contract Purchase of Soho's 529 Broadway

Inman - Building Momentum For Your Real Estate Business

Blockbrief - Online Real Estate Search On Google Grows 243%



Macquarie Capital: Sydney & Perth Set For Property Price Growth of Between 4% and 6% In 2013

Fitch: Stable Outlook For Australian Housing Market But No Price Gains In 2013